It’s Eurovision 2019 on Saturday night and you don’t want to miss this William Hill ‘Bet £10, Get £5’ offer! Place a £10.00 bet on Eurovision 2019 and William Hill will give us a £5.00 free bet to use in play. Translated into matched betting terms, this gives us a guaranteed profit of £3.56 and here’s how…
Key Terms:
- We must place our bet on the ‘Eurovision Song Contest 2019 – Outright‘ market.
- We can place a £10.00 Win or £5.00 Each Way bet to qualify.
- Qualifying bets must be placed between 00:00:01 on Friday 17th May 2019 and 20:00:00 (start) on Saturday 18th May 2019.
Qualifying Bet:
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how it should be done.
Having looked at the odds available, we could place our qualifying bet on Netherlands.
At the time of writing, laying our bet at Smarkets gives us the smallest qualifying loss.
We can calculate our lay stake using my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £9.76…
Place £10.00 on Netherlands @ 1.727 = Potential profit of £7.27
Lay £9.76 on Netherlands @ 1.79 = Potential liability of £7.71
Let’s have a look at our potential profit/loss for the possible outcomes…
Outcome | Bookie | Exchange | Profit/Loss |
---|---|---|---|
Netherlands win | +£7.27 | -£7.71 | £0.44 loss |
Netherlands don’t win | -£10.00 | +£9.56 | £0.44 loss |
So, regardless of the outcome, we’ll lose £0.44 in qualifying for our £5.00 free bet.
Free Bet:
Our £5.00 free bet will be credited within 30 minutes of the ‘Eurovision Song Contest 2019 – Outright‘ market going in play and will be valid until the end of the event. Free bet stakes are not included in any returns.
By using straightforward matched betting, we should be able to extract 80% cash from our £5.00 free bet, so £4.00. If we take into account our qualifying loss of £0.44, this gives us a guaranteed profit of £3.56 on this William Hill offer!
* The Netherlands won Eurovision 2019, resulting in a profit of £3.56 on this William Hill offer. *
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £70,000 worth of profit, and made it my mission to make matched betting accessible to everyone.