TonyBet Price Boost – Marine Le Pen

The French Presidential Election 2017 concludes on Sunday 7th May 2017 and you don’t want to miss this TonyBet price boost! They’ve enhanced Marine Le Pen to a tasty 10/1. Translated into matched betting terms, this gives us a guaranteed profit of £28.63 and here’s how…

Price Boost bet:

Maximum stakes for this price boost may vary for different accounts, but the following example is based on a stake of £100.00.

I like to place my exchange lay bets with Smarkets as they have great liquidity, the site is really easy to use and they only charge 2% commission in comparison to the 5% charged by other betting exchanges.

We can calculate our lay stake using my matched betting calculator…

Back Bet (Bookie)

%

Lay Bet (Betting Exchange)

%

Min £
Max £
Lay stake required: £
Bookie
Exchange
Cashback
Total
If back (bookie) bet wins
£
£
£
= £
If lay (exchange) bet wins
£
£
£
= £
Total profit: £

Optimal Underlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

Optimal Overlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

As you can see, the calculator tells us that our lay stake should be £131.26…

TonyBet logo

Place £100.00 on Marine Le Pen @ 11.00 = Potential profit of £1,000.00

smarkets logo

Lay £131.26 on Marine Le Pen @ 8.40 = Potential liability of £971.32

Let’s have a look at our profit/loss for the two potential outcomes…

Marine Le Pen wins + £1000.00 – £971.32 = £28.68 profit
Marine Le Pen doesn’t win – £100.00 + £128.63 (£131.26 minus 2% commission) = £28.63 profit

So, regardless of the outcome, we’ll make a guaranteed profit of £28.63 on this TonyBet price boost!

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched 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.