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…
As you can see, the calculator tells us that our lay stake should be £131.26…
Place £100.00 on Marine Le Pen @ 11.00 = Potential profit of £1,000.00
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
Since 2014, I’ve blogged over £100,000 worth of profit, and made it my mission to make matched betting accessible to everyone.