188BET Offer – Hull FC v Wigan Warriors

Hull FC host Wigan Warriors in the Super 8s tonight and you don’t want to miss this 188BET offer! If Wigan Warriors lead Hull FC at any time and go on to lose the match, 188BET will refund losing Handicap, Winning Margin and First/Last/Anytime Tryscorer bets as a free bet, up to £25.00. Translated into matched betting terms, this gives us a potential profit of £21.75 and here’s how…

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.

We’ll need to lay this one on the Betfair Exchange as Smarkets don’t offer the required markets.

It’s entirely up to you what you place your qualifying bet on. At the time of writing, there is no liquidity available, however, this should improve closer to kick-off. With that in mind, I’ll use Wigan Warriors 1-12 (Winning Margin) in the following example and I’ll update the bottom of the post with my actual selection after the match.

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 £24.22…

188BET logo

Place £25.00 on ‘Wigan Warriors 1-12’ @ 3.10 = Potential profit of £52.50

Betfair logo

Lay £24.22 on ‘Wigan Warriors 1-12’ @ 3.25 = Potential liability of £54.49

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

Wigan win by 1-12 points + £52.50 – £54.49 = £1.99 loss
Wigan don’t win by 1-12 points’ – £25.00 + £23.00 (£24.22 minus 5% commission) = £2.00 loss

So, regardless of the outcome, we’ll lose a maximum of £2.00 in qualifying for our potential £25.00 free bet refund.

If Wigan Warriors lead at any time and go on to lose the match, we’ll receive a £25.00 free bet.

Stake refunds just need rolling over once at minimum odds of 1.90 or greater before we are able to withdraw. Therefore by using straightforward matched betting, we should be able to extract 95% cash from our £25.00 free bet, so £23.75. If we take into account or maximum qualifying loss of £2.00, we stand to make a potential profit of £21.75 on this 188BET offer.

Risking £2.00 to make a profit of £21.75 gives us effective odds of 11.88, which I’m sure you’ll agree makes this is a profitable offer in the long run.

To claim our stake refund, we must email the promotion code ‘HFCWW25’, our bet ID number and our 188BET member code to promo@188bet.co.uk using our registered email address. The deadline for claiming is currently unknown so be sure to put your claim in swiftly. Free bets will be credited within 48 hours of a successful claim being submitted and will be valid for 30 days.

* I was unable to find a suitable qualifying bet, so I decided to give this offer a miss. *

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £85,000 worth of profit, and made it my mission to make matched betting accessible to everyone.