The World Snooker Championship 2022 is underway, and you don’t want to miss this Grosvenor money back offer! Place a £5.00+ bet on a player to win the tournament, and if they finish runner-up, Grosvenor will refund your stake as cash up to £20.00. Translated into matched betting terms, this gives you a potential profit of £18.99 and here’s how…
Key terms
- Applies to your first real money bet on the ‘World Championship 2022 – Winner‘ market.
- Applies to bets placed between 09:00 on Wednesday 13th April 2022 and 23:59 on Wednesday 20th April 2022.
- Applies to win singles and the win part of each way single bets.
- Minimum stake of £5.00.
- Maximum cash refund of £20.00 if your player reaches the Final but loses.
- Cash refunds will be applied within 24 hours of the end of the Final (scheduled for Monday 2nd May 2022).
Qualifying bet
Please see my qualifying bets guide if you’d like more information about them and how they work.
It’s entirely up to you which player you go for, but it makes sense to select a player with relatively short odds in the hope of a 2nd place finish.
At the time of writing, Kyren Wilson is available at back odds of 15.00 (14/1) and lay odds of 15.50.
Either exchange works for this offer
Betfair and Smarkets are both great options for this offer. If you’ve not used one of them, now is a great time to give them a try.
- Money back as cash up to £20
- 0% commission for 60 days
You can calculate your lay stake using my Matched Betting Calculator…
As you can see, the calculator tells you that your lay stake should be £19.38…
Place £20.00 on Kyren Wilson @ 15.00 = Potential profit of £280.00
Lay £19.38 on Kyren Wilson @ 15.50 = Potential liability of £281.01
Outcomes
Let’s look at your potential profit/loss for the possible outcomes…
| Outcome | Grosvenor | Betfair | Cashback | Profit/Loss |
|---|---|---|---|---|
| Kyren Wilson wins | + £280.00 | – £281.01 | £1.01 loss | |
| Kyren Wilson finishes 2nd | – £20.00 | + £18.99 | + £20.00 | £18.99 profit |
| Any other outcome | – £20.00 | + £18.99 | £1.01 loss |
So, you’ll make a nice profit of £18.99 if Kyren Wilson finishes 2nd, or you’ll lose £1.01 on any other outcome. Risking £1.01 to make a potential profit of £18.99 gives you effective odds of 19.80, which I’m sure you’ll agree, makes this a profitable offer in the long run.
If eligible, your cash refund will be credited within 24 hours of the end of the Final (scheduled for Monday 2nd May 2022).
* Kyren Wilson was knocked out in the 2nd Round, resulting in a £1.01 loss on this Grosvenor offer. *
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Matt Kirman – Matched 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.