The World Snooker Championship 2018 gets underway on Saturday morning and you don’t want to miss this William Hill offer! Simply bet £10.00 on any player to win the tournament and William Hill will give a £10.00 free bet to be used on the snooker. Translated into matched betting terms, this gives us a guaranteed profit of £6.19 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 they should be done.
To qualify for the £10.00 free bet, we must place a bet of £10.00 or more on the ‘Snooker World Championship – Tournament Winner‘ market. Qualifying bets must be placed between 18:00 on Thursday 19th April 2018 and 10:00 on Saturday 21st April 2018, to be eligible.
Having looked at the odds available, we could place our qualifying bet on Ronnie O’Sullivan.
I like to place my exchange lay bets with Betfair as they have great liquidity and the site is really easy to use.
We can calculate our lay stakes using my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £9.15…
Place £10.00 on Ronnie O’Sullivan @ 3.25 = Potential profit of £22.50
Lay £9.15 on Ronnie O’Sullivan @ 3.60 = Potential liability of £23.79
Let’s have a look at our potential profit/loss for the possible outcomes…
| Ronnie O’Sullivan wins | + £22.50 – £23.79 = £1.29 loss |
| Ronnie O’Sullivan doesn’t win | – £10.00 + £8.69 (£9.15 minus 5% commission) = £1.31 loss |
So, regardless of the outcome, we’ll lose a maximum of £1.31 in qualifying for our £10.00 free bet.
Free Bet:
Our £10.00 free bet will be valid for 4 days and can be used on any Snooker World Championship 2018 market.
By using straightforward matched betting, we should be able to extract at least 75% of the £10.00 free bet as cash, so around £7.50. If we take into consideration our maximum qualifying loss of £1.31, we should make a guaranteed profit of £6.19 on this William Hill offer!
* Ronnie O’Sullivan didn’t win the tournament, resulting in a profit of £6.19 on this William Hill offer. *
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £90,000 worth of profit, and made it my mission to make matched betting accessible to everyone.