Serena Williams goes in search of a seventh Wimbledon title this afternoon and you don’t want to miss this 188BET offer! Place a bet on Serena Williams v Angelique Kerber and if our selection wins 14 or more games but loses the match, 188BET will refund losing bets as a free bet, up to a maximum of £25.00. Translated into matched betting terms, this gives us a potential profit of £21.43 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.
Qualifying bets must be placed between 00:01 and 13:45 on Saturday 9th July 2016, to be eligible.
Only bets placed on Match Winner and Correct Score pre-match markets will be eligible. It’s entirely up to you what you place your qualifying bet on, but having looked at the odds available, I’ve opted to place my qualifying bet on Serena Williams in the Match Winner market.
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 £24.42…
Place £25.00 on Williams @ 1.27 = Potential profit of £6.75
Lay £24.42 on Williams @ 1.32 = Potential liability of £7.82
Let’s have a look at our potential profit/loss for the possible outcomes…
Williams wins | + £6.75 – £7.82 = £1.07 loss |
Williams doesn’t win the match but wins 14+ games | – £25.00 + £23.93 + £22.50 (extract 90% from our £25.00 stake refund) = £21.43 profit |
Williams doesn’t win the match and wins less than 14 games | – £25.00 + £23.93 = £1.07 loss |
So, if Serena Williams doesn’t win the match but wins 14+ games, we will make a nice profit of £21.43. If Serena Williams wins the match or wins less than 14 games, we’ll have made a loss of £1.07. Risking £1.07 to make a profit of £21.43, gives us effective odds of 21.03, which I’m sure you’ll agree, makes this a profitable offer in the long run.
Stake refunds just need rolling over twice at minimum odds of 1.90 or greater before we are able to withdraw. The above calculations are therefore based on the assumption that, by using straightforward matched betting, we should be able to extract 90% cash from our £25.00 stake refund.
To claim our stake refund, we must email the promotion code ‘women25’, our bet ID number and our 188BET member code to promo@188service.com using our registered email address by 23:59 (GMT) on Saturday 10th July 2016. Free bets will be credited within 72 hours of a successful claim being submitted.
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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.