Betsafe Offer – ATP Tour Finals 2016

It’s less than 50 days to Christmas now and you don’t want to miss today’s Betsafe offer on the ATP Tour Finals! Simply place a £25.00 bet on Andy Murray v Novak Djokovic and Betsafe will give us a £10.00 free in play bet. Translated into matched betting terms, this gives us a guaranteed profit of £6.11 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.

Our qualifying bet must be placed at odds of 1.50 (1/2) or greater. Having looked at the odds available, we need to place our qualifying bet on Andy Murray 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 stakes 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 £24.09…

betsafe

Place £25.00 on Murray @ 2.833 = Potential profit of £45.83

smarkets white

Lay £24.09 on Murray @ 2.96 = Potential liability of £47.22

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

Murray wins + £45.83 – £47.22 = £1.39 loss
Murray doesn’t win – £25.00 + £23.61 (£24.09 minus 2% commission) = £1.39 loss

So, regardless of the result of the match, we will lose £1.39 in qualifying for our £10.00 free in play bet.

Free Bet:

Our free bet must be used in play on the ATP Tour Finals at odds of 1.50 (1/2) or greater. When we place our free bet, we must tick the free bet box found on our betslip. Any winnings generated from the free bet must be wagered once at odds of 1.50 (1/2) or greater.

By using straightforward matched betting, we should be able to extract 75% of our £10.00 free bet as cash, so around £7.50. If we take into consideration our qualifying loss of £1.39, this gives us a guaranteed profit of £6.11 on this Betsafe offer!

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £70,000 worth of profit, and made it my mission to make matched betting accessible to everyone.