Potential
- -
 
Guaranteed
£6.11
 
My Profit
£6.11

Betsafe Offer – ATP Tour Finals 2016


Posted by Matt (administrator) Sun, Nov 20, 2016 04:11pm Matt
Start Time: 20/11/2016 18:00

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…

betsafe-offer-50-days-of-christmas

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!

Comments


  1. biscuit1966

    Just done Murray 2.85/2.88 QL of 59p

  2. skata

    amazing odds.

    £0.04 loss 2.75\2.72 for Murray
    #
    Thanks

  3. biscuit1966

    Ha,I see Djockovic is stil just under the 1.50 min odds!

  4. WR

    For some reason I cannot see the £10 free in-play bet??

  5. Bob

    The whole event now seems to have disappeared

    1. WR

      I thought I was the only one who noticed that, I am on the phone to BetSafe right now. Will keep every one updated.

    2. Bob

      Found it – you have to click on “Live Betting” on the top navigation, then I searched for the match in the search box

      1. WR

        Cheers Bob, The guy on the phone was useless all he kept saying is ‘it should come up soon.’ Lol.

  6. biscuit1966

    Did 4.8/6 on the free bet for £6.25,Couldn’t be bothered watching all of it hoping for a better bet.Could have got 5/5.7 a minute later,oh well £6 is good!

    1. Ali

      Did the same, couldn’t be bothered either and £6 for around 1 minutes work is alright by me!

  7. Ethan

    Can’t withdraw the money because it’s “bonus funds”. Anyone else having this problem?

    1. James

      Yeah I’m having the same problem.

  8. giveitago

    You have to roll it over once if my memory serves me right. I’d actually forgotten myself until I tried to withdraw the funds

    1. Matt

      That’s correct mate. I’ve added a note to that effect.

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