Betway Offer – Shanghai Masters 2015

As we wait for domestic football to return, Betway are running another great offer on the Shanghai Masters tennis. Simply place four (or more) in-play tennis bets of at least £10.00 each in one day, and Betway will credit us with a £10.00 free bet the following day. Translated into matched betting terms, this gives us a guaranteed profit of £30.00 and here’s how…

Qualifying bets

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.

The terms and conditions state that our qualifying bets have to be placed in-play and at minimum odds of 1.50 (1/2). With this in mind, it’s probably a good idea to stick to the match winner markets. Our bets must only include singles or doubles matches at the ATP Shanghai 1000.

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 the matched betting calculator.

Free bets

By using straightforward matched betting, we should be able to extract at least 80% of each £10.00 free bet, so approximately £8.00. If we take into consideration our total daily qualifying loss of £2.00, we should make a guaranteed daily profit of £6.00. This offer is available for the next 5 days until Sunday 18th October 2015, meaning we’re able to make a guaranteed overall profit of £30.00!

If you’re not sure how to extract 80% of our £10.00 free bets, please see my Free Bet Strategy page for a walk-through guide on how it should be done.