The French Open 2019 gets underway on Sunday and Genting Bet are getting in on the action! Simply place a £20.00+ bet on the Outright Winner market and Genting Bet will give us a £5.00 free bet. Translated into matched betting terms, this gives us a guaranteed profit of £2.80 and here’s how…
Key Terms:
- The minimum stake to qualify is £20.00.
- We must place our bet on the Men’s French Open 2019 – Outright Winner market.
- Qualifying bets must be placed between 09:00 on Friday 24th May 2019 and 23:59 on Tuesday 28th May 2019.
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.
It’s entirely up to you which player you place your qualifying bet on. Having looked at the odds available, we could place our qualifying bet on Rafael Nadal.
At the time of writing, laying our bet at Smarkets gives us the smallest qualifying loss.
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 £19.19…
Place £20.00 on Rafael Nadal @ 1.90 = Potential profit of £18.00
Lay £19.19 on Rafael Nadal @ 2.00 = Potential liability of £19.19
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Bookie | Exchange | Profit/Loss |
|---|---|---|---|
| Rafael Nadal win | +£18.00 | -£19.19 | £1.19 loss |
| Rafael Nadal don’t win | -£20.00 | +£18.80 | £1.20 loss |
So, regardless of the outcome, we’ll lose a maximum of £1.20 in qualifying for our £5.00 free bet.
Free Bet:
Our £5.00 free bet will be credited by 23:59 on Wednesday 29th May 2019 and will be valid for 3 days. Free bet stakes will not be included with any returns.
By using straightforward matched betting, we should be able to extract 80% cash from our £5.00 free bet, so £4.00. If we take into account our maximum qualifying loss of £1.20, this gives us a guaranteed profit of £2.80 on this Genting Bet offer!
* Rafael Nadal won the French Open 2019, resulting in a profit of £2.81 on this Genting Bet offer. *
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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.