Kick-off time (GMT): 29/08/2016 : 16:00
The US Open 2016 is here and you don’t want to miss this LeoVegas offer. For every three £10.00+ bets we place in play on the US Open 2016, LeoVegas will give us a £5.00 free in play bet. Translated into matched betting terms, this gives us a guaranteed profit of £32.20 and here’s how…
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.
This offer is available from 23:01 on Sunday 29th August 2016 until 22:59 on Sunday 11th September 2016.
We must place our qualifying bets in play, at odds of 1.50 (1/2) or greater. With this in mind, it’s probably a good idea to stick to the Match Odds markets.
We are able to claim one free bet each day, with ‘each day’ being from 23:01 to 22.59 the following day.
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.
So we will lose £1.20 in qualifying for each £5.00 free bet.
Free bets can be used on any US Open 2016 in play market and will be valid for 24 hours. Free bet stakes are not included in any returns.
By using straightforward matched betting, we should be able to extract at least 70% of each £5.00 free bet, so approximately £3.50. If we take into consideration our total daily qualifying loss of £1.20, we should make a guaranteed daily profit of £2.30.
Given that the tournament is played over 14 days, between Monday 29th August 2016 and Sunday 11th September 2016, this gives us a guaranteed overall profit of £32.20 on this LeoVegas offer!