£50.00
Potential Profit
£50.00
Actual Profit

Struff v Tiafoe Offer – Betway


Posted by Matt (administrator) Matt
Start Time: 28/09/2020 15:00

It’s Jan-Lennard Struff v Frances Tiafoe in the French Open 1st Round on Monday and you don’t want to miss this Betway early payout offer! Simply bet up to £20.00 on Struff or Tiafoe to win the match and if our selected player wins the first set, Betway will pay us out as a winner, in cash, no matter the final result! Translated into matched betting terms, this gives us a potential profit of £50.00 and here’s how…

Key Terms:

  • Maximum qualifying stake of £20.00.
  • Qualifying single bets must be placed on Struff or Tiafoe in the Match Winner market.
  • Qualifying bets must be placed before the match starts, which is due to be around 15:00 on Monday 28th September 2020.
  • If our selected player wins the first set, Betway will pay our bet out in cash, within 24 hours.

NOTE: Be aware that Betway have different retirement rules to Betfair and Smarkets, which could leave you exposed to a big loss in the event of a retirement. The safest way of doing this offer is dutching your qualifying bet at another bookmaker with the same retirement rules, as explained in this guide.

Qualifying Bet:

If you’re unfamiliar with early payout offers, please see my Bet365 Early Payout (2UP) guide for a walk-through guide on how they should be done.

Having looked at the odds available, we could place our qualifying bet on Frances Tiafoe at odds of 2.625 (13/8). If Tiafoe wins the first set, Betway will pay our bet out as a winner.

At the time of writing, BetVictor have the best odds for Jan-Lennard Struff at 1.50 (1/2).

We can calculate our stake using the ‘2-Way Dutch‘ setting on my Early Payout Calculator

2-Way Dutch
Advanced

Back bet (Bookie)1st Bookie

2nd Bookie

Recommended stake
-

Lay Bet (Betting Exchange)

%
Lay stake
-
Liability
-
The bookmaker has paid out early
Back stakeStake
-
Bookie
Exchange
Total
If team wins
If team draws
If team loses
Bookie 1
Bookie 2
Bookie 3
Total
If selection wins
If selection loses

As you can see, the calculator tells us to stake £35.00 on Jan-Lennard Struff

Betway logo

Place £20.00 on Frances Tiafoe @ 2.625 = Potential profit of £32.50

BetVictor logo

Place £35.00 on Jan-Lennard Struff @ 1.50 = Potential profit of £17.50

No Early Payout:

Let’s have a look at our potential profit/loss if Tiafoe doesn’t win the first set…

Outcome Betway BetVictor Profit/Loss
Tiafoe wins +£32.50 -£35.00 £2.50 loss
Tiafoe doesn't win -£20.00 +£17.50 £2.50 loss

So, worst case scenario, we’ll lose £2.50 in qualifying for this early payout offer.

Early Payout!

If Tiafoe wins the first set, we need to select the early payout toggle (in the grey section) to tell the calculator that ‘The bookmaker has paid out early‘…

2-Way Dutch
Advanced

Back bet (Bookie)1st Bookie

2nd Bookie

Recommended stake
-

Lay Bet (Betting Exchange)

%
Lay stake
-
Liability
-
The bookmaker has paid out early
Back stakeStake
-
Bookie
Exchange
Total
If team wins
If team draws
If team loses
Bookie 1
Bookie 2
Bookie 3
Total
If selection wins
If selection loses

As you can see, our potential profit/loss is as follows, now that Betway have paid out early…

Outcome Betway BetVictor Profit/Loss
Tiafoe wins +£32.50 -£35.00 £2.50 loss
Tiafoe doesn't win +£32.50 +£17.50 £50.00 profit

So, if we let things run and Tiafoe goes on to win, we’ll still make a loss of £2.50, but if Tiafoe doesn’t win, we’ll make a profit of £50.00!

Lock in Profit:

If we decide to lock in a profit, we’ll need to enter the back odds for Tiafoe to win at a third bookmaker. Let’s say, for example, Tiafoe is odds of 1.40 at Bet365…

2-Way Dutch
Advanced

Back bet (Bookie)1st Bookie

2nd Bookie

Recommended stake
-

Lay Bet (Betting Exchange)

%
Lay stake
-
Liability
-
The bookmaker has paid out early
Back stakeStake
-
Bookie
Exchange
Total
If team wins
If team draws
If team loses
Bookie 1
Bookie 2
Bookie 3
Total
If selection wins
If selection loses

As you can see, the calculator tells us that we need to stake £37.50 on Tiafoe to win at Bet365…

Bet365 logo

Place £37.50 on Frances Tiafoe @ 1.40 = Potential profit of £15.00

Now let’s have a look at our overall potential profit for the possible outcomes…

Outcome Betway BetVictor Bet365 Profit/Loss
Tiafoe wins +£32.50 -£35.00 +£15.00 £12.50 profit
Tiafoe doesn't win +£32.50 +£17.50 -£37.50 £12.50 profit

So, regardless of the outcome, we would make a guaranteed profit of £12.50 on this match!

If eligible, our cash winnings will be credited within 24 hours of the match ending.

* Frances Tiafoe won the first set and went on to lose the match 3-2, resulting in a profit of £50.00 on this Betway offer. *

Comments


  1. Kieran

    Guest user

    Is there an alternative bookie that I could use instead of B365 to lock in the profit in this type of Bet?

    +0
    Reply
    1. Matt

      337

      I think VBET have the same tennis retirement rules Kieran.

      +0
      Reply
      1. Archie

        Guest user

        Can’t you just lock in profit by cashing out on Betvictor?

        +0
        Reply
        1. Matt

          337

          It’s best to lock in a profit by placing your bet at a third bookmaker Archie.

          Cashing out at the 2nd bookmaker is an option, but the offer is likely to be poor.

          +0

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