Wimbledon 2016 gets underway on Monday and you don’t want to miss this Unibet price boost! They’ve enhanced Andy Murray to win Wimbledon 2016 from 11/4 to a tasty 4/1. Translated into matched betting terms, this gives us a risk-free potential profit of £10.61 and here’s how…
Maximum stakes for this offer may vary for different accounts, but the following example is based on a maximum stake of £20.00.
We can underlay this price boost at Smarkets to make this offer risk-free. We just need to divide our stake of £20.00 by 0.98 to account for the 2% commission that Smarkets charge on net winnings. This gives us a lay stake of £20.41…
Place £20.00 on Andy Murray @ 5.00 = Potential profit of £80.00
Lay £20.41 on Andy Murray @ 4.40 = Potential liability of £69.39
Let’s have a look at our profit/loss for the two potential outcomes…
| Murray wins | + £80.00 – £69.39 = £10.61 profit |
| Murray doesn’t win | – £20.00 + £20.00 (£20.41 minus 2% commission) = £0.00 |
So if Andy Murray doesn’t win Wimbledon 2016, we break even and there’s no harm done, however, if he does win, we will make a nice risk-free profit of £10.61 on this Unibet offer.
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £100,000 worth of profit, and made it my mission to make matched betting accessible to everyone.