£44.10
Guaranteed Profit
£44.10
Actual Profit

US Open 2020 Offer – Virgin Bet


Posted by Matt (administrator) Matt
Start Time: 31/08/2020 16:00

The US Open 2020 gets underway on Monday and you don’t want to miss this Virgin Bet free bet offer! Simply place three or more £5.00+ bets on in play tennis markets and Virgin Bet will give us a £5.00 free bet to use on any in play tennis market. Translated into matched betting terms, this gives us a guaranteed profit of £44.10 and here’s how…

Key Terms:

  • Place three or more £5.00+ bets on in play tennis markets.
  • Bets must be placed and settled between 00:01 on Monday 31st August 2020 and 23:59 on Sunday 13th September 2020.
  • Minimum odds of 1.80 (4/5) per bet.
  • We can qualify once per day during the qualifying period.

Qualifying Bets:

If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy for a walk-through guide on how they should be done.

We can place our lay bets at Betfair or Smarkets.

We can calculate our lay stakes using the matched betting calculator.

Virgin Bet logo

Aim to lose no more than £0.20 on each of our 3 qualifying bets

So, we’ll lose approximately £0.60 in qualifying for each £5.00 free bet.

Free Bets:

Free bets can be claimed via a pop-up notification that will usually be displayed within 24 hours of our qualifying bets being settled. Free bets will be valid for 7 days on in play tennis markets. Free bet stakes will not be included in any returns.

By using straightforward matched betting, we should be able to extract 75% cash from each £5.00 free bet, so £3.75. If we take into account our daily qualifying loss of £0.60, this gives us a guaranteed daily profit of £3.15 on this Virgin Bet offer!

With the tournament running for 14 days, that’s an overall guaranteed profit of £44.10!

Comments


  1. Chris

    Guest user

    Can all three bets be on the same match? In the latter stages of the comp there will be less matches each day.

    +0
    Reply
    1. Matt

      328

      I don’t think there’s anything in the terms that says your bets have to be on different matches Chris. It just says in play tennis markets.

      +1
      Reply
      1. Chris

        Guest user

        Cheers Matt. I tried this offer yesterday and found tennis markets really volatile and was lucky not to come out with a large loss on the qualifying bets. I think I might give this one a miss although it is a good offer!

        +0
        Reply
        1. Matt

          328

          It can be tricky Chris as the odds change with every point.

          You can watch the matches live on some bookmaker sites which enables you to time your bets better. With tennis, you ideally want to be placing your bets during a change of ends (every couple of games) or at the end of a set.

          +1
        2. COYY

          Guest user

          Tennis can be fantastic for trading because of the volatility and also great for minimising qualifying losses – even making qualifying profits. Timing is everything and a crystal ball helps. Avoid placing bets whilst the ball is in play at the beginning of a game – if you’ve backed the server and they lose the first point or two then you’re in trouble, which I guess you have found. Wait until it’s 40-0 or use the change of ends at Matt says. Also avoid pressure games just before the end of a set, where a strong returner might be waiting to go all out to break, and you’ll also be surprised how many players lose their first service game after winning a set. I play it differently these days and place a lay bet first, but I have a strict set of criteria to avoid possible losses. Same applies to the Betfred offer.

          +1
  2. Tom

    Guest user

    Virgin are running a similar basketball offer. Place 3 x £5 in play bets and get £5 bet free. You can do this 5 times for get £25 free bets each week. I just place 25 x £5 bets on the same game and lay once and watch the free bets roll in. Waiting for the timeout is a good idea. I do the same with the tennis. Place 3 bets a day on the same game and lay once.

    +1
    Reply
    1. Matt

      328

      Thanks for posting Tom.

      +0
      Reply

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