Wimbledon 2018 gets underway today and the bookies are getting in on the action! There are some great offers available for the duration of the tournament, so provided we minimise our qualifying losses, we stand a great chance of making some big profits and here’s how…
|10Bet||(M) Money back as a free bet (up to £10.00) if your selection loses in 5 sets|
|188BET||(M&W) Money back as cash (up to £25.00) if your selection wins the first set but loses the match|
|21Bet||(M) Money back as a free bet (up to £25.00) if your selection gets knocked out in a 5th set|
|Bet365||(M) Men's Singles bets paid as a winner if our selection goes two sets up (if eligible)|
|BetMcLean||(M) Money back as a free bet (up to £25.00) if your selection loses in five sets|
|Betway||(M&W) Double winnings as a free bet (up to £50.00) if your selection loses the first set but wins the match|
|BoyleSports||(M&W) Double winnings as a free bet (up to £25.00) if your selection loses the first set but wins the match|
|Bruce Betting||(M) Money back as a free bet (up to £25.00) if your selection loses in a 5th set decider|
|NetBet||(M) Money back as a free bet (up to £20.00) if your selection goes 2-0 up and loses the match|
|Paddy Power||(M) Men's Singles bets paid as a winner if our selection goes two sets up|
|Toals||(M&W) Money back as a free bet (up to £25.00) if your selection wins the first set but loses the match|
WARNING: Please be aware of the retirement rules regarding tennis bets. In the event of a player retiring, if the bookmaker has different rules to the betting exchange, it could leave you exposed to big losses. Betfair and Smarkets have the same retirement rules, in that if the first set of a match is not completed, all bets related to the match will be voided. If the bookmaker has different terms to the betting exchange, you may want to consider dutching your bet with a bookmaker who shares the same retirement rules.
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.
The strategy is the same for all eleven offers. We just need to select players with tight back and lay odds in order to minimise our qualifying losses and hope we hit the money back/double winnings triggers.
For the Bet365 and Paddy Power offers, we need to hope our selection goes two sets up and then loses, so that both our back and lay bets win.
The following example is for the 188BET offer. Having looked at the odds available for Ivo Karlovic v Mikhail Youzhny, we could place a qualifying bet on Mikhail Youzhny.
At the time of writing, laying our bet with 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 £24.35…
Place £25.00 on Mikhail Youzhny @ 1.88 = Potential profit of £22.00
Lay £24.35 on Mikhail Youzhny @ 1.95 = Potential liability of £23.13
Let’s have a look at our potential profit/loss for the possible outcomes…
|Youzhny wins the match||+ £22.00 – £23.13 = £1.13 loss|
|Youzhny loses the match having won the first set||- £25.00 + £23.86 + £25.00 (cash refund) = £23.86 profit|
|Youzhny loses the match having lost the first set||- £25.00 + £23.86 = £1.14 loss|
So, if Mikhail Youzhny loses the match having won the first set, we’ll make a nice profit of £23.86. Any other outcome and we’ll have made a maximum loss of £1.14. Risking £1.14 to make a profit of £23.86, gives us effective odds of 21.93, which I’m sure you’ll agree makes this is a profitable offer in the long run.
* Youzhny lost the match 3-1 having won the opening set, resulting in a profit of £23.86 on this match. *