It’s Man City v Leicester in the Premier League on Sunday and The Pools are getting in on the action! Simply place a £10.00+ pre-match bet on Man City v Leicester and if our bet loses and both teams score, The Pools will give us £10.00 cashback. Translated into matched betting terms, this gives us a potential profit of £8.60 and here’s how…
Key Terms:
- This offer is by invitation only (advertised on the homepage and promotions page, so should apply to most).
- Minimum stake of £10.00.
- Applies to bets placed on Man City v Leicester before 16:30 (kick-off) on Sunday 27th September 2020.
- Minimum odds of 1.25 (1/4).
- £10.00 cashback if our bet loses and both teams score.
Qualifying Bet:
If you’d like more information about qualifying bets and how they work, please see my Qualifying Bets Guide.
It’s entirely up to you what you place your qualifying bet on, though you’ll want to place it on something that you don’t think will win. Having looked at the odds available, we could place our qualifying bet on a Draw in the Match Result market.
At the time of writing, laying our bet at Betfair gives us the smallest qualifying loss.
Betfair are currently offering new customers 0% commission up to £500 for the first 30 days.
If you’re an existing Betfair customer, you can opt in to pay just 2% commission by selecting their Basic reward plan.
For more information about My Betfair Rewards and how to opt in, please see my Betfair 2% Commission page.
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 £8.78…
Place £10.00 on a Draw @ 5.25 = Potential profit of £42.50
Lay £8.78 on a Draw @ 6.00 = Potential liability of £43.90
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Bookie | Exchange | Cashback | Profit/Loss |
|---|---|---|---|---|
| Draw | +£42.50 | -£43.90 | £1.40 loss | |
| Not a draw and both teams score | -£10.00 | +£8.60 | +£10.00 | £8.60 profit |
| Not a draw and a team fails to score | -£10.00 | +£8.60 | £1.40 loss |
So, we’ll make a nice profit of £8.60 if the match isn’t drawn and both teams score and we stand to lose £1.40 on any other outcome. Risking £1.40 to make a profit of £8.60 gives us effective odds of 7.14, which I’m sure you’ll agree, makes this a profitable offer in the long run.
If eligible, cash refunds will be credited by 12:00 on Monday 28th September 2020.
source https://casinonewsblogger.com/man-city-v-leicester-offer-the-pools/
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