Wimbledon 2017 is underway at SW19 and LeoVegas are getting in on the action. Simply place in play bets of £10.00+ on any tennis markets and LeoVegas will give us a £10.00 free bet every time we reach a specified number of qualifying bets. Translated into matched betting terms, this gives us a guaranteed profit of £25.00 and here’s how…
Qualifying Bets:
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.
To qualify for our £10.00 free bets, we must place in play bets of £10.00+ on any tennis markets at odds of 1.25 (1/4) or greater. The free bets will be credited at the following milestones…
Milestone | Reward |
---|---|
5th qualifying bet | £10.00 free bet |
10th qualifying bet | £10.00 free bet |
15th qualifying bet | £10.00 free bet |
20th qualifying bet | £10.00 free bet |
25th qualifying bet | £10.00 free bet |
50th qualifying bet | £10.00 free bet |
The free bet rewards continue past the 50th qualifying bet, but at increments of 50 qualifying bets. We’re only interested the first 5 free bets which can be achieved by placing a total of just 25 qualifying bets. It’s probably a good idea to stick to the Match Odds markets.
I like to place my exchange lay bets with Smarkets as they have great liquidity, the site is really easy to use and they only charge 2% commission in comparison to the 5% charged by other betting exchanges.
We can calculate our lay stakes using my matched betting calculator.
We should therefore lose around £2.00 in qualifying for each of our five £10.00 free bets.
Free Bets:
Our £10.00 free bets will be credited once our respective qualifying bets have settled. Free bets must be used in play on tennis within 72 hours. Free bet stakes are not included in any returns.
By using straightforward matched betting, we should be able to extract at least 70% cash from our 5 x £10.00 free in play bets, so approximately £35.00. If we take into consideration our total qualifying loss of £10.00, we should make a guaranteed profit of £25.00 on this LeoVegas offer!
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £85,000 worth of profit, and made it my mission to make matched betting accessible to everyone.