888sport Offer – Ajax v Man Utd

Man Utd face Ajax in Stockholm tonight and 888sport are getting in on the action! Simply place a bet on Ajax v Man Utd and 888sport will apply a 50% boost to our winnings! Translated into matched betting terms, this gives us a guaranteed profit of £2.56 and here’s how…

Qualifying bet:

The maximum stake for this offer is £10.00.

To be eligible for this offer, we must deposit £20.00+ using the deposit code ‘888Europa’ between Tuesday 23rd May 2017 and Wednesday 24th May 2017. A profit boost token will then be credited to our account.

Our profit boost token gives us a 50% boost on our winnings. Only the fractional odds are boosted by 50%, so say we back a selection at 10/1 (11.00), our boosted odds would be 15/1 (16.00).

Having looked at the odds available, I’ve opted to place my qualifying bet on a draw (47/20) in the Match market…

47 / 20 = 2.35… 2.35 * 1.50 = 3.525… 3.525 + 1.00 = 4.525

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 stake by entering our boosted odds into the matched betting calculator…

Back Bet (Bookie)

%

Lay Bet (Betting Exchange)

%

Min £
Max £
Lay stake required: £
Bookie
Exchange
Cashback
Total
If back (bookie) bet wins
£
£
£
= £
If lay (exchange) bet wins
£
£
£
= £
Total profit: £

Optimal Underlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

Optimal Overlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

As you can see, the calculator tells us that our lay stake should be £12.82…

888sport logo

Place £10.00 on a draw @ 4.525 = Potential profit of £35.25

smarkets logo

Lay £12.82 on a draw @ 3.55 = Potential liability of £32.69

Let’s have a look at our profit/loss for the two potential outcomes…

Draw + £35.25 – £32.69 = £2.56 profit
Not a draw – £10.00 + £12.56 (£12.82 minus 2% commission) = £2.56 profit

So, regardless of the outcome, we’ll make a guaranteed profit of £2.56 on this 888sport offer!

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched 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.