There’s plenty of Premier League action to look forward to this weekend and you don’t want to miss this 888sport offer! Simply place a bet on any Premier League match and 888sport will apply a 50% boost to our winnings! Translated into matched betting terms, this gives us a minimum guaranteed profit of £3.64 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 ‘888PLBoost’ between Friday 14th April 2017 and Monday 17th April 2017. A profit boost token will then be credited to our account.
Our profit boost token gives us 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 (6/1) in Tottenham v Bournemouth (Match Odds market)…
6 / 1 = 6.00… 6.00 * 1.50 = 9.00… 9.00 + 1.00 = 10.00
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…
As you can see, the calculator tells us that our lay stake should be £13.93…
Place £10.00 on a draw @ 10.00 = Potential profit of £90.00
Lay £13.93 on a draw @ 7.20 = Potential liability of £86.36
Let’s have a look at our profit/loss for the two potential outcomes…
| Draw | + £90.00 – £86.36 = £3.64 profit |
| Not a draw | – £10.00 + £13.65 (£13.93 minus 2% commission) = £3.65 profit |
So, regardless of the outcome, we’ll make a minimum guaranteed profit of £3.64 on this 888sport 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.