It’s Bournemouth v Newcastle in the Premier League on Saturday and you don’t want to miss this Money Back Special from MansionBet! Simply bet £20.00+ pre-match on Bournemouth to beat Newcastle and get a £10.00 free bet if they fail to win. Translated into matched betting terms, this gives us a guaranteed profit of £3.14 and here’s how…
Key Terms:
- We must opt in on the promotion page to be eligible.
- We must bet £20.00+ pre-match on Bournemouth in the 1X2 Full Time market.
- If our bet loses, MansionBet will refund us with a £10.00 free bet.
- We must ‘Accept’ the promotion pop up after our qualifying bet has settled.
Qualifying Bet:
Losing stakes are refunded as a free bet, so this is effectively a risk-free bet offer.
At the time of writing, laying our bet at Smarkets gives us the biggest guaranteed profit.
We can work out our lay stake by using the ‘Risk-Free Bet’ setting on my matched betting calculator. We can enter £8.00 as our ‘Cashback’ figure as this is the amount we can expect to extract (80%) from our £10.00 free bet, should our bet lose…
As you can see, the calculator tells us that our lay stake should be £15.45…
Place £20.00 on Bournemouth @ 2.10 = Potential profit of £22.00
Lay £15.45 on Bournemouth @ 2.22 = Potential liability of £18.84
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
Outcome | Bookie | Exchange | Extracted | Profit/Loss |
---|---|---|---|---|
Bournemouth win | +£22.00 | -£18.84 | £3.16 profit | |
Bournemouth don’t win | -£20.00 | +£15.14 | +£8.00 | £3.14 profit |
So, regardless of the outcome, we’ll make a guaranteed profit of £3.14 on this MansionBet offer!
If Bournemouth don’t win, we’ll need to ‘Accept’ the promotion pop up after our qualifying bet has settled in order to claim our free bet. Free bets will be valid for 7 days and free bet stakes will not be returned with any winnings.
If you’re unsure how to extract around £8.00 cash (80%) from the £10.00 free bet, check out my Free Bet Strategy page for a walk-through guide on how it should be done.
* The match was drawn 2-2, resulting in a profit of £3.14 on this MansionBet 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.