TonyBet Offer – EU Referendum

It’s the EU Referendum on Thursday and you don’t want to miss this TonyBet offer! Simply place a £20.00 bet on the UK to leave the EU, and if the UK remains in the EU, TonyBet will refund our stake as a bonus! Translated into matched betting terms, this gives us a guaranteed profit of £13.30 and here’s how…

Qualifying Bet:

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.

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 selecting the ‘Risk-Free Bet’ setting on my matched betting calculator. We can enter £19.00 as our ‘Cashback’ amount, as this is the amount we can expect to extract from our £20.00 bonus if our qualifying bet loses…

As you can see, the calculator tells us that our lay stake should be £14.59…

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

So, regardless of the result of the EU Referendum, we will make a guaranteed profit of £13.30 on this TonyBet offer!

If our qualifying bet loses, our bonus refund will be credited within 24 hours of the results being announced and will be valid for 5 days.

Bonuses just need rolling over once at minimum odds of 1.85 or greater before we are able to withdraw. The above calculations are therefore based on the assumption that, by using straightforward matched betting, we should be able to extract 95% cash from our £20.00 stake refund.