It’s Man City v Arsenal in the Premier League on Wednesday night, and you don’t want to miss this Grosvenor free bet offer! Place a £5.00+ pre-match bet on Man City v Arsenal, and get a matched free bet up to £20.00. Translated into matched betting terms, this gives you a profit of £15.38, and here’s how…
Key terms
- Available to selected customers who can see the offer at the top of the homepage or on the ‘Promotions’ page.
- Applies to your first cash bet on Man City v Arsenal only.
- Applies to bets placed between 09:00 on Tuesday 25th April 2023, and kick-off (20:00) on Wednesday 26th April 2023.
- Minimum stake of £5.00.
- Minimum odds of 1.50 (1/2).
- You’ll receive a matched free bet up to a maximum of £20.00.
- The free bet will be valid for 4 days.
- The free bet stake will not be returned with any winnings.
Qualifying bet
Please see my ‘Qualifying Bets Guide‘ if you’d like more information about them and how they work.
It’s entirely up to you what you place your qualifying bet on.
At the time of writing, ‘Manchester City‘ are available in the ‘Full Time‘ market at back odds of 1.55 (11/20). The lay odds are 1.60.
Betfair and Smarkets are both great options for this offer. If you’ve not used one of them, now is a great time to give them a try.
- 2% commission for all new signups
- 0% commission for 60 days
You can calculate your lay stake using my Matched Betting Calculator.
As you can see, the calculator tells you that your lay stake should be £19.38.
Place £20.00 on ‘Manchester City’ (Full Time) @ 1.55 = Potential profit of £11.00
Lay £19.38 on ‘Man City’ (Full time result) @ 1.60 = Potential liability of £11.62
Outcomes
Let’s look at your profit/loss for the possible outcomes.
| Outcome | Grosvenor | Smarkets | Profit/Loss |
|---|---|---|---|
| Man City win | + £11.00 | – £11.62 | £0.62 loss |
| Man City lose or draw | – £20.00 | + £19.38 | £0.62 loss |
So, no matter the outcome, you’ll lose £0.62 in qualifying for your £20.00 free bet.
Free bet
Your £20.00 free bet will be credited upon settlement of your qualifying bet. The free bet will be valid for 4 days, and the free bet stake will not be returned with any winnings.
Using straightforward matched betting, you should convert your free bet into 80% cash, so £16.00. Considering your qualifying loss of £0.62 gives you a profit of £15.38 on this Grosvenor offer!
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