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Epsom Derby Festival 2019 Offer – MoPlay

The Epsom Derby Festival 2019 gets underway on Friday and you don’t want to miss this MoPlay ‘Bet £20, Get £10’ offer! Simply bet £20.00+ via mobile on Friday’s races and MoPlay will give us a £10.00 free bet to use on Saturday. Translated into matched betting terms, this gives us a guaranteed profit of £6.45 and here’s how…

Banner showing the Epsom Derby Festival 2019 offer from MoPlay

Key Terms:

  • We must bet £20.00 or more on racing at Epsom on Friday 31st May 2019, from a mobile device.
  • At the time of writing, there doesn’t appear to be a minimum odds requirement for our qualifying bet.
  • Free bets will be credited within a couple of hours of our qualifying bet being settled.

Qualifying Bet:

If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how it should be done.

It’s entirely up to you what you place your qualifying bet on. Having looked at the odds available, we could place our qualifying bet on Urban Icon in the 17:15 at Epsom.

At the time of writing, laying our bet at Smarkets gives us the smallest qualifying loss.

left alt
Sign Up to MoPlay
right alt
Sign Up to Smarkets

We can calculate our lay stake using my 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 £18.83…

MoPlay logo

Place £20.00 on Urban Icon @ 4.50 = Potential profit of £70.00

Smarkets logo

Lay £18.83 on Urban Icon @ 4.80 = Potential liability of £71.55

Outcomes:

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

Outcome Bookie Exchange Profit/Loss
Urban Icon wins +£70.00 -£71.55 £1.55 loss
Urban Icon doesn't win -£20.00 +£18.45 £1.55 loss

So, regardless of the outcome, we’ll lose £1.55 in qualifying for our £10.00 free bet.

Free Bet:

Our £10.00 free bet will be credited within a couple of hours of our qualifying bet being settled and will be valid on any race at Epsom on Saturday 1st June 2019. Free bet stakes will not be included in any returns.

By using straightforward matched betting, we should be able to extract 80% cash from our £10.00 free bet, so £8.00. If we take into account our qualifying loss of £1.55, this gives us a guaranteed profit of £6.45 on this MoPlay offer!

Claim this offer
Click here to take advantage of this MoPlay offer

The post Epsom Derby Festival 2019 Offer – MoPlay appeared first on Matched Betting Blog.

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