LV BET – Emilia Romagna Grand Prix 2022 Offer

Virgin Bet - Champions League Offer

The Emilia Romagna Grand Prix 2022 takes place on Sunday, and LV BET are getting in on the action! Deposit and place a £10.00+ bet on the big race and get a £10.00 sports bonus if your bet loses. Translated into matched betting terms, this gives you a profit of £6.20 and here’s how…

Key terms

Applies to single and combi bets placed on the Emilia Romagna Grand Prix 2022.The promotion is valid from 23:00 on Thursday 21st April 2022 until 22:59 on Sunday 24th April 2022.Minimum deposit of £10.00.Minimum stake of £10.00.Minimum total odds of 1.50 (1/2).You’ll receive a £10.00 sports bonus if your bet loses.If eligible, your £10.00 bonus will be credited by 16:00 on Monday 25th April 2022.The bonus must be wagered 3 times on bets with 2+ selections.Minimum odds of 1.25 (1/4) for each individual selection.Minimum combined odds of 2.00 (evens).

Qualifying bet

If your qualifying bet loses, LV BET will give you a £10.00 bonus, so you can treat this as a Money Back if Bet Loses offer.

At the time of writing, ‘Sergio Perez‘ is available in the ‘Winner‘ market at back odds of 15.00 (14/1). The lay odds are currently 16.00.

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 work out your lay stake by using the ‘Money Back if Bet Loses’ setting on my Matched Betting Calculator. You can enter £7.50 as your ‘Cashback’ figure as this is the amount you can expect to convert your £10.00 bonus into, should your bet lose…

As you can see, the calculator tells you that your lay stake should be £8.92…

LV BET logo

Place £10.00 on Sergio Perez @ 15.00 = Potential profit of £140.00

Betfair logo

Lay £8.92 on Sergio Perez @ 16.00 = Potential liability of £133.80

Outcomes

Let’s look at your potential profit/loss for the possible outcomes…

OutcomeLV BETBetfairBonusProfit/LossPerez wins+ £140.00– £133.80£6.20 profitAnother driver wins– £10.00+ £8.74+ £7.50£6.24 profit

So, no matter the outcome, you’ll make a minimum profit of £6.20 on this LV BET offer!

If eligible, your £10.00 bonus will be credited by 16:00 on Monday 25th April 2022. Bonuses must be wagered 3 times within 7 days of activation on bets with 2+ selections. Each individual selection must have minimum odds of 1.25 (1/4), and the minimum combined odds must be 2.00 (evens). Please see my laying multiples guide for a walkthrough of how to lay multiples.

If you’re unsure how to convert your £10.00 bonus into £7.50 cash (75%), please see my bonus rollover guide for a walkthrough.

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Author: Tamara Kim