Novibet – Alvarez v Plant Offer

It’s Saul Alvarez v Caleb Plant in the early hours of Sunday morning and Novibet are getting in on the action! Place a £20.00+ pre-fight single bet on Alvarez v Plant and Novibet will give us a £5.00 free bet. Translated into matched betting terms, this gives us a guaranteed profit of £3.66 and here’s how…

Key terms

  • Applies to pre-fight single bets on Saul Alvarez v Caleb Plant (starts at around 05:00 on Sunday 7th November 2021).
  • Minimum stake of £20.00.
  • Minimum odds of 1.70 (7/10).

Qualifying bet

If you’d like more information about qualifying bets and how they work, please see my qualifying bets guide.

It’s entirely up to you what you place your qualifying bet on.

At the time of writing, Saul Alvarez Round 7-12 is available in the Grouped Round Betting (4) market at back odds of 2.75 (7/4). The lay odds are currently 2.76.

Either exchange works for this offer

We can calculate our lay stake using my Matched Betting Calculator

Select bet type

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 £20.07…

Novibet logo

Place £20.00 on ‘Saul Alvarez Round 7-12’ @ 2.75 = Potential profit of £35.00

Betfair logo

Lay £20.07 on ‘Alvarez Round 7-12’ @ 2.76 = Potential liability of £35.32

Outcomes

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

OutcomeNovibetBetfairProfit/Loss
Alvarez wins in Round 7-12+ £35.00– £35.32£0.32 loss
Any other outcome– £20.00+ £19.66£0.34 loss

So, no matter the outcome, we’ll lose a maximum of £0.34 in qualifying for our £5.00 free bet.

Free bet

Our £5.00 free bet will be credited within 72 hours of our qualifying bet being settled and will be valid for 7 days. Free bet stakes are not included in any returns.

Using straightforward matched betting, we should be able to convert our free bet into 80% cash, so £4.00. If we take into account our maximum qualifying loss of £0.34 this gives us a guaranteed profit of £3.66 on this Novibet offer!

* Alvarez won the fight with an 11th Round knockout, resulting in a profit of £3.68 on this Novibet offer. *

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £60,000 worth of profit, and made it my mission to make matched betting accessible to everyone.