Pacquiao v Ugas Offer – Novibet

It’s Manny Pacquiao v Yordenis Ugas in the early hours of Sunday morning and you don’t want to miss this Novibet free bet offer! Simply place a £20.00+ pre-fight single bet on Pacquiao v Ugas and Novibet will give us a £5.00 free bet. Translated into matched betting terms, this gives us a guaranteed profit of £3.42 and here’s how…

Key terms

  • Applies to pre-fight single bets on Manny Pacquiao v Yordenis Ugas (starts at around 02:00 on Sunday 22nd August 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, Manny Pacquiao By Decision or Technical Decision is available in the Fight Outcome market at back odds of 2.20 (6/5). The lay odds are currently 2.24.

Either exchange works for this offer

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.

  • Money back as cash up to £20
  • 0% commission for 60 days

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 £19.82…

Novibet logo

Place £20.00 on ‘Manny Pacquiao By Decision or Technical Decision’ @ 2.20 = Potential profit of £24.00

Betfair logo

Lay £19.82 on ‘Pacquiao by Dec/Tech Dec’ @ 2.24 = Potential liability of £24.57

Outcomes

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

OutcomeNovibetBetfairProfit/Loss
Pacquiao wins by decision or technical decision+ £24.00– £24.57£0.57 loss
Any other outcome– £20.00+ £19.42£0.58 loss

So, no matter the outcome, we’ll lose a maximum of £0.58 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 £0.58 this gives us a guaranteed profit of £3.42 on this Novibet offer!

* Ugas won by unanimous decision, resulting in a profit of £3.42 on this Novibet offer. *

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £85,000 worth of profit, and made it my mission to make matched betting accessible to everyone.