It’s Newcastle v Arsenal in the Premier League on Sunday, and you don’t want to miss this 888sport offer! Place a £1.00+ ‘Bet Builder’ on Newcastle v Arsenal, and if your bet loses, 888sport will refund your stake as a free bet up to £10.00. Translated into matched betting terms, this gives you a profit of £4.66 and here’s how…
Key terms
- The promotional period for this offer is Sunday 7th May 2023.
- Applies to ‘Bet Builder‘ bets on Newcastle v Arsenal (16:30 on Sunday 7th May 2023).
- Applies to both pre-match and in-play bets.
- Applies to your first bet only.
- Minimum stake of £1.00.
- Minimum odds of 3.00 (2/1).
- If your bet loses, your stake will be refunded as a free bet up to £10.00 within 72 hours of settlement.
- The free bet will be valid for 7 days.
- The free bet stake will not be returned with any winnings.
Qualifying bet
If your bet loses, your stake will be refunded as a free bet, so you can treat this as a ‘Money Back if Bet Loses‘ offer.
You’ll need to build a bet you can lay at a betting exchange in one bet. Please see my ‘Bet Builders‘ guide for more information about them and possible selections.
At the time of writing, ‘Arsenal win (Result) / Under 3.5 (Total goals)‘ is available to back at odds of 4.00 (3/1).
You can lay ‘Arsenal / under 3.5 goals‘ at Smarkets in their ‘Winner and over – 3.5‘ market at odds of 4.80.
If your qualifying bet is placed at odds of 5.00 (4/1) or greater and wins, 888sport will give you a £5.00 free bet, courtesy of their daily ‘4/1 Winner Offer’.
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.
- 2% commission for all new signups
- 0% commission for 60 days
You can work out your lay stake using the ‘Money Back if Bet Loses‘ setting on my Matched Betting Calculator. You can enter ‘£8.00‘ as your ‘Cashback’ figure as this is the amount you can expect to convert your £10.00 free bet into, should your bet lose.
As you can see, the calculator tells you that your lay stake should be £6.67.
Place £10.00 on ‘Arsenal win / Under 3.5’ @ 4.00 = Potential profit of £30.00
Lay £6.67 on ‘Arsenal / under 3.5 goals’ @ 4.80 = Potential liability of £25.34
Outcomes
Let’s look at your profit/loss for the possible outcomes.
| Outcome | 888sport | Smarkets | Free Bet | Profit/Loss |
|---|---|---|---|---|
| Arsenal win 1-0, 2-0 or 2-1 | + £30.00 | – £25.34 | £4.66 profit | |
| Any other outcome | – £10.00 | + £6.67 | + £8.00 | £4.67 profit |
So, no matter the outcome, you’ll make a minimum profit of £4.66 on this 888sport offer!
If your qualifying bet loses, your free bet will be credited within 72 hours of settlement. Your free bet will be valid for 7 days, and the free bet stake will not be returned with any winnings.
If you’re unsure how to convert a free bet into 80% cash, please see my ‘Free Bets Guide‘ for a walkthrough.
* Arsenal won the match 2-0, resulting in a £4.66 profit on this 888sport offer. *
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £70,000 worth of profit, and made it my mission to make matched betting accessible to everyone.