Arsenal v Man City Offer – Sky Bet

It’s Arsenal v Man City in Sunday’s late kick-off and you don’t want to miss this Sky Bet ‘Bet £10, Get £5’ offer! Place £10.00 worth of bets on Arsenal v Man City and Sky Bet will give us a £5.00 free bet. Translated into matched betting terms, this gives us a guaranteed profit of £3.45 and here’s how…

Key Terms:

  • Qualifying bets must be placed between 09:00 on Saturday 11th August 2018 and 16:00 (kick-off) on Sunday 12th August 2018.
  • We must place £10.00 worth of bets, to be eligible.
  • Our qualifying bets must be placed at odds of 1.333 (1/3) or greater.

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.

Having looked at the odds available, we could place our qualifying bet on Man City in the Full Time Result market.

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

We can calculate our lay stakes 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 £9.65…

Sky Bet logo

Place £10.00 on Man City @ 1.833 = Potential profit of £8.33

Smarkets logo

Lay £9.65 on Man City @ 1.92 = Potential liability of £8.87

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

Man City win + £8.33 – £8.87 = £0.54 loss
Man City don’t win – £10.00 + £9.45 (£9.65 minus 2% commission) = £0.55 loss

So, regardless of the outcome, we’ll lose a maximum of £0.55 in qualifying for our £5.00 free bet.

Free Bet:

Our £5.00 free bet will be credited upon placement of our qualifying bet and will be valid for 7 days. Free bet stakes are not returned with any winnings.

By using straightforward matched betting, we should be able to extract 80% cash from the £5.00 free bet, so £4.00. If we take into account our maximum qualifying loss of £0.55, this gives us a guaranteed profit of £3.45 on this Sky Bet offer!

* Man City beat Arsenal 2-0, resulting in a profit of £3.46 on this Sky Bet 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.