£7.55
Guaranteed Profit
£7.55
Actual Profit

Barcelona v Atletico Madrid Offer – Novibet


Posted by Matt (administrator) Matt
Start Time: 30/06/2020 21:00

It’s Barcelona v Atletico Madrid in La Liga on Tuesday night and you don’t want to miss this Novibet free bet offer! Simply place a £30.00+ single bet on Barcelona v Atletico Madrid and Novibet will give us a £10.00 free bet. Translated into matched betting terms, this gives us a guaranteed profit of £7.55 and here’s how…

Banner showing the Novibet free bet offer for Barcelona v Atletico Madrid
Banner showing the Novibet free bet offer for Barcelona v Atletico Madrid

Key Terms:

  • Applies to single pre-match or in play bets on any Barcelona v Atletico Madrid market.
  • Minimum stake of £30.00.
  • Minimum odds of 1.70 (7/10).

Qualifying Bet:

If you’re unsure about how to place qualifying bets, check out my Qualifying Bet Strategy page for a walk-through guide on how they should be done.

It’s entirely up to you what you place your qualifying bet on. Having looked at the odds available, we could place our qualifying bet on Barcelona in the Match Result market.

At the time of writing, laying our bet with Betfair gives us the smallest qualifying loss.

Betfair are currently offering new customers 0% commission up to £500 for the first 30 days.

Banner showing the zero commission sign up offer from Betfair

Banner showing the zero commission sign up offer from Betfair

If you’re an existing Betfair customer, you can opt in to pay just 2% commission by selecting their Basic reward plan.

For more information about My Betfair Rewards and how to opt in, please see my Betfair 2% Commission page.

We can calculate our lay stake 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 £30.16…

Novibet logo

Place £30.00 on Barcelona @ 1.88 = Potential profit of £26.40

Betfair logo

Lay £30.16 on Barcelona @ 1.89 = Potential liability of £26.84

Outcomes:

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

OutcomeBookieExchangeProfit/Loss
Barcelona win+£26.40-£26.84£0.44 loss
Barcelona don't win-£30.00+£29.55£0.45 loss

So, regardless of the outcome, we’ll lose a maximum of £0.45 in qualifying for our £10.00 free bet.

Free Bet:

Our £10.00 free bet will be credited within 24 hours of our qualifying bet being settled and will be valid for 7 days. Free bet stakes are not included in any returns.

By using straightforward matched betting, we should be able to extract 80% cash from our £10.00 free bet, so £8.00. If we take into account our maximum qualifying loss of £0.45, this gives us a guaranteed profit of £7.55 on this Novibet offer!

* The match was drawn 2-2, resulting in a profit of £7.55 on this Novibet offer. *

Comments


  1. Simon G

    Guest user

    Invite only ? I can’t see this one

    +0
    Reply
  2. mbbinkman

    1

    has this been pulled?? cannot see the offer under promotions when logged in.

    +0
    Reply
    1. Matt

      294

      It’s not listed on their promotions page actually guys… You should see amongst the rotating banners at the top of their homepage.

      +1
      Reply
      1. Simon Gurney

        Guest user

        Ah yes. There it is.

        +0
        Reply
  3. wizzfizz

    Guest user

    Can’t find this promo on their website

    +0
    Reply
  4. Paul

    Guest user

    Only joined novibet today so not risking any interference between this and the welcome offer. I was thinking maybe I wasn’t seeing this because I opted into the welcome offer.

    The welcome offer is OK. I am punting £25 on a 7/1 acca knowing that I will get a £25 free bet and can extract £20.

    +0
    Reply
      1. Paul

        Guest user

        They stipulate that all legs of the acca have to be 1.7 or above. All the accas at smarkets didn’t fit the bill, or I would have tried to just match it.

        +0
        Reply
  5. Andrei

    Guest user

    Suggest reading the T&C’s regarding the super odds exclusion.

    +0
    Reply
    1. cofo

      Guest user

      I think you just can’t use your free bet with super odds, qb is fine, I think.

      +0
      Reply
  6. TCHHEOE

    Guest user

    I also can’t see it on the rotating banners at the top of the homepage.

    +0
    Reply
  7. wizzfizz

    Guest user

    The free bet cannot be placed on system bets and markets offered with a Super Odds payout odds key.

    +0
    Reply
  8. Bob

    Guest user

    I’ve just signed up. I doubt they do enough offers for me to care about being gubbed by these. Especially when the likes of Boylesports and Betway gub after one bet. I’ve done the sign up and this, take them while you can.

    +0
    Reply
  9. Kenny rogers 777

    Guest user

    Restricting my stakes on all 3 outcomes. I have not had a message to say I’m gubbed. Live chat said they can’t control markets.

    +0
    Reply
  10. Deej

    7

    Matt – just briefly and I am sure you are fully aware – Novibet are not a very customer friendly bunch. There have been a number of issues with them releasing funds and citing ‘bonus abuse’ which is very hard to prove or disprove. I don’t know if these are a bookie to advocate anymore and already by some of the above comments it seems people are already hitting issues. In certain case they have closed accounts and refused winnings, with initial deposits being hard work to get back.

    +0
    Reply

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