It’s Chelsea v Liverpool in the Premier League on Sunday and you don’t want to miss this Sky Bet free bet offer! Simply opt-in and bet on any Chelsea v Liverpool market and Sky Bet will give us a £5.00 free bet. Translated into matched betting terms, this gives us a guaranteed profit of £3.59 and here’s how…
Key Terms:
- We must opt in on the promotion page to be eligible.
- Minimum bet to qualify is 5p.
- Promotion will run from 20:00 on Saturday 19th September 2020 until full-time (around 18:15) on Sunday 20th September 2020.
- Available to first 300,000 qualifying customers.
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. Having looked at the odds available, we could place our qualifying bet on Liverpool in the Full Time Result market.
The minimum bet is just 5p for this offer, but it may be worth staking a solid £5.00 to appear a little more muggy.
At the time of writing, laying our bet at Smarkets gives us the smallest qualifying loss.
If you’re not yet signed up, Smarkets are currently offering a £10.00 welcome bonus for new customers.
We can calculate our lay stakes using my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £4.69…
Place £5.00 on Liverpool @ 2.10 = Potential profit of £5.50
Lay £4.69 on Liverpool @ 2.26 = Potential liability of £5.90
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Bookie | Exchange | Profit/Loss |
|---|---|---|---|
| Liverpool win | +£5.50 | -£5.90 | £0.40 loss |
| Liverpool don’t win | -£5.00 | +£4.59 | £0.41 loss |
So, regardless of the outcome, we’ll lose a maximum of £0.41 in qualifying for our £5.00 free bet.
Free Bet:
Our £5.00 free bet will be credited upon placement of our qualifying bet(s) and will be valid on any market. Free bets do not have an expiry date and 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 £0.41, this gives us a guaranteed profit of £3.59 on this Sky Bet offer!
* Liverpool won the match 2-0, resulting in a profit of £3.60 on this Sky Bet offer. *
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Matt Kirman – Matched 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.