£3.59
Guaranteed Profit
£3.60
Actual Profit

Chelsea v Liverpool Offer – Sky Bet


Posted by Matt (administrator) Matt
Start Time: 20/09/2020 16:30

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.

Banner showing the £10 welcome bonus offer from Smarkets

Banner showing the £10 welcome bonus offer from Smarkets

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 £4.69…

Sky Bet logo

Place £5.00 on Liverpool @ 2.10 = Potential profit of £5.50

Smarkets logo

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. *

Comments


  1. Archie

    Guest user

    If you just put a bet on say Liverpool to win and instantly cash out, you get the free bet with no losses.

    +0
    Reply
    1. Matt

      337

      I’d be careful using that approach Archie as it’s likely to draw attention to your account.

      +0
      Reply
      1. Archie

        Guest user

        I understand what you’re saying but it doesn’t say no cash out in the t&cs so you’re still following the rules

        +0
        Reply
        1. Matt

          337

          Absolutely Archie, I wasn’t implying you were breaching their terms. It’s just that cashing out may act as a red flag and prompt Sky Bet to keep a closer eye on your account. My view is that it’s best to lay it off, let the bets run and fly under the radar.

          +0

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