It’s Liverpool v PSG on Tuesday night and you don’t want to miss this Sky Bet ‘Bet £10, Get £5’ offer! Place £10.00 worth of bets on Liverpool v PSG and Sky Bet will give us a £5.00 free bet. Translated into matched betting terms, this gives us a guaranteed profit of £3.55 and here’s how…
Key Terms:
- Qualifying bets must be placed between 12:00 on Sunday 16th September 2018 and 19:45 on Tuesday 18th September 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 Liverpool 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…
As you can see, the calculator tells us that our lay stake should be £9.75…
Place £10.00 on Liverpool @ 2.30 = Potential profit of £13.00
Lay £9.75 on Liverpool @ 2.38 = Potential liability of £13.45
Let’s have a look at our potential profit/loss for the possible outcomes…
Liverpool win | + £13.00 – £13.45 = £0.45 loss |
Liverpool don’t win | – £10.00 + £9.55 (£9.75 minus 2% commission) = £0.45 loss |
So, regardless of the outcome, we’ll lose £0.45 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 3 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 qualifying loss of £0.45, this gives us a guaranteed profit of £3.55 on this Sky Bet offer!
* Liverpool won the match 3-2, resulting in a profit of £3.55 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.