£3.05
Guaranteed Profit
£3.05
Actual Profit

Man City v Arsenal Offer – Sky Bet


Posted by Matt (administrator) Matt
Start Time: 17/06/2020 20:15

It’s Man City v Arsenal in Wednesday’s late kick-off and you don’t want to miss this Sky Bet free bet offer! Simply opt-in and place £10.00 worth of bets on Man City v Arsenal and Sky Bet will give us a £5.00 free bet. Translated into matched betting terms, this gives us a guaranteed profit of £3.05 and here’s how…

Key Terms:

  • We must opt in on the promotion page to be eligible.
  • Minimum total stake to qualify is £10.00.
  • Minimum odds of 1.50 (1/2) or greater.
  • Promotion will run between 09:00 on Tuesday 16th June 2020 and 20:15 (kick-off) on Wednesday 17th June 2020.
  • Available to first 100,000 qualifying customers.

Qualifying Bet:

If you’re unfamiliar with qualifying bets, please see 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 Yes in the Both Teams To Score market.

At the time of writing, laying our bet at 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 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 £9.24…

Sky Bet logo

Place £10.00 on ‘Both Teams To Score – Yes’ @ 1.571 = Potential profit of £5.71

Betfair logo

Lay £9.24 on ‘Both teams to Score – Yes’ @ 1.72 = Potential liability of £6.65

Outcomes:

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

OutcomeBookieExchangeProfit/Loss
Both teams score – Yes+£5.71-£6.65£0.94 loss
Both teams score – No-£10.00+£9.05£0.95 loss

So, regardless of the outcome, we’ll lose a maximum of £0.95 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.

By using straightforward matched betting, we should be able to extract 80% cash from our £5.00 free bet, so £4.00. If we take into account our maximum qualifying loss of £0.95, this gives us a guaranteed profit of £3.05 on this Sky Bet offer!

* Man City won the match 3-0, resulting in a profit of £3.05 on this Sky Bet offer. *

Comments


  1. Ross

    Guest user

    How do you lay against “both teams to score”, I have only used win, lose or draw on Betfair in the past?

    +0
    Reply
    1. Matt

      293

      You just need to find the ‘Both teams to Score?‘ market Ross and lay ‘Yes‘. The odds are currently 1.74 at the time of writing.

      +1
      Reply

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