It’s Man City v Liverpool in the Premier League on Thursday night and you don’t want to miss this Sky Bet ‘Bet £10, Get £5’ offer! Place £10.00 worth of bets on Man City v Liverpool and Sky Bet will give us a £5.00 free bet. Translated into matched betting terms, this gives us a guaranteed profit of £3.47 and here’s how…
Key Terms:
- Qualifying bets must be placed between 11:00 on Wednesday 2nd January 2019 and 20:00 (kick-off) on Thursday 3rd January 2019.
- We must place £10.00 worth of bets on Man City v Liverpool, 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 Man City 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 £9.67…
Place £10.00 on Man City @ 2.05 = Potential profit of £10.50
Lay £9.67 on Man City @ 2.14 = Potential liability of £11.02
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Bookie | Exchange | Profit/Loss |
|---|---|---|---|
| Man City win | +£10.50 | -£11.02 | £0.52 loss |
| Man City don’t win | -£10.00 | +£9.47 | £0.53 loss |
So, regardless of the outcome, we’ll lose a maximum of £0.53 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 365 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 maximum qualifying loss of £0.53, this gives us a guaranteed profit of £3.47 on this Sky Bet offer!
* Man City won the match 2-1, resulting in a profit of £3.48 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.