It’s Man City v Tottenham in the EFL Cup Final on Sunday and you don’t want to miss this Sky Bet free bet offer! Simply opt in and bet on any Man City v Tottenham market and Sky Bet will match our stake as a free bet up to a maximum of £5.00. Translated into matched betting terms, this gives us a guaranteed profit of £3.87 and here’s how…
Key terms
- We must opt in on the promotion page to be eligible.
- Applies to pre-match and in play bets on Man City v Tottenham.
- Promotion will run from 19:00 on Thursday 22nd April 2021 until full-time (around 18:15) on Sunday 25th April 2021.
- Minimum stake of 5p.
- Minimum odds of 1.333 (1/3).
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.
At the time of writing, Man City are available in the Full Time Result market at back odds of 1.533 (8/15). The lay odds are currently 1.56.
Smarkets works best for this offer
For this offer, Smarkets are the best option due to Sky Bet being part of the same group as Betfair.
Laying your bet at Betfair would probably be fine, but if you don’t want to risk it, Smarkets is your safest bet.
- 0% commission for 60 days
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 £4.97…
Place £5.00 on Man City @ 1.533 = Potential profit of £2.66
Lay £4.97 on Man City @ 1.56 = Potential liability of £2.78
Outcomes
Let’s have a look at our potential profit/loss for the possible outcomes…
So, no matter the outcome, we’ll lose a maximum of £0.13 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 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 £0.13, this gives us a guaranteed profit of £3.87 on this Sky Bet offer!
* Man City won the match 1-0, resulting in a profit of £3.88 on this Sky Bet offer. *
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Jack
Guest userBit of an odd one – given they give out the Free Bet on placement – they did for me at least.
Why can I not simply cash out my initial bet as opposed to laying it, zero QL that way?
I’ve took the QL loss either way, but curious what your input is here.
Matt
1490I would advise against cashing out Jack as it would be pretty blatant that you have only placed a bet to qualify for the free bet.
James
Guest userI haven’t got my free bet yet, is anyone else still waiting?