It’s Newcastle v Liverpool in the Premier League on Wednesday night and you don’t want to miss this Sky Bet free bet offer! Simply opt in and bet on any Newcastle 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 £3.71 and here’s how…
Key terms
- We must opt in on the promotion page to be eligible.
- Minimum stake of 5p.
- Promotion will run from 20:00 on Tuesday 29th December 2020 until full-time of Newcastle v Liverpool (around 21:45) on Wednesday 30th December 2020.
- Available to the 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.
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.
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.
Either exchange works for this offer
Betfair and Smarkets are both great options for this offer. If you’ve not used one of them, now is a great time to give them a try.
- Money back as cash up to £20
- 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 £4.81…
Place £5.00 on Liverpool @ 1.25 = Potential profit of £1.25
Lay £4.81 on Liverpool @ 1.32 = Potential liability of £1.53
Outcomes
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Sky Bet | Betfair | Profit/Loss |
|---|---|---|---|
| Liverpool win | + £1.25 | – £1.53 | £0.28 loss |
| Liverpool lose or draw | – £5.00 | + £4.71 | £0.29 loss |
So, regardless of whether Liverpool win, lose or draw, we’ll lose a maximum of £0.29 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 £0.29, this gives us a guaranteed profit of £3.71 on this Sky Bet offer!
* The match was drawn 0-0, resulting in a profit of £3.71 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.