Novibet – Wolves v Chelsea Offer

It’s Wolves v Chelsea in the Premier League on Sunday, and Novibet are getting in on the action! Place a £20.00+ pre-match Bet Builder on Wolves v Chelsea and Novibet will give us a £10.00 free bet. Translated into matched betting terms, this provides us with a profit of £4.37 and here’s how…

Key terms

  • Applies to pre-match Bet Builder bets (3+ selections) on Wolves v Chelsea (Kick-off: 14:00 on Sunday 19th December 2021).
  • Minimum stake of £20.00.
  • Minimum combined odds of 3.00 (2/1).

Qualifying bet

Please see my qualifying bets guide if you’d like more information about them and how they work.

We need to build a bet that we can lay at the betting exchanges.

At the time of writing, we can place our qualifying bet on Chelsea (Full Time Result) / Under 1.5 (Goals Over/Under) / No (Both teams to score) at back odds of 5.50. The lay odds are currently 6.60.

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.

  • 2% commission for all new signups
  • 0% commission for 60 days

We can calculate our lay stake using my Matched Betting Calculator

Select bet type

Back Bet (Bookie)

Advanced
%

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: £

As you can see, the calculator tells us that our lay stake should be £16.72…

Novibet logo

Place £20.00 on ‘Chelsea / Under 1.5 / No’ @ 5.50 = Potential profit of £90.00

Betfair logo

Lay £16.72 on ‘0-1’ (Chelsea) @ 6.60 = Potential liability of £93.63

Outcomes

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

OutcomeNovibetBetfairProfit/Loss
Chelsea win 1-0+ £90.00– £93.63£3.63 loss
Any other outcome– £20.00+ £16.38£3.62 loss

So, no matter the outcome, we’ll lose a maximum of £3.63 in qualifying for our £10.00 free bet.

Free bet

Our £10.00 free bet will be credited within 24 hours of our qualifying bet being settled and valid for 7 days. Free bet stakes are not included in any returns.

Using straightforward matched betting, we should convert our free bet into 80% cash, so £8.00. Considering our maximum qualifying loss of £3.63 gives us a profit of £4.37 on this Novibet offer!

* The match was drawn 0-0, resulting in £4.38 profit on this Novibet offer. *

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £60,000 worth of profit, and made it my mission to make matched betting accessible to everyone.