Another fantastic Sky Bet free bet offer. If Manchester United beat Liverpool, Sky Bet will refund all losing First/Last Goalscorer, Correct Score and Scorecast singles on that match as a free bet up to a maximum of £25.00. Translated into matched betting terms, this gives us a potential risk-free profit of £9.52 and here’s how…
Qualifying Bet:
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walkthrough guide on how to place your qualifying bets.
We need to select a scoreline that isn’t a Manchester United win. This ensures that if United win, we will automatically be eligible for a free bet refund as our qualifying bet will have lost. Having looked at the odds available, I’ve opted for a 1-1 draw.
Place £25.00 on 1-1 draw @ 7.00 = Potential profit of £150.00
Lay £20.47 on 1-1 draw @ 8.6 = Potential liability of £155.57
Let’s have a look at our current potential profit/loss for the following outcomes…
| 1-1 draw | +£150.00 – £155.57 = £5.57 loss |
| Not 1-1 draw and Man Utd win | -£25.00 + £19.44 + £20.00 (extract 80% from our £25.00 free bet) = £14.44 profit |
| Not 1-1 draw and Man Utd don’t win | -£25.00 + £19.44 = £5.56 loss |
So as things stand we will make £14.44 profit if Manchester United win. Unfortunately, we also stand to lose a maximum of £5.57 on any other result and so we need to insure ourselves against this by laying a Manchester United win at Betfair. We need to divide £5.57 by 0.95 in order to factor in the 5% commission. This gives us a lay stake of £5.86.
Lay £5.86 on Man Utd @ 1.84 = Potential liability of £4.92
Let’s have a look at our resulting potential profit/loss for the following outcomes…
| 1-1 draw | -£5.57 + £5.57 = £0.00 |
| Not 1-1 draw and Man Utd win | £14.44 – £4.92 = £9.52 profit |
| Not 1-1 draw and Man Utd don’t win | -£5.56 + £5.57 = £0.01 profit |
So if Manchester United beat Liverpool, we will make a nice profit of £9.52! If United don’t win, we will break even and there’s no harm done. If you’re not sure how to extract 80% of the £25.00 free bet refund, please see my Free Bet Strategy page for a walkthrough guide on how it should be done.
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £100,000 worth of profit, and made it my mission to make matched betting accessible to everyone.