We can’t get enough of these Sky Bet free bet offers! Simply place a £25.00 bet on Swansea v Arsenal and if Arsenal don’t win, Sky Bet will refund all losing first goalscorer, last goalscorer, correct score and scorecast singles as a free bet up to £25.00! Translated into matched betting terms, this gives us a potential risk-free profit of £8.84 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.
Whenever I do these Sky Bet free bet offers, I always stick to the correct score market. I find the liquidity at the betting exchange is far better than goalscorer markets and I just feel more comfortable here. We need to select a scoreline that sees Arsenal win the match. This ensures that if Arsenal don’t win, we will automatically qualify for a free bet refund as our qualifying bet will have lost. It’s entirely up to you which score you go for. Having looked at the odds available, I’ve opted for 1-0 Arsenal.
Place £25.00 on 1-0 Arsenal @ 8.00 = Potential profit of £175.00
Lay £20.10 on 1-0 Arsenal @ 10.00 = Potential liability of £180.90
Let’s have a look at our potential profit/loss for the three outcomes…
| 1-0 Arsenal | +£175.00 – £180.90 = £5.90 loss |
| Not 1-0 Arsenal and Arsenal don’t win | -£25.00 + £19.10 + £20.00 (extract 80% from our £25.00 free bet) = £14.10 profit |
| Not 1-0 Arsenal and Arsenal win | -£25.00 + £19.10 = £5.90 loss |
If you’re unsure how to extract 80% of our £25.00 free bet, check out my Free Bet Strategy page for a walkthrough guide on how it should be done.
So as things stand we will make £14.10 profit if Arsenal don’t win. Unfortunately, we also stand to lose £5.90 if Arsenal do win and so we need to insure ourselves against this by backing Arsenal at the betting exchange.
Place £5.26 on Arsenal to win @ 2.18 = Potential profit of £5.90 (£6.21 minus 5% commission)
Let’s have a look at our overall profit/loss for the possible outcomes…
| 1-0 Arsenal | -£5.90 + £5.90 = £0.00 |
| Not 1-0 Arsenal and Arsenal don’t win | £14.10 – £5.26 = £8.84 profit |
| Not 1-0 Arsenal and Arsenal win | -£5.90 + £5.90 = £0.00 |
So if Arsenal win, we will break even and there’s no harm done. However, if Arsenal fail to win, we will make a risk-free profit of £8.84!
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £90,000 worth of profit, and made it my mission to make matched betting accessible to everyone.