Grab a £5.00 free bet on the Capital One Cup Final 2016 with Sky Bet! Opt in and place a single bet of at least £10.00 on any pre-match market for Liverpool v Manchester City and Sky Bet will give us a £5.00 free bet. Translated into matched betting terms, this gives us a guaranteed profit of £3.43 and here’s how…
Qualifying Bet:
We must opt-in to this offer to be eligible.
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how it should be done.
Qualifying bets must be placed pre-match at minimum odds of 2.00 (Evens) or above to be eligible for the free bet. Having looked at the odds available, I’ve opted to place my qualifying bet on a draw.
I like to place my exchange lay bets with Smarkets as they have great liquidity, the site is really easy to use and they only charge 2% commission in comparison to the 5% charged by other betting exchanges.
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 £9.62…
Place £10.00 on a draw @ 3.30 = Potential profit of £23.00
Lay £9.62 on a draw @ 3.45 = Potential liability of £23.57
Let’s have a look at our potential profit/loss for the possible outcomes…
| Draw | + £23.00 – £23.57 = £0.57 loss |
| Not a draw | – £10.00 + £9.43 = £0.57 loss |
So regardless of the result of match, we will lose £0.57 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 can be used on any football market today. If not used, the free bet will expire at 23:59 tonight (Sunday 28th February 2016).
By using straightforward matched betting, we should be able to extract 80% of our £5.00 free bet as cash, so around £4.00. If we take into account our qualifying loss of £0.57, this gives us a guaranteed profit of £3.43 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.