Sky Bet Offer – Roma v Real Madrid

Grab a £5.00 free bet on Roma v Real Madrid with Sky Bet! Opt in and place a single bet of at least £10.00 on any pre-match market for Roma v Real Madrid and Sky Bet will give us a £5.00 free bet. Translated into matched betting terms, this gives us a guaranteed profit of £3.61 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 the match being 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…

Back Bet (Bookie)

%

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: £

Optimal Underlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

Optimal Overlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

As you can see, the calculator tells us that our lay stake should be £9.80…

skybet

Place £10.00 on a draw @ 4.00 = Potential profit of £30.00

smarkets white

Lay £9.80 on a draw @ 4.10 = Potential liability of £30.39

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

Draw + £30.00 – £30.39 = £0.39 loss
Not a draw – £10.00 + £9.61 = £0.39 loss

So regardless of the result of match, we will lose £0.39 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 or tomorrow. If not used, our free bet will expire at 23:59 on Thursday 18th 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 £0.39, this gives us a guaranteed profit of £3.61 on this Sky Bet offer!

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched 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.