Another fantastic SkyBet free bet offer. Simply place a minimum bet of £5.00 on Chelsea v Arsenal and if both teams score, SkyBet will refund all losing first goalscorer, last goalscorer, correct score and scorecast singles as a free bet up to £25.00 within 24 hours of the match finishing. Translated into matched betting terms, this gives us a potential profit of £9.60 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 sees at least one of the teams keep a clean sheet. This ensures that if both teams score, 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 2-0 Chelsea win.
Place £25.00 on 2-0 Chelsea @ 8.50 = Potential profit of £187.50
Lay £20.33 on 2-0 Chelsea @ 10.50 = Potential liability of £193.14
Let’s have a look at our current potential profit/loss for the following outcomes…
| 2-0 Chelsea | +£187.50 – £193.14 = £5.64 loss |
| Not 2-0 Chelsea and both teams score | -£25.00 + £19.32 + £20.00 (extract 80% from our £25.00 free bet) = £14.32 profit |
| Not 2-0 Chelsea and someone keeps a clean sheet | -£25.00 + £19.32 = £5.68 loss |
So as things stand we will make £14.32 profit if both teams score. Unfortunately, we also stand to lose a maximum of £5.68 on any other result and so we need to insure ourselves against this by laying both teams to score at Betfair. We need to divide £5.68 by 0.95 in order to factor in the 5% commission. This gives us a lay stake of £5.98.
Lay £5.98 on both teams to score @ 1.79 = Potential liability of £4.72
Let’s have a look at our resulting potential profit/loss for the following outcomes…
| 2-0 Chelsea | -£5.64 + £5.68 = £0.04 profit |
| Not 2-0 Chelsea and both teams score | £14.32 – £4.72 = £9.60 profit |
| Not 2-0 Chelsea and someone keeps a clean sheet | -£5.68 + £5.68 = £0.00 |
So if both teams score, we will make a nice profit of £9.60! If someone keeps a clean sheet, 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.