£5.00
Guaranteed Profit
- -
Actual Profit

Smarkets £100 Offer – Week 1


Posted by Matt (administrator) Matt
Start Time: 03/12/2019 00:00

Smarkets are running a fantastic Winter Premier League promotion, available to ALL customers! Simply risk £10.00 or more on five different Premier League matches to receive £10.00 risk-free the following week. Translated into matched betting terms, this gives us a guaranteed weekly profit of £5.00 and here’s how…

Smarkets Offer - Up to £100 Risk-Free
Smarkets Offer - Up to £100 Risk-Free

Key terms:

  • Offer runs from 00:00 on Tuesday 3rd December 2019 until 23:59 on Monday 10th February 2020.
  • Offer is available to ALL new and existing Smarkets users who opt-in here.
  • Users who sign up via SBK (Smarkets’ Sportsbook) will not be eligible for this promotion.
  • Each week, users must have at least £10.00 of settled exposure on five different English Premier League matches.
  • Bets on Premier League outright markets will not count towards this promotion.
  • Eligible users will receive their £10.00 risk-free bonus the following week, for a maximum of ten weeks.

Week 1

Week 1 runs from 00:00 on Tuesday 3rd December 2019 until 23:59 on Monday 9th December 2019.

To qualify for our risk-free bonus, we need to have at least £10.00 of ‘settled exposure’ on five different English Premier League matches.

This simply means we need to ‘risk’ £10.00 on each match. We can do this by placing back bets of £10.00 or more or by placing lay bets where our overall liability is £10.00 or more.

If we meet the qualifying criteria, we’ll get what Smarkets call a £10.00 risk-free bonus the following week, which we can expect to be credited on Tuesday 10th December 2019.

Any losses from the point of the bonus being credited will be refunded up to the bonus amount.

Qualifying bets

Strategy 1

There are a couple of different ways we can approach this offer.

The first option is to place a back bet of £10.00 or more on five different matches and lay them off at another exchange like Betfair or Matchbook.

We just need to make sure that any further bets on those matches don’t reduce our exposure below the £10.00 mark as it will no longer count as a valid qualifying bet.

Smarkets logo

Aim to lose no more than £0.50 on each of our qualifying bets

So, if we can minimise our qualifying losses on each match, we should lose a total of no more than £2.50 in qualifying for our £10.00 risk-free bonus.

Strategy 2

The above method is pretty easy if you don’t use your Smarkets account much.

If, however, you use Smarkets on a daily basis for matching your bets, it’s likely you’ll place some eligible qualifying bets without even thinking about it.

Premier League matches are perfect for many football offers, so provided you’re risking £10.00 on each match, it will count towards your weekly quota.

If, for example, you find you’ve only placed qualifying bets across three matches, you can simply place a couple of further back bets to get you up to the requirement.

Beware of trading out

One of the main things to be aware of with this offer is that it’s your exposure at settlement that counts towards your qualifying bets.

If you trade out in play and your exposure at the end of the match is less than £10.00, it will no longer count towards qualifying.

Risk-free bonus

Once our qualifying bets have settled, our £10.00 risk-free bonus will be credited the following week.

Once credited, any losses will be refunded up to £10.00.

Again, it depends hows much you use your Smarkets account as to how you go about using your risk-free bonus.

If your Smarkets account is pretty active, you may just want to use your account as normal and enjoy the refunds.

If you don’t use your Smarkets account much, you can simply treat the bonus as a risk-free bet. We can expect to extract £7.50 cash (75%) from our bonus using this method.

If we take into account our total qualifying loss of £2.50, this gives us an overall guaranteed profit of £5.00 on Week 1 of this Smarkets offer!

Comments


  1. Parade99

    7

    Thanks for the guide, presumably accumulators are excluded?

    +0
    Reply
    1. Matt

      207

      That’s correct mate…

      ‘Bets on Premier League outright or accumulator markets would not be counted towards by this promotion.’

      +1
      Reply
  2. Kennyroger777

    Guest user

    Is it the liability or what you stake against. Eg 9.81 at odds of 2.16 is 11.37 liability. But the stake is under 10

    +0
    Reply
    1. Matt

      207

      It’s your exposure that counts, so it’s your liability you need to be looking at.

      +0
      Reply
  3. apc43

    4

    Is this correct… I’ve placed a back bet of £5 at odds of 3.6 on betfair on the draw on the Crystal Palace v AFC Bournemouth match tonight. I’ve layed £4.85 at odds of 3.6 on the draw on the same match on smarkets with an exposure of £12.61. Will this qualify as one of my 5 bets?

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    Reply
    1. Matt

      207

      Yes that will qualify.

      +0
      Reply
  4. Jon

    Guest user

    Just to flag Matt, no minimum odds on this – so losses for each one of people’s 5 qualifying bets really shouldn’t be above 20p! City tonight, Chelsea tomorrow and then any over/under 0.5 goals markets will be really low odds differences between Smarkets and Betfair (per strategy one) – thanks for the offer!

    +0
    Reply
    1. Matt

      207

      Thanks Jon. I was erring on the side of caution for any newbies out there. I’ll probably amend things next week.

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      Reply
  5. Simon G

    Guest user

    Surely it’s best to combine this with the many other premier league offers and you will get the smarkets offer for free ? Eg BetStars 80min refund offer? Betway 1st goal wins etc

    +0
    Reply
    1. Wingman

      Guest user

      I’d agree Simon.

      Ideal chance for those who are always complaining / wondering why they don’t get the £50 Bet365 invite only in play offers to place some large 2up bets, knowing they’ll get most /all of the QL’s back, plus having a reasonable chance to once or twice win big

      +1
      Reply
    2. Matt

      207

      I agree Simon. I would imagine most folk will place some qualifying bets without even thinking about the offer.

      I covered both methods in the post to cater for any newbies and those who don’t use their Smarkets accounts very often.

      +0
      Reply
  6. Conno

    Guest user

    I’m just gonna do this along side the Paddy Power 10 euro bet club each week, works out at about 17.20 per week with both

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    Reply
  7. Harriet D

    Guest user

    Just bet the low games (1.1-1.5) guys. If you are on 2% commission on both smarkets and betfair exchange you qualifying losses will be 25p-40p

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    Reply
  8. Joe

    3

    Can this be well combined with Unibet or Paddypowers £10 free bet for 5 x £10 in play bets?

    Back at bookie lay at Smarkets?

    +0
    Reply
    1. Mark

      Guest user

      Yes, as long as your liability is £10 or more, so lay odds would need to be at least 2.00 for it to work on a £10 stake.

      +0
      Reply
  9. Jamie A

    Guest user

    What is classed as outright markets?

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    Reply
    1. Mark

      Guest user

      An example of the outright market would be betting on Liverpool to win the title.

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      Reply
    2. Matt

      207

      The Outright markets are listed as follows Jamie…

      Premier League 2019/20 Player Outrights – Top Goalscorer
      Premier League 2019/20 Team Outrights – Winner
      Premier League 2019/20 Team Outrights – Top 4 Finish
      Premier League 2019/20 Team Outrights – Top 6 Finish
      Premier League 2019/20 Team Outrights – Top 10 Finish
      Premier League 2019/20 Team Outrights – Relegation
      Premier League 2019/20 Team Outrights – Rock Bottom
      Premier League 2019/20 Team Outrights – Top Promoted Team
      Premier League 2019/20 Manager Outrights

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      Reply
  10. Jamie

    Guest user

    Also is there anywhere I can keep track of progress

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    Reply
    1. Matt

      207

      I don’t think this is shown in your account, so you’ll have to keep an eye on things.

      +0
      Reply
  11. Sparky

    Guest user

    Hi Matt. If I use the risk free calculator to extract my winnings, do I enter £7.50 or £10.00 in the cashback column?

    +0
    Reply
    1. Matt

      207

      You would enter £10.00 as losses are refunded in cash up to the bonus amount.

      +0
      Reply

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