It’s Watford v Man Utd in Sunday’s early kick-off and you don’t want to miss this Sky Bet ‘Bet £10, Get £5’ offer! Simply opt-in and place £10.00 worth of bets on Watford v Man Utd and Sky Bet will give us a £5.00 free bet to use on Tottenham v Chelsea. Translated into matched betting terms, this gives us a guaranteed profit of £3.58 and here’s how…
Key Terms:
- Available to first 200,000 qualifying customers.
- Promotion will run between 17:30 on Saturday 21st December 2019 and 14:00 (kick-off) on Sunday 22nd December 2019.
- Minimum total stake to qualify is £10.00.
- We must opt-in to be eligible.
- Minimum odds of 1.50 (1/2) or greater.
Qualifying Bet:
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how they should be done.
It’s entirely up to you what you place your qualifying bet on. Having looked at the odds available, we could place our qualifying bet on a Draw in the Full Time Result market.
At the time of writing, laying our bet at Smarkets gives us the smallest qualifying loss.
Smarkets are currently offering £10.00 risk-free every week to both new and existing customers…
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 £9.78…
Place £10.00 on a draw @ 3.60 = Potential profit of £26.00
Lay £9.78 on a draw @ 3.70 = Potential liability of £26.40
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Bookie | Exchange | Profit/Loss |
|---|---|---|---|
| Draw | +£26.00 | -£26.40 | £0.40 loss |
| Not a draw | -£10.00 | +£9.58 | £0.42 loss |
So, regardless of the outcome, we’ll lose a maximum of £0.42 in qualifying for our £5.00 free bet.
Free Bet:
Our £5.00 free bet will be credited upon placement of our qualifying bet(s) and will be valid on any market. Free bets do not have an expiry date and free bet stakes are not included in any returns.
By using straightforward matched betting, we should be able to extract 80% cash from our £5.00 free bet, so £4.00. If we take into account our maximum qualifying loss of £0.42, this gives us a guaranteed profit of £3.58 on this Sky Bet offer!
* Watford won the match 2-0, resulting in a profit of £3.58 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.