It’s Wolves v Crystal Palace in the FA Cup Third Round on Friday night and you don’t want to miss this Novibet risk-free bet offer! Simply place a single bet of £10.00+ on Wolves v Crystal Palace and if it loses, Novibet will credit our account with a £10.00 free bet. Translated into matched betting terms, this gives us a guaranteed profit of £5.78 and here’s how…
Key terms
- Applies to first pre-match or in play bet on Wolves v Crystal Palace.
- Minimum stake of £10.00.
- Minimum odds of 1.70 (7/10).
- Maximum free bet of £10.00 if our bet does not win.
Qualifying bet
If our first bet of £10.00+ loses, Novibet will credit our account with a £10.00 free bet, so we can treat this as a risk-free bet offer.
We’ll need to place our bet at long odds in order to maximise our profit.
Having looked at the odds available, we could place our qualifying bet on Crystal Palace in the Full Time Result market.
Either exchange works for this offer
Betfair and Smarkets are both great options for this offer. If you’ve not used one of them, now is a great time to give them a try.
- Money back as cash up to £20
- 0% commission for 60 days
We can work out our lay stake by using the ‘Risk-Free Bet’ setting on my Matched Betting Calculator. We can enter £8.00 as our ‘Cashback’ figure as this is the amount we can expect to convert our £10.00 free bet into, should our bet lose…
As you can see, the calculator tells us that our lay stake should be £7.94…
Place £10.00 on Crystal Palace @ 4.20 = Potential profit of £32.00
Lay £7.94 on Crystal Palace @ 4.30 = Potential liability of £26.20
Outcomes
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Novibet | Betfair | Free Bet | Profit/Loss |
|---|---|---|---|---|
| Crystal Palace win | + £32.00 | – £26.20 | £5.80 profit | |
| Crystal Palace lose or draw | – £10.00 | + £7.78 | + £8.00 | £5.78 profit |
So, regardless of whether Crystal Palace win, lose or draw, we’ll make a guaranteed profit of £5.78 on this Novibet offer!
If eligible, our free bet will be credited within 24 hours of our qualifying bet being settled and will be valid for 7 days. Free bet stakes are not included in any returns.
If you’re unsure how to convert your £10.00 free bet into £8.00 cash (80%), please see my free bets guide for a walkthrough of how it should be done.
* Wolves won the match 1-0, resulting in a profit of £5.78 on this Novibet 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.