Sky Bet Offer – Masters £10.00 Free Bet

The Masters concludes this evening, but not before we’ve taken advantage of this Sky Bet offer!  Simply place a total of £50.00 before close of play on the final day of the US Masters 2015 and Sky Bet will credit us with a £10.00 free bet to use on any sports market.  Translated into matched betting terms, this gives us a guaranteed profit of £6.80 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.  You will need to use the matched betting calculator to calculate your lay stake.

First things first, you must opt in to claim this offer or enter the promo code ‘MASTERS’.  It’s entirely up to you what you place your qualifying bet on, as long as you place it at the minimum odds of 1.50 (1/2) or above.  Having looked at the odds available, I’ve opted to keep my qualifying loss at a minimum by placing my qualifying bet on Jordan Spieth winning the Masters…

skybet

Place £50.00 on Jordan Spieth @ 1.50 = Potential profit of £25.00

betfair

Lay £51.37 on Jordan Spieth @ 1.51 = Potential liability of £26.20

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

Jordan Spieth wins +£25.00 – £26.20= £1.20 loss
Jordan Spieth doesn’t win -£50.00 + £48.80 = £1.20 loss

So regardless of who wins the Masters 2015, we will lose £1.20 in qualifying for our £10.00 free bet.

Free Bet:

By using straightforward matched betting, we should be able to extract 80% out of the £10.00 free bet as cash, so £8.00.  If we take into account our qualifying loss of £1.20, this gives us a guaranteed profit of £6.80!

If you’re not sure how to extract 80% of the £10.00 free bet, 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

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.