The Masters 2021 Offer – Sky Bet

£3.50
Potential Profit
£1.85
Actual Profit

The Masters 2021 tees off on Thursday and Sky Bet are getting in on the action! Simply opt in and place a £5.00+ bet on the ‘Hotshots’ market and Sky Bet will give us a £1.00 free bet for every birdie or better our player makes during the first round of the tournament. Translated into matched betting terms, this gives us a potential profit of £3.50 and here’s how…

Key terms

  • We must opt in on the promotion page, to be eligible.
  • Minimum stake of £5.00.
  • Applies to bets placed on the Hotshots market.
  • Applies to bets placed between 10:00 on Thursday 1st April 2021 and the first tee (around 13:00) on Thursday 8th April 2021.
  • We’ll receive a £1.00 free bet for every birdie or better our player makes during Round 1 of the tournament.

Qualifying bet

If you’d like more information about qualifying bets and how they work, please see my qualifying bets guide.

It’s entirely up to you which player you place your qualifying bet on. At the time of writing, Dustin Johnson is available at back odds of 10.00 (9/1) and lay odds of 11.00.

Smarkets works best for this offer

We can calculate our lay stakes using my Matched Betting Calculator

Back Bet (Bookie)

%

Lay Bet (Betting Exchange)

%

Min £
Max £
Lay stake required: £
Bookie
Exchange
Cashback
Total
If back (bookie) bet wins
£
£
£
= £
If lay (exchange) bet wins
£
£
£
= £
Total profit: £

Optimal Underlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

Optimal Overlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

As you can see, the calculator tells us that our lay stake should be £4.55

Sky Bet logo

Place £5.00 on Dustin Johnson @ 10.00 = Potential profit of £45.00

Smarkets logo

Lay £4.55 on Dustin Johnson @ 11.00 = Potential liability of £45.50

Outcomes

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

OutcomeSky BetSmarketsProfit/Loss
Dustin Johnson wins+ £45.00– £45.50£0.50 loss
Dustin Johnson doesn’t win– £5.00+ £4.45£0.55 loss

So, no matter who wins, we’ll lose a maximum of £0.55 in qualifying for our potential free bets.

Free bets

We’ll receive a £1.00 free bet for every birdie or better Dustin Johnson records during the first round of the tournament. Free bets will be credited by 19:00 after the conclusion of the first round and will not be subject to an expiry.

If Dustin Johnson records 5 birdies or better in the first round, we’ll receive £5.00 in free bets. Using straightforward matched betting, we should be able to convert our free bets into 80% cash, so £4.00.

If we take into account our minimum qualifying loss of £0.50, this gives us a potential profit of £3.50 on this Sky Bet offer!

* Dustin Johnson recorded three birdies in Round 1 and went on to miss the cut, resulting in a profit of £1.85 on this Sky Bet offer. *

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £50,000 worth of profit, and made it my mission to make matched betting accessible to everyone.