There’s some great horse racing action this evening and Sky Bet are giving all customers a £10.00 free bet. Simply place four or more bets of £10.00 or more on tonight’s racing between 16:00 and 20:30 at minimum odds of 1.50 (1/2) or above and Sky Bet will give us a £10.00 free bet to use on any horse racing market. Translated into matched betting terms, this gives us a guaranteed profit of £4.80 and here’s how…
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.
We must opt-in on the promotions page to be eligible for this offer.
I like to place my exchange lay bets with Smarkets as they have great liquidity, the site is really easy to use and they only charge 2% commission in comparison to the 5% charged by other betting exchanges. We can calculate our lay stakes using the matched betting calculator.
Free Bet:
By using straightforward matched betting, we should be able to extract 80% of our £10.00 free bet as cash, so around £8.00. If we take into consideration our total qualifying loss of £3.20, this gives us a guaranteed profit of £4.80.
If you’re not sure how to extract 80% of the £10.00 free bet, please see my Free Bet Strategy page for a walk-through guide on how it should be done.
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £70,000 worth of profit, and made it my mission to make matched betting accessible to everyone.