The Monaco Grand Prix 2021 takes place on Sunday and you don’t want to miss this Novibet free bet offer! Simply place a £10.00+ single bet on the Monaco Grand Prix and Novibet will give us a £5.00 free bet. Translated into matched betting terms, this gives us a guaranteed profit of £2.67 and here’s how…
Key terms
- Applies to single bets on any Monaco Grand Prix 2021 market.
- Minimum stake of £10.00.
- Minimum odds of 1.70 (7/10).
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 what you place your qualifying bet on.
At the time of writing, Max Verstappen is available in the Race Winner market at back odds of 2.30 (13/10). The lay odds are currently 2.62.
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 calculate our lay stake using my Matched Betting Calculator…
As you can see, the calculator tells us that our lay stake should be £8.85…
Place £10.00 on Max Verstappen @ 2.30 = Potential profit of £13.00
Lay £8.85 on Max Verstappen @ 2.62 = Potential liability of £14.33
Outcomes
Let’s have a look at our potential profit/loss for the possible outcomes…
So, no matter the outcome, we’ll lose £1.33 in qualifying for our £5.00 free bet.
Free bet
Our £5.00 free bet will be credited within 24 hours.
Using straightforward matched betting, we should be able to convert our free bet into 80% cash, so £4.00. If we take into account our qualifying loss of £1.33, this gives us a guaranteed profit of £2.67 on this Novibet offer!
* Max Verstappen won the race, resulting in a profit of £2.67 on this Novibet offer. *
More reload offers – Make £300+ per month
With detailed walkthroughs for all the best offers as they’re released, you’ll be bagging recurring profits in no time.
More reload offers
Got a question?
Leave me a comment below…
I usually respond within 24 hours.
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.