EnergyBet Sign Up Offer – £10 Bonus

£7.00
Guaranteed Profit

The EnergyBet sign up offer is another that’s not to be missed. Simply sign up, deposit and bet £10+ and EnergyBet will give you a £10 bonus. Translated into matched betting terms, this gives you a guaranteed profit of £7+. Let’s work through it one step at a time.

Key terms

  • Minimum £10 deposit required.
  • Minimum £10 qualifying single or combi bet.
  • Minimum total odds of 2.00 (evens).
  • £10 bonus credited by 16:00 GMT the following day.
  • Bonus to be wagered 1x on a multiple bet (2+ selections).
  • Minimum odds for each selection of 1.25 (1/4).
  • Minimum total odds of 2.00 (evens).

The strategy

This is a straightforward ‘Bet X, Get X‘ offer.

To claim the £10 bonus, you’ll need to bet £10 at odds of 2.00 (evens) or greater. You can then use straightforward matched betting to convert your bonus into cash.

Qualifying bet

It’s entirely up to you what you place your qualifying bet on, but you’ll need to find a selection with close back and lay odds. Big football matches are a good place to start looking or any other popular events where plenty of bets will be placed.

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

I’ll use some example odds to illustrate how this offer should be done. Let’s say Arsenal are back odds of 2.10 and lay odds of 2.20 to win a football match.

Use an exchange of your choice

You can calculate your lay stake using my Matched Betting Calculator

Select bet type

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 you that your lay stake should be £9.77

EnergyBet logo

Place £10.00 on Arsenal @ 2.10 = Potential profit of £11.00

Betfair logo

Lay £9.77 on Arsenal @ 2.20 = Potential liability of £11.72

Let’s have a look at your potential profit/loss for each outcome…

OutcomeEnergyBetBetfairProfit/Loss
Arsenal win+ £11.00– £11.72£0.72 loss
Arsenal lose or draw– £10.00+ £9.28£0.72 loss

So, regardless of whether Arsenal win, lose or draw, you’ll incur a small loss of £0.72. It’s worth it though, as you’ve just qualified for a £10 bonus!

Bonus

Your £10 bonus will be credited to your account by 16:00 the following day. The bonus must be wagered once on a multiple bet within 7 days. The bet must have 2+ selections, odds of 1.25+ per selection and total odds of 2.00+.

Repeat the matched betting process for your bonus, but this time select the ‘Free Bet‘ option on the calculator and check the ‘Stake returned‘ box. If you’re still a bit unsure of the process and would like to walk through using your bonus step by step, see my bonus rollover guide.

Laying multiples is a little different to laying single bets, but don’t let that put you off. You can actually build and lay any multiple you like at Smarkets. For a walkthrough of how it should be done, see my laying multiples guide.

You should be able to get £8 cash (80%) from your £10 bonus. If you take into account your qualifying loss of £0.72, this gives you a guaranteed profit of £7.28 on the EnergyBet sign up offer!

There are plenty more offers like this one to profit from and you can find them all on my New Customer Offers page.

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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.