£15.91
Guaranteed Profit
- -
Actual Profit

Novibet Sign Up Offer – £25 Free Bet


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The Novibet sign up offer is not to be missed. Simply sign up and place an accumulator bet with a minimum of three selections, each at odds of 7/10 (1.70) or greater and Novibet will match our stake as a free bet, up to a maximum of £25.00. Translated into matched betting terms, this gives us a guaranteed profit of £15.91 and here’s how…

Novibet Sign Up Offer - £25 Free Bet

Key Terms

  • The offer is valid for all payment methods except Skrill, Neteller, Paysafe and Moneysafe.
  • Our qualifying bet must be an accumulator with three or more selections and placed within 30 days of registration.
  • Each selection must have odds of 1.70 (7/10) or greater.
  • Our free bet will be credited upon settlement of our qualifying bet (we may need to log out and log back in for it to appear).

The Strategy

There are a few ways we can play this offer. By using straightforward matched betting, we should be able to extract around £20.00 cash (80%) from our £25.00 free bet.

We therefore just need to minimise our qualifying loss from the accumulator bet.

Option 1

We could treat this as a speculative offer and let the accumulator run without laying. We know we’ll be able to recoup £20.00 cash from the free bet, so the accumulator is effectively only costing us £5.00 and we could win big.

Option 2

We could use OddsMonkey’s Acca Finder tool. Simply open up the ‘Lay Sequential‘ version of their Acca Builder and select the Novibet welcome offer from the drop-down.

The tool will then show you which matches to bet on. We can expect to incur a qualifying loss of £2.00-£5.00, giving us a guaranteed profit of £15.00-£18.00.

Option 3

Smarkets and Betfair both offer accumulator markets on busy football days, so we could simply match one of their trebles at Novibet with a straightforward back and lay as explained in the following example…

Qualifying Bet

At the time of writing, Smarkets have Real Madrid, Inter & Köln all to win at lay odds of 11.50.

The same three teams are back odds of 9.80 at Novibet.

We can calculate our 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 us that our lay stake should be £21.34…

Novibet logo

Place £25.00 on Real Madrid, Inter & Köln all to win @ 9.80 = Potential profit of £220.00

Smarkets logo

Lay £21.34 on Real Madrid, Inter & Köln all to win @ 11.50 = Potential liability of £224.07

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

OutcomeNovibetSmarketsProfit/Loss
Accumulator wins+£220.00-£224.07£4.07 loss
Accumulator doesn't win-£25.00+£20.91£4.09 loss

So, regardless of the outcome, we’ll lose a maximum of £4.09 in qualifying for our £25.00 free bet.

Free Bet

We’ll receive our £25.00 free bet upon settlement of our qualifying bet. The free bet will be valid for 30 days and the free bet stake will not be included in any returns.

By using straightforward matched betting, we can extract 80% cash from any free bet. Take a look at my Free Bet Strategy page for a walk-through guide on how this should be done.

So, we should be able to extract £20.00 cash from our £25.00 free bet. If we take into account our maximum qualifying loss of £4.09, this gives us a guaranteed profit of £15.91 on this Novibet sign up offer!