The Novibet sign up offer is not to be missed. Simply sign up and deposit £10.00+ using bonus code ‘NOVISPORTS’. If we place an accumulator bet with a minimum of three selections, each at odds of 7/10 (1.70) or greater, 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…
- The offer is valid for all payment methods except Skrill, Neteller, Paysafe and Moneysafe.
- Our £10.00+ 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 will need to log out and log back in for it to appear).
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.
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.
We could place an accumulator using selections that don’t overlap. We can then lay each leg sequentially using my Sequential Lay Calculator.
We can expect to incur a qualifying loss of £2.00-£5.00, giving us a guaranteed profit of £15.00-£18.00.
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…
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…
As you can see, the calculator tells us that our lay stake should be £21.34…
Place £25.00 on Real Madrid, Inter & Köln all to win @ 9.80 = Potential profit of £220.00
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…
|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.
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!
Get this Novibet free bet offer