£7.80
Guaranteed Profit
- -
Actual Profit

SportPesa Sign Up Offer – £10 Bonus


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The SportPesa sign up offer is not to be missed. Simply sign up, deposit and stake a minimum of £10.00 and SportPesa will give us a £10.00 bonus. Translated into matched betting terms, this gives us a guaranteed profit of £7.80 and here’s how…

Banner showing the SportPesa Sign Up Offer

Key Terms

  • Only deposits made via credit or debit cards are eligible for the bonus.
  • We must deposit at least £10.00.
  • Our qualifying bet of £10.00+ must be placed on a single selection.
  • We must ‘Accept’ our bonus upon settlement of our qualifying bet.

The Strategy

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

To claim the £10.00 bonus, we’ll need to bet £10.00.

We can then use straightforward matched betting to extract around 80% cash from our £10.00 bonus.

Qualifying Bet

It’s entirely up to you what you place your qualifying bet on, but we need to find something with close back and lay odds. I’ll use odds for a fictional football match in the following example to demonstrate how this offer should be done.

We can lay our bets with Betfair or Smarkets. At the time of writing, Smarkets is likely to give us the smallest qualifying loss and greater overall profit.

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 £10.00…

SportPesa logo

Place £10.00 on Team A @ 1.80 = Potential profit of £8.00

Smarkets logo

Lay £10.00 on Team A @ 1.82 = Potential liability of £8.20

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

OutcomeSportPesaSmarketsOverall Profit/Loss
Team A win+ £8.00– £8.20£0.20 loss
Team A don't win– £10.00+ £9.80 (£10.00 minus 2% commission)£0.20 loss

So, regardless of the result of the match, we’ll lose £0.20 in qualifying for our £10.00 bonus.

Bonus

We’ll be offered our £10.00 bonus upon settlement of our qualifying bet. The bonus will be valid for 5 days and the bonus stake will not be included in any returns. We can therefore treat it exactly the same as a stake not returned free bet.

By using straightforward matched betting, we should be able to extract around 80% cash from our £10.00 bonus, so £8.00. If we take into account our qualifying loss of £0.20, this gives us a guaranteed profit of £7.80 on this SportPesa sign up offer!

If you’re unsure how to extract £8.00 cash (80%) from the £10.00 bonus (stake not returned), check out my Free Bet Strategy page for a walk-through guide on how it should be done.