The SportPesa sign up offer is not to be missed. Simply sign up and place a bet between £5.00 and £10.00 at odds of 4/5 (1.80) or greater and SportPesa will give us a bonus equal to our stake. Translated into matched betting terms, this gives us a guaranteed profit of £7.80 and here’s how…
- Only deposits made via credit or debit cards are eligible for the bonus.
- The minimum and maximum stakes are £5.00 and £10.00 respectively.
- Our qualifying bet must be placed at odds of 1.80 (4/5) or greater.
- On settlement of our qualifying bet, we must contact the 24/7 Customer Service Team to request the bonus.
- Bonus credited within 24 hours of correspondence and will be valid for 5 days.
This is a straightforward ‘Bet X, Get X‘ offer.
To claim the £10.00 bonus, we’ll need to bet £10.00 at odds of 1.80 (4/5) or greater.
We can then use straightforward matched betting to extract 80% cash from our £10.00 bonus.
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 calculate our lay stake using my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £10.00…
Place £10.00 on Team A @ 1.80 = Potential profit of £8.00
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…
|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.
Once our qualifying bet has settled, we must contact the 24/7 Customer Service Team to request our £10.00 bonus. The bonus will be credited within 24 hours of correspondence and will be valid for 5 days.
The bonus stake is not included in any returns, so we can treat it exactly the same as a stake not returned free bet.
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 £8.00 cash from our £10.00 bonus. 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!
Click here to take advantage of this SportPesa welcome offer