Thanksgiving has arrived across the pond, and you don’t want to miss this Sky Bet free bet offer! Opt in and bet £10.00+ on any NFL Thanksgiving match, and Sky Bet will give us a £5.00 free bet. Translated into matched betting terms, this provides us with a profit of £3.44 and here’s how…
Key terms
- We must opt in on the promotion page to be eligible.
- Promotion will run from 11:30 on Wednesday 24th November 2021 until the start of Bills @ Saints (01:20) on Friday 26th November 2021.
- Applies to pre-match bets placed on Bears @ Lions, Raiders @ Cowboys or Bills @ Saints.
- Minimum stake of £10.00.
- Minimum odds of 1.50 (1/2).
Qualifying bet
Please see my qualifying bets guide if you’d like more information about them and how they work.
It’s entirely up to you what you place your qualifying bet on.
At the time of writing, Chicago Bears are back odds of 1.667 (4/6) to beat Detroit Lions. The lay odds are currently 1.75.
Smarkets works best for this offer
For this offer, Smarkets are the best option due to Sky Bet being part of the same group as Betfair.
Laying your bet at Betfair would probably be fine, but if you don’t want to risk it, Smarkets is your safest bet.
- 0% commission for 60 days
We can calculate our lay stakes using my Matched Betting Calculator…
As you can see, the calculator tells us that our lay stake should be £9.64…
Place £10.00 on Chicago Bears @ 1.667 = Potential profit of £6.67
Lay £9.64 on Chicago Bears @ 1.75 = Potential liability of £7.23
Outcomes
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Sky Bet | Smarkets | Profit/Loss |
|---|---|---|---|
| Chicago Bears win | + £6.67 | – £7.23 | £0.56 loss |
| Any other outcome | – £10.00 | + £9.44 | £0.56 loss |
So, no matter the outcome, we’ll lose £0.56 in qualifying for our £5.00 free bet.
Free bet
Our £5.00 free bet will be credited upon placement of our qualifying bet and valid on any market. Free bets will not be subject to expiry, and free bet stakes are not included in any returns.
Using straightforward matched betting, we should convert our free bet into 80% cash, so £4.00. Considering our qualifying loss of £0.56 gives us a profit of £3.44 on this Sky Bet offer!
* Chicago Bears beat Detroit Lions 16-14, resulting in a £3.44 profit on this Sky Bet offer. *
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £85,000 worth of profit, and made it my mission to make matched betting accessible to everyone.