NetBet New Customer Offer – Arsenal v Chelsea

Posted by Matt (administrator) Thu, Jan 21, 2016 12:01pm Matt
Start Time: 24/01/2016 16:00

NetBet are running a great enhancement on Arsenal v Chelsea, so if you don’t already have a NetBet account, listen up! By betting on Arsenal to beat Chelsea, we can make a guaranteed profit of £17.74 and here’s how…

NetBet Offer Arsenal v Chelsea

To claim this offer, we need to open a new account and enter code ‘PREM10’ in the ‘Deposit Bonus Code’ area at the top of the Cashier page, before making our first deposit.

We will be credited an initial £0.01 as a free bet upon activating the bonus, which confirms that we are eligible to receive the full free bet bonus.

Having looked at the lay odds available, it’s going to be more profitable to place our bets on Arsenal. We must place our FIRST BET of £10.00 on Arsenal to win at the current market price and if our bet wins, we will be paid in cash based on the normal price and will have the extra amount, bringing the bet up to the cumulative payout, credited as a bonus within 48 hours.

The odds of Arsenal beating Chelsea at the time of writing are 2.10, so if Arsenal win the match, we will receive £21.00 in cash and a £49.00 bonus which makes £70.00 in total. Our bonus must be rolled over 3 times at minimum odds of 1.60 and will expire after 60 days if not used. By using straightforward matched betting we should be able to extract £39.00 cash from the £49.00 bonus, giving us total cash returns of £60.00 and effective odds of 6.00.

I like to place my exchange lay bets with Smarkets as they have great liquidity, the site is really easy to use and they only charge 2% commission in comparison to the 5% charged by other betting exchanges.

We can enter our effective odds into my matched betting calculator to work out our correct lay stake…

Back Bet (Bookie)


Lay Bet (Betting Exchange)


Min £
Max £
Lay stake required: £
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 £28.30…


Place £10.00 on Arsenal @ 2.10 = Potential profit of £11.00

smarkets white

Lay £28.30 on Arsenal @ 2.14 = Potential liability of £32.26

Let’s have a look at our overall profit/loss for the possible outcomes…

Arsenal win + £11.00 – £32.26 + £39.00 (extracted from £49.00 bonus) = £17.74 profit
Arsenal don't win - £10.00 + £27.74 (£28.30 minus 2% commission) = £17.74 profit

So regardless of the result of the match, we’ll make a guaranteed profit of £17.74 on this NetBet enhanced odds offer for new customers.


  1. Daniel

    Hi, is this available to customers from Ireland?

    1. Matt

      Hi Daniel. The terms state that this offer is only available to new customers from the United Kingdom, so it sounds like it only includes Northern Ireland. It seems this is the case with their standard welcome offer too. Feel free to ask them the question though.

      1. Ben

        The same applies for Germany for most offers, but if you check out the German site you can find most of the offers in a German version as well.

  2. Allan W

    Is this more worthwhile than just taking the 50% new customer deposit bonus?

  3. bluemoon101


    just wondering how this effects the 50% deposit bonus. Can I do this offer and then claim the sub?

    thanks and really appreciate your free website

    1. Matt

      You’re welcome mate. I’m afraid it’s one or the other. The standard welcome offer is a bit more profitable but requires a bigger outlay.

  4. Johnboy

    Wouldn’t it be more beneficial for new customer to do signup offer?

    1. Matt

      It’s entirely up to you mate. The standard welcome offer is a bit more profitable but this enhanced one might appeal more to absolute newbies.

  5. Kylian

    Nice promotions, a fantastic interface and a user-friendly site I like it. 🙂

    1. Matt

      Great to have you on board Kylian.

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