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Novibet – Oliveira v Poirier Offer

It’s Charles Oliveira v Dustin Poirier in Sunday morning’s early hours, and Novibet are getting in on the action! Place a £20.00+ pre-fight single bet on Oliveira v Poirier and Novibet will give us a £5.00 free bet. Translated into matched betting terms, this provides us with a profit of £3.77 and here’s how…

Key terms

  • Applies to pre-fight single bets on Charles Oliveira v Dustin Poirier (starts at around 04:30 on Sunday 12th December 2021).
  • Minimum stake of £20.00.
  • 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, Charles Oliveira is available in the Match Winner market at back odds of 2.24 (31/25). The lay odds are currently 2.24.

Either exchange works for this offer

Betfair and Smarkets are both great options for this offer. If you’ve not used one of them, now is a great time to give them a try.

  • Money back as cash up to £20
  • 0% commission for 60 days

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 £20.18…

Novibet logo

Place £20.00 on Charles Oliveira @ 2.24 = Potential profit of £24.80

Betfair logo

Lay £20.18 on Charles Oliveira @ 2.24 = Potential liability of £25.02

Outcomes

Let’s look at our potential profit/loss for the possible outcomes…

OutcomeNovibetBetfairProfit/Loss
Oliveira wins+ £24.80– £25.02£0.22 loss
Any other outcome– £20.00+ £19.77£0.23 loss

So, no matter the outcome, we’ll lose a maximum of £0.23 in qualifying for our £5.00 free bet.

Free bet

Our £5.00 free bet will be credited within 24 hours of our qualifying bet settling and valid for 7 days. 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 maximum qualifying loss of £0.23 gives us a profit of £3.77 on this Novibet offer!

* Oliveira won the fight, resulting in £3.78 profit on this Novibet offer. *

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £90,000 worth of profit, and made it my mission to make matched betting accessible to everyone.