It’s Uruguay v Portugal in today’s late kick-off and you don’t want to miss this Sky Bet ‘Bet £10, Get £5’ offer! Place £10.00 worth of bets pre-match on Uruguay v Portugal and Sky Bet will give us a £5.00 free bet. Translated into matched betting terms, this gives us a guaranteed profit of £3.53 and here’s how…
Qualifying Bet:
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how it should be done.
Qualifying bets must be placed at odds of 1.333 (1/3) or greater between 09:00 on Friday 29th June 2018 and 19:00 (kick-off) on Saturday 30th June 2018, to be eligible.
Having looked at the odds available, we could place our qualifying bet on a Draw in the Full Time Result market.
At the time of writing, laying our bet at Smarkets gives us the smallest qualifying loss.
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 £9.73…
Place £10.00 on a draw @ 2.90 = Potential profit of £19.00
Lay £9.73 on a draw @ 3.00 = Potential liability of £19.46
Let’s have a look at our potential profit/loss for the possible outcomes…
| Draw | + £19.00 – £19.46 = £0.46 loss |
| Not a draw | - £10.00 + £9.53 (£9.73 minus 2% commission) = £0.47 loss |
So, regardless of the outcome, we’ll lose a maximum of £0.47 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 will be valid for 3 days. Free bet stakes are not included in any returns.
By using straightforward matched betting, we should be able to extract 80% out of the £5.00 free bet as cash, so £4.00. If we take into account our maximum qualifying loss of £0.47, this gives us a guaranteed profit of £3.53 on this Sky Bet offer!
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