It’s Everton v Liverpool on Saturday and you don’t want to miss this Sky Bet free bet offer! Simply opt-in and bet on any Everton v Liverpool market and Sky Bet will give us a £5.00 free bet. Translated into matched betting terms, this gives us a guaranteed profit of £3.77 and here’s how…
- We must opt in on the promotion page to be eligible.
- Minimum bet to qualify is 5p.
- Promotion will run from 18:00 on Thursday 14th October 2020 until full-time (around 14:15 on Saturday 17th October 2020).
- Available to first 300,000 qualifying customers.
If you’d like more information about qualifying bets and how they work, please see my Qualifying Bets Guide.
It’s entirely up to you what you place your qualifying bet on. Having looked at the odds available, we could place our qualifying bet on Liverpool in the Full Time Result market.
The minimum bet is just 5p for this offer, but it may be worth staking a solid £5.00 to appear a little more muggy.
At the time of writing, laying our bet at Betfair gives us the smallest qualifying loss.
Betfair are currently offering new customers 0% commission up to £500 for the first 30 days.
If you’re an existing Betfair customer, you can opt in to pay just 2% commission by selecting their Basic reward plan.
For more information about My Betfair Rewards and how to opt in, please see my Betfair 2% Commission page.
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 £4.87…
Place £5.00 on Liverpool @ 1.85 = Potential profit of £4.25
Lay £4.87 on Liverpool @ 1.92 = Potential liability of £4.48
Let’s have a look at our potential profit/loss for the possible outcomes…
|Liverpool win||+£4.25||-£4.48||£0.23 loss|
|Liverpool don’t win||-£5.00||+£4.77||£0.23 loss|
So, regardless of the outcome, we’ll lose £0.23 in qualifying for our £5.00 free bet.
Our £5.00 free bet will be credited upon placement of our qualifying bet(s) and will be valid on any market. Free bets do not have an expiry date and free bet stakes are not included in any returns.
Using straightforward matched betting, we should be able to convert our £5.00 free bet into 80% cash, so £4.00. If we take into account our qualifying loss of £0.23, this gives us a guaranteed profit of £3.77 on this Sky Bet offer!