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Sky Bet Welcome Offer

Bet £5 Get £20 Offer Worth £9.96 Profit (Starting With £25)

The Sky Bet Welcome Offer is a great first Welcome Offer for those of you able to start with £25.

You need to deposit £5 in Sky Bet and £20 into Betfair Exchange. In return, you will guarantee a £9.96 profit risk free.

Let's crack on with the step by step guide!

Sign Up To Sky Bet & Betfair

Sign up to Betfair Exchange and Sky Bet by clicking on the below buttons:

Betfair sign up
Sign up to Betfair
skybet sign up
Sign up to Sky Bet

Please deposit £20 into Betfair Exchange. I recommend using a debit bank card to avoid any fees, alternatively you can use a credit card (1.5% fee) or Paypal (2% fee).

Please deposit £5 into Sky Bet.

Step 1: Place Your Sky Bet £5 Trigger Bet
a) Change Sky Bet Odds To Decimal Odds

When matched betting it is always best to change the odds to decimal odds on the website.

To do this on Sky Bet, go to 'my account (the little head near your balance)', scroll to near the bottom of the account section and click 'edit account details' and then 'odds format' and change to decimals:

b) Head To Bournemouth vs Arsenal

Click here to the Bournemouth vs Arsenal (Sunday 13:30) market. Then click on the 1.7 on the third (away) column for Arsenal:

If the odds have changed from 1.70, don't worry, just click the number!

c) Place Your £5 Trigger Bet

Once you have clicked on the 1.7 for Arsenal, the bet slip will open on the right hand side. Enter 5 into the Stake and click the green 'place bet' button:

Step 2: Place Your Betfair Exchange £4.91 Lay Bet
a) Check The Betfair Lay Odds

Click here to the Bournemouth vs Arsenal market:

We can see here the Arsenal lay odds (the pink box) are 1.78.

b) Calculate the Lay Stake

We are betting £5 on Sky Bet on Arsenal to win at 1.7 and the Betfair Exchange lay odds are 1.78, but what is our Betfair lay stake? To find this, use the simple calculator!

Enter 5 as the back stake, 1.7 as the back odds and 1.78 as the lay odds. The calculator tells us our lay stake is £4.91:

From our £5 trigger bet, this shows we will lose 34p (explained in 'Where Our Money Goes' below) but we then receive £20 in Sky Bet free bets, ch-ching!

c) Place Your £4.91 Lay Bet

Click on the lay odds in the pink box (from the screenshot above), this will bring up the Betfair betslip. Enter £4.91 into the Backer's stake:

This will show a liability of £3.83. Again don't worry if the liability is a showing a little different if the lay odds have moved a little from 1.78.

Where Your Money Goes?

At the bottom of the calculator is a very handy profit breakdown:

To explain the above breakdown:

If Arsenal win, then you win £3.50 on Sky Bet, but lose your liability of £3.83 on Betfair Exchange for a net loss of 33p.

If Arsenal draw or lose, then I lose £5 on Sky Bet, but win my £4.66 on Betfair Exchange (I win £4.91 lay stake less 25p commission on my winning bet) for a net loss of 34p.

You have only lost 34p from the trigger bet and have now received a £20 free bet, so let's now make a tidy profit from this!

Step 3: Place Your Sky Bet £20 Free Bet
a) Head To Liverpool vs Man City

Click here to the Liverpool vs Man City (Sunday 4pm) market. Click on the 2.25 next to Man City:

If the odds have changed from 2.25, don't worry, just click the number!

b) Place Your £20 Free Bet

You will see that you now have an orange notification at the top of Sky Bet to let you know you have free bets to use:

Once you have clicked on the 2.25 for Man City the betslip will open. Select "Use £20 Free Bet"

Then click Place Bet.

Step 4: Place Your Betfair Exchange £10.82 Lay Bet
a) Check The Betfair Lay Odds

Click here to the Liverpool vs Man City market:

We can see in the pink box the Man City lay odds are 2.36. If the odds have changed from 2.36, don't worry just continue as below!

b) Calculate the Lay Stake

To find our lay stake, again we use the simple calculator, this time we select Bet Type 'Free Bet SNR'.

Enter 20 as the back stake, 2.25 as the back odds and 2.36 as the lay odds. The calculator tells us our lay stake is £10.82:

From our £20 trigger bet, this shows we will make a £10.82 profit (explained in 'Where Our Money Goes' below), ch-ching!

b) Place Your £10.82 Lay Bet

Enter £10.82 into the Backer's stake:

This will show a liability of £14.72. Again don't worry if the liability is a little different.

Where Your Money Goes?

At the bottom of the calculator is a very handy profit breakdown:

If Man City win, then I win £25 on Sky Bet from my £20 free bet, but lose my liability of £14.72 on Betfair Exchange for a net profit of £10.28.

If Man City draw or lose, then I lose £0 on Sky Bet as it my free bet, but win £10.28 on Betfair Exchange (I win £10.82 lay stake less 54p commission on my winning bet) for a net profit of £10.28.

Congratulations - you just made £9.96 risk-free profit!

Next up in the Starting With £25 Guide: William Hill Welcome Offer - worth £16 in risk-free profit.

William Hill Welcome Offer >>

Got Questions?

There are 3 ways to ask for help with Team Profit:

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