Bet £5 Get £20
BET £5 GET £20
Skybet is one of the UK's leading online bookmakers given their huge brand awareness as part of the Sky TV Group.
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To make this even easier and faster, check the Selections blog where every week I select the best teams for your trigger and free bets.
Check the Exchange lay odds aren't drastically higher than the back odds
Ideally the chosen team should have the lay bet odds within 10% of the bookmaker odds.
For example, if your bookmaker odds are 2.0, aim for Betfair Exchange lay odds no higher than 2.2.
The next step in your laying process is super important and must be done before placing every lay bet.
Check the small £s under the lay odds. This is called liquidity and if this number is not higher than your required lay stake, do not place the bet as it will not fully match.
Example If you need to lay £13 on the exchange:
Betfair Liquidity here is £3945 on the Lay odds (pink). GOOD - Fine to lay
Liquidity here is only £10 on the Lay odds. BAD - Do not lay
Smarkets Liquidity here is £2992 on Lay odds (blue). GOOD - Fine to lay
Liquidity here is only £11 on the Lay odds. BAD - Do not lay
If the £s under the odds are higher than your required lay stake, you can go ahead and place your bets.
Note In the unlikely event that the liquidity changes as you are placing your lay bet and your bet does not 'fully match', you can use this guide to help resolve this.
Load up the matched betting calculator and enter:
- Back Stake
- Back Odds
- Exchange Lay Odds
- Lay Commission (Betfair = 5, or 2 if you clicked our link)
The commission for Betfair exchange is 5% as default. If you registered via our promotional link, you will receive 2% commission on all bets.
Place your exchange lay bet
Use the lay amount from the calculator in Step 2 and enter that into the 'Backer's Stake' on the exchange.
Again, do a 'liquidity' check explained in Step 1 to ensure there is enough money available to lay your stake.
The 4 x £5 free bets are added shortly after your trigger bet is settled. The free bets have no expiry date.
We now repeat Steps 1 to 3 as we did in the trigger bet part with one change in each step.
Choose a team with higher odds to make a larger profit:
|£20 Free Bet
For this week's free bet selections, check out the Selections Guide and scroll to the bottom of the page to view the "free bet" selections.
Select 'Free Bet SNR' in the Calculator as 'bet type'.
Place a lay bet to lock in profit from the free bet
For the Exchange lay bet, you only place this once. This is because you entered £20 into the calculator in Step 2 and so have all 4 x £5 free bets covered as one.
Check the liquidity is higher than your required stake.
Once the free bet has settled...
Easy money! If your trigger bet or free bet won in Sky Bet, then withdraw these winnings.
The profit doesn't stop there!
You can earn £3.25 every single week from Skybet by completing their Weekly Bet Club offer. Click here to find out more!
Mark the offer as complete and move onto the next offer: