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Sky Bet are one of our all time favourite bookmakers.
The regular offers they provide are among the best in the betting industry – so it’s only fitting we start your matched betting journey by walking you through their sign up offer.
Access our video guides, matched betting calculators & more instantly. Everything on our site will always be 100% free to use.
Sign up to Smarkets and Sky Bet using the links below to get the correct welcome offers. You may be asked to verify your accounts during registration (e.g. with a copy of a Photo ID).
Mug (or Over) Depositing. Although the minimum first deposit into Sky Bet is £5 we recommend depositing £10-£15 or more if you can (if you can’t don’t worry – it’s not a big deal).
Why do we recommend this? Well you will immediately appear as a ‘good customer’ and this helps increase your chances of receiving more and regular existing customer free bets and other promotions from which you can profit from long-term.
To turn the fractional odds displayed at Sky Bet into decimals:
For this first qualifying bet, we recommend selecting a team to bet on at Sky Bet with odds between 2.00 and 2.80. This is to keep your liability (balance needed in Smarkets) low.
For clarity, if you select a team with odds of 1.85 (which is below the minimum odds), and place this bet, Sky Bet will not then grant you your free bets.
HOT TIP: Remember the lay odds at Smarkets are in the BLUE BOXES.
Ideally you need a maximum 10% (or around 0.2) increment between the back odds at Sky Bet and the lay odds at Smarkets.
As an example, if the team you select at Sky Bet have odds of 2.5, your Smarkets lay odds should not be higher than 2.7. This is make sure your Qualifying Loss is as small as possible.
You will now need to enter:
The calculator then works out your lay stake amount.
This is the amount you will use at Smarkets for your against bet.
> At this point you must always check the liability amount on your calculator. Your balance in Smarkets must be the same or larger than the liability amount. If your Smarkets balance is less than the liability, you can not do your Qualifying bet until you top up your Smarkets balance first.
> It’s also a good idea to check the liquidity available in Smarkets is greater than your stake amount (the liquidity is the small silver numbers in £ that are under your lay odds blue box) . Ideally your liquidity should be at least double your lay stake amount.
HOT TIP: For the bet £5 Get £20 offer, £5 is the minimum stake needed to unlock the free bets at Sky Bet. To appear as a good customer and increase your chances of unlocking more offers you can bet £10 or more instead if you are able to.
The matched betting rule is to always put your bookmaker bet through first. So place your bet at Sky Bet.
As soon as your Sky Bet bet has been placed and confirmed, you must now use your lay stake (as shown in your calculator) to place your against bet at Smarkets.
At Smarkets, just click the correct blue box lay odds, write the lay stake amount in your betslip, then click Place Bet and Confirm Bet.
Your 2 x £10 free bets will be credited shortly after your qualifying bet settles. Usually these free bets have a 30+ day expiry.
All we have to do now is repeat the same process we used to do our Qualifying Bet with our Free Bets – but with a few slight differences to ensure we make ourselves a certain profit.
We recommend doing each of the two £10 free bets separately on two different teams (from different games) if you can.
We need to find bets with higher odds in order to extract a larger profit from the free bets.
We have created a table for you below to see what amount of liability you will need in Smarkets to obtain certain profits from each £10 free bet.
To help you out, we also talk about the best matches to place your free bets on in our weekly Potential Bet Selections Blog.
Enter your free bet stake, with your back odds from Sky Bet and lay odds from Smarkets.
The calculator will work out the lay stake amount you need to use at Smarkets to make your profit. Here’s an example of what your calculator will look like:
Before placing your free bet, remember to do your two important checks:
Smarkets balance is greater than the liability in the calculator
Liquidity at Smarkets (silver numbers in £ under blue lay odds box) is greater than your stake amount
HOT TIP: It’s good practice to double check everything before placing your bets.
As you know, you will make your profit using the free bets provided by Sky Bet, so don’t forget to select to use the Free Bet in your bet slip before placing your bet at Sky Bet.
Once the free bet is confirmed at Sky, then you can lay the bet off at Smarkets using the lay stake worked out by your Profit Bet Calculator.
Now all you have to do is repeat the process with your remaining £10 free bet. Don’t forget to find a different team to bet on from a different game from the one you’ve already done.
You have just secured some more matched betting profit with the Wild Dog Profits team!
There is much much more to come!
HOT TIP: Don’t forget to log your profit in our profit tracker here.
Visit our Potential Bet Selections blog to find Qualifying and Free Bets available this week.
There are 4 ways to ask for help
Visit our Knowledge-base which includes many matched betting FAQs
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