Skybet - £11.12 No Risk Profit

(last updated : 20/05/2008)

SkyBet are offering a £20 free bet for each new customer that signs up and places a bet sized £20 or more. The £20 free bet will be credited to your account shortly after placing your first bet. The free £20 stake is not returned if you win, simply the winnings, but we can still take advantage of this offer to make a nice profit! As with all the offers explained across the nrbet site, you require a Betfair account to take full advantage. If you do not have a Betfair account already, please click here to sign up, or click here to be taken to our latest no risk profit deal for the Betfair sign up promotional offer.

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As always, the nrbet team has calculated the best bets for you to place to take full advantage of this offer, to ensure guaranteed profit. We suggest to place the following bets

Man Utd Vs West Ham
Barclays Premiership
12:45 Saturday 03/05/2008

BACK Man Utd. to win at Skybet at 1/6 with £20.00
LAY (What Does Lay Mean?) Man Utd. to win at Betfair at odds of 1.21 with £20.00 (this is the backer's stake) which requires you to have £4.20 in your Betfair account to cover this bet.

Outlay : £24.20 (£20 @ Skybet + £4.20 @ Betfair)
Minimum Return :£23.20 (regardless of the score, either Betfair or Skybet will have £23.20 available to withdraw)
Profit/Loss : -£1.00

You have now made a loss of £1.00, but will now be elligible to receive a £20 free bet.

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The £20 free bet is usually credited to your account very quickly. When the free £20 bet is credited we suggest placing the following bets :

Reading Vs Tottenham
Barclays Premiership
15:00 Saturday 03/05/2008

BACK Tottenham at Skybet at 11/5 with the £20 free bet
LAY (What Does Lay Mean?) Tottenham at Betfair at odds of 3.5 with £12.75 (this is the backer's stake) which requires you to have £31.88 in your Betfair account to cover this bet.

Outlay : £31.88
Minimum Return :£44.00 (regardless of the score, either Betfair or Skybet will have £44.00 available to withdraw)
Profit/Loss : £12.12

So a £1.00 loss to get the £20 free bet, then a £12.12 profit from using the free bet. The overall profit for signing up to Skybet is a guaranteed risk free £11.12.