SkyBet Bet Club
The SkyBet Bet Club is for existing customers of SkyBet and can be claimed on a weekly basis. Bet clubs are a great way to generate a steady profit each week from matched betting and there are many bookmakers which offer them. Bet clubs and loyalty schemes are generally easy to participate in and quick to do, making them a great way to lock in profits at the beginning of each week.
what is the skybet bet club?
SkyBet rewards customers with a £5 Free Bet when they place £25 of more worth of bets in a given week. The £25 worth of bets must be placed at odds of evens (2.0) or greater and must be placed before midnight on Sunday to qualify.
The SkyBet Bet Club is available to existing customers every week and all you need to get started is to opt into the promotion via the SkyBet promotions page.
skybet bet club key terms
how to profit from the skybet bet club
Generating a profit from the SkyBet Bet Club is quick and simple. First you need to qualify for your free bet. To do so, you need to place a bet or a series of bets which total £25 or more which have odds of 2.0 or greater. Some people prefer to complete all their bet clubs and loyalty schemes early in the week to get them done while other prefer to place a series of bets throughout the week. Either way is fine and you will still qualify for the free bet on the following Monday but placing a series of bets may make you look like a more natural punter to the bookmaker and not that you are just placing a £25 bet in order to receive the free bet.
Step 1 : place your qualifying bet
For this example, we will place one £25 bet. If you wish to place multiple bets, simply repeat this process for each bet at smaller stakes which total or exceed £25.
The key to generating as much profit as possible from this offer is to find close matches. If you do, you will incur minimum qualifying losses which, in turn, will increase your overall profit.
To find a close match, use an odds matcher from a matched betting site such as MatchedBets.com or OddsMonkey.com. Any odds matcher which displays odds for SkyBet will do. Use the filter in the odds matcher to display only results for SkyBet and set the minimum odds to 2.0.
A quick search on the MatchedBets odds matcher shows us that Gillingham to beat Plymouth is 3.1 with SkyBet and also 3.1 with Smarkets. This is a good match and we should only incur a small qualifying loss. To find out what our lay stakes should be we need to use a matched betting calculator.
Entering the odds into the calculator shows us that if we lay Gillingham on Smarkets with a stake of £25.16, we will make a £0.34 loss on our qualifying bet.
This is an acceptable qualifying loss considering we are gaining a £5 free bet by doing so.
After you have placed your bet with SkyBet and your lay bet with the betting exchange you will receive a £5 free bet in your SkyBet account by 7pm on the following Monday.
Step 2 : Using your free bet to make a profit
Now that we have received our £5 free bet, we need to repeat the process in order to return an overall profit.
To do so, we need to find another close match. When using a free bet, close matches with odds of 5.0 or greater return a higher profit.
Using the odds matcher again, we can see that Mujassam to win the 15:50 at Southwell has odds of 9.0 at SkyBet and odds of 9.2 at Matchbook.
Lets enter those odds into the calculator to see what our overall profit will be.
By selecting the 'Free Bet' option on the calculator and entering the back and lay odds for Mujassam to win, we can see that we would generate a profit of £4.26 if the horse wins and £4.28 if it doesn't.
We incurred a qualifying loss of £0.34 on our qualifying bet and so we have made an overall profit of £3.93 from this offer.
The SkyBet Bet Club is a great offer which can be completed every week and is easy to do and takes little time. A good profit can be made from the £5 free bet as you have a full week to find a good match.
Bet clubs and loyalty schemes can be very profitable in general and it is advised all matched bettors participate in them as much as they can.
As mentioned previously, the key to extracting maximum profits to is keep qualifying losses to a minimum which means finding close matches. By using an odds matcher at a matched betting site such as MatchedBets.com or OddsMonkey.com it makes the process quick and easy.
T&C's: 18+. opt-in required. min total stake £25. min odds 2.0. cashed out bets do not count. cash bets only. max free bet per week £5. free bet stakes not included in returns. T&C's apply. begambleaware.org