
Sky Bet has been around since 2000, making it one of the UK’s longest-running online bookmakers. They’re part of Flutter Entertainment (the same group behind Paddy Power and Betfair) and fully regulated by the UK Gambling Commission.
Most people know the Sky name from TV and broadband. Their betting platform is separate but benefits from the same brand trust. We’re using the website or app for this offer.
Sky Bet’s welcome bonus earns you around £22 in locked-in profit. You put £5 into Sky Bet and place one qualifying bet (costs roughly 25p). They give you 3 × £10 free bets to turn into real cash.
You need about £155 total across your Sky Bet and Smarkets accounts, but none of that money is spent. It just moves between your accounts to cover both sides of the bet.
It takes about 25 minutes of actual work, spread over a couple of days while you wait for bets to settle. Once Sky Bet’s done, your exchange balance is ready for the next offer.
You'll use your existing Smarkets account for this one. If you haven't set one up yet, do that first with the Coral offer.
When you place a bet on Sky Bet, you also place an opposite bet on Smarkets to cancel it out. If Sky Bet's bet wins, Smarkets needs to pay the difference, and the £150.00 is there to cover that worst case.
You won't lose this money. It just needs to be in your Smarkets account while the bet settles. After the match, the unused balance is yours again.
Your qualifying bet earns you the free bets. By matching it on the exchange, you keep the loss tiny, typically 10–30p. In return, you get £30 worth of free bets to turn into real cash.
Don’t worry about finding the right match yourself. Tap ‘Find my qualifying bet’ below and we’ll scan upcoming fixtures, do the maths, and give you a link that opens Sky Bet’s betslip with the selection ready to go.
Done? Tick off each step above to see your total.
18+. Gambling can be addictive. If you feel you may have a problem, visit BeGambleAware.org. Matched betting involves placing bets with real money. While the mathematical approach minimises risk, losses can occur if instructions are not followed exactly.