+£22
25 mins
Sky Bet
Bet £5, Get £30 in Free Bets•25 mins
Bet £5, Get £30 in Free Bets
+£22What is Sky Bet?
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.
Launched
2000
Google Play
4.6 (45k)
★★★★★★
Key Terms
Profit
+£22
Deposit£5 Sky Bet + £150 Smarkets
Qualifying bet£5 at odds 2.0+
Deposit methodDebit card only
Qualification window30 days from registration
Free bet expiry30 days
Free bet creditedOn bet settlement
Step by Step Guide
Dan's overview
Optional·3 min read
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.
1
Sign up with Sky Bet
10 mins
- Click the button below to go to Sky Bet.
- Register an account and deposit £5 using a debit card. Neteller and Skrill deposits won't qualify.
- Switch to decimal odds: go to Settings and change Odds Format to Decimal.
2
Place your £5 qualifying bet
5 mins
Place within 30 days of registering
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.
Find Your Qualifying Bet- We find odds that qualify, so you don't have to search
- Keeps your qualifying loss as small as possible
- You get exact stakes and direct links to place both bets
3
Turn your 3 × £10 free bets into cash
5 mins
Your free bets will be credited once your qualifying bet settles. Use within 30 days.
Turn Free Bets Into Cash- We find a live match that keeps as much of your free bet value as possible
- Won't exceed your Smarkets balance
- You get the exact stakes to place on both sides
4
Withdraw your funds
5 mins
- Once all your free bet matches have finished, check your Sky Bet account balance.
- Withdraw any remaining money in Sky Bet to your bank account.
- Check your Smarkets balance. Move your Sky Bet profit into Smarkets too. A bigger exchange balance lets you tackle higher-value offers next, some worth £30–50+ each.
- Don't close your Sky Bet account. Bookmakers sometimes send existing customers extra free bet offers.
Offer Complete
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.
