It’s Philadelphia 76ers v Utah Jazz early hours of Thursday morning and you don’t want to miss this Novibet free bet offer! Simply place a £30.00+ bet on Philadelphia 76ers v Utah Jazz in the NBA and Novibet will give us a £10.00 free bet. Translated into matched betting terms, this gives us a guaranteed profit of £5.86 and here’s how…
Key terms
- Applies to single in play or pre-match bets on Philadelphia 76ers v Utah Jazz.
- The match is scheduled to start at 00:00 on Thursday 4th March 2021.
- Minimum stake of £30.00.
- Minimum odds of 1.70 (7/10).
Qualifying bet
If you’d like more information about qualifying bets and how they work, please see my qualifying bets guide.
It’s entirely up to you what you place your qualifying bet on. Having looked at the odds available, we could place our qualifying bet on Philadelphia 76ers in the Money Line market at back odds of 2.35 (27/20) and lay odds of 2.50.
Either exchange works for this offer
Betfair and Smarkets are both great options for this offer. If you’ve not used one of them, now is a great time to give them a try.
- Money back as cash up to £20
- 0% commission for 60 days
We can calculate our lay stake using my Matched Betting Calculator…
As you can see, the calculator tells us that our lay stake should be £28.43…
Place £30.00 on PHI 76ers @ 2.35 = Potential profit of £40.50
Lay £28.43 on Philadelphia 76ers @ 2.50 = Potential liability of £42.64
Outcomes
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Novibet | Betfair | Profit/Loss |
|---|---|---|---|
| 76ers win | + £40.50 | – £42.64 | £2.14 loss |
| 76ers lose | – £30.00 | + £27.86 | £2.14 loss |
So, regardless of the outcome, we’ll lose £2.14 in qualifying for our £10.00 free bet.
Free bet
Our £10.00 free bet will be credited within 24 hours of our qualifying bet being settled and will be valid for 7 days. Free bet stakes are not included in any returns.
Using straightforward matched betting, we should be able to convert our free bet into 80% cash, so £8.00. If we take into account our qualifying loss of £2.14, this gives us a guaranteed profit of £5.86 on this Novibet offer!
* Philadelphia 76ers won the match 131-123, resulting in a profit of £5.86 on this Novibet offer. *
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £85,000 worth of profit, and made it my mission to make matched betting accessible to everyone.