Tokyo 2020 Olympics Offer – Novibet

The Tokyo 2020 Olympics get underway on Friday and you don’t want to miss this Novibet free bet offer! Simply place 4 or more single bets on Olympic Games markets on Friday or Saturday and Novibet will give us a £10.00 free bet. Translated into matched betting terms, this gives us a guaranteed profit of £11.00 and here’s how…

Key terms

• Promotion is valid on Friday 23rd July 2021 and Saturday 24th July 2021.
• Applies to our first 4 different pre-match or in play bets on Olympic Games markets.
• Minimum total wager of £50.00.
• Minimum stake of £5.00 per bet.
• Minimum odds of 1.70 (7/10).

Qualifying bets

If you’d like more information about qualifying bets and how they work, please see my qualifying bets guide.

We need to place 4 bets totalling £50.00 or more. It’s entirely up to you what stakes you go for. You could place four straight bets of £12.50 or you could mix the stakes up and place bets of £5.00, £10.00, £15.00 and £20.00.

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

Open Betfair Account

• 0% commission for 60 days

Open Smarkets Account

We can calculate our lay stakes using my Matched Betting Calculator.

Aim to lose no more than £2.50 on our qualifying bets

Free bets

Our £10.00 free bets will be credited within 24 hours of our respective qualifying bets 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 bets into 80% cash, so £8.00. If we take into account our total expected daily qualifying loss of £2.50, this gives us a guaranteed daily profit of £5.50.

With the offer running on both Friday and Saturday, that’s an overall guaranteed profit of £11.00 on this Novibet offer!