Understanding The Conditions

Before placing your bet, you need to make sure you understand the conditions of the offer beforehand. Each Weekly Bet Club (WBC) has its own set of conditions to qualify for the offer. Make sure that you read the terms and conditions beforehand.

Here, we’ll be using the Sky Bet Club (SBC) offer as our example.

When reading the terms and conditions, you need to understand the key information for completing the WBC. Here are the key information for completing the SBC offer:

• Qualifying Stake: You need to bet at least a total of £25 to unlock a £5 free bet. A total of at least £25 needs to be staked and settled by the end of the week, and each bet should be at least £5; for example, this can be 5 x £5, 3 x £10, or 1 x £25 etc
• Number Of Bets: The SBC does not require a specific number of bets as long as you meet the qualifying stake explained above. Other WBCs may require a set number of bets and/or stakes; for example, at least 5 x £10 to qualify
• Minimum Odds: Each bet must placed at odds of at least 1/1 (2.0) or greater
• Sport: Bets can be placed on any sport
• Time/Date Of Payout: Free bet will be paid out on the following Monday
• Restrictions On Free Bet: Free bet can be placed on any sport. Free bet does not expire

The above information are correct at the time of writing.

Other WBCs may have additional conditions but the above are the key information to look out for.

Odds Display

Before you start, make sure that the odds display is set to decimals (e.g. 2.0), not fractions (e.g. 1/1). The odds display can usually be changed on the main page or within the settings page. If you cannot locate where to change this, contact the bookmaker’s support team for help.

Guide To Profiting From A Weekly Bet Club

The process of profiting from the SBC is very straightforward and much like a basic ‘Bet X, Get Y’ Offer, it consists of two steps: 1) the Qualifying Bet, and 2) the Free Bet. Let’s guide you through these steps in more detail!

Step 1: Placing The Qualifying Bets

In order to receive the £5 free bet, we need to first bet £25 of our own money. Once we placed our £25 bet, we will then qualify for and receive the £5 free bet on the following Monday after our bet is settled by the end of the week. As per the conditions of the SBC, you may choose to bet any amount you wish totaling at least £25, including betting the entire £25 at once. For the purposes of this guide and to keep the figures simple to follow, we’ll be placing a £5 qualifying bet.

The Qualifying Bet consists of two opposing bets: a back bet and lay bet – click here for a more detailed explanation of these bets.

As our first step, we need to make a selection to place our £5 back bet on. As this first step is exactly the same as Step 1 of our ‘Bet X, Get Y’ Offer strategy, you may refer back and follow this step if you choose to complete the WBC with the free Matched Betting Calculator. However, we personally prefer to use the Premium OddsMatcher, as it enables us to complete WBCs much quicker! And as we have already shown you how to complete ‘Bet X, Get Y’ type offers using the free Matched Betting Calculator, we’ll be showing you here how to complete the SBC using the Premium OddsMatcher!

Without needing to manually search for the appropriate odds across Sky Bet and the betting exchange, we can instead simply open up the Premium OddsMatcher, which automatically brings up a list of close matches between both the bookmakers and exchanges currently available, and then filter the list to only show close matches for Sky Bet and our preferred exchange (in our case, Smarkets)!

From this list, we selected the top result – Santa Clara to win at back and lay odds of 2.5 and 2.62 for Setubal vs. Santa Clara.

Odds can fluctuate at any time, which was the case here as soon as we opened this selection in the Premium OddsMatcher Calculator. The lay odds for Santa Clara increased from 2.62 to 2.64. Fortunately, the increase was only very slight and still gave us a reasonable Qualifying Loss (QL) of -£0.27 for our £5 stake.

Without needing to enter all the key figures ourselves, the Premium OddsMatcher Calculator already does the calculation for us as soon as we open it! The only thing we need to change is our back bet amount to £5 and the Premium OddsMatcher Calculator instantly recalculates the figures to reflect this change!

Also, without needing to manually search for the Setubal vs. Santa Clara match on Sky Bet and Smarkets, we can instead access the pages where that match is listed directly from the Premium OddsMatcher Calculator! To access the match on Sky Bet, we can simply click ‘Go To Sky Bet’ (as highlighted in the green box), where we’ll be taken directly to the Sky Bet page where that match is listed.

Once we land on the page at Sky Bet, we place a £5 back bet for Santa Clara to win as normal. On some bookmakers, including Sky Bet, not only will you get directed to the appropriate match listed, but the Premium OddsMatcher Calculator can also automatically select your bet and enter your chosen stake in the bet slip!

Next, as part of the normal matched betting process, once we have placed the back bet, we then need to place the same lay bet. To access the match on Smarkets, we can simply click ‘Go To Smarkets’ (as highlighted in the green box), where we’ll be taken directly to the Smarkets page where that match is listed and place our lay bet as normal.

However, did you know that there’s an even simpler way to place your lay bet? Instead of needing to land on the Smarkets page, we can instead simply click ‘Lay the bet’ (as highlighted in the red box) and our lay bet is instantly placed at Smarkets in accordance to the figures calculated by the Premium OddsMatcher Calculator (in our case, a lay bet of £4.73, giving us £7.76 in liability)!

Once we’re done, we log the matched bet into our OddsMonkey Profit Tracker.

As you can see, our bet/stake is now tracked in the SBC and our OddsMonkey Profit Tracker.

As with any basic matched bet, regardless of the outcome of the match, our back and lay bets cancel eachother out, resulting in the same minor QL. And of course, it does not matter to us whether Santa Clara wins the match or not.

Since we only staked £5 at this point, we need to place further qualifying bets in order to complete the SBC. We simply repeated the above process a few more times until we managed to stake a total of £25 by the end of the week. You can see here that we eventually completed the SBC and qualified for our £5 free bet!

We received our £5 free bet on the following Monday and the SBC was reset at the start of the week, ready for us to bet again and qualify for another free bet! If you don’t receive your free bet or bonus within the stipulated time frame, we recommend contacting the bookmaker’s support team for assistance.

Fortunately, the SBC offers a tracking page to let you know how much you have staked and how much you have left remaining to complete the offer. Not all WBCs offer a tracker, in which case, you will have to track your qualifying bets yourself by monitoring your betting history within your bookmaker account or your OddsMonkey Profit Tracker.

Step 2: Using The Free Bet

Much like a basic ‘Bet X, Get Y’ Offer, Step 1 was about qualifying for the free bet; Step 2 is where we make our profit!

Again, once we have received our free bet, it is a simple case of repeating the same process as Step 1, but this time using our free bet instead of betting with our own money. Much like the Qualifying Bet, unlocking guaranteed profit from free bets consists of two opposing bets: a back bet and lay bet – click here for a more detailed explanation of these bets.

Because Step 2 here is exactly the same as Step 2 of our ‘Bet X, Get Y’ Offer strategy, you may refer back and follow this step if you choose to complete the WBC with the free Matched Betting Calculator. Here, we will continue our guide using the Premium OddsMatcher.

Just like before, we need to make a selection. As a quick criteria to help us make our selection for our free bet, we should ideally select:

• Odds of least 5.0 or greater; and
• SNR of at least 75% or greater

The SNR % is an indicator of how much value of the free bet we can unlock. So if the SNR is 80%, this means we can unlock 80% of the value of the free bet; in other words, we can unlock £8 in cash profit for every £10 free bet.

Our criteria helps us to maximise the value of the free bet. Our ideal target profit for free bets is approximately 70% to 80% of its value so:

• For a £20 free bet, we ideally want to unlock approximately £14 to £16 cash profit
• For a £10 free bet, we ideally want to unlock approximately £7 to £8 cash profit
• For a £5 free bet, we ideally want to unlock approximately £3.50 to £4 cash profit

When done correctly, it is not possible to unlock 100% of the value of free bets, because free bets are not real cash and hold no cash value, and so our calculation takes this into account – click here for a more detailed explanation of free bet returns. The above criteria isn’t strict but is simply a quick rule of thumb to guide you in the right direction.

We once again open up the Premium OddsMatcher, which automatically brings up a list of close matches between both the bookmakers and exchanges currently available, and then filter the list to only show close matches for Sky Bet and Smarkets.

From this list, we selected the top result – Sassuolo to win at back and lay odds of 8.5 and 9.0 for Atalanta vs. Sassuolo. You can see here that this selection gives us an SNR of 83.33%.

Again, without needing to enter all the key figures ourselves, the Premium OddsMatcher Calculator already does the calculation for us as soon as we open it. The only thing we need to change is our back bet amount to £5 and the bet type from ‘Normal’ to ‘Free Bet (SNR)’ to account for the free bet. SNR stands for ‘Stake Not Returned’, because you don’t receive the cash value of free bets as part of your winnings – click here for a more detailed explanation of free bet returns. The Premium OddsMatcher Calculator will instantly recalculate the figures to reflect these changes!

Just like in Step 1 above, we access the match on Sky Bet by simply clicking ‘Go To Sky Bet’, where we’ll be taken directly to the Sky Bet page where that match is listed.

Once we land on the page at Sky Bet, we place a back bet for Sassuolo to win. However, this time we are placing this bet with our free bet. Free bets usually appear when the bet slip is open. Here, we clicked the orange free bet icon from our bet slip and placed the bet.

The free bet in this case is a fixed free bet amount, meaning you can only bet fixed free bet amounts of £5. There are some bookmakers/offers that allow you to place any free bet amount up to a maximum amount; for example, if you have a £10 free bet, you may choose to bet 10 x £1, 5 x £2, 2 x £5, or 1 x £10 etc.

And of course, once we have placed the back bet, we then need to place the same lay bet. Once again, we simply click ‘Lay the bet’ and our lay bet is instantly placed at Smarkets in accordance to the figures calculated by the Premium OddsMatcher Calculator (in our case, a lay bet of £4.17, giving us £33.36 in liability)!

Once we’re done, we log the matched bet into our OddsMonkey Profit Tracker. As you can see, our matched bet is now tracked.

Because we are now using a free bet, the discrepancy between the odds at the bookmaker and exchange now enables us to guarantee a profit, regardless of the outcome of the match. You can see from our calculation above, that we are guaranteed an overall profit of £4.14! This clearly slightly exceeds our target profit of 70% to 80% of the value of our £5 free bet!

Regardless of the outcome of the match, both our bets cancel eachother out, resulting in the same overall profit! And just like before, it does not matter to us whether Sassuolo wins the match or not.

Congratulations! You have now successfully made your first profit from a WBC!

This entire process can be repeated every week, giving you consistent guaranteed income! And by adding multiple WBCs to your weekly routine, this will go far in helping you to build up significant income very quickly!

All of our calculations shown above factor in 0% exchange commission – that’s because as OddsMonkey Premium members, we benefit from 0% commission on Smarkets. However, if you are using a different exchange or are not yet an OddsMonkey Premium member, then you are likely to be paying commission on your winning exchange bets, and so your calculations would need to factor this in.

Factoring Commission

OddsMatcher

In this guide, we have shown you how to complete WBCs using the Premium OddsMatcher, because we believe that this is by far the best option, given the number of matched bets that you will have to place to complete them, especially when you have multiple WBCs to complete on a weekly basis. The Premium OddsMatcher enables you to get through each WBC quickly and efficiently. We have found choosing to do this process manually proved to be very time-consuming and inefficient.

We hope that by following this guide, you can see for yourself that completing a WBC using the Premium OddsMatcher is far more efficient than completing it manually. The Premium OddsMatcher is exclusive to OddsMonkey Premium members!