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£5 Free Bet Every Week from Sky Bet

Sky_PokerSky_Poker
edited August 2013 in Poker Chat

In case you missed it, there's a new promotion from Sky Bet, the 'Free Bet Club'.

See here for full detail and T&Cs, but for a quick overview...


Qualify each week - Place a £5 accumulator on any sport with combined odds of 5/1 or more before midnight Sunday.

Free Bets - Your £5 free bet will then be credited by 7pm Monday for you to use on any sport.

Missed a week? - If you miss a week you're out! Place a £10 accumulator to get back in to the Club.
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Comments

  • calcalfoldcalcalfold
    edited July 2013
    Could we get clarification of how many selections need to be made for it to be considered an "accumulator" for the purpose of this promotion?

    Thanks
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  • splashiessplashies
    edited July 2013
    In Response to Re: £5 Free Bet Every Week from Sky Bet:
    Could we get clarification of how many selections need to be made for it to be considered an "accumulator" for the purpose of this promotion? Thanks
    Posted by calcalfold
    It's two or more.
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  • SmitalosSmitalos
    edited July 2013
    In Response to Re: £5 Free Bet Every Week from Sky Bet:
    Could we get clarification of how many selections need to be made for it to be considered an "accumulator" for the purpose of this promotion? Thanks
    Posted by calcalfold

    Free Bet Club Terms and Conditions:

    Please note:

    11. *An accumulator is classed as any bet which contains more than one selection

     

    The T+C. A beautiful thing.
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  • ACEGOONERACEGOONER
    edited August 2013
    Is this really a promotion or just another way of the bookie bashing the punters? I am gonna try this for a few weeks to see if its worthwhile. Otherwise, I will simply use other bookmakers who invariably offer better odds. 

    Sorry sky in my opinion, there was a deliberate reasoning behind this promo taking nearly 2 months to roll out because quite frankly its another example of sky diminishing the value it offers its customers.  
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  • gazza127gazza127
    edited August 2013
    In Response to Re: £5 Free Bet Every Week from Sky Bet:
    Is this really a promotion or just another way of the bookie bashing the punters? I am gonna try this for a few weeks to see if its worthwhile. Otherwise, I will simply use other bookmakers who invariably offer better odds.  Sorry sky in my opinion, there was a deliberate reasoning behind this promo taking nearly 2 months to roll out because quite frankly its another example of sky diminishing the value it offers its customers.  
    Posted by ACEGOONER
    Not sure I agree with this.  Place a £5 bet on an acca every single week... get it back win or lose.  Whats the issue?

    Maybe the odds on sky are bested by others, but the promotion here is something I havent seen elsewhere and I quite like the idea of it.  You only have to win 1/5 of your accas to guarentee profit... something which is very achievable if you dont go crazy sticking a 10-fold on each week, with the added bonus that you get your stack back to bet on what you would have been betting on anyway.  Win/win.
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  • LARSON7LARSON7
    edited August 2013
    Usually stick on a fiver on a Saturday, accumulater for the football.

    Sounds like a good promo.

    Never been in the betting bit of the forum but might give it a go for tips, on a 3-4 team accumulater.

    Or might just do it on one of my threads lol
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  • DOHHHHHHHDOHHHHHHH
    edited August 2013
    In Response to Re: £5 Free Bet Every Week from Sky Bet:
    Is this really a promotion or just another way of the bookie bashing the punters? I am gonna try this for a few weeks to see if its worthwhile. Otherwise, I will simply use other bookmakers who invariably offer better odds.  Sorry sky in my opinion, there was a deliberate reasoning behind this promo taking nearly 2 months to roll out because quite frankly its another example of sky diminishing the value it offers its customers.  
    Posted by ACEGOONER

    You'll have to run good to get positive results over that sample. You're expected to win maximum once every 6 weeks over time, hence 5/1.

    Great promo, any chance of unblocking my skybet exclusion? I knew I'd regret it :(
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  • ACEGOONERACEGOONER
    edited August 2013
    In Response to Re: £5 Free Bet Every Week from Sky Bet:
    In Response to Re: £5 Free Bet Every Week from Sky Bet : Not sure I agree with this.  Place a £5 bet on an acca every single week... get it back win or lose.  Whats the issue? Maybe the odds on sky are bested by others, but the promotion here is something I havent seen elsewhere and I quite like the idea of it.  You only have to win 1/5 of your accas to guarentee profit... something which is very achievable if you dont go crazy sticking a 10-fold on each week, with the added bonus that you get your stack back to bet on what you would have been betting on anyway.  Win/win.
    Posted by gazza127

    You dont get it back, you get a free £5 bet. If you back an evens shot, then you win £5 not £10 as normal as sky wont give you credit for the initial stake. Finding a 5/1 accumulator is easier said than done. When you do the maths, you are probably better off using other sites because the return when you win will be greater. 

    Under the old rules, you had to bet £10 a day to get a £1 stamp which could be used for free bets up to £20 or have £20 knocked off your sky bill. Because sky didnt carry out any due dilligence when they put this promo out, it was possible to back a live event where the outcome was a certainty, eg back arsenal to win in the last minute vs spurs when they are winning 5-2.



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  • ACEGOONERACEGOONER
    edited August 2013
    In Response to Re: £5 Free Bet Every Week from Sky Bet:
    In Response to Re: £5 Free Bet Every Week from Sky Bet : You'll have to run good to get positive results over that sample. You're expected to win maximum once every 6 weeks over time, hence 5/1. Great promo, any chance of unblocking my skybet exclusion? I knew I'd regret it :(
    Posted by DOHHHHHHH
    IMO based on your publicised tips this is +ve. Will save you money in the long run being excluded!
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  • jdsallstarjdsallstar
    edited August 2013
    I originally didn't like this promotion but its growing on me.

    If you tend to bet £5 per week in others bets (which I do) then surely it's just a freeroll accumulator every week?! that can't be a bad thing.
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  • SmitalosSmitalos
    edited August 2013
    In Response to Re: £5 Free Bet Every Week from Sky Bet:
    In Response to Re: £5 Free Bet Every Week from Sky Bet : You'll have to run good to get positive results over that sample. You're expected to win maximum once every 6 weeks over time, hence 5/1. Great promo, any chance of unblocking my skybet exclusion? I knew I'd regret it :(
    Posted by DOHHHHHHH
    How long you got left to serve, Doh?
    1.5yrs, 3.5 to go for me :( In the same camp sadly. I want to degennnnnnnnnnnuhhhhhhh
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  • ACEGOONERACEGOONER
    edited August 2013
    In Response to Re: £5 Free Bet Every Week from Sky Bet:
    I originally didn't like this promotion but its growing on me. If you tend to bet £5 per week in others bets (which I do) then surely it's just a freeroll accumulator every week?! that can't be a bad thing.
    Posted by jdsallstar
    Its only a freeroll if your free bet wins ! So you need to find an evens shot every week to be cash neutral. Of course when you bink your accy its happy days. I dont think peeps understand how the free bet works. 
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  • DOHHHHHHHDOHHHHHHH
    edited August 2013

    It's a freeroll whether u win or not Gooner.

    Is the priority freeroll only a freeroll if you cash? :/

    Just seen this in my profile thing btw.

    "Your account block has expired. Please call our customer care on 08000 724 777 to regain access to your account."

    Lookout skybet, I'm coming for ya!!!!!!!!! :D:D:D

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  • MAXALLYMAXALLY
    edited August 2013
    In Response to Re: £5 Free Bet Every Week from Sky Bet:
    It's a freeroll whether u win or not Gooner. Is the priority freeroll only a freeroll if you cash? :/ Just seen this in my profile thing btw. "Your account block has expired. Please call our customer care on 08000 724 777 to regain access to your account." Lookout skybet, I'm coming for ya!!!!!!!!! :D:D:D
    Posted by DOHHHHHHH

    Over or under on the self exclusion again by the end of the w/end?

    ☺
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  • MAXALLYMAXALLY
    edited August 2013



    ....and a question for those in the know....

    Are L15's or Patents classed as accumulator bets or not?
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  • gazza127gazza127
    edited August 2013
    In Response to Re: £5 Free Bet Every Week from Sky Bet:
    In Response to Re: £5 Free Bet Every Week from Sky Bet : You dont get it back, you get a free £5 bet. If you back an evens shot, then you win £5 not £10 as normal as sky wont give you credit for the initial stake. Finding a 5/1 accumulator is easier said than done. When you do the maths, you are probably better off using other sites because the return when you win will be greater.  Under the old rules, you had to bet £10 a day to get a £1 stamp which could be used for free bets up to £20 or have £20 knocked off your sky bill. Because sky didnt carry out any due dilligence when they put this promo out, it was possible to back a live event where the outcome was a certainty, eg back arsenal to win in the last minute vs spurs when they are winning 5-2.
    Posted by ACEGOONER
    Still dont see the issue here.  Its basically getting a free shot at a 5/1 acca each week which i see no issue with.

    RE bolded bit: I work in a company which specialises in football and betting... in fact im the head analyst so i'd like to know what this maths includes.

    I see it as:

    You have £20 to play with each week.  You bet £5 on an acca at 5/1.  Pay out £25 if you win (inc stake).  If you lose you get £5 free bet.
    Balance if win £40 + £5 free bet.
    Balance if lose £15 + £5 free bet.

    If youve lost, put the £5 bet on something you might be betting on anyway at say evens.

    Balance if win £20 assuming initial stake is lost.
    Balance if lost £15.

    I just dont see the quarms with this promotion.  If you are placing accumulators anyway then you are getting a second free bet to try and get your stake back.  If you aren't then ignore the promotion.

    RE the finding 5/1 difficult.... seriously?  Three games at evens will do it.
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  • Sky_PokerSky_Poker
    edited August 2013
    In Response to Re: £5 Free Bet Every Week from Sky Bet:
    I originally didn't like this promotion but its growing on me. If you tend to bet £5 per week in others bets (which I do) then surely it's just a freeroll accumulator every week?! that can't be a bad thing.
    Posted by jdsallstar
    Glad you like it.
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  • ACEGOONERACEGOONER
    edited August 2013
    In Response to Re: £5 Free Bet Every Week from Sky Bet:
    It's a freeroll whether u win or not Gooner. Is the priority freeroll only a freeroll if you cash? :/ Just seen this in my profile thing btw. "Your account block has expired. Please call our customer care on 08000 724 777 to regain access to your account." Lookout skybet, I'm coming for ya!!!!!!!!! :D:D:D
    Posted by DOHHHHHHH

    Im sure they are trembling in their boots, you're right about the freeroll but I cba to explain myself !

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  • FlashFlushFlashFlush
    edited August 2013
    Sky, is it just one free bet maximum? Or is it say 3x accumulators that meet the requirements you get 3x £5 free bets? I looked at the T&C and can't see anything.
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  • LARSON7LARSON7
    edited August 2013
    In Response to Re: £5 Free Bet Every Week from Sky Bet:
    In Response to Re: £5 Free Bet Every Week from Sky Bet : Still dont see the issue here.  Its basically getting a free shot at a 5/1 acca each week which i see no issue with. RE bolded bit: I work in a company which specialises in football and betting... in fact im the head analyst so i'd like to know what this maths includes. I see it as: You have £20 to play with each week.  You bet £5 on an acca at 5/1.  Pay out £25 if you win (inc stake).  If you lose you get £5 free bet. Balance if win £40 + £5 free bet. Balance if lose £15 + £5 free bet. If youve lost, put the £5 bet on something you might be betting on anyway at say evens. Balance if win £20 assuming initial stake is lost. Balance if lost £15. I just dont see the quarms with this promotion.  If you are placing accumulators anyway then you are getting a second free bet to try and get your stake back.  If you aren't then ignore the promotion. RE the finding 5/1 difficult.... seriously?  Three games at evens will do it.
    Posted by gazza127
    How do you work out odds again?

    If it's £1 3 evens.

    £1 would be £2if team a wins. £4 in team 2 wins, £8 if team 3 wins, minus £1 so this is 7-1?

    My dad taught me when I was a kid but have forgotten lol, is it something like plus 1 for all bets, times them, and minus 1?

    So 3 evens, 2 2 2 timesed minus 1?
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  • jdsallstarjdsallstar
    edited August 2013
    In Response to Re: £5 Free Bet Every Week from Sky Bet:
    In Response to Re: £5 Free Bet Every Week from Sky Bet : Still dont see the issue here.  Its basically getting a free shot at a 5/1 acca each week which i see no issue with. RE bolded bit: I work in a company which specialises in football and betting... in fact im the head analyst so i'd like to know what this maths includes. I see it as: You have £20 to play with each week.  You bet £5 on an acca at 5/1.  Pay out £25 if you win (inc stake).  If you lose you get £5 free bet. Balance if win £40 + £5 free bet. Balance if lose £15 + £5 free bet. If youve lost, put the £5 bet on something you might be betting on anyway at say evens. Balance if win £20 assuming initial stake is lost. Balance if lost £15. I just dont see the quarms with this promotion.  If you are placing accumulators anyway then you are getting a second free bet to try and get your stake back.  If you aren't then ignore the promotion. RE the finding 5/1 difficult.... seriously?  Three games at evens will do it.
    Posted by gazza127

    This is what I thought I don't do accumulators so no benefit to me at all and I was going to ignore the promotion entirely but it's actually very useful to me.

    I bet about £10-£20 per week on the golf. So I can put my acca on the Saturday and win or lose I can use the free bet that I get on the monday to do my golf bets that I would have done anyway!

    Before promotion:

    £20 bet on golf

    After promotion

    £5 acca

    £15 + £5 free bet on golf


    Only downside is if you miss a week you have to put on a £10 acca to get back in.

    It's no use to you if you don't tend to bet £5 a week or place £5 accumulators.
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  • gazza127gazza127
    edited August 2013
    You're right Larson for fractions.  I work in decimals. its much easier.  5/1 is something like 1.83 (in decimals per game) across three games which is just over 4/5 and not evens.... but just said evens for simplicity lol.


    Think I made this sound a lot more complicated than it is.

    3 games at odds of roughly 4/5 or 1.83 will acheive accumulated odds of roughly 5/1 or 6.


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  • ACEGOONERACEGOONER
    edited August 2013
    In Response to Re: £5 Free Bet Every Week from Sky Bet:
    In Response to Re: £5 Free Bet Every Week from Sky Bet : Still dont see the issue here.  Its basically getting a free shot at a 5/1 acca each week which i see no issue with. RE bolded bit: I work in a company which specialises in football and betting... in fact im the head analyst so i'd like to know what this maths includes. I see it as: You have £20 to play with each week.  You bet £5 on an acca at 5/1.  Pay out £25 if you win (inc stake).  If you lose you get £5 free bet. Balance if win £40 + £5 free bet. Balance if lose £15 + £5 free bet. If youve lost, put the £5 bet on something you might be betting on anyway at say evens. Balance if win £20 assuming initial stake is lost. Balance if lost £15. I just dont see the quarms with this promotion.  If you are placing accumulators anyway then you are getting a second free bet to try and get your stake back.  If you aren't then ignore the promotion. RE the finding 5/1 difficult.... seriously?  Three games at evens will do it.
    Posted by gazza127
    The only way to clarify this is to have a real life example of how skys odds are generally lower than their competitors. So if a 5/1 accy on sky is worth say 7/1 on another site then taking this deal with a free bet at evens means you are not better off, no? Ok granted the free bet does give you the chance to get your money back but in the long run its more +ve to go for value accumulators than stick with sky for the promo assuming that you are a winning sports bettor. If you dont win, then forget about the promo. 

    As for picking football matches where the odds are evens, thats exactly what the bookies want you to do because for sure you will end up with one of your selections bombling out. 
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  • gazza127gazza127
    edited August 2013
    In Response to Re: £5 Free Bet Every Week from Sky Bet:
    In Response to Re: £5 Free Bet Every Week from Sky Bet : The only way to clarify this is to have a real life example of how skys odds are generally lower than their competitors. So if a 5/1 accy on sky is worth say 7/1 on another site then taking this deal with a free bet at evens means you are not better off, no? Ok granted the free bet does give you the chance to get your money back but in the long run its more +ve to go for value accumulators than stick with sky for the promo assuming that you are a winning sports bettor. If you dont win, then forget about the promo.  As for picking football matches where the odds are evens, thats exactly what the bookies want you to do because for sure you will end up with one of your selections bombling out. 
    Posted by ACEGOONER
    I totally understand what you mean relative to the 5/1 v 7/1 thing.  And i'll admit I usually use another bookie (one that is open every day of the year *ahem*) for my bets.  However it is a free bet each week regardless of wins or loses.

    However,
    Say you win one in every four 5/1 accas on sky during this promotion.  £20 goes into £30 + £20 in free bets = £50 total worth of betting left.

    If you get the same accas at 7/1 on mr joe bloggs site and win one in every four... £20 goes into £40. Total.

    That means that with youre free £20 quid youve gotten over a month you need to achieve a profit of £10 to match other website - definitely achievable.

    Theres still value in the promotion for sure.

    And RE the higher odds selection... one of my main focusses in my job is to determine the best way to assess and achieve the best ROI in sports betting.  Analysis has showed that picking teams like Man Utd at odds of 1.2 and Barcelona at 1.1 are -ve and picking games at odds of 1.8-2.5 each game are +ve in trebles.  If you pick three games at 1.2 because you are are much more sure these games are going to come off then you have to win something like 60-65% of your trebles to break even.  If you do the same at odds of 1.8 then you only have to win something like 25% to break even... and there is litterally no point in picking 10 games at odds of 1.2 resulting in a 5/1 acca.  That is a lot more variant than picking 3 games at 1.83, so i'd definitely be keeping to odds around 1.8 or more regardless of the promotion.
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  • IDONKCALLUIDONKCALLU
    edited August 2013
    bout time sky done summit i mean all the other sites give better odds 

    and on certain meetings if ya horse comes 2nd u get ya money back 

    i self excluded myself for 5 years :/ 


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  • VespaPXVespaPX
    edited August 2013
    What has this got to do with Poker Chat?

    Oh and thanks Sky for deleting my original post !
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  • Sky_PokerSky_Poker
    edited August 2013
    In Response to Re: £5 Free Bet Every Week from Sky Bet:
    In Response to Re: £5 Free Bet Every Week from Sky Bet : The only way to clarify this is to have a real life example of how skys odds are generally lower than their competitors. So if a 5/1 accy on sky is worth say 7/1 on another site then taking this deal with a free bet at evens means you are not better off, no? Ok granted the free bet does give you the chance to get your money back but in the long run its more +ve to go for value accumulators than stick with sky for the promo assuming that you are a winning sports bettor. If you dont win, then forget about the promo.  As for picking football matches where the odds are evens, thats exactly what the bookies want you to do because for sure you will end up with one of your selections bombling out. 
    Posted by ACEGOONER
    Think you are possibly overstating the value difference between Sky Bet and other bookies. They are very competitive and this adds more value for customers.

    For example, we picked three teams for this opening weekend which are a fraction of odds-on (like the examples people have given above) compared the odds and here's what came out...

    The teams were QPR, Nottingham Forest and Reading all at home. At Sky Bet, these were currently 5/6, 4/5 and 10/11 respectively which pays 6.29 (so just bigger than 5/1).

    We looked at around 20 bookies and it was second best value out of these, only beat by one other. FWIW, the highest paid 6.38 and the lowest paid 5.72 with the odds as they are now.

    Thanks
    Sky Poker
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  • MAXALLYMAXALLY
    edited August 2013
    In Response to Re: £5 Free Bet Every Week from Sky Bet:
    ....and a question for those in the know.... Are L15's or Patents classed as accumulator bets or not?
    Posted by MAXALLY

    Any answer on this one please?
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  • Sky_PokerSky_Poker
    edited August 2013
    In Response to Re: £5 Free Bet Every Week from Sky Bet:
    What has this got to do with Poker Chat? Oh and thanks Sky for deleting my original post !
    Posted by VespaPX
    Such a good offer we wanted to let our poker customers know about it TBH.

    A lot of our poker customers enjoy using Sky Bet.

    Thanks
    Sky Poker
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  • Sky_PokerSky_Poker
    edited August 2013
    In Response to Re: £5 Free Bet Every Week from Sky Bet:
    In Response to Re: £5 Free Bet Every Week from Sky Bet : Any answer on this one please?
    Posted by MAXALLY
    These bets are not included in the offer.
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