Sky Bet New Customer Offer: Bet Just 5p and Bank £30 in Free Bets

To get started, register a new account at Sky Bet, deposit a minimum of £5 (Neteller and Skrill are excluded from this offer), and place a single bet of at least 5p at odds of evens (1/1) or above. Once that qualifying bet settles, three £10 free bet tokens are credited to your account. The tokens are stakes not returned, so the free bet stake itself does not come back with any winnings. They expire after 30 days. One detail worth noting: the 5p qualifying stake is about as low as welcome offers get, which keeps your exposure at the qualifying stage to a minimum. Full terms apply; see Sky Bet's site for complete conditions.

Arsenal host Newcastle at the Emirates on Saturday evening, a match that has plenty riding on it with both clubs chasing a strong league finish. Markets for this kind of fixture tend to be well-populated and liquid on the exchanges, making it a practical choice for a qualifying bet or for working through your free bets in a familiar, well-traded market.

To lock in profit from the offer, use OddsMatcher to find a selection where the back price on Sky Bet and the lay price on Betfair Exchange sit close together. Place your 5p qualifying back bet on Sky Bet at evens or above, then lay the same outcome on Betfair to cover the result and keep your qualifying loss small. Once your three £10 SNR tokens arrive, use OddsMatcher again to find selections at higher odds, somewhere in the 4/1 to 6/1 range. Laying those on Betfair converts SNR free bets at roughly 70 to 80 percent, giving you a realistic return of £20 to £25 from the full £30.

Lay, back and profit!