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Bahrain Grand Prix 2021 Offer – Novibet

Editor by Editor
March 26, 2021
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The 2021 Formula 1 season will get underway on Sunday with the Bahrain Grand Prix and also you don’t wish to miss this Novibet free wager provide! Simply place a £20.00+ single wager on the Bahrain Grand Prix winner and Novibet will give us a £10.00 free wager. Translated into matched betting phrases, this offers us a assured revenue of £4.97 and right here’s how…

Key phrases

  • Applies to single bets on the Bahrain Grand Prix Race Winner market.
  • Minimum stake of £20.00.
  • Minimum odds of two.00 (evens).

Qualifying wager

If you’d like extra details about qualifying bets and the way they work, please see my qualifying bets information.

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It’s fully as much as you which of them driver you place your qualifying wager on.

At the time of writing, Max Verstappen is on the market at again odds of two.20 (6/5) and lay odds of two.56.

Betfair and Smarkets logos

Betfair and Smarkets are each nice choices for this provide. If you’ve not used certainly one of them, now is a good time to provide them a strive.

+ 0% fee as much as £500 for all new signal-ups

+ £10 bonus for all new signal-ups

We can calculate our lay stake utilizing my Matched Betting Calculator…

As you may see, the calculator tells us that our lay stake needs to be £17.32…

Novibet logo

Place £20.00 on Max Verstappen @ 2.20 = Potential revenue of £24.00

Betfair logo

Lay £17.32 on Max Verstappen @ 2.56 = Potential legal responsibility of £27.01

Outcomes

Let’s take a look at our potential revenue/loss for the doable outcomes…

Outcome Novibet Betfair Profit/Loss
Max Verstappen wins + £24.00 – £27.01 £3.01 loss
Max Verstappen loses – £20.00 + £16.97 £3.03 loss

So, regardless of the result, we’ll lose a most of £3.03 in qualifying for our £10.00 free wager.

Free wager

Our £10.00 free wager will probably be credited inside 24 hours.

Using simple matched betting, we must always be capable of convert our free wager into 80% money, so £8.00. If we have in mind our most qualifying lack of £3.03, this offers us a assured revenue of £4.97 on this Novibet provide!



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