Don’t miss this BoyleSports offer on todays horse racing at Epsom! Simply place a bet on the 2:35 at Epsom and if it loses, BoyleSports will give a us a free bet to use on the Investec Dash, 3:45 at Epsom, up to a maximum of £25.00. Translated into matched betting terms, this gives us a guaranteed minimum profit of £13.73 and here’s how…
Qualifying Bet:
If you’re unsure about how to place qualifying bets, check out my Qualifying Bet Strategy page for a walkthrough guide on how it should be done.
For this particular offer, we need to select a horse that has a decent chance of losing so that we receive the free bet refund. It therefore makes sense to place our qualifying bet on a horse with long odds. Having looked at the odds on offer, I’ve opted to place my qualifying bet on Miss Moneypenny.
Place £25.00 on Miss Moneypenny @ 8.00 = Potential profit of £175.00
Lay £22.35 on Miss Moneypenny @ 9.00 = Potential liability of £178.77
Let’s have a look at our potential profit/loss for the possible outcomes…
| Miss Moneypenny wins | +£175.00 – £178.77 = £3.77 loss |
| Miss Moneypenny doesn’t win | -£25.00 + £21.23 + £20.00 (extract 80% from our £25.00 free bet) = £16.23 profit |
So as things stand we will make £16.23 profit if Miss Moneypenny doesn’t win and a loss of £3.77 if he does win. It’s not often that we are able to do this but by placing a further back bet on Miss Moneypenny, we can guarantee ourselves a profit on any outcome…
Place £2.50 on Miss Moneypenny @ 8.00 = Potential profit of £17.50
Let’s have a look at our overall profit/loss for the possible outcomes…
| Miss Moneypenny wins | -£3.77 + £17.50 = £13.73 profit |
| Miss Moneypenny doesn’t win | £16.23 – £2.50 = £13.73 profit |
So regardless of the result of the 2:35 at Epsom, we will make a guaranteed minimum profit of £13.73!
If you’re unsure how to extract 80% of our £25.00 free bet, check out my Free Bet Strategy page for a walkthrough guide on how it should be done.
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £70,000 worth of profit, and made it my mission to make matched betting accessible to everyone.