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Arsenal v Newcastle Offer – BoyleSports

It’s Arsenal v Newcastle in the FA Cup Third Round on Saturday and you don’t want to miss this BoyleSports risk-free bet offer! Simply place a pre-match bet of up to £10.00 on Arsenal v Newcastle and if it loses, BoyleSports will refund your stake as a free bet. Translated into matched betting terms, this gives us a guaranteed profit of £5.33 and here’s how…

Key terms

  • This offer is only available on mobile or in shop using a BoyleXtra card.
  • Place a bet of up to £10.00 on any Arsenal v Newcastle market.
  • Qualifying bets must be placed before 17:30 (kick-off) on Saturday 9th January 2021.
  • If our first bet loses, BoyleSports will refund our stake as a free bet.

Qualifying bet

If our first bet loses, our stake will be refunded as a free bet, so we can treat this as a risk-free bet offer.

We’ll need to place our bet at long odds in order to maximise our profit.

Having looked at the odds available, we could place our qualifying bet on Arsenal 2-1 in the Correct Score market.

Either exchange works for this offer

Betfair and Smarkets are both great options for this offer. If you’ve not used one of them, now is a great time to give them a try.

  • Money back as cash up to £20
  • 0% commission for 60 days

We can work out our lay stake by using the ‘Risk-Free Bet’ setting on my Matched Betting Calculator. We can enter £8.00 as our ‘Cashback’ figure as this is the amount we can expect to convert our £10.00 free bet into, should our bet lose…

Select bet type

Back Bet (Bookie)

%

Lay Bet (Betting Exchange)

%

Min £
Max £
Lay stake required: £
Bookie
Exchange
Cashback
Total
If back (bookie) bet wins
£
£
£
= £
If lay (exchange) bet wins
£
£
£
= £
Total profit: £

Optimal Underlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

Optimal Overlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

As you can see, the calculator tells us that our lay stake should be £7.52…

BoyleSports logo

Place £10.00 on Arsenal 2-1 @ 8.00 = Potential profit of £70.00

Betfair logo

Lay £7.52 on 2-1 (Arsenal) @ 9.60 = Potential liability of £64.67

Outcomes

Let’s have a look at our potential profit/loss for the possible outcomes…

OutcomeBoyleSportsBetfairFree BetProfit/Loss
Arsenal win 2-1+ £70.00– £64.67£5.33 profit
Arsenal don’t win 2-1– £10.00+ £7.36+ £8.00£5.36 profit

So, no matter how the match finishes, we’ll make a guaranteed profit of £5.33 on this BoyleSports offer!

If eligible, our free bet will be credited within 24 hours and will be valid for 7 days.

If you’re unsure how to convert your £10.00 free bet into £8.00 cash (80%), please see my free bets guide for a walkthrough of how it should be done.

* Arsenal won the match 2-0 after extra-time, resulting in a profit of £5.36 on this BoyleSports offer. *

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £90,000 worth of profit, and made it my mission to make matched betting accessible to everyone.