Event Start Time (GMT): 11/08/2017 : 19:45
Arsenal host Leicester in their Premier League 2017/18 opener tonight and you don’t want to miss this BoyleSports offer! Simply place a pre-match bet on Arsenal v Leicester and if either side hits the crossbar, BoyleSports will double winnings on all pre-match markets as a free bet. Translated into matched betting terms, this gives us a potential profit of £8.17 and here’s how…
We must opt-in to this promotion to be eligible.
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how it should be done.
If either team hits the crossbar, BoyleSports will double winnings on all pre-match markets as a free bet. The maximum stake for this offer is £20.00 and the maximum free bet is £500.00.
Just to clarify, the ball must strike the crossbar and rebound back into play. The side posts do not count for the purposes of this offer.
Having looked at the odds available, I’ve opted to place my qualifying bet on Arsenal in the Match Betting market.
I like to place my exchange lay bets with Smarkets as they have great liquidity, the site is really easy to use and they only charge 2% commission in comparison to the 5% charged by other betting exchanges.
We can calculate our lay stake using my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £20.04…
Place £20.00 on Arsenal @ 1.533 = Potential profit of £10.66
Let’s have a look at our potential profit/loss for the possible outcomes…
|Arsenal win and crossbar not struck||+ £10.66 – £11.02 = £0.36 loss|
|Arsenal win and crossbar struck||+ £10.66 – £11.02 + £8.53 (extract 80% from £10.66 free bet) = £8.17 profit|
|Arsenal don't win||- £20.00 + £19.63 = £0.37 loss|
So, if Arsenal win and the crossbar is struck, we’ll make a nice profit of £8.17. However, if Arsenal don’t win or the crossbar isn’t struck, we’ll have made a maximum loss of £0.37. Risking £0.37 to make a profit of £8.17 gives us effective odds of 23.08, which I’m sure you’ll agree, makes this a profitable offer in the long run.
If eligible, free bets will be credited within 24 hours and will be valid for 7 days. Free bet stakes will not be included in any returns.
If you’re not sure how to extract 80% cash from a free bet, please see my Free Bet Strategy page for a walk-through guide on how it should be done.