BoyleSports Offer – Arsenal v Leicester

August 11, 2017 / Football / 2 Comments

Kick-off time (GMT): 11/08/2017 : 19:45

Potential profit
£8.17
My profit £-0.36

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…

Qualifying Bet:

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…


Back Bet (Bookie)

%

Lay Bet (Betting Exchange)

%

Adjust your lay stake

Min £
Max £

Lay stake required: £

Bookie
Exchange
Total
If back (bookie) bet wins
= £
If lay (exchange) bet wins
= £
Bookie
Exchange
Cashback
Total
If back
bet wins
= £
If lay
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 £20.04…

boylesports

Place £20.00 on Arsenal @ 1.533 = Potential profit of £10.66

smarkets whiteLay £20.04 on Arsenal @ 1.55 = Potential liability of £11.02

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.

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2 Comments

  1. Brendan

    August 12, 2017
    / Reply

    Went for HT Draw FT Arsenal on this one. Would've got me an £87 free bet if it triggered.

    • Matt

      Matt

      August 12, 2017
      / Reply

      That's unfortunate Brendan. Nice pick though!


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