It’s Week 22 of the Premier League 2016/17 season and you don’t want to miss this BoyleSports offer! Simply place a pre-match bet on selected Premier League games this weekend, 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 an overall potential profit of £61.17 and here’s how…
Qualifying Bets:
This weekend’s eligible matches are as follows…
| Fixture | Kick-Off | Date |
|---|---|---|
| Liverpool v Swansea | 12:30 | Saturday 21st January 2017 |
| Southampton v Leicester | 12:00 | Sunday 22nd January 2017 |
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 £25.00 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 for Liverpool v Swansea, I’ve opted to place my qualifying bet on ‘Liverpool/Liverpool’ in the ‘Half-Time/Full-Time’ 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 £24.37…
Place £25.00 on Liverpool/Liverpool @ 1.667 = Potential profit of £16.68
Lay £24.37 on Liverpool/Liverpool @ 1.73 = Potential liability of £17.79
Let’s have a look at our potential profit/loss for the possible outcomes…
| Liverpool/Liverpool wins but crossbar not struck | + £16.67 – £17.79 = £1.12 loss |
| Liverpool/Liverpool wins and crossbar is struck | + £16.67 – £17.79 + £13.34 (extract 80% from £16.67 free bet) = £12.22 profit |
| Liverpool/Liverpool doesn’t win | – £25.00 + £23.88 = £1.12 loss |
So, if our Liverpool/Liverpool bet wins and the crossbar is struck, we’ll make a nice profit of £12.22. If, however, our Liverpool/Liverpool bet doesn’t win or the crossbar isn’t struck, we’ll have made a small loss of £1.12. Risking £1.12 to make a profit of £12.22, gives us effective odds of 11.91, which I’m sure you’ll agree, makes this a profitable offer in the long run.
This offer is available on both specified matches. It’s entirely up to you what markets you place your qualifying bets on. I’ll update the following table with my selections throughout the weekend…
| Fixture | Selection | Back Odds | Lay Odds | Qualifying Loss | Potential Profit |
|---|---|---|---|---|---|
| Liverpool v Swansea | Liverpool/Liverpool | 1.667 | 1.73 | £1.12 | £12.22 |
| Southampton v Leicester | Draw | 3.50 | 3.60 | £1.05 | £48.95 |
So, as you can see, we’ll lose £2.17 if neither of our bets come in, but with £61.17 profit up for grabs, this offer is well worth a shot!
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.
* The crossbar was struck in the Liverpool v Swansea match. *
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £85,000 worth of profit, and made it my mission to make matched betting accessible to everyone.