It’s Manchester derby time in the EFL Cup tonight and you don’t want to miss this BoyleSports offer! Simply place a pre-match bet on Manchester United v Manchester City, and if either side hits the crossbar, BoyleSports will refund losing stakes on all pre-match markets as a free bet, up to a maximum of £25.00. Translated into matched betting terms, this gives us a potential profit of £18.84 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 refund all losing bets on all pre-match markets. 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 Manchester City 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 £24.33…
Place £25.00 on Man City @ 2.90 = Potential profit of £47.50
Lay £24.33 on Man City @ 3.00 = Potential liability of £48.66
Let’s have a look at our potential profit/loss for the possible outcomes…
Man City win | + £47.50 – £48.66 = £1.16 loss |
Man City don’t win and crossbar struck | – £25.00 + £23.84 + £20.00 (extract 80% from stake refund) = £18.84 profit |
Man City don’t win and crossbar not struck | – £25.00 + £23.84 = £1.16 loss |
So, if Manchester City don’t win and the crossbar is struck, we will make a nice profit of £18.84. If, however, Manchester City do win or the crossbar isn’t struck, we’ll have made a small loss of £1.16. Risking £1.16 to make a profit of £18.84, gives us effective odds of 17.24, which I’m sure you’ll agree, makes this a profitable offer in the long run, even though we need Manchester City not to win.
If you’re not sure how to extract 80% cash from a £25.00 free bet, please see my Free Bet Strategy page for a walk-through 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.