BoyleSports Offer – Premier League Crossbar Money Back

It’s Week 10 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 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 an overall potential profit of £114.00 and here’s how…

Qualifying Bets:

This weekend’s eligible matches are as follows…

Fixture Kick-Off Date
Sunderland v Arsenal 12:30 Saturday 29th October 2016
Man Utd v Burnley 15:00 Saturday 29th October 2016
Crystal Palace v Liverpool 17:30 Saturday 29th October 2016
Everton v West Ham 13:30 Sunday 30th October 2016
Southampton v Chelsea 16:00 Sunday 30th October 2016
Stoke v Swansea 20:00 Monday 31st October 2016

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 for that particular match. 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 Sunderland v Arsenal, 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)

%

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 £25.00…

boylesports

Place £25.00 on Arsenal @ 1.40 = Potential profit of £10.00

smarkets whiteLay £25.00 on Arsenal @ 1.42 = Potential liability of £10.50

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

Arsenal win + £10.00 – £10.50 = £0.50 loss
Arsenal don’t win and crossbar struck – £25.00 + £24.50 + £20.00 (extract 80% from stake refund) = £19.50 profit
Arsenal don’t win and crossbar not struck – £25.00 + £24.50 = £0.50 loss

So, if Arsenal don’t win and the crossbar is struck, we’ll make a nice profit of £19.50. If, however, Arsenal do win or the crossbar isn’t struck, we’ll have made a small loss of £0.50. Risking £0.50 to make a profit of £19.50, gives us effective odds of 40.00, which I’m sure you’ll agree, makes this a profitable offer in the long run, even though we need Arsenal not to win.

This offer is available on all six specified matches. It’s entirely up to you which selections you go for. I’ll update the following table with my selections throughout the weekend…

Fixture Selection Back Odds Lay Odds Qualifying Loss Potential Profit
Sunderland v Arsenal Arsenal 1.40 1.42 £0.50 £19.50
Man Utd v Burnley Man Utd 1.222 1.25 £0.66 £19.34
Crystal Palace v Liverpool Liverpool 1.75 1.80 £0.91 £19.09
Everton v West Ham Draw 3.80 3.90 £1.01 £18.99
Southampton v Chelsea Chelsea 2.375 2.46 £1.15 £18.85
Stoke v Swansea Stoke 2.10 2.14 £0.73 £19.27

So, as you can see, we’ll lose between £0.50-£1.00 on each bet that doesn’t come off, but with approximately £19.00 profit per game up for grabs, this offer is well worth a shot!

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.

* The crossbar was struck in Man Utd 0-0 Burnley, meaning I made an overall profit of £15.04 on this BoyleSports offer! *

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched 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.