Potential
£24.43
 
Guaranteed
- -
 
My Profit
£-1.35

BoyleSports Offer – Republic of Ireland v Denmark


Posted by Matt (administrator) Mon, Nov 13, 2017 08:11am Matt
Start Time: 14/11/2017 19:45

Republic of Ireland host Denmark on Tuesday in the World Cup 2018 Play-Offs and you don’t want to miss this BoyleSports offer! Simply place a pre-match bet on Republic of Ireland v Denmark 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 £24.43 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.

It’s entirely up to you what you place your qualifying bet on. At the time of writing, the lay odds aren’t quite tight enough, so I’ll use fictional odds for Denmark in the following example and I’ll update the bottom of the post with an actual selection after the match.

I like to place my exchange lay bets with Betfair as they have great liquidity and the site is really easy to use.

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 £19.93…

boylesports

Place £20.00 on Denmark @ 2.70 = Potential profit of £34.00

Betfair logo

Lay £19.93 on Denmark @ 2.76 = Potential liability of £35.07

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

Denmark win and crossbar not struck + £34.00 – £35.07 = £1.07 loss
Denmark win and crossbar struck + £34.00 – £35.07 + £25.50 (extract 75% from £34.00 free bet) = £24.43 profit
Denmark don't win - £20.00 + £18.93 = £1.07 loss

So, if Denmark win and the crossbar is struck, we’ll make a nice profit of £24.43. However, if Denmark don’t win or the crossbar isn’t struck, we’ll have made a loss of £1.07. Risking £1.07 to make a profit of £24.43 gives us effective odds of 23.83, 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 75% cash from a free bet, please see my Free Bet Strategy page for a walk-through guide on how it should be done.

* Denmark were available at back odds of 2.70 and lay odds of 2.80. Denmark won the match 5-1, but unfortunately the crossbar wasn’t struck, resulting in a loss of £1.35 on this BoyleSports offer. *

Comments


  1. KD

    Pretty sure Eriksen hit the crossbar when he scored his first goal…

    1. Matt

      The ball has to rebound back into play KD.

  2. john T

    Matt, Boyle’s gave a £10 free bet on all those who backed Ireland. Pleasing.

    1. Matt

      Always good to see John!

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