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England v Republic of Ireland Offer – BoyleSports

It’s England v Republic of Ireland on Thursday night and you don’t want to miss this BoyleSports risk-free bet offer! Simply place a pre-match bet of up to £10.00 on England v Republic of Ireland and if it loses, BoyleSports will refund your stake as a free bet. Translated into matched betting terms, this gives us a guaranteed profit of £5.11 and here’s how…

Key Terms:

  • This offer is only available on mobile or in shop using a BoyleXtra card.
  • Place a bet of up to £10.00 on any England v Republic of Ireland market.
  • Qualifying bets must be placed before 20:00 (kick-off) on Thursday 12th November 2020.
  • If our first bet loses, BoyleSports will refund our stake as a free bet.

Qualifying Bet:

If our first bet loses, our stake will be refunded as a free bet, so we can treat this as a risk-free bet offer.

We’ll need to place our bet at long odds in order to maximise our profit.

Having looked at the odds available, we could place our qualifying bet on a Draw in the Match Betting market.

At the time of writing, laying our bet at Betfair gives us the biggest guaranteed profit.

Betfair are currently offering new customers 0% commission up to £500 for the first 30 days.

Banner showing the zero commission sign up offer from Betfair.

Banner showing the zero commission sign up offer from Betfair

If you’re an existing Betfair customer, you can opt in to pay just 2% commission by selecting their Basic reward plan.

For more information about My Betfair Rewards and how to opt in, please see my Betfair 2% Commission page.

We can work out our lay stake by using the ‘Risk-Free Bet’ setting on my Matched Betting Calculator. We can enter £8.00 as our ‘Cashback’ figure as this is the amount we can expect to convert our £10.00 free bet into, should our bet lose…

Select bet type

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 £7.27…

BoyleSports logo

Place £10.00 on a Draw @ 5.00 = Potential profit of £40.00

Betfair logo

Lay £7.27 on a Draw @ 5.80 = Potential liability of £34.89

Outcomes:

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

Outcome Bookie Exchange Free Bet Profit/Loss
Draw +£40.00 -£34.89 £5.11 profit
Not a draw -£10.00 +£7.12 +£8.00 £5.12 profit

So, no matter how the match finishes, we’ll make a guaranteed profit of £5.11 on this BoyleSports offer!

If eligible, our free bet will be credited within 24 hours and will be valid for 7 days.

If you’re unsure how to convert your £10.00 free bet into £8.00 cash (80%), please see my Free Bets Guide for a walk-through of how it should be done.

* England won the match 3-0, resulting in a profit of £5.12 on this BoyleSports offer. *

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £90,000 worth of profit, and made it my mission to make matched betting accessible to everyone.