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Italy v Spain Offer – BoyleSports

It’s Italy v Spain at Euro 2020 on Tuesday night and BoyleSports are getting in on the action! Simply place a £5.00 Bet Builder bet on Italy v Spain and BoyleSports will give us a £5.00 free bet to use in play on the same match. Translated into matched betting terms, this gives us a guaranteed profit of £2.81 and here’s how…

Key terms

  • Applies to single Bet Builder bets placed on Italy v Spain.
  • Applies to bets placed before 20:00 (kick-off) on Tuesday 6th July 2021.
  • Required stake of £5.00.
  • Minimum odds of 3.00 (2/1).

Qualifying bet

It’s entirely up to you how you play this offer.

We could take a speculative approach and not lay our Bet Builder bet. If our bet loses, we know that by using straightforward matched betting, we should be able to convert our £5.00 free bet into 75% cash, so £3.75. That means the most we can lose on this offer is £1.25 and we could make a nice profit.

If we lay our qualifying bet though, we can lock in a guaranteed profit.

So, looking at the selections available, we could place our qualifying bet on Italy to win / Both Teams to Score – No at back odds of 3.80 (14/5). The lay odds are currently 4.60.

Either exchange works for this offer

Betfair and Smarkets are both great options for this offer. If you’ve not used one of them, now is a great time to give them a try.

  • Money back as cash up to £20
  • 0% commission for 60 days

We can calculate our lay stakes using my Matched Betting Calculator

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 £4.15…

BoyleSports logo

Place £5.00 on ‘Italy to win / Both Teams to Score – No’ @ 3.80 = Potential profit of £14.00

Betfair logo

Lay £4.15 on ‘Italy/No’ @ 4.60 = Potential liability of £14.94

Outcomes

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

OutcomeBoyleSportsBetfairProfit/Loss
Italy win to nil+ £14.00– £14.94£0.94 loss
Any other outcome– £5.00+ £4.06£0.94 loss

So, no matter the outcome, we’ll lose £0.94 in qualifying for our £5.00 free bet.

Free bet

Our £5.00 free bet will be credited after kick-off (20:00) on Tuesday 6th July 2021 and will be valid in play on Italy v Spain.

Using straightforward matched betting, we should be able to convert our £5.00 free bet into 75% cash, so £3.75. If we take into account our qualifying loss of £0.94, this gives us a guaranteed profit of £2.81 on this BoyleSports offer!

* The match was drawn 1-1 (after 90 minutes), resulting in a profit of £2.81 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.