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…
As you can see, the calculator tells us that our lay stake should be £4.15…
Place £5.00 on ‘Italy to win / Both Teams to Score – No’ @ 3.80 = Potential profit of £14.00
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…
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
Since 2014, I’ve blogged over £90,000 worth of profit, and made it my mission to make matched betting accessible to everyone.