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

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 £60,000 worth of profit, and made it my mission to make matched betting accessible to everyone.