It’s Norwich v Man Utd in the FA Cup Sixth Round on Saturday 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 Norwich v Man Utd and if it loses, BoyleSports will refund your stake back as a free bet. Translated into matched betting terms, this gives us a guaranteed profit of £6.00 and here’s how…
Key Terms:
- This offer is only available on mobile.
- Place a bet of up to £10.00 on any Norwich v Man Utd market.
- Qualifying bets must be placed before 17:30 (kick-off) on Saturday 27th June 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.
At the time of writing, the lay odds aren’t quite tight enough, so I’ll use fictional lay odds for Norwich (11/2) in the Match Betting market in the following example and I’ll update the bottom of the post with an actual selection after the match.
At the time of writing, laying our bet at Betfair is likely to give us the biggest guaranteed profit.
Betfair are currently offering new customers 0% commission up to £500 for the first 30 days.
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 extract (80%) from our £10.00 free bet refund, should our bet lose…
As you can see, the calculator tells us that our lay stake should be £8.17…
Place £10.00 on Norwich @ 6.50 = Potential profit of £55.00
Lay £8.17 on Norwich @ 7.00 = Potential liability of £49.02
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Bookie | Exchange | Extracted | Profit/Loss |
|---|---|---|---|---|
| Norwich win | +£55.00 | -£49.02 | £5.98 profit | |
| Norwich don’t win | -£10.00 | +£8.00 | +£8.00 | £6.00 profit |
So, with some decent odds, we should make a guaranteed profit of around £6.00 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 extract £8.00 cash (80%) from a £10.00 free bet, check out my Free Bet Strategy page for a walk-through guide on how it should be done.
* ‘Draw’ was available at back odds of 5.00 and lay odds of 5.40. The match was drawn 1-1, resulting in a profit of £5.64 on this BoyleSports offer. *
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £100,000 worth of profit, and made it my mission to make matched betting accessible to everyone.