£5.52
Guaranteed Profit
£5.70
Actual Profit

Slovakia v Republic of Ireland Offer – BoyleSports


Posted by Matt (administrator) Matt
Start Time: 08/10/2020 19:45

It’s Slovakia v Republic of Ireland in the Euro 2020 Play-Off Semi-Finals on Thursday 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 Slovakia 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 £5.52 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 Slovakia v Republic of Ireland market.
  • Qualifying bets must be placed before 19:45 (kick-off) on Thursday 8th October 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 Slovakia 2-1 in the Correct Score 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.

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 £7.68…

BoyleSports logo

Place £10.00 on ‘Slovakia 2-1’ @ 10.00 = Potential profit of £90.00

Betfair logo

Lay £7.68 on ‘2-1 (Slovakia)’ @ 12.00 = Potential liability of £84.48

Outcomes:

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

Outcome Bookie Exchange Free Bet Profit/Loss
Slovakia win 2-1 +£90.00 -£84.48 £5.52 profit
Slovakia don't win 2-1 -£10.00 +£7.52 +£8.00 £5.52 profit

So, no matter how the match finishes, we’ll make a guaranteed profit of £5.52 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.

* ‘2-1 Republic of Ireland’ was available at back odds of 11.00 and lay odds of 13.00. The match was drawn 0-0 after 90 minutes, resulting in a profit of £5.70 on this BoyleSports offer. *

Comments


  1. Archie

    Guest user

    I’ve been doing these exact bets for BoyleSports and similar for the promotions on the pools, I did them a couple times before I got banned from promotions. Just wondering how this hasn’t happened to you yet if you only bet for the promotions? Would it be something I’m doing wrong?

    +0
    Reply
    1. Matt

      341

      The profits posted are representative of having a full set of unrestricted accounts Archie.

      It’s important to keep the bookmakers guessing. Things like varying stakes, placing the odd accumulator or having an odd spin in the casino may help.

      +0
      Reply
  2. Kieran

    Guest user

    Archie, how long did it take you to banned. I’ve been doing Boyles for 3 months now. Only promotions, nothing else.

    +0
    Reply

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