£38.17
Potential Profit
£-0.83
Actual Profit

Tottenham v Man City Offer – BoyleSports


Posted by Matt (administrator) Matt
Start Time: 14/04/2018 19:45

It’s Tottenham v Man City in today’s late kick-off and you don’t want to miss this Crossbar Double Winnings offer from BoyleSports! Simply place a pre-match bet on any market for Tottenham v Man City and if either side hits the crossbar, BoyleSports will double our winnings as a free bet. Translated into matched betting terms, this gives us a potential profit of £38.17 and here’s how…

The Terms:

We must opt-in to this promotion to be eligible.

If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how it should be done.

If either team hits the crossbar, BoyleSports will double winnings on all pre-match markets as a free bet. The maximum stake for this offer is £20.00 and the maximum free bet is £500.00.

Just to clarify, the ball must strike the crossbar and rebound back into play. The side posts do not count for the purposes of this offer.

Qualifying Bet:

It’s entirely up to you what you place your qualifying bet on. Having looked at the odds available, we could place our qualifying bet on a Draw.

I like to place my exchange lay bets with Betfair as they have great liquidity and the site is really easy to use. Also, if we opt in, they’re charging just 2% commission on Premier League Match Odds bets in April 2018.

We can calculate our lay stake using my matched betting calculator…

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 £19.57…

boylesports

Place £20.00 on a Draw @ 3.60 = Potential profit of £52.00

Betfair logo

Lay £19.57 on a Draw @ 3.70 = Potential liability of £52.83

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

Draw and crossbar not struck+ £52.00 – £52.83 = £0.83 loss
Draw and crossbar struck+ £52.00 – £52.83 + £39.00 (extract 75% from £52.00 free bet) = £38.17 profit
Not a draw- £20.00 + £19.17 = £0.83 loss

So, if the match is drawn and the crossbar is struck, we’ll make a nice profit of £38.17. However, if the match isn’t drawn or the crossbar isn’t struck, we’ll have made a loss of £0.83. Risking £0.83 to make a profit of £38.17 gives us effective odds of 46.99, which I’m sure you’ll agree, makes this a profitable offer in the long run.

If eligible, free bets will be credited within 24 hours and will be valid for 7 days. Free bet stakes will not be included in any returns.

If you’re not sure how to extract 75% cash from a free bet, please see my Free Bet Strategy page for a walk-through guide on how it should be done.

* Man City won the match 3-1 and the crossbar was not struck, resulting in a loss of £0.83 on this BoyleSports offer. *

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