It’s a big day of racing at Chepstow on Monday, and you don’t want to miss this BoyleSports offer! Place a bet of up to £10.00 on the 13:05 Chepstow, and if it loses, BoyleSports will refund our stake as a free bet. Translated into matched betting terms, this gives us a profit of £5.09 and here’s how…
Key terms
- This is a mobile-exclusive offer.
- Applies to bets of up to £10.00 on the 13:05 Chepstow.
- Applies to bets placed from 14:00 on Sunday 26th December 2021.
- If our bet loses, BoyleSports will refund our stake as a free bet.
Qualifying bet
Losing stakes are refunded as a free bet, so we can treat this as a risk-free bet offer.
We’ll need to select a horse with long odds to maximise our profit.
Looking at the odds available, we could place our qualifying bet on Paint The Dream at back odds of 6.00 (5/1) and lay odds of 7.20.
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 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 that’s the cash amount we can expect to convert our £10.00 free bet into if our horse loses.
As you can see, the calculator tells us that our lay stake should be £7.24…
Place £10.00 on Paint The Dream @ 6.00 = Potential profit of £50.00
Lay £7.24 on Paint The Dream @ 7.20 = Potential liability of £44.88
Outcomes
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | BoyleSports | Betfair | Free Bet | Profit/Loss |
|---|---|---|---|---|
| Paint The Dream wins | + £50.00 | – £44.88 | £5.12 profit | |
| Another horse wins | – £10.00 | + £7.09 | + £8.00 | £5.09 profit |
So, no matter the outcome, we’ll make a minimum profit of £5.09 on this BoyleSports offer!
If eligible, our free bet will be credited within 24 hours and 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 walkthrough of how it should be done.
* Golden Whisky won the race, resulting in £5.09 profit on this BoyleSports offer. *
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £85,000 worth of profit, and made it my mission to make matched betting accessible to everyone.