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BoyleSports – Money Back if Horse Loses (13:18 Warwick)

It’s a big day of racing at Warwick on Saturday, and you don’t want to miss this BoyleSports offer! Place a bet of up to £10.00 on the 13:18 Warwick, and if it loses, BoyleSports will refund our stake as a free bet. Translated into matched betting terms, this gives us a profit of £5.39 and here’s how…

Key terms

  • This is a mobile and in-shop BoyleExtra cardholders offer.
  • Applies to bets of up to £10.00 on the 13:18 Warwick.
  • Applies to bets placed from 15:00 on Friday 14th January 2022.
  • 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 Sky Pirate at back odds of 4.333 (10/3) and lay odds of 4.70.

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.

  • Bet £10, Get £50 in free bets
  • 0% commission for 60 days.
  • Extend for 30 days via MBB at any time.

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.

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 £7.55…

BoyleSports logo

Place £10.00 on Sky Pirate @ 4.333 = Potential profit of £33.33

Betfair logo

Lay £7.55 on Sky Pirate @ 4.70 = Potential liability of £27.93

Outcomes

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

OutcomeBoyleSportsBetfairFree BetProfit/Loss
Sky Pirate wins+ £33.33– £27.93£5.40 profit
Another horse wins– £10.00+ £7.39+ £8.00£5.39 profit

So, no matter the outcome, we’ll make a minimum profit of £5.39 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.

* Brave Seasca won the race, resulting in £5.39 profit on this BoyleSports offer. *

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Matt KirmanMatched 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.