Don’t miss this BoyleSports offer on the horse racing at Epsom! Simply place a bet on the 2:35 at Epsom on Friday and if it loses, BoyleSports will give a us a free bet to use on the Investec Mile, 3:45 at Epsom, up to a maximum of £25.00. Translated into matched betting terms, this gives us a guaranteed minimum profit of £14.68 and here’s how…
Qualifying Bet:
If you’re unsure about how to place qualifying bets, check out my Qualifying Bet Strategy page for a walkthrough guide on how it should be done.
For this particular offer, we need to select a horse that has a decent chance of losing so that we receive the free bet refund. It therefore makes sense to place our qualifying bet on a horse with long odds. Having looked at the odds on offer, I’ve opted to place my qualifying bet on Seagull Star.
Place £25.00 on Seagull Star @ 9.00 = Potential profit of £200.00
Lay £23.08 on Seagull Star @ 9.80 = Potential liability of £203.08
Let’s have a look at our potential profit/loss for the possible outcomes…
| Seagull Star wins | +£200.00 – £203.08 = £3.08 loss |
| Seagull Star doesn’t win | -£25.00 + £21.92 + £20.00 (extract 80% from our £25.00 free bet) = £16.92 profit |
So as things stand we will make £16.92 profit if Seagull Star doesn’t win and a loss of £3.08 if he does win. It’s not often that we are able to do this but by placing a further back bet on Seagull Star, we can guarantee ourselves a profit on any outcome…
Place £2.22 on Seagull Star @ 9.00 = Potential profit of £17.76
Let’s have a look at our overall profit/loss for the possible outcomes…
| Seagull Star wins | -£3.08 + £17.76 = £14.68 profit |
| Seagull Star doesn’t win | £16.92 – £2.22 = £14.70 profit |
So regardless of the result of the 2:35 at Epsom, we will make a guaranteed minimum profit of £14.68!
If you’re unsure how to extract 80% of our £25.00 free bet, check out my Free Bet Strategy page for a walkthrough guide on how it should be done.
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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.