The Lions face the Chiefs in their next Tour match on Tuesday morning and you don’t want to miss this BoyleSports offer! Simply place a pre-match bet on Chiefs v British & Irish Lions and if either team wins by 5 points or less, BoyleSports will double winnings on all pre-match markets as a free bet. Translated into matched betting terms, this gives us a potential profit of £34.04 and here’s how…
Qualifying Bet:
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 wins by 5 points or less, 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.
Having looked at the odds available, I’ve opted to place my qualifying bet on the Chiefs in the Match Betting market.
I like to place my exchange lay bets with Smarkets as they have great liquidity, the site is really easy to use and they only charge 2% commission in comparison to the 5% charged by other betting exchanges.
We can calculate our lay stake using my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £19.22…
Place £20.00 on the Chiefs @ 3.20 = Potential profit of £44.00
Lay £19.22 on the Chiefs @ 3.35 = Potential liability of £45.16
Let’s have a look at our potential profit/loss for the possible outcomes…
Chiefs win by more than 5 points | + £44.00 – £45.16 = £1.16 loss |
Chiefs win by 5 points or less | + £44.00 – £45.16 + £35.20 (extract 80% from £44.00 free bet) = £34.04 profit |
Chiefs don’t win | – £20.00 + £18.83 = £1.17 loss |
So, if the Chiefs win by 5 points or less, we’ll make a nice profit of £34.04. Any other outcome and we’ll have made a maximum loss of £1.17. Risking £1.17 to make a profit of £34.04 gives us effective odds of 30.09. So, given that the Chiefs are odds of 7.00 to win by 1-5 points, this is a very 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 80% cash from a free bet, please see my Free Bet Strategy page for a walk-through guide on how it should be done.
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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.