The Lions face the Highlanders 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 Highlanders 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 £7.92 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 British & Irish Lions 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 £19.78…
Place £20.00 on Lions @ 1.533 = Potential profit of £10.66
Lay £19.78 on Lions @ 1.57 = Potential liability of £11.27
Let’s have a look at our potential profit/loss for the possible outcomes…
| Lions win by more than 5 points | + £10.66 – £11.27 = £0.61 loss |
| Lions win by 5 points or less | + £10.66 – £11.27 + £8.53 (extract 80% from £10.66 free bet) = £7.92 profit |
| Lions don’t win | – £20.00 + £19.38 = £0.62 loss |
So, if the British & Irish Lions win by 5 points or less, we’ll make a nice profit of £7.92. Any other outcome and we’ll have made a maximum loss of £0.62. Risking £0.62 to make a profit of £7.92 gives us effective odds of 13.77. So, given that the British & Irish Lions are odds of 5.50 to win by 1-5 points, this is 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 80% cash from a free bet, please see my Free Bet Strategy page for a walk-through guide on how it should be done.
* The Highlanders won the match 23-22 but unfortunately I backed the Lions, meaning I made a loss of £0.62 on this BoyleSports offer. *
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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.