The Lions face New Zealand in the second test of their Tour on Saturday morning and you don’t want to miss this BoyleSports offer! Simply place a pre-match bet on New Zealand 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 £79.02 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 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 £19.42…
Place £20.00 on the Lions @ 6.00 = Potential profit of £100.00
Lay £19.42 on the Lions @ 6.20 = Potential liability of £100.98
Let’s have a look at our potential profit/loss for the possible outcomes…
Lions win by more than 5 points | + £100.00 – £100.98 = £0.98 loss |
Lions win by 5 points or less | + £100.00 – £100.98 + £80.00 (extract 80% from £100.00 free bet) = £79.02 profit |
Lions don’t win | – £20.00 + £19.03 = £0.97 loss |
So, if the Lions win by 5 points or less, we’ll make a nice profit of £79.02. Any other outcome and we’ll have made a maximum loss of £0.98. Risking £0.98 to make a profit of £79.02 gives us effective odds of 81.63. So, given that the Lions are odds of 9.50 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.