Royal Ascot 2019 gets underway on Tuesday and you don’t want to miss this BoyleSports Money Back Special! Simply place a bet on any race at Royal Ascot and if our horse finishes 2nd or 3rd to the SP Favourite, BoyleSports will refund our stake as a free bet, up to £20.00. Translated into matched betting terms, this gives us an overall potential profit of £50.00+ and here’s how…

Key Terms:

  • We must opt-in on the promotion page to be eligible.
  • Only our first bet on each race qualifies for the offer.
  • If our horse finishes 2nd or 3rd to the Starting Price (SP) Favourite, BoyleSports will refund our stake as a free bet, up to a maximum of £20.00.
  • 2nd place refund applies only to races with 5+ runners.
  • 3rd place refund applies only to races with 8+ runners.

Qualifying Bets:

This offer is available on all 30 races at Royal Ascot 2019.

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.

It might be worth waiting until close to the start of each race as we need to select a horse that is unlikely to start the race as favourite.

The back and lay odds should tighten up closer to the start of each race. In the meantime though, I’ll use fictional lay odds for Blue Point (5/2) in the King’s Stand Stakes (15:40 on Tuesday), to illustrate how this offer should be done. I’ll update the table at the bottom of the post with some actual selections at the end of each day.

At the time of writing, laying our bet at Smarkets is likely to give us the smallest qualifying loss.

We can work out our lay stake using my matched betting calculator…

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 £19.02…

BoyleSports logo

Place £20.00 on Blue Point @ 3.50 = Potential profit of £50.00

Smarkets logo

Lay £19.02 on Blue Point @ 3.70 = Potential liability of £51.35

Outcomes:

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

Outcome Bookie Exchange Extracted Profit/Loss
Blue Point wins +£50.00 -£51.35 £1.35 loss
Blue Point finishes 2nd or 3rd to SP Fav -£20.00 +£18.63 +£16.00 £14.63 profit
Any other outcome -£20.00 +£18.63 £1.37 loss

So, we’ll make a nice profit of £14.63 if Blue Point finishes 2nd or 3rd to the SP Favourite and we stand to lose a maximum of £1.37 on any other outcome. Risking £1.37 to make a profit of £14.63 gives us effective odds of 11.68, which I’m sure you’ll agree, makes this a profitable offer in the long run.

This offer is available on every race at Royal Ascot 2019, giving us an overall potential profit of £50.00+ on this BoyleSports offer!

If eligible, free bets will be credited within 24 hours and will be valid for 7 days. Free bet stakes are not included in any returns.

I’ll update the following table with some actual selections at the end of each day…

Race Selection Back Odds Lay Odds Profit/Loss
15:05 Tuesday Threat 4.333 4.60 +£14.54
16:20 Tuesday King Of Comedy 7.00 7.20 -£0.89

The post Royal Ascot 2019 Offer – BoyleSports appeared first on Matched Betting Blog.

https://www.wds-media.com/wp-content/uploads/2019/06/BoyleSports-logo-772x437.jpghttps://www.wds-media.com/wp-content/uploads/2019/06/BoyleSports-logo-772x437-300x300.jpgadminBetting
Royal Ascot 2019 gets underway on Tuesday and you don’t want to miss this BoyleSports Money Back Special! Simply place a bet on any race at Royal Ascot and if our horse finishes 2nd or 3rd to the SP Favourite, BoyleSports will refund our stake as a free bet,...