It’s a big day of racing at Ascot on Saturday, and you don’t want to miss this BoyleSports offer! Place a bet of up to £10.00 on the 13:50 Ascot, and if it loses, BoyleSports will refund our stake as a free bet. Translated into matched betting terms, this gives us a profit of £5.70 and here’s how…

Key terms

  • This is a mobile exclusive offer.
  • Applies to bets of up to £10.00 on the 13:50 Ascot.
  • Applies to bets placed from 15:00 on Friday 17th December 2021.
  • If our bet loses, BoyleSports will refund our stake as a free bet.

Qualifying bet

Losing stakes are refunded as a free bet, so we can treat this as a risk-free bet offer.

We’ll need to select a horse with long odds to maximise our profit.

Looking at the odds available, we could place our qualifying bet on Guy at back odds of 5.50 (9/2) and lay odds of 6.00.

We can work out our lay stake by using the ‘Risk-Free Bet’ setting on my Matched Betting Calculator. We can enter £8.00 as our ‘Cashback’ figure as that’s the cash amount we can expect to convert our £10.00 free bet into if our horse loses.

As you can see, the calculator tells us that our lay stake should be £7.86…

BoyleSports logo
Money Back if Horse Loses (13:50 Ascot) 7

Place £10.00 on Guy @ 5.50 = Potential profit of £45.00

Betfair logo
Money Back if Horse Loses (13:50 Ascot) 8

Lay £7.86 on Guy @ 6.00 = Potential liability of £39.30


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

Outcome BoyleSports Betfair Free Bet Profit/Loss
Guy wins + £45.00 – £39.30 £5.70 profit
Another horse wins – £10.00 + £7.70 + £8.00 £5.70 profit

So, no matter the outcome, we’ll make a minimum profit of £5.70 on this BoyleSports offer!

If eligible, our free bet will be credited within 24 hours and valid for 7 days.

If you’re unsure how to convert your £10.00 free bet into £8.00 cash (80%), please see my free bets guide for a walkthrough of how it should be done.

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