Monday, 29 September 2008

Getting the next Boylesport free bet

I got confirmation from their online help at Boylesports that I must bet on five different markets to get their next free bet. The exact words of their response (sorry about the rogue apostrophe): Placing 5 bet's on the same selection at 50 each, can be seen as attempting to abuse our offer, I would advise against that, as we have the right to withhold free bet's if irregular betting patterns are found.

With this in mind, I used my bulging Boylesports account to make the first of five £50 bets on tomorrow's Champions League game between Zenit St Petersburg and Real Madrid. Zenit St Petersburg to win at 2.88 and a Betdaq lay of £49.32 at 2.94 will mean a £1.67 loss. If I can keep each loss below £2.00 and make a £30+ profit on the free bet, I will be £20(ish) up on each of the three further free bets on offer.

Update (Tuesday, 30 September): Zenit St Petersburg 1 : 2 Real Madrid, so my first £50 qualifier loses on Boylesports, but my Betdaq lay means that I collect £48.33 (£49.32 - £0.99) meaning that I'm £1.67 down as predicted.

Update (Wednesday, 1 October): I had enough funds in my Betdaq account for two more £50 qualifying bets. I identified two minimal loss qualifying bets as West Brom to win at home to Fulham at 2.25 together with a lay of £48.91 (£64.57 liability) and Swansea to beat Wolverhampton at 2.9 together with a lay of £48.99 (£96.99 liability). Two more to find, but I am hoping both of these lose at the bookmaker to avoid me having to add funds to the exchange.

Update (Saturday, 4 October): Both bets 'won', so my Boylesport account improved, and my Betdaq account reduced to almost zero. West Brom beat Fulham by a solitary goal, and Swansea upset the league leaders Wolverhampton 3 : 1. I won £62.50 and £95 on the bets and lost £64.56 and £97 on the lays. With two more qualifying bets to go before my next free bet, I am down a further £4.06.

Update (Sunday, 5 October): My next qualifying bet required a deposit of £55 into my Betdaq account to cover the lay. £50 on Osasuna to beat Racing Santander at 2.1 with a lay of £48.61 at 2.18. Osasuna lost 0 : 1, so my Betdaq account improved by £47.64 (£48.61 - £0.97), a £2.36 loss. One more qualifying bet to go.

Update (Thursday, 9 October): My final qualifying bet of £50 was on Georgia to beat Cyprus at odds of 2.10, a Betdaq lay of £49.53 at 2.14 counters the bet with a loss of £1.46.
Update (Saturday, 11 October): The game ended in a 1 : 1 draw, so my £50 bet lost and I won £48.54 (£49.53 less £0.99 commission) on Betdaq.

Update (Saturday, 11 October): Logged into my Boylesports account and discovered that my free bet was already available. I wasn't expecting to have the bet until my last qualifying bet was resolved. I had about £53 in my Betdaq account, so I bet on the Czech Republic to beat Poland at 2.63 with the £50 free bet. The lay was £30.41 (a £51.70 liability) at 2.7.
Poland beat the Czech Republic 2 : 1, so my free bet lost and I won £29.80 (£30.41 less £0.61) with Betdaq.

BetBoylesportsBetdaqDifference
1-£50£48.33-£1.67
2£62.50-£64.56-£2.06
3£95-£97-£2
4-£50£47.64-£2.36
5-£50£48.54-£1.46
Free£0£29.80£29.80
Total£20.25
Overall Profit£285.83

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