Easy Profits from the Bet365 Bore Draw Offer

As well as the Bet £50 Get £50 In-play and the 2up Early Payout, the Bore Draw Offer is another example of a top football reload offer that’s available from Bet365 that we can make some really decent profits from with Matched Betting.

Skill Level Recommendation: The Bet365 Bore Draw Offer tends to be considered as an intermediate level Matched Betting reload offer as the markets that we need to bet on usually have higher odds so require large liabilities.  Large liabilities mean a decent-sized bankroll is required – unless you choose to use smaller stakes at first (such as £5-£15).

We also use an Advanced Matched Betting calculator – The Refund If Calculator – and may need to place two lay bets on different outcomes at the Betting Exchange (depending on the strategy used). If you’re quite new to Matched Betting we’d recommend waiting to start this offer until you’ve at least completed all the signup offers and mastered some of the easier reload offers such as Bet & Get In-Play Offers, Price Boosts, Horse Racing Refunds and Same Game Multi (a.k.a. Build A Bet) Offers.

What’s in this article? In this article, we’re going to explain what the Bet365 Bore Draw Offer is, how to find good (+EV) Qualifying Bets for it using the Refund If Calculator or the Lock-in Profits Thread on the Profit Accumulator Forum. Finally, we’ll discuss the different strategies you can choose from to make a profit with this offer.


What is the Bet365 Bore Draw Offer

The Bore Draw Offer is an example of a "Football Refund If Offer" in Matched Betting as Bet365 give us a full cash refund on any of our Correct Score or Half-time/Full-time bets, on any football game, if the game ends 0-0 and our bet loses.

That last bit: if the game ends 0-0 AND our bet loses – is very important.

Why?

As it means we must NEVER do our Qualifying Bet for this offer on either of the following outcomes:

Correct Score to be 0-0

Half-time/Full-time result to be Draw/Draw

As if the game we’ve bet on ends 0-0, neither of these bets will lose and we will then NOT get our stake refunded as cash – and NOT make a profit from this offer

THE NUMBER 1 RULE OF THIS OFFER: Do not do your Qualifying Bet on 0-0 or Draw/Draw.

Do your Qualifying Bet on any other Correct Score or Half-time/Full-time outcome.


How to Find Qualifying Bets for the Bore Draw Offer

The simplest and fastest way to frequently find potentially good Qualifying Bets for the Bet365 bore-draw offer is to set up and save your own filter on our Oddsmatching Tool.

If you’ve never set up your own filter before we’d recommend reading our guide ‘Making the Most of the Oddsmatching Tool’ first – as being able to set up your own filters is a super useful skill to master for many of the reload offers.

Here’s an example of how you could choose to set up your own Bet365 Bore Draw filter on our Oddsmatching Tool:

The_Oddsmatcher_Filter_Bet365_Bore_Draw_Reload_Offer_Matched_Betting

The settings we’ve chosen are as follows:

1)      Sport = Football

2)      Market Types = Correct Score + Halftime/Fulltime

3)      Bookmaker = Bet365

4)      Minimum Rating = 93

4)      Time Frame = Next 3 Days

5)      Search = English Premier League,English Championship,English League 1,English League 2,English FA Cup,English Football League Cup,Scottish Premiership,Spanish La Liga,Italian Serie A,German Bundesliga 1,French Ligue 1,UEFA Champions League,UEFA Europa League

(The leagues in this list are the same leagues that are eligible for the 2up Early Payout Offer as well. It’s up to you whether you include league search restrictions as the offer is available on ‘any football game’. To avoid being gubbed it’s usually best to avoid betting on less popular leagues is why we selected these leagues).

Please be aware these settings will show results for 0-0 and for Draw/draw – you will need to ignore such results if they do appear as you must use them for this offer.


How to Establish if it’s a ‘Good’ or ‘Bad’ Qualifying Bet

Members use different strategies to decide if a Qualifying Bet is worth doing or not for this Bore Draw offer.

Some members will deem the Qualifying Bet worthwhile if it is a close match (98%+) which gives them a small Qualifying Loss.

This approach however does not account at all for the likelihood of a game ending 0-0.

If you know football well (i.e. which teams score in most of their games, or which teams concede goals in most games) you may automatically, or subconsciously, avoid doing your Qualifying Bet on games that involve such teams.  – but not all of us know all the teams in each league so well. In fact, many of us don’t know much about football at all!

Additionally – although you think might ‘know’ football, unless you are using dedicated football statistical and analytical software that includes years of data, as the bookies do, you don’t really ‘know’ football enough to be certain if your choice of Qualifying Bet really is ‘good’ or not.  

What can we do to solve this issue?

That’s easy – take account of the likelihood that the game will end 0-0 in our choice of Qualifying Bet.

How on earth can we do this?

By using the Betting Exchange lay odds for the Correct Score to be 0-0 in our ‘Refund If Calculator’.

 

Determining a ‘Good’ Qualifying Bet for the Bet365 Bore Draw Offer

The Oddsmatching Tool has found a potentially good Bore Draw Qualifying Bet with a 97.22% match rating between the odds for us to consider on an English League 2 game between Southend and Carlisle (on Saturday 3rd April 2021). 

Potentially_Good_Bet365_Boredraw_Bet_Found_via_the_Oddsmatcher

We’re now going to input the details of this specific bet, as well as the lay odds from Smarkets against a Correct Score of 0-0 happening in this game (which are 9.2 in this case) into our ‘Refund If’ Matched Betting Calculator.

Lay-Odds-on-Smarkets-Against-0-0-between-Southend-and-Carlisle

Bet365-Bore-Draw-Offer-Inputs-for-the-Refund-If-Calculator

As the Bet365 Bore Draw offer is a full cash refund it means we use a 100% refund retention. If the offer were for a free bet – we would change this to be 80%.

On the Standard Results section of the calculator, we can see the outcome based on if the 0-0 trigger occurs or if it doesn’t occur.

Bet365-Bore-Draw-Offer-Results-for-the-Refund-If-Calculator

Here the results are a positive number (coloured green). This means the Qualifying Bet is worth doing as the Refund If Calculator has deemed this bet to have a positive Expected Value (+EV).

If this result had been a negative number (coloured red) then it would have meant the Qualifying Bet was not worth doing as the Refund If Calculator deemed the bet to have a negative Expected Value (-EV).

THE 2ND RULE OF THIS OFFER: Only do Qualifying Bets that the Refund-If Calculator shows to be +EV.

 

You can also find good +EV Bore Draw Qualifying Bets in the Forum

If you ‘watch’ the Lock-in Profit thread in the forum – members will frequently post good +EV Qualifying Bets they come across. The +EV is commonly referred to as the ‘lock-in profit’ (a strategy approach to this offer we outline below).

Here’s a few examples of such posts:

If you’re not sure how to ‘watch’ important threads in the forum like the ‘Lock-in thread’ this guide on Making the Most of the Profit Accumulator Forum will be an extremely useful read for you.

Now we’ve found a good +EV Qualifying Bet, the only decision we have to make now is which Bore Draw profit strategy we are going to use. 

A guaranteed profit strategy or a potential profit strategy?


Alternative Strategies for the Bet365 Bore Draw Offer

Option 1: Full, immediate profit lock-in using the Refund If Calculator

This strategy is all about never incurring any Qualifying Losses and always making an instant profit. Profits are small and frequent.

This is also the simplest strategy to use as you literally just do what the Refund If Calculator tells you to do as soon as you see it gives you a profit.

Using our example +EV Qualifying Bet we found on the Southend vs Carlisle game to be 0-1 above:

Full-Refund-If-Calculator-for-Bet365-Bore-Draw-Offer

All we have to do now is place 3 bets:

1)  A £50 back bet at back odds of 7.0 at Bet 365 on the Correct Score outcome to be 0-1 to Carlisle.

2)  A £48.61 lay bet at lay odds of 7.2 at Smarkets (with 0% commission) against the Correct Score outcome to be 0-1 to Carlisle.

3)   A £5.43 lay bet at lay odds of 9.2 at Smarkets (with 0% commission) against the Correct Score outcome to be 0-0 in the Southend vs Carlisle game.

As soon as we have placed these bets and no matter if the score is 0-0 or not, we will make an instant profit of at least £4.05.

If you’re following the ‘Lock-ins’ thread in the forum, any time you see a Bet365 Bore-Draw lock-in posted you just do it in this same way each time.

 

Option 2: Underlay for no loss with potential profit using the Refund If Calculator

This strategy is all about never incurring any Qualifying Losses then sometimes making a profit. Profits are larger than with the ‘lock-in’ strategy under Option 1 but less frequent.

This is also a relatively simple strategy to use – all we have to do is swap the Refund If Calculator with our available +EV Qualifying Bet input to ‘Advanced Mode’ and then follow the instructions under the results section named “Underlay”.

Swap-Refund-If-Calculator-to-Advanced-Mode-for-Bet365-Bore-Draw-Underlay-Strategy

Using our example +EV Qualifying Bet from above (0-1 to Carlisle), but with ‘Advanced Mode’ switched on, these are the “Underlay” Results:

Bet365-Bore-Draw-Offer-Underlay-Method

All we have to do now is place 3 bets:

1)   A £50 back bet at back odds of 7.0 at Bet 365 on the Correct Score outcome to be 0-1 to Carlisle.

2)   A £48.61 lay bet at lay odds of 7.2 at Smarkets (with 0% commission) against the Correct Score outcome to be 0-1 to Carlisle.

3)    A £1.38 lay bet at lay odds of 9.2 at Smarkets (with 0% commission) against the Correct Score outcome to be 0-0 in the Southend vs Carlisle game.

If the game ends 0-0 we will make a profit of £37.30

If the game doesn’t end 0-0 (i.e. it ends with any other score) we won’t make a profit or a loss. We will be at £0.00 overall.

Done correctly, the Underlay strategy gives us a completely risk-free chance at a £37.30 profit. 

 

Option 3: ‘Let it Ride’ for a small loss with potential profit using the Refund If Calculator

This strategy incurs small Qualifying Losses and sometimes makes a profit. Profits are larger than either of the other strategies but less frequent.

As long as you only stick to +EV Qualifying Bets that do not incur Qualifying Losses greater than £2-£3 per £50 staked, this strategy will be profitable over the long term. We tend to only recommend using this strategy if you are already used to doing higher variance Matched Betting strategies (e.g. the 2up ‘full turn around’ strategy) and if you have a large bankroll available to deal with the variance involved.

An important difference with this strategy is that we will only be placing 2 bets – the same as we would do for a normal Qualifying Bet. We will NOT be laying the 0-0 correct score result as we have done with the other strategy options above.

Using our example +EV Qualifying Bet from above (0-1 to Carlisle), that also has a Qualifying Loss of -£1.38, which is less than the maximum £3 per £50 staked:

Bet365-Bore-Draw-Offer-Results-for-the-Refund-If-Calculator-Let-it-Ride-Strategy

All we have to do now is place 2 bets

1)  A £50 back bet at back odds of 7.0 at Bet 365 on the Correct Score outcome to be 0-1 to Carlisle.

2)  A £48.61 lay bet at lay odds of 7.2 at Smarkets (with 0% commission) against the Correct Score outcome to be 0-1 to Carlisle.

Again – we do NOT place the additional lay bet on the correct score of 0-0 with this strategy.

If the game ends 0-0 we will make a profit of £48.61 (our lay stake amount at the exchange).

(This is because the game was 0-0 and our 0-1 to Carlisle bet lost so Bet365 refunded our £50 stake back as cash. We’ve therefore at £0.00 at Bet365. Our lay against the 0-1 outcome at the exchange won so we gained £48.61 there - which is our profit).

If the game doesn’t end 0-0 (i.e. has any other score) we will be down our qualifying loss of -£1.38.

 

Option 4: ‘In-play Lock-in’ to reduce/remove losses and gain profit using the Refund If Calculator

This strategy reduces the variance (the wait to hit a profit) on the 'Let it Ride' strategy above. It will still incur small Qualifying Losses.

In this strategy, we follow the exact same approach as in the Option 3 ‘Let it Ride’ strategy in order to place our initial Qualifying Bet.

We then need to keep an eye on the game we’ve bet on and hope neither team scores in the first half or early on. If a team does score in this period the offer is over and we’ll be down our small Qualifying Loss.

If the game is 0-0 at half-time, the lay odds against the 0-0 correct score will likely have dropped substantially, and we will potentially have the opportunity to at least cover our qualifying loss and lock-in some profit.

How much profit you lock-in at the half-time point is up to you.

You could do a complete 100% profit lock-in and be certain of profit no matter what the final score is. (The lay odds against 0-0 should be much lower than they were at the start of the game meaning you can lock-in more profit now than you would have at the start).

You could lock-in 50% of the available profit then leave the rest of your bet to ride to hopefully make an additional profit if the game goes on to end 0-0.

You could lock in a smaller % of available profit (to cover your initial Qualifying Loss) then leave the rest of your bet to ride and hope to make an additional profit if the game goes on to end 0-0.

Using our Qualifying Bet from the ‘Let it Ride’ strategy above - if we pretend Carlisle didn’t score in the first-half of their game and it was still 0-0 at half-time, the lay odds against 0-0 likely would have dropped to about 2.30 or thereabouts.

If we opted to do a complete 100% in-play lock-in, all we need to do is update the Refund If Calculator like so:

In-play-lock-in-profit-strategy-for-the-bet365-bore-draw-offer

As we are only interested in the lay stake we need to use against 0-0 in order to lock-in our profit in-play the back stake amount needs to be set to £0.01, and the back and lay odds set to 1.

The maximum refund amount will remain the same as your original Qualifying Bet stake amount (i.e. the full amount Bet365 will refund you if it is 0-0).

The refund retention needs to be set at 100% - for a full lock-in. 

Finally we just need to input the in-play lay odds against 0-0.

Now we only need to place one lay bet of £21.74 against 0-0 at odds of 2.3 and we will make in profit £21.74 no matter if the game ends 0-0 or not. 

If the game is 0-0 we get £50 refunded at Bet365 but lose £28.26 in liability from the exchange. This works out to £21.74 in profit.

If the game is not 0-0 we don’t get anything from Bet365 (nor lose anything) but we do win our lay stake of £21.74 at the exchange. This puts us in £21.74 profit too.

(Overall, we would have made £20.36 in profit with this example in-play lock-in after we account for our £1.38 loss from our original Qualifying Bet).

You can also work out your 0-0 lay stake manually by dividing your full Refund Amount (£50 in this case) by the lay odds amount against 0-0 at the exchange (2.30 in this case). It’s better to use the Refund If Calculator though as this will show clearly what your final profit position will be based on the 0-0 outcome occurring or not.

For a 50% in-play lock-in we would update our Refund If Calculator as above but change the refund retention amount to be 50%. 

For a 20% in-play lock-in (usually to ensure our Qualifying Loss is covered) we would update our Refund If Calculator as above but change the refund retention amount to be 20%.

Although this strategy can be used to reduce the variance of the ‘Let it Ride’ Strategy (Option 3), it is a bit more involved as you have to keep an eye on the games you’ve bet on and then be sure you can place your required 0-0 lay bet at half-time using the Refund If Calculator as above. 

If you do choose this in-play lock-in approach – we’d recommend picking one strategy (e.g. 50% in-play lock-in) and sticking to it in most instances. Otherwise you’ll waste time umming and arring what to do. 

Matched Betting works best when you just do and don’t over think otherwise you start to waste time that could be used making more profits doing another offer.


Which is the Best Strategy to use for the Bet365 Bore Draw Offer?

Whichever strategy you feel most comfortable with and works best for you!

THE 3RD RULE OF THIS OFFER: There is no best strategy

Everyone’s experience, bankroll and time spare to do Matched Betting are different - and these really determine the strategy that is best for you to use.

As a guideline only, if you’re quite new to Matched Betting and just getting started on reloads - stick to locking in certain profits with Option 1 or dabble with underlaying in Option 2. If necessary start with smaller stake amounts (maybe from £5 up to £25) and build up.

If you’re experienced at Matched Betting, got a very decent bankroll but not much time and can handle the variance - the Let it Ride strategy (option 3) or the underlaying strategy with larger stakes (Option 2) are probably the ones to go for. Potentially you could also dabble in the In-Play Lock-in Strategy (Option 4) when you happen to have the time and the in-play lay odds on 0-0 give you a good profit option.

If you’re experienced at Matched Betting, got a very decent bankroll, don't have much time and don’t like dealing with a higher variance - the Underlay Strategy with larger stakes (Option 2) is probably for you. If you have more time and/or are keeping an eye on the games anyway (e.g. for the cash-out strategy on 2ups or for enjoyment) - then you could also consider the In-play Lock-in Strategy (Option 4).

 


A Few Tips on Profiting with the Bet365 Bore Draw Offer

  • For the more advanced strategies (Option 3 Let it Ride and Option 4 In-play Lock-in) there are 'good +EV' Qualifying Bets and then there are 'good +EV' Qualifying Bets. What on earth do we mean by this? Basically, although the Refund If Calculator may show you that the Qualifying Bet is +EV you also need to consider that you may want to opt to avoid doing a +EV Qualifying Bet where the lay odds are extremely high on a 0-0 outcome (e.g. may be 18.0 or higher). This choice is yours though and you can always refine your strategy as you go.
  • If you're doing this offer at the same time as the 2up Early-Payout offer or the Bet365 Bet £50 Get £50 in-play offer watch out that you don't do an opposing bet by accident. For example, say you bet on Liverpool to win the game for a 2up, you don't then want to choose a correct score where Liverpool lose 2-3 for the Bore Draw.
  • Always remember to double check all your inputs you've done on the Refund If Calculator. As you need to input the information manually getting in the habit of double checking what you've done is always a good idea.
  • Once you've mastered this offer make sure you start doing other Football Refund If Offers too as they can be really profitable. Watch for whether the refund is as cash or a free bet as you will have to change your refund retention % in your calculator accordingly.

 


Need a helping hand with this offer?

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Our Facebook Group, which has over 28,000 members, is a great place to ask for help and ask questions, especially if you are new to Matched Betting. Our community forum is also a great place to ask for help.

Alternatively you can also contact us directly for support too.


Interested in Getting Started Matched Betting?

You can start learning for free with our free trial and make your first profits.

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Alternatively, upgrade to our Platinum Membership here.
 You can easily make the cost of your monthly membership back within one hour once you get the hang of things. Talk about value for money!

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