188BET Offer – Breeders’ Cup 2016

The Breeder’s Cup 2016 takes place on Friday and you don’t want to miss this 188BET offer. Simply bet £30.00+ on horse racing (via mobile) between Monday 31st October 2016 and Wednesday 2nd November 2016 and 188BET will give us a £10.00 free bet to be used on the Breeders’ Cup! Translated into matched betting terms, this gives us a guaranteed profit of £7.80 and here’s how…

Qualifying Bet:

Qualifying bets must be placed via MOBILE.

If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how they should be done.

All bets placed on horse racing between 00:01 on Monday 31st October 2016 and settled by 23:59 on Wednesday 2nd November 2016, will be eligible.

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 stakes using my matched betting calculator.

So, we will lose a total of £1.20 in qualifying for our £10.00 free bet.

Free Bet:

Our £10.00 free bet will be credited between 18:00 and 19:00 on Friday 4th November 2016 and must be wagered twice at minimum odds of 2.00 (evens) or greater, before any subsequent winnings can be withdrawn.

By using straightforward matched betting, we should be able to extract 90% of our £10.00 free bet as cash, so around £9.00. If we take into account our qualifying loss of £1.20, this gives us a guaranteed profit of £7.80 on this 188BET offer!