666Bet have gone Cheltmental! For each day of the festival, they are offering ALL, yes all, customers a free bet of £25.00. Simply deposit and place £10.00 or more on the first race of Cheltenham each day and 666Bet will give us a matched free bet, up to a maximum of £25.00. Translated into matched betting terms, this gives us a guaranteed profit of £65.63 and here’s how…
Qualifying bets
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walkthrough guide on how to place your qualifying bets.
To get ourselves the maximum £25.00 free bet each day, we need to place a bet of £25.00 on any horse in the first race. It doesn’t matter which horse we place our qualifying bet on, but it would make sense to use the matched betting calculator to identify the horse that gives us the smallest qualifying loss. Here are some suggestions…
| Day | Race | Horse | Back Odds | Lay Odds | Qualifying Loss |
| Tuesday | 13:30 Supreme Novices’ Hurdle | Lami Serge | 4.333 | 4.90 | £3.78 |
| Wednesday | 13:30 Neptune Novices’ Hurdle | Windsor Park | 6.00 | 6.60 | £3.24 |
| Thursday | 13:30 JLT Novices’ Chase | Vautour | 2.75 | 2.94 | £2.40 |
| Friday | 13:30 Triumph Hurdle | Peace And Co | 3.25 | 3.90 | £4.95 |
So we will lose £14.37 on our qualifying bets in order to claim our 4 x £25.00 free bets.
Free bets
By using straightforward matched betting, we should be able to extract 80% of each £25.00 free bet as cash. So 4 x £20.00 gives us £80.00. If we take into consideration our qualifying loss of £14.37, this gives us an overall guaranteed profit of £65.63!
If you’re not sure how to extract 80% of each £25.00 free bet, please see my Free Bet Strategy page for a walkthrough guide on how it should be done.
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £70,000 worth of profit, and made it my mission to make matched betting accessible to everyone.