William Hill New Horse Racing Offer

  • Hi all. I’m fairly new to matched betting so still getting to grips how to play certain offers. My first thought was this looks good but not sure how to play it. Any advice??

    HIGH 5
    Our New Horse Racing Offer

    One in three National Hunt (jumps) races were won by five or more lengths last season.

    With that in mind, we give you our new racing offer – High 5. Place a bet on selected jumps meetings, and if a horse wins by 5 or more lengths…

    » Back the winner and you’ll get a 25% bonus.
    » Finish second and get money back as a free bet.

    There’s a High 5 meeting every single day:
    ‣ Friday and Saturday – All jumps meetings.
    ‣ Sunday to Thursday – One selected meeting.
    ‣ All live Channel 4 races

    It all starts this Friday, just in time for the top class racing at Cheltenham’s three day Open Meeting.

    So if your horse romps home, or finishes behind a clear winner, we’ve got this jumps season covered.

    LATEST RACE CARDS
    Terms & Conditions
    ‣ 6 or more horses must run to qualify.
    ‣ Singles only.
    ‣ All bonuses paid as a free bet.
    ‣ Maximum for 25% win bonus = £100.
    ‣ Maximum for Money Back 2nd = £25.
    ‣ Only your first bet on the race will count.
    ‣ Available on Mobile, Internet, Text, Telebetting & in Shops.
    ‣ Full terms apply.

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    Chris 18

    Agree-ish on that. I want matching or arbing odds even if that means waiting a while and/or sticking a lay in and waiting for someone to take it. If the lay odds are more than 0.2 points apart i stay off. So the max QLs i go for depend on stakes:

    £25 – 40-50p
    £50 – £1
    £100 – £2

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    Tony 12

    Agree with Chris, although it can be tricky if you cannot keep an eye on the market in the 20 mins before the race to be fair. I can see why those that only have 2-3 mins to look, analyse and place back and lay bets might sneer at this offer.\

    However, if you are able to then I would recommend keeping an eye on the Hills odds 10 mins before the off – that is when the short priced favourites who have been many many clicks off their exchange price thus far all day will be bumped right up to nearly arb prices. It happens so regularly that you can almost set your watch by it. Just a matter of catching it at the right time. Having some informed expectation of likely exchange movements also helps.

    Some cracking results at Wetherby today, snagged 3 winners and a second, but that means even more money going into my Hills accounts 🙁 Occupational hazard I guess, haha 😉

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    matchedem
    Blocked
    10

    Yep I know it’s much better to be on it at the time of the race…this sat I plan just that

    With regards non runners if a horse is over 14/1 the exchange may reduce your liability price but bookies won’t reduce your payout as there is no rule 4. Similar many bookies actually waive the first 5p reduction on I believe 10/1 to 14/1 shots do another chance of extra profit if your horse wins

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    matchedem
    Blocked
    10

    It’s an off chance thing but if u day back 20 horses on various offers early in the morning u can expect a few to have reduction factors applied and one could win! Also I’ve found even for lower priced horses the exchange reduction is always higher than the bookies (plus it’s based on bet and winnings not just winnings)

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    orlandosteve 2

    Not sure who asked now but re approach, I just go for the lowest QL versus highest possible FB if it wins by 5+, this usually means backing the favourite.

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    Tony 12

    Depending on the fav odds you have to scale your stakes up to make it worthwhile though.

    Very little point in going for the 50/1 outsider just cos it offers the lowest QL (which it never does btw, just talking theoretically)

    1.5 fav = £200 stake
    2.0 fav = £100 stake
    etc…

    You then have to consider if it’s gonna appear a little odds whacking £200 on a horse when you normally bet £20 or £25 on everything else at Hills but that takes us back to the account longevity v short term profits argument…

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    clivewpowney 0

    there is little doubt in my mind that there is a lot of profit in this offer. I have counted up what I have made since I started doing this offer since nov 16th last year and have had £1300 in free bets and around £300 from BOG, the BOG has more than covered any qualifying loses I have made. At first I was very wary of placing large amounts on this , but eventually was quite confident.
    My tactic is to bet smaller amounts on higher odds unless there are are only 6 – 8 or so runners or larger amounts on much reduced odds. For example 7.0 I would only bet £30 , over 2.0 I would bet up to £200, odds on up to £300. Just check the amount you would win and make sure there is liquidity – divide the win by 4 and make sure this is less than £100. If you have time, like someone else has said on this blog, mostly the odds on willy hills are quite predictable coming in to the race , especially the lower odds favourites. I sit with the bet slip open with the 2 top horses (favourite and second favourite) and watch the odds fluctuate on willy hills and smarkets. At some point there will almost always be an arb or narb on one of these horses. then hit the bet and lay. It is great when you get these as it is a risk free bet. I have been caught a few times with a sudden drift immediately after placing my bet and had £15 ql’s , but on a few occasions this has resulted in a BOG up to £75 , so has been ok for me

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    Chris 18

    On at Ludlow today, looks to be a lot more tricky.

    The 4.30 will possibly be a good ew arb race too. Took Methad at 15 earlier but that price has now gone. Keeping an eye on Boutan and Pretty Reckless.

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    Chris 18

    Example of taking a price early for this offer.

    Took Butlergrove King in the 2.15 at 8.0 around 9.30am. Now laying at 6.8.

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    Buzzer123 2

    Just to echo Chris’s message, we were there last Thursday for High 5 and not one race qualified for it..

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    billybum 0

    Thanks guys for your info on this thread, really informative. I have caught a few free bets on this and usually watch hills/smarkets and get a good arb if possible. TBH my problem is that I know very little about horse racing in general, and I think if you have a better idea of horses, stables, distances, etc… your decisions/betting can be better informed!

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    billybum 0

    Surely, in taking early prices you are either knowledgeable/informed about the horse/race OR riding on blind luck??

    I know odds drift, however, they don’t always go in your favour and you can be left with some big QL (if you slam down £100 say).

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    Tony 12

    There we go… a good example of what I was saying above.

    13:45 Ludlow – the fav was priced at 2.62 on Hills and was hovering between 2.7-2.9 on the exchange. Sure enough, 10 mins before the race (like clockwork, honestly!) Hills bump the price to 2.75 and the lay (conveniently!) drops just below 2.7 (I got 2.68) giving you a nice arb on the fav.

    Since then the odds have drifted out which means BOG might also kick in… we shall see

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    Tony 12

    SP was 2.87 so BOG would have kicked in, but the fav was 2nd so a moot point now.

    Watching that first race, won by less than a length (though 9L clear of 3rd) is enough for me not to bother with this offer for the rest of the day tbh

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    matchedem
    Blocked
    10

    Just Tara mist at 4 for me today…concentrateiring on the faller assurance based on the meetings

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