£45.00
Guaranteed Profit
£45.00
Actual Profit

138.com Cheltenham Offer – £100.00 in Free Bets


Posted by Matt (administrator) Matt
Start Time: 15/03/2016 13:30

The Greatest Show on Turf gets underway on Tuesday and you don’t want to miss this offering from 138.com! Simply place a £10.00 bet on all 7 races each day and 138.com will give us a £25.00 free bet. Translated into matched betting terms, this gives us a guaranteed profit of £45.00 and here’s how…

138.com Cheltenham Offer - £100 in Free Bets

Qualifying Bets:

If you’re unsure about how to place qualifying bets, check out my Qualifying Bet Strategy page for a walk-through guide on how it should be done.

All we have to do each day is place a £10.00 Win Single bet on all 7 Cheltenham races to receive a £25.00 free bet. Only bets placed after 09:00 each day will be eligible. This offer is available on all four days, meaning we can bag a total of £100.00 in free bets.

The 7 qualifying races on Friday 18th March 2016 are as follows…

TimeRace
13:30JCB Triumph Hurdle
14:10Vincent O’Brien County Handicap Hurdle
14:50Albert Bartlett Novices' Hurdle
15:30Timico Cheltenham Gold Cup Steeple Chase
16:10Foxhunter Chase
16:50Martin Pipe Conditional Jockeys’ Handicap Hurdle
17:30Grand Annual

It’s entirely up to you which horses you go for. There is no minimum odds requirement for this offer, so our qualifying losses will vary from one race to the next depending on whether we are able to back a favourite at tight short odds or whether we have to go for something a bit longer.

I like to place my exchange lay bets with Smarkets as they have great liquidity in the run up to races, 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 the matched betting calculator.

138

Aim to lose no more than £1.25 (average) on each of our 7 qualifying bets

So we will lose £8.75 in qualifying for our £25.00 free bet.

Free Bets:

Free bets will be credited by 09:00 the following day and will be valid for 7 days.

By using straightforward matched betting, we should be able to extract 80% cash from our £25.00 free bets, so £20.00. If we take into account our daily qualifying loss of £8.75, this gives us a guaranteed daily profit of £11.25.

This offer is available on all four days of the Festival, giving us a guaranteed overall profit of £45.00 on this 138.com Cheltenham offer!

Comments


  1. Cherry

    Guest user

    Any min odds apply?

    +0
    Reply
    1. Matt

      267

      There’s nothing in the terms about a minimum odds requirement so we should be fine.

      +0
      Reply
  2. Cherry

    Guest user

    When will the free bet credit?

    +0
    Reply
    1. Matt

      267

      By 09:00 the following day.

      +0
      Reply
  3. Cherry

    Guest user

    I used the bonus to place the bet will they count the £25 free bet offer?

    +0
    Reply
  4. hello1

    0

    You should really make a warning about this company. As me and many others has been unable to withdrawl winnings. I personally have lost 450£( total for 12bet, fun88, 138). Basiclly they just give you your deposit back and keep any winnings.

    +0
    Reply

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