The Aintree Festival 2018 gets underway on Thursday and you don’t want to miss this Betway offer! Simply place a bet on the first ITV race at Aintree each day and if our selection loses, Betway will refund our stake as a free bet, up to a maximum of £10.00. Translated into matched betting terms, this gives us an overall guaranteed profit of £15.00+ and here’s how…
The Offer:
This offer is available on the first ITV race each day as follows…
Race | Time | Date |
---|---|---|
Doom Bar Anniversary Juvenile Hurdle | 14:20 | Thursday 12th April 2018 |
Betway Top Novices’ Hurdle | 14:20 | Friday 13th April 2018 |
Betway Mersey Novices’ Hurdle | 14:25 | Saturday 14th April 2018 |
Only bets placed after 00:00 on Saturday 7th April 2018 will be eligible.
Losing stakes are refunded as a free bet, so this is effectively a risk-free offer. We’ll need to select horses with long odds in order to maximise our profits. The back and lay odds should tighten up on the day of each race.
Qualifying Bets:
At the time of writing, the lay odds for the Doom Bar Anniversary Juvenile Hurdle are not quite tight enough, so I’ll use fictional odds for Malaya in the following example and I’ll update the table at the bottom of the post with some actual odds after the race.
I like to place my exchange lay bets with Betfair as they have great liquidity in the run up to races and the site is really easy to use.
We can work out our lay stake by using the ‘Risk-Free Bet’ setting on my matched betting calculator. We can enter £7.50 as our ‘Cashback’ figure as this is the amount we can expect to extract (75%) from our £10.00 free bet refund, should our horse lose…
As you can see, the calculator tells us that our lay stake should be £8.27…
Place £10.00 on Malaya @ 6.50 = Potential profit of £55.00
Lay £8.27 on Malaya @ 7.00 = Potential liability of £49.62
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
Malaya wins | + £55.00 – £49.62 = £5.38 profit |
Malaya doesn’t win | – £10.00 + £7.85 + £7.50 (extract 75% from our £10.00 free bet) = £5.35 profit |
So, regardless of the outcome and with some good odds, we should make a guaranteed profit of £5.00+ on each race. With three eligible races to look forward to, this gives us an overall guaranteed profit of £15.00+ on this Betway offer!
If eligible, free bets will be credited within 24 hours of our qualifying bets being settled and will be valid for 24 hours. Free bet stakes are not included in any returns.
I’ll update the following table with some suggested bets throughout the festival…
Race | Selection | Back Odds | Lay Odds | Profit |
---|---|---|---|---|
Doom Bar Anniversary Juvenile Hurdle | Nube Negra | 11.00 | 13.00 | £5.02 |
Betway Top Novices’ Hurdle | Vision Des Flos | 5.50 | 6.20 | £4.83 |
Betway Mersey Novices’ Hurdle | Western Ryder | 8.00 | 8.60 | £5.55 |
* By selecting the above horses, we made an overall profit of £15.40 on this Betway offer. *
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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.