Whatever you do this weekend, DO NOT MISS this Bet365 Grand National offer! Simply place your bets on the Aintree Grand National 2015 between Thursday 9th April 2015 and midday on Saturday 11th April 2015 and Bet365 will give us half our stake back for every each-way bet we place, up to a maximum total refund of £125.00. Translated into matched betting terms, this gives us a minimum guaranteed profit of £75.29 and here’s how…
To qualify for this Bet365 Grand National offer, you must be an existing bet365 account holder and have opened your account before 23:59 on Wednesday 8th April 2015. If you don’t already have an account, make sure you sign up to Bet365 today to make sure you don’t miss out on any big offers in the future. Bet365 have the best welcome offer around (£200.00 matched deposit bonus) and their in-play offers on the biggest football matches are hugely profitable.
To add to the unbeatable value, Bet365 are also Non-Runner No Bet and paying 1/4 odds for the first FIVE places on the Aintree Grand National 2015!
If you’re unsure about how to place qualifying bets, check out my Qualifying Bet Strategy page for a walkthrough guide on how it should be done.
For this Bet365 Grand National offer, it makes sense to place our qualifying bet on the race favourite. This will keep our outlay to a minimum. Bet365 will refund the each way part of our qualifying bet up to a maximum of £125.00. So in order to claim the maximum £125.00 refund, we need to place £125.00 each way on the favourite. ‘Each way’ means that half of your total stake is placed on the horse to win at the normal odds and then the other half on it to finish in the top few places at 1/4 odds. As mentioned above, Bet365 will pay out if your horse finishes in the first 5 places.
If we break our Bet365 bet into two halves, we can now lay them at Betfair. Don’t forget to use the matched betting calculator when working out your lay stakes…
Laying the ‘win’ part of our each way bet:
We placed £125.00 on Shutthefrontdoor to win @ 8.00 = Potential profit of £875.00
Laying the ‘place’ part of our each way bet:
We placed £125.00 on Shutthefrontdoor to place in the first 5 @ 2.75 = Potential profit of £218.75
*Just to clarify, as a few people have asked about this, the ‘To Place’ part of our each way will be paid out at 1/4 odds. Shutthefrontdoor is priced at 8.00 to win, which in fractional form is 7/1. A quarter of 7/1 is 1.75/1 and therefore our odds in decimal form are 2.75.*
Let’s now have a look at our overall profit/loss for the three potential outcomes…
|Shutthefrontdoor wins||+£875.00 – £883.44 + £218.75 – £260.01 + £125.00 refund = £75.30 profit|
|Shutthefrontdoor finishes 2nd 3rd or 4th||-£125.00 + £116.56 + £218.75 – £260.01 + £125.00 refund = £75.30 profit|
|Shutthefrontdoor finishes 5th||-£125.00 + £116.56 + £218.75 + £83.73 + £125.00 refund = £419.04 profit|
|Shutthefrontdoor doesn't place||-£125.00 + £116.56 – £125.00 + £83.73 + £125.00 refund = £75.29 profit|
So, as you can see, no matter what the result of the race, we stand to make a minimum guaranteed profit of £75.29!
As mentioned earlier, Bet365 are paying 1/4 odds for the first 5 places. The ‘To Place’ market on the Betfair Exchange is for the first 4 places. This means that if Shutthefrontdoor finishes 5th, we’ll make a massive profit of £419.04 as both of our place bets will have won!