Cheltenham Festival 2017 gets underway on Tuesday and you don’t want to miss this BetBright offer! Place a bet on each of the first three races at Cheltenham on Tuesday and BetBright will give us a free bet, up to £100.00, to be used on the last race of the day. Translated into matched betting terms, this gives us a guaranteed profit of £50.00 and here’s how…
Qualifying Bet:
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy for a walk-through guide on how they should be done.
Today’s qualifying races are as follows…
| Racecourse | Race Times |
|---|---|
| Cheltenham | 13:30 14:10 14:50 |
Our free bet will be equal to our smallest stake across the first three races. Therefore, to be eligible for the maximum £100.00 free bet, we must bet at least £100.00 on each of the first three races. There are no minimum odds requirements.
I like to place my exchange lay bets with Smarkets as they have great liquidity and the site is really easy to use. They are also charging 0% commission on the first race every day at Cheltenham!
We can calculate our lay stakes using the matched betting calculator.
Aim to lose no more than £10.00 on each of our 3 qualifying bets
So, we’ll lose approximately £30.00 in qualifying for our £100.00 free bet.
Free Bet:
Our £100.00 free bet will be credited by 16:00 on Tuesday 14th March 2017 and must be used on the 17:30 at Cheltenham the same day.
By using straightforward matched betting, we should be able to extract 80% of our £100.00 free bet as cash, so around £80.00. If we take into consideration our overall qualifying loss of £30.00, this gives us a guaranteed profit of £50.00 on this BetBright Cheltenham 2017 offer!
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £100,000 worth of profit, and made it my mission to make matched betting accessible to everyone.