There’s a big evening of racing at Chelmsford City tonight and you don’t want to miss this BetBright offer. Place a £5.00 bet on each of the first three races at Chelmsford City, and BetBright will give us a £5.00 free bet to be used on the last race. Translated into matched betting terms, this gives us a guaranteed profit of £2.80 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 eligible races are as follows…
Racecourse | Race Times |
---|---|
Chelmsford City | 17:45 18:15 18:45 |
We must place a £5.00 qualifying bet on each of the above three races. There are no minimum odds requirements.
I like to place my exchange lay bets with Smarkets as they have great liquidity, 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.
So we will lose approximately £1.20 in qualifying for our £5.00 free bet.
Free Bet:
Our £5.00 free bet will be credited by 20:00 today (Wednesday 4th May 2016) and must be used on the last Chelmsford City race of the day, which is at 20:45.
By using straightforward matched betting, we should be able to extract 80% of our £5.00 free bet as cash, so around £4.00. If we take into consideration our qualifying loss of £1.20, this gives us a guaranteed profit of £2.80!
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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.