There’s a big day of racing at Newcastle today and you don’t want to miss this BetBright offer. Place a £10.00 bet on each of the first three races at Newcastle, and BetBright will give us a £10.00 free bet to be used on the last race. Translated into matched betting terms, this gives us a guaranteed profit of £5.00 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 eligible races are as follows…
| Racecourse | Race Times |
|---|---|
| Newcastle | 14:15 14:45 15:20 |
We must place a £10.00 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.
Aim to lose no more than £1.00 on each of our 3 qualifying bets
So we will lose approximately £3.00 in qualifying for our £10.00 free bet.
Free Bet:
Our £10.00 free bet will be credited by 16:00 today (Sunday 16th October 2016) and must be used on the 17:30 at Newcastle.
By using straightforward matched betting, we should be able to extract 80% of our £10.00 free bet as cash, so around £8.00. If we take into consideration our qualifying loss of £3.00, this gives us a guaranteed profit of £5.00 on this BetBright 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.