Betfair Exchange – Cheltenham Free Bet Pot (Week 3)

Cheltenham Festival 2022 is just two weeks away, and you don’t want to miss this Betfair Exchange free bet offer! Bet £20.00+ on horse racing this week, and Betfair will add a £10.00 free bet to our Cheltenham free bet pot. Translated into matched betting terms, this gives us a potential profit of £6.00 and here’s how…

Key terms

• Applies to horse racing bets placed and settled between 00:00 on Monday 7th March 2022 and 23:59 on Sunday 13th March 2022.
• Minimum total stake of £20.
• Minimum odds of 1.50.
• If you place a lay bet, the liability will be considered as the stake.
• £10 free bet will be credited at 10:00 on Monday 14th March 2022.
• Free bet will be valid on the Cheltenham Festival 2022.
• Betfair Rewards ‘Basic’ customers are excluded from this promotion.

Qualifying bet(s)

Please see my qualifying bets guide if you’d like more information about them and how they work.

Both back and lay bets qualify for this promotion. You can lay against other offers using your Betfair account and meet the qualifying criteria that way, or you can place a back bet on the Betfair Exchange and lay against it at another exchange. It’s entirely up to you which approach you take.

We can calculate our lay stakes using my Matched Betting Calculator…

Aim to lose no more than £2.00 on our qualifying bet(s)

Free bet

Our £10.00 free bet will be credited at 10:00 on Monday 14th February 2022 and valid on the Cheltenham Festival 2022.

Using straightforward matched betting, we should convert our £10.00 free bet into 80% cash, so £8.00. Considering our expected qualifying loss of £2.00 gives us a profit of £6.00 on this Betfair Exchange offer!