It’s a big Thursday of horse racing and Betfred are getting in on the action! Place a £5.00+ bet on a horse racing PickYourPunt market and if it loses, Betfred will give us £5.00 in free bets. Translated into matched betting terms, this gives us a potential profit of £17.50 and here’s how…
Key terms
- Applies to our first losing £5.00+ bet on a horse racing PickYourPunt market.
- Applies to bets placed on Thursday 28th October 2021, after 09:00.
- If our bet loses, Betfred will give us £5.00 in free bets.
Qualifying bet
It’s unlikely that we’ll find a PickYourPunt selection that is layable.
Instead, we can take a speculative approach and not lay our PickYourPunt bet. If our bet loses, we know that by using straightforward matched betting, we should be able to convert our £5.00 free bet into 80% cash, so £4.00. That means the most we can lose on this offer is £1.00 and we could make a nice profit.
So, looking at the selections available for Lingfield, we could place our qualifying bet on 4 Or More Winning Favs at odds of 4.50 (7/2).
Place £5.00 on a PickYourPunt bet of your choice
Free bet
If 4 or more favourites win at Lingfield, we’ll make a profit of £17.50 on this Betfred offer!
Risking £1.00 to make a potential profit of £17.50 means we would only need to win 1 in every 18 bets to break even. It really is too good an offer to miss!
If our bet loses, our £5.00 in free bets will be credited within 24 hours of settlement and will be valid for 7 days.
* Two favourites won at Lingfield, resulting in a loss of £1.00 on this Betfred 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.