It’s time for another BetVictor offer! Simply place 4 or more bets on Saturday’s live Channel 4 horse racing and BetVictor will give us a free bet to our average stake up to a maximum of £10.00. Translated into matched betting terms, this gives us a guaranteed profit of £6.00 and here’s how…
Qualifying Bet:
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walkthrough guide on how to place your qualifying bets.
The eligible races are as follows:
| Newmarket | 2.00 2.35 3.10 3.45 |
| York | 1.45 2.20 2.55 3.25 |
| Ascot | 2.10 2.45 |
We need to select 4 horses to place a £10.00 bet on with BetVictor and then we need to lay those horses at a betting exchange. It’s entirely up to you which horses you go for.
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 £0.50 on each of our 4 qualifying bets
So we will lose approximately £2.00 on our qualifying bets in order to claim our £10.00 free bet.
Free Bet:
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 £2.00, this gives us a guaranteed profit of £6.00!
If you’re not sure how to extract 80% of the £10.00 free bet, please see my Free Bet Strategy page for a walkthrough guide on how it should be done.
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £85,000 worth of profit, and made it my mission to make matched betting accessible to everyone.