There’s a big day of racing at Ascot today and you don’t want to miss this Betway price boost. They’ve enhanced Claimantakinforgan and Finians Oscar both to win from 7/2 to a tasty 11/2! Translated into matched betting terms, this gives us a risk-free potential profit of £15.96 and here’s how…
Price Boost Bet:
Maximum stakes for this offer may vary for different accounts, but the following example is based on a maximum stake of £20.00.
Place £20.00 on Claimantakinforgan & Finians Oscar both to win @ 6.50 = Potential profit of £110.00
As both races get underway at different times and don’t overlap, we can lay each leg sequentially for a risk-free potential profit.
We start by placing a lay bet on Claimantakinforgan in the 13:55 at Ascot. If Claimantakinforgan doesn’t win, our price boost bet has lost and we’ve broken even. If Claimantakinforgan does win, we can then place our next lay bet on Finians Oscar in the 14:30 at Ascot. When laying sequentially, we continue placing our lay bets so long as our price boost legs keep winning.
We can calculate our lay stakes using my Sequential Lay Calculator…
Race 1: 13:55 Ascot
I like to place my exchange lay bets with Betfair as they have great liquidity and the site is really easy to use.
Lay £21.06 on Claimantakinforgan @ 2.10 = Potential liability of £23.16
| If Claimantakinforgan wins | – £23.16 = – £23.16 |
| If Claimantakinforgan doesn’t win | – £20.00 + £20.00 = £0.00 |
So, if Claimantakinforgan doesn’t win, the offer will be over and we’ll have broken even. However, if Claimantakinforgan does win, we’ll have lost £23.16 so far.
Race 2: 14:30 Ascot
Lay £45.44 on Finians Oscar @ 2.56 = Potential liability of £70.88
| If Finians Oscar wins | + £110.00 – £23.16 – £70.88 = £15.96 profit |
| If Finians Oscar doesn’t win | – £20.00 – £23.16 + £43.16 = £0.00 |
So, if either Claimantakinforgan or Finians Oscar fails to win, we’ll have broken even and there’s no harm done. However, if both horses win, we’ll have made a nice risk-free profit of £15.96!
I’d like to point out that the above workings are based on the lay odds that were available at the time of writing. If the lay odds fluctuate before we are able to place our lay bets, this may result in us making more potential profit, less potential or even a slight loss, so please bear that in mind before deciding whether or not to do this offer.
* Claimantakinforgan won, but unfortunately Finians Oscar was beaten into second by a short head, resulting in break even on this Betway offer. *
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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.