It’s Day 2 of the Cheltenham Festival 2023 on Wednesday, and you don’t want to miss this Betway price boost! They’ve enhanced Edwardstone or Energumene to win the 15:30 Cheltenham from 1/3 to a rather nice evens. Translated into matched betting terms, this gives you a profit of £4.33 and here’s how…
Price boost
The maximum stake appears to be £11.50 for this price boost, though this will vary per customer.
For a walkthrough of how to lay price boosts, please see my ‘Price Boosts‘ guide.
Matchbook works best for this offer
For this offer, Matchbook are the best exchange option. Their ‘Enhanced Specials’ market features a range of special bets, making laying bookmaker price boosts a breeze.
- 0% commission until 31st January 2024
You can calculate your lay stake using my Matched Betting Calculator.
As you can see, the calculator tells you that your lay stake should be £16.67.
Place £11.50 on ‘Edwardstone or Energumene To Win The Champion Chase’ @ 2.00 = Potential profit of £11.50
Lay £16.67 on ‘Edwardstone Or Energumene To Win The Queen Mother Champion Chase’ (Enhanced Specials) @ 1.43 = Potential liability of £7.16
Outcomes
Let’s look at your profit/loss for the potential outcomes.
| Outcome | Betway | Matchbook | Profit/Loss |
|---|---|---|---|
| Edwardstone or Energumene wins | + £11.50 | – £7.16 | £4.34 profit |
| Another horse wins | – £11.50 | + £15.83 | £4.33 profit |
So, no matter the outcome, you’ll make a minimum profit of £4.33 on this Betway price boost!
Don’t miss out on one of the most profitable weeks of the matched betting calendar! Please see my ‘Cheltenham Festival 2023 Offers‘ page for a comprehensive list of available bookmaker offers.
* Energumene won the race, resulting in a £4.34 profit 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.