The Cheltenham Festival 2018 is underway and you don’t want to miss this NetBet offer! Simply place a Race Winner bet on the first race at Cheltenham each day and if our selection loses and finishes within the advertised place terms, NetBet will refund our stake as a free bet, up to a maximum of £20.00. Translated into matched betting terms, this gives us an overall potential profit of £40.00+ and here’s how…
The Offer:
We must opt in to this promotion before 13:25 on Friday 16th March 2018, to be eligible.
This offer is available on the first race each day as follows…
| Race | Time | Date |
|---|---|---|
| Supreme Novices’ Hurdle | 13:30 | Tuesday 13th March 2018 |
| Ballymore Novices’ Hurdle | 13:30 | Wednesday 14th March 2018 |
| JLT Novices’ Chase | 13:30 | Thursday 15th March 2018 |
| Triumph Hurdle | 13:30 | Friday 16th March 2018 |
If our selected horse doesn’t win the race, but finishes in the advertised place terms, NetBet will refund our stake as a free bet, up to a maximum of £20.00.
Qualifying Bets:
Having looked at the odds available for the Ballymore Novices’ Hurdle, we could place our qualifying bet on Samcro.
I like to place my exchange lay bets with Betfair as they have great liquidity in the run up to races and the site is really easy to use.
We can calculate our lay stakes using my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £19.51…
Place £20.00 on Samcro @ 1.727 = Potential profit of £14.54
Lay £19.51 on Samcro @ 1.82 = Potential liability of £15.99
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Samcro wins | + £14.54 – £15.99 = £1.45 loss |
| Samcro places 2nd or 3rd | – £20.00 + £18.53 + £15.00 (extract 75% from our £20.00 free bet) = £13.53 profit |
| Samcro finishes outside top 3 | – £20.00 + £18.53 = £1.47 loss |
So, if Samcro places 2nd or 3rd, we’ll make a nice profit of £13.53. Any other outcome and we’ll have made a maximum loss of £1.47. Risking £1.47 to make a profit of £13.53, gives us effective odds of 10.20, which I’m sure you’ll agree makes this a profitable offer in the long run.
If eligible, free bets will be credited within 24 hours of the race finishing and will be valid on horse racing for 7 days. Free bet stakes are not included in any returns.
I’ll update the following table with suggested bets throughout the week…
| Race | Selection | Back Odds | Lay Odds | Qualifying Loss | Potential Profit |
|---|---|---|---|---|---|
| Supreme Novices’ Hurdle | n/a | n/a | n/a | n/a | n/a |
| Ballymore Novices’ Hurdle | Samcro | 1.727 | 1.82 | £1.45 | £13.53 |
| JLT Novices’ Chase | Terrefort | 5.00 | 5.40 | £2.25 | £12.75 |
| Triumph Hurdle | Apple’s Shakira | 2.20 | 2.26 | £1.09 | £13.91 |
* Overall profit of £10.21 on this NetBet offer. *
More reload offers – Make £300+ per month
With detailed walkthroughs for all the best offers as they’re released, you’ll be bagging recurring profits in no time.
More reload offers
Got a question?
Leave me a comment below…
I usually respond within 24 hours.
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.