Cheltenham Festival 2019 Offer – BoyleSports

The Cheltenham Festival 2019 gets underway on Tuesday and you don’t want to miss this BoyleSports Money Back Special! Simply place a bet on any race at the Cheltenham Festival and if our horse finishes 2nd or 3rd to the SP Favourite, BoyleSports will refund our stake as a free bet, up to £20.00. Translated into matched betting terms, this gives us an overall potential profit of £50.00+ and here’s how…

Key Terms:

  • Ante post bets placed after 09:00 on Tuesday 5th March 2019 will qualify.
  • Only our first bet on each race qualifies for the offer.
  • If our horse finishes 2nd or 3rd to the Starting Price (SP) Favourite, BoyleSports will refund our stake as a free bet, up to a maximum of £20.00.
  • 2nd place refund applies only to races with 5+ runners.
  • 3rd place refund applies only to races with 8+ runners.

Qualifying Bets:

This offer is available on all 28 races at the Cheltenham Festival 2019.

If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how it should be done.

It might be worth waiting until close to the start of each race as we need to select a horse that is unlikely to start the race as favourite.

The back and lay odds should tighten up closer to the start of each race. In the meantime though, I’ll use fictional lay odds for Laurina (4/1) in the Champion Hurdle (15:30 on Tuesday) to illustrate how this offer should be done. I’ll update the table at the bottom of the post with some actual selections at the end of each day.

At the time of writing, laying our bet at Smarkets is likely to give us the biggest potential profit.

We can work out our lay stake using my matched betting calculator…

Select bet type

Back Bet (Bookie)

%

Lay Bet (Betting Exchange)

%

Min £
Max £
Lay stake required: £
Bookie
Exchange
Cashback
Total
If back (bookie) bet wins
£
£
£
= £
If lay (exchange) bet wins
£
£
£
= £
Total profit: £

Optimal Underlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

Optimal Overlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

As you can see, the calculator tells us that our lay stake should be £19.31…

BoyleSports logo

Place £20.00 on Laurina @ 5.00 = Potential profit of £80.00

Smarkets logo

Lay £19.31 on Laurina @ 5.20 = Potential liability of £81.10

Outcomes:

Let’s have a look at our potential profit/loss for the possible outcomes…

Outcome Bookie Exchange Extracted Profit/Loss
Laurina wins +£80.00 -£81.10 £1.10 loss
Laurina finishes 2nd/3rd to SP Fav -£20.00 +£18.92 +£16.00 £14.92 profit
Any other outcome -£20.00 +£18.92 £1.08 loss

So, we’ll make a nice profit of £14.92 if Laurina finishes 2nd or 3rd to the SP Favourite and we stand to lose a maximum of £1.10 on any other outcome. Risking £1.10 to make a profit of £14.92 gives us effective odds of 14.56, which I’m sure you’ll agree, makes this a profitable offer in the long run.

This offer is available on every race at the Cheltenham Festival 2019, giving us an overall potential profit of £50.00+ on this BoyleSports offer!

If eligible, free bets will be credited within 24 hours and will be valid for 7 days. Free bet stakes are not included in any returns.

I’ll update the following table with some actual selections at the end of each day…

Race Selection Back Odds Lay Odds Profit/Loss
15:30 Tuesday Laurina 3.50 3.65 -£1.11
17:30 Tuesday Discorama 6.00 6.20 -£0.97
13:30 Wednesday Champ 5.50 5.80 -£1.36
14:10 Wednesday Santini 4.00 4.20 -£1.25
16:10 Wednesday Auvergnat 8.00 8.40 -£1.30
13:30 Thursday Real Steel 7.00 7.40 -£1.41
15:30 Thursday Faugheen 5.50 5.90 +£14.33
17:30 Thursday Kilfilum Cross 8.00 8.40 -£1.30
16:10 Friday Ucello Conti 5.00 5.20 -£1.08

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £70,000 worth of profit, and made it my mission to make matched betting accessible to everyone.