Cheltenham Festival 2019 Offer – NetBet

The Cheltenham Festival 2019 gets underway on Tuesday and you don’t want to miss this NetBet Money Back Special! Simply place a bet on the first race at Cheltenham each day and if our horse finishes in the standard industry places, NetBet will refund our stake as a free bet, up to £10.00. Translated into matched betting terms, this gives us an overall potential profit of £29.48 and here’s how…

Key Terms:

• We must opt in once on the promotion page to be eligible for all 4 days.
• Maximum stake of £10.00 at odds of 3.00 (2/1) or greater.
• Qualifying bets must be placed on the Race Winner market.
• To be eligible for a free bet refund, our selection must finish within the standard industry places. These will be 2, 3 or 4 places depending on the number of runners in each race.

Qualifying Bets:

This offer is available on the first race each day as follows…

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’s entirely up to you which horses you go for, but it would make sense to select horses with fairly short odds in the hope of a placed finish.

The back and lay odds should tighten up as the start of the festival gets nearer. In the meantime though, I’ll use fictional lay odds for Al Dancer (3/1) in the Supreme Novices’ Hurdle to illustrate how this offer should be done each day. I’ll update the table at the bottom of the post with some actual selections after each race.

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…

As you can see, the calculator tells us that our lay stake should be £9.57…

Outcomes:

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

So, we’ll make a nice profit of £7.37 if Al Dancer finishes in the industry standard places and we stand to lose a maximum of £0.63 on any other outcome. Risking £0.63 to make a profit of £7.37 gives us effective odds of 12.70, which I’m sure you’ll agree, makes this a profitable offer in the long run.

This offer is available on the first race each day of the Cheltenham Festival 2019, giving us an overall potential profit of £29.48 on this NetBet offer!

If eligible, free bets will be credited within 24 hours of the respective race ending. Free bets will be valid on horse racing for 7 days and free bet stakes are not included in any returns.

I’ll update the following table with some actual selections after each race…

* Defi Du Seuil won the race with a starting price (SP) of 4.00 (3/1), resulting in a small qualifying profit courtesy of NetBet’s Best Odds Guaranteed promotion.