Cheltenham Festival 2021 is here and you don’t want to miss this Novibet free bet offer! Simply place 4 or more single bets on Cheltenham Festival races each day and Novibet will give us a free bet based on our total stake, up to £25.00. Translated into matched betting terms, this gives us a guaranteed profit of £60.00 and here’s how…
Key terms
- Promotion runs from Tuesday 16th March 2021 to Friday 19th March 2021.
- Applies to bets placed on Cheltenham Festival horse racing events.
- Minimum odds of 1.70 (7/10).
- Place 4+ single bets worth £20.00 to £49.99 and get a £5.00 free bet.
- Place 4+ single bets worth £50.00 to £99.99 and get a £10.00 free bet.
- Place 4+ single bets worth £100.00 or more and get a £25.00 free bet.
- We can qualify for one free bet per day.
Qualifying bets
If you’d like more information about qualifying bets and how they work, please see my qualifying bets guide.
To qualify for the maximum £25.00 free bet each day, we’ll need to stake a total of £100.00.
Either exchange works for this offer
Betfair and Smarkets are both great options for this offer. If you’ve not used one of them, now is a great time to give them a try.
- Money back as cash up to £20
- 0% commission for 60 days
We can calculate our lay stakes using my Matched Betting Calculator.
Aim to lose no more than £5.00 on each £100.00 worth of qualifying bets
Free bets
Our £25.00 free bets will be credited within 24 hours of our respective qualifying bets being settled and will be valid for 7 days. Free bet stakes are not included in any returns.
Using straightforward matched betting, we should be able to convert our free bets into 80% cash, so £20.00. If we take into account our total expected qualifying loss of £5.00, this gives us a guaranteed daily profit of £15.00!
With 4 days of racing to enjoy, that’s an overall guaranteed profit of £60.00 on this Novibet offer!
Don’t miss out on one of the most profitable weeks of the matched betting calendar! For a comprehensive list of available bookmaker offers, please see my Cheltenham Festival 2021 Offers page.
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Tim
Guest userHi Matt,
Can’t see this offer anywhere on their website?
Cheers
Matt
1529Hi Tim,
You should see it amongst the rotating banners at the top of their homepage.
Matt
Guest userI also can’t see it anywhere. On the rotation banner it has the Champions League Chelsea vs Athletico and money back if second at Cheltenham. Do you know why that would be?
Matt
1529It wasn’t showing first thing today Matt, but it appeared again around mid-morning.
C
Guest userHi Matt, how are you going about minimising your qualifying losses to only £5 a day on this offer? I have had a look at the odds and this looks very difficult to achieve.
Joe
Guest userWorst odds ever, not worth wasting time.
Dan
Guest userI did it for a loss of £2.78 today