Cheltenham Festival 2021 Offer – SportNation

Cheltenham Festival 2021 is here and you don’t want to miss this SportNation money back offer! Simply place a bet on the 13:55 each day and if the horse you back finishes 2nd, SportNation will refund your stake as a free bet, up to a maximum of £10.00. Translated into matched betting terms, this gives us a potential profit of £20.00+ and here’s how…

Key terms

  • Opt in on the promotion page to be eligible.
  • Applies to your first bet placed on the 13:55 at Cheltenham Festival each day.
  • Money back as a free bet, up to £10.00, if your horse finishes 2nd in the following races:
    • Arkle Challenge Trophy Steeple Chase (13:55 Tuesday)
    • Brown Advisory Novices’ Steeple Chase (13:55 Wednesday)
    • Pertemps Network Final (13:55 Thursday)
    • McCoy Contractors County Handicap Hurdle Race (13:55 Friday)

Qualifying bets

If you’d like more information about qualifying bets and how they work, please see my qualifying bets guide.

It’s entirely up to you which horses you go for, but it makes sense to select horses with fairly low odds to maximise your chances of hitting 2nd place.

Having looked at the odds available for the Arkle Challenge Trophy Steeple Chase (13:55 Tuesday), we could place our qualifying bet on Captain Guinness at back odds of 7.50 (13/2) and lay odds of 9.20.

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.

  • 2% commission for all new signups
  • 0% commission for 60 days

We can calculate our lay stake using my Matched Betting Calculator

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 £8.17…

SportNation logo

Place £10.00 on Captain Guinness @ 7.50 = Potential profit of £65.00

Betfair logo

Lay £8.17 on Captain Guinness @ 9.20 = Potential liability of £66.99

Outcomes

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

OutcomeSportNationBetfairFree BetProfit/Loss
Captain Guinness wins+ £65.00– £66.99£1.99 loss
Captain Guinness finishes 2nd– £10.00+ £8.00+ £8.00£6.00 profit
Any other outcome– £10.00+ £8.00£2.00 loss

So, we’ll make a nice profit of £6.00 if Captain Guinness finishes 2nd, or we’ll lose a maximum of £2.00 on any other outcome. Risking £2.00 to make a potential profit of £6.00 gives us effective odds of 4.00, which I’m sure you’ll agree makes this a profitable offer in the long run.

This offer is available on the 13:55 each day, so with 4 days of racing to enjoy, that’s an overall potential profit of £20.00+ on this SportNation offer!

If eligible, free bets will be credited by 17:00 the following day and will be valid for 48 hours.

If you’re unsure how to convert your £10.00 free bets into £8.00 cash (80%), please see my free bets guide for a walkthrough of how it should be done.

I’ll update the following table at the end of each day…

RaceSelectionBack OddsLay OddsProfit/Loss
13:55 TuesdayCaptain Guinness7.509.20£2.00 loss
13:55 ThursdayChampagne Platinum9.009.40£0.61 loss
13:55 FridayYou Raised Me Up7.007.20£0.45 loss

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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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £60,000 worth of profit, and made it my mission to make matched betting accessible to everyone.