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.
- Money back as cash up to £20
- 0% commission for 60 days
We can calculate our lay stake using my Matched Betting Calculator…
As you can see, the calculator tells us that our lay stake should be £8.17…
Place £10.00 on Captain Guinness @ 7.50 = Potential profit of £65.00
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…
| Outcome | SportNation | Betfair | Free Bet | Profit/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…
| Race | Selection | Back Odds | Lay Odds | Profit/Loss |
|---|---|---|---|---|
| 13:55 Tuesday | Captain Guinness | 7.50 | 9.20 | £2.00 loss |
| 13:55 Thursday | Champagne Platinum | 9.00 | 9.40 | £0.61 loss |
| 13:55 Friday | You Raised Me Up | 7.00 | 7.20 | £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
Since 2014, I’ve blogged over £90,000 worth of profit, and made it my mission to make matched betting accessible to everyone.