Cheltenham Festival 2021 is here and you don’t want to miss this Star Sports free bet offer! Simply place bets on Cheltenham Festival each day and Star Sports will give us a free bet equal to 50% of our average stake over the 4 days, up to a maximum of £250.00. Translated into matched betting terms, this gives us a guaranteed profit of £120.00 and here’s how…
Key terms
- Applies to bets placed on Cheltenham Festival between Tuesday 16th March 2021 and Friday 19th March 2021.
- At least one qualifying bet must be placed each day.
- Free bet will be equal to our average stake across all bets placed, up to a maximum of £250.00.
Qualifying bets
If you’d like more information about qualifying bets and how they work, please see my qualifying bets guide.
This offer involves high stakes, so you’ll need to decide what level of stakes you’re comfortable with.
To qualify for the maximum £250.00 free bet, we’ll need to stake an average of £500.00 each day. Though there’s nothing at all wrong with opting for lower stakes and a lower free bet.
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 £20.00 on each £500.00 worth of qualifying bets
So, we’ll lose around £80.00 in total in qualifying for our £250.00 free bet.
Free bets
Our £250.00 free bet will be credited within 5 days of the festival ending and will be valid until Wednesday 31st March 2021. Free bet stakes are not included in any returns.
Using straightforward matched betting, we should be able to convert our free bet into 80% cash, so £200.00. If we take into account our total expected qualifying loss of £80.00, this gives us an overall guaranteed profit of £120.00 on this Star Sports 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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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.