Cheltenham Festival 2021 Offer – Toals

Cheltenham Festival 2021 is here and Toals are getting in on the action! Simply place a bet on selected races and if the horse you back finishes 2nd or 3rd to an Irish trained winner, Toals 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

• Applies to bets placed after 12:00 on Monday 15th March 2021.
• Applies to win singles and the win part of each way singles only.
• Maximum free bet refund of £10.00 if your horse finishes 2nd or 3rd to an Irish trained winner.

Qualifying bets

This offer is available on the following 9 races…

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 place your qualifying bets on, though it makes sense to try and avoid Irish trained horses where possible.

Having looked at the odds available for the Boodles Fred Winter Juvenile Handicap Hurdle (16:15 Tuesday), we could place our qualifying bet on Houx Gris at back odds of 5.50 and lay odds of 6.20.

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

Open Betfair Account

• 0% commission for 60 days

Open Smarkets Account

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 £8.90…

Place £10.00 on Houx Gris @ 5.50 = Potential profit of £45.00

Lay £8.90 on Houx Gris @ 6.20 = Potential liability of £46.28

Outcomes

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

So, we’ll make a nice profit of £6.72 if Houx Gris finishes 2nd or 3rd to an Irish trained winner, or we’ll lose £1.28 on any other outcome. Risking £1.28 to make a potential profit of £6.72 gives us effective odds of 6.25, which I’m sure you’ll agree makes this a profitable offer in the long run.

We won’t find a suitable selection for every race, nor should we be aiming to bet on every race. It’s best to be selective and keep our qualifying losses to a minimum. With 9 races to go at, there’s an overall potential profit of £20.00+ up for grabs on this Toals offer!

If eligible, free bets will be credited within 24 hours of the respective qualifying bet being settled. Free bet stakes are not included in any returns.

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…

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.