Dante Festival 2021 Offer – GentingBet

The Dante Festival 2021 gets underway at York on Wednesday and GentingBet are getting in on the action! Simply place a £10.00+ bet on any race at York on Wednesday or Thursday and GentingBet will give us a £5.00 free bet to use on the Yorkshire Cup. Translated into matched betting terms, this gives us a guaranteed profit of £3.14 and here’s how…

Key terms

  • Applies to bets placed on Day 1 or 2 of the Dante Festival 2021 before 16:30 on Thursday 13th May 2021.
  • Minimum stake of £10.00.
  • Minimum odds of 2.00 (evens).
  • £5.00 free to use on the Yorkshire Cup.

Qualifying bet

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 horse you place your qualifying bet on. At the time of writing, Teona is available in the 15:10 York (Wednesday) at back odds of 2.875 (15/8) and lay odds of 3.10.

Either exchange works for this offer

We can calculate our lay stakes 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 £9.33…

Genting Bet logo

Place £10.00 on Teona @ 2.875 = Potential profit of £18.75

Betfair logo

Lay £9.33 on Teona @ 3.10 = Potential liability of £19.59

Outcomes

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

OutcomeGentingBetBetfairProfit/Loss
Teona wins+ £18.75– £19.59£0.84 loss
Another horse wins– £10.00+ £9.14£0.86 loss

So, no matter the outcome, we’ll lose a maximum of £0.86 in qualifying for our £5.00 free bet.

Free bet

Our £5.00 free bet will be credited by 10:00 on Friday 14th May 2021 and will be valid on the Yorkshire Cup the same day (15:10 York). Free bet stakes will not be returned with any winnings.

Using straightforward matched betting, we should be able to convert our free bet into 80% cash, so £4.00. If we take into account our maximum qualifying loss of £0.86, this gives us a guaranteed profit of £3.14 on this GentingBet offer!

* Teona failed to win the 15:10 York on Wednesday, resulting in a profit of £3.14 on this GentingBet offer. *

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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.