It’s Day 2 of the Cheltenham Festival 2022 on Wednesday, and you don’t want to miss this Grosvenor offer! Place a bet on the 14:10 Cheltenham, and if your horse finishes 2nd, Grosvenor will refund your stake as cash, up to £20.00. Translated into matched betting terms, this gives you a potential profit of £17.67 and here’s how…
Key terms
- Applies to your first real money bet on the 14:10 Cheltenham.
- Applies to win singles and the win part of each way single bets.
- Minimum stake of £5.00.
- Maximum cash refund of £20.00 if your horse finishes 2nd.
- Refund will be applied within 24 hours.
Qualifying bet
Please see my qualifying bets guide if you’d like more information about them and how they work.
It’s entirely up to you which horse you go for, but it would make sense to select a horse with relatively short odds in the hope of a 2nd place finish.
At the time of writing, Bravemansgame is available at back odds of 3.50 (5/2) and lay odds of 3.90.
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
You can calculate your lay stake using my Matched Betting Calculator…
As you can see, the calculator tells you that your lay stake should be £18.04…
Place £20.00 on Bravemansgame @ 3.50 = Potential profit of £50.00
Lay £18.04 on Bravemansgame @ 3.90 = Potential liability of £52.31
Outcomes
Let’s look at your potential profit/loss for the possible outcomes…
| Outcome | Grosvenor | Betfair | Cashback | Profit/Loss |
|---|---|---|---|---|
| Bravemansgame wins | + £50.00 | – £52.31 | £2.31 loss | |
| Bravemansgame finishes 2nd | – £20.00 | + £17.67 | + £20.00 | £17.67 profit |
| Any other outcome | – £20.00 | + £17.67 | £2.33 loss |
So, you’ll make a nice profit of £17.67 if Bravemansgame finishes 2nd, or you’ll lose a maximum of £2.33 on any other outcome. Risking £2.33 to make a potential profit of £17.67 gives you effective odds of 8.58, which I’m sure you’ll agree, makes this a profitable offer in the long run.
If eligible, your cash refund will be credited within 24 hours.
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 2022 Offers page.
* Bravemansgame was withdrawn, not under starters orders, resulting in break-even on this Grosvenor offer. *
More reload offers – Make £300+ per month
With detailed walkthroughs for all the best offers as they’re released, you’ll be bagging recurring profits in no time.
More reload offers
Got a question?
Leave me a comment below…
I usually respond within 24 hours.
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.