Horse Racing Free Bet Offer – Novibet

There’s a big day of horse racing action to look forward to on Thursday and you don’t want to miss this Novibet free bet offer! Simply place 4 single bets of £5.00 or more on any horse racing events and Novibet will give us a £5.00 free bet. Translated into matched betting terms, this gives us a guaranteed profit of £2.40 and here’s how…

Key Terms:

  • We must place 4 single bets on any horse racing markets on Thursday 5th November 2020.
  • Minimum stake of £5.00 per bet.
  • Minimum odds of 1.70 (7/10).

Qualifying Bet:

If you’d like more information about qualifying bets and how they work, please see my Qualifying Bets Guide.

We can place our lay bet at Betfair or Smarkets.

We can calculate our lay stake using my Matched Betting Calculator.

Novibet logo

Aim to lose no more than £0.40 on each of our 4 qualifying bets

So, we’ll lose a total of around £1.60 in qualifying for our £5.00 free bet.

Free Bet:

Our £5.00 free bet will be credited within 24 hours of our qualifying bet being settled and will be valid for 7 days. 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 £4.00. If we take into account our total qualifying loss of £1.60, this gives us a guaranteed profit of £2.40 on this Novibet offer!

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £85,000 worth of profit, and made it my mission to make matched betting accessible to everyone.