There’s a big day of horse racing on Saturday and you don’t want to miss this ‘Bet £10, Get £5’ offer from William Hill! Simply bet £10.00 on any Saturday horse race and William Hill will give us a £5.00 free bet to use on horse racing. Translated into matched betting terms, this gives us a guaranteed profit of £3.36 and here’s how…
Key Terms:
- We must click ‘Claim here‘ on the promotion page to receive our free bet.
- Qualifying bets must be placed on Saturday 15th December 2018 on any horse race running the same day.
- We must stake £10.00 at odds of 1.20 (1/5) or greater.
Qualifying Bet:
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how it should be done.
A quick look at the OddsMonkey Oddsmatcher, tells us we could place our qualifying bet on Doux Pretender in the 14:30 at Cheltenham.
At the time of writing, laying our bet at Betfair gives us the smallest qualifying loss.
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 £9.86…
Place £10.00 on Doux Pretender @ 3.50 = Potential profit of £25.00
Lay £9.86 on Doux Pretender @ 3.60 = Potential liability of £25.63
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Bookie | Exchange | Profit/Loss |
|---|---|---|---|
| Doux Pretender wins | +£25.00 | -£25.63 | £0.63 loss |
| Doux Pretender doesn’t win | -£10.00 | +£9.36 | £0.64 loss |
So, regardless of the outcome, we’ll lose a maximum of £0.64 in qualifying for our £5.00 free bet.
Free Bet:
Our £5.00 free bet should be credited immediately upon placement of our qualifying bet and will be valid on horse racing for 4 days. Free bet stakes will not be included in any returns.
By using straightforward matched betting, we should be able to extract 80% cash from our £5.00 free bet, so £4.00. If we take into account our maximum qualifying loss of £0.64, this gives us a guaranteed profit of £3.36 on this William Hill offer!
* Doux Pretender failed to win the race, resulting in a profit of £3.36 on this William Hill offer. *
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £100,000 worth of profit, and made it my mission to make matched betting accessible to everyone.