It’s the Imperial Cup 2018 at Sandown today and you don’t want to miss this Winner offer! Place a bet on the 14:25 at Sandown and Winner will give us the ‘Win’ part of our stake back as a free bet, up to £10.00, to use on the first race of the Cheltenham Festival 2018 on Tuesday. Translated into matched betting terms, this gives us a guaranteed profit of £5.61 and here’s how…
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.
To be eligible for our £10.00 free bet, we must bet £10.00 on the Imperial Cup at Sandown today (14:25).
Having looked at the odds available, we could place our qualifying bet on Call Me Lord.
I like to place my exchange lay bets with Betfair as they have great liquidity in the run up to races and the site is really easy to use.
We can calculate our lay stakes using my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £8.54…
Place £10.00 on Call Me Lord @ 8.50 = Potential profit of £75.00
Lay £8.54 on Call Me Lord @ 10.00 = Potential liability of £76.86
Let’s have a look at our potential profit/loss for the possible outcomes…
| Call Me Lord wins | + £75.00 – £76.86 = £1.86 loss |
| Call Me Lord doesn’t win | – £10.00 + £8.11 (£8.54 minus 5% commission) = £1.89 loss |
So, regardless of the result of the race, we’ll lose a maximum of £1.89 in qualifying for our £10.00 free bet.
Free bet
Our £10.00 free bet will be credited on Tuesday 13th March 2018 and must be used on the Supreme Novices’ Hurdle, which gets underway at 13:30 the same day.
By using straightforward matched betting, we should be able to extract 75% of our £10.00 free bet as cash, so around £7.50. If we take into account our maximum qualifying loss of £1.89, this gives us a guaranteed profit of £5.61 on this Winner offer!
* Call Me Lord didn’t win the race, resulting in a profit of £5.61 on this Winner offer. *
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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.