It’s British Champions Day at Ascot on Saturday and you don’t want to miss this special welcome offer from QuinnBet! Simply bet £10.00 or more on the first race of the day and QuinnBet will give us a £5.00 free bet for every other race on the card. Translated into matched betting terms, this gives us a guaranteed profit of £18.57 and here’s how…
Key Terms:
- This offer is only available to new customers.
- We must enter coupon code ‘5ALLRACES‘ during registration, to be eligible.
- We must bet £10.00+ on the 13:25 at Ascot on Saturday 20th October 2018.
- Our qualifying bet must be placed at odds of 2.00 (evens) or greater.
- QuinnBet will give us a £5.00 free bet to use on each of the remaining five races at Ascot.
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.
It’s entirely up to you which horse you go for. Having looked at the odds available, we could place our qualifying bet on Flag Of Honour.
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 £9.03…
Place £10.00 on Flag Of Honour @ 3.25 = Potential profit of £22.50
Lay £9.03 on Flag Of Honour @ 3.65 = Potential liability of £23.92
Let’s have a look at our potential profit/loss for the possible outcomes…
| Flag Of Honour wins | + £22.50 – £23.92 = £1.42 loss |
| Flag Of Honour doesn’t win | – £10.00 + £8.57 (£9.03 minus 5% commission) = £1.43 loss |
So, regardless of the outcome, we’ll lose a maximum of £1.43 in qualifying for our £25.00 in free bets.
Free Bets:
Our 5 x £5.00 free bets will be credited upon settlement of our qualifying bet and can be used on each of the remaining five races at Ascot (14:00, 14:40, 15:15, 15:50 and 16:30). 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 £25.00 in free bets, so £20.00. If we take into account our maximum qualifying loss of £1.43, this gives us a guaranteed profit of £18.57 on this QuinnBet welcome offer!
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Matt Kirman – Matched 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.