Royal Ascot 2019 Offer – MoPlay

Royal Ascot 2019 gets underway on Tuesday and you don’t want to miss this MoPlay offer! Simply back a Royal Ascot winner at odds of 4/1 or greater and MoPlay will match our stake with a free bet, up to £20.00. Translated into matched betting terms, this gives us an overall potential profit of £50.00+ and here’s how…

Key Terms:

  • Minimum stake of £2.00.
  • Qualifying bets must be placed on the selected Royal Ascot races.
  • Qualifying bets must be placed at odds of 5.00 (4/1) or greater.
  • If our selected horse wins, MoPlay will match our stake with a free bet, up to £20.00.

Qualifying Bets:

This offer is available on the following selected Royal Ascot races…

Race Time Date
Queen Anne Stakes 14:30 Tuesday 18th June 2019
St James’s Palace Stakes 16:20 Tuesday 18th June 2019
Queen Mary Stakes 14:30 Wednesday 19th June 2019
Prince of Wales’s Stakes 15:40 Wednesday 19th June 2019
Norfolk Stakes 14:30 Thursday 20th June 2019
Gold Cup 16:20 Thursday 20th June 2019
Albany Stakes 14:30 Friday 21st June 2019
Commonwealth Cup 15:40 Friday 21st June 2019
Chesham Stakes 14:30 Saturday 22nd June 2019
Diamond Jubilee Stakes 16:20 Saturday 22nd June 2019

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.

We have the option to overlay our bets for a small guaranteed profit. We can simply add 0.80 to our back odds when entering them into the calculator as we would expect to extract 80% cash from a free bet, should our horse win.

The guaranteed profits are a little on the small side though, so it may be best to just lay our bets normally and hope a couple of our horses win.

It’s entirely up to you which horses you place your qualifying bets on. At the time of writing, the lay odds for the Queen Anne Stakes aren’t quite tight enough, so I’ll use fictional lay odds for Mustashry in the following example and I’ll update the bottom of the post with an actual selection after the race.

At the time of writing, laying our bet at Smarkets is likely to give us the smallest qualifying loss.

We can calculate our stake using my matched betting calculator…

Select bet type

Back Bet (Bookie)

%

Lay Bet (Betting Exchange)

%

Min £
Max £
Lay stake required: £
Bookie
Exchange
Cashback
Total
If back (bookie) bet wins
£
£
£
= £
If lay (exchange) bet wins
£
£
£
= £
Total profit: £

Optimal Underlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

Optimal Overlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

As you can see, the calculator tells us that our lay stake should be £19.31…

MoPlay logo

Place £20.00 on Mustashry @ 5.00 = Potential profit of £80.00

Smarkets logo

Lay £19.31 on Mustashry @ 5.20 = Potential liability of £81.10

Outcomes:

Let’s have a look at our potential profit/loss for the possible outcomes…

Outcome Bookie Exchange Extracted Profit/Loss
Mustashry wins +£80.00 -£81.10 +£16.00 £14.90 profit
Mustashry doesn’t win -£20.00 +£18.92 £1.08 loss

So, we’ll make a nice profit of £14.90 if Mustashry wins, otherwise we’ll lose £1.08. Risking £1.08 to make a profit of £14.90 gives us effective odds of 14.80. So, given that Mustashry is odds of just 5.00 (4/1) to win the race, this is a profitable offer in the long run.

This offer is available on two selected races on each day of the festival, giving us an overall potential profit of £50.00+ on this MoPlay offer!

If eligible, free bets will be credited within 1 hour of our qualifying bet being settled and will be valid for 7 days. Free bet stakes will not be returned with any winnings.

If you’re unsure how to extract £16.00 cash (80%) from a £20.00 free bet, check out my Free Bet Strategy page for a walk-through guide on how it should be done.

I’ll update the following table with some actual selections at the end of each day…

Race Selection Back Odds Lay Odds Profit/Loss
16:20 Tuesday King Of Comedy 5.50 5.80 -£1.36
15:40 Wednesday Waldgeist 5.50 5.90 -£1.67
14:30 Thursday A’ali 6.00 6.20 +£15.02
14:30 Friday Daahyeh 5.00 5.30 +£14.56
Total: +£26.55

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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.