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…
As you can see, the calculator tells us that our lay stake should be £19.31…
Place £20.00 on Mustashry @ 5.00 = Potential profit of £80.00
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
Since 2014, I’ve blogged over £85,000 worth of profit, and made it my mission to make matched betting accessible to everyone.