Royal Ascot 2021 is here and you don’t want to miss this Star Sports free bet offer! Simply place bets on Royal Ascot each day and Star Sports will give us a free bet equal to 50% of our average win stake over the 5 days, up to a maximum of £250.00. Translated into matched betting terms, this gives us a guaranteed profit of £100.00 and here’s how…
Key terms
- Applies to bets placed on Royal Ascot between Tuesday 15th June 2021 and Saturday 19th June 2021.
- At least one qualifying bet must be placed each day.
- Qualifying bets must be placed on the same day as the respective race.
- Minimum odds of 2.00 (evens).
- Free bet will be equal to our average win stake across all bets placed, up to a maximum of £250.00.
Qualifying bets
If you’d like more information about qualifying bets and how they work, please see my qualifying bets guide.
This offer involves high stakes, so you’ll need to decide what level of stakes you’re comfortable with.
To qualify for the maximum £250.00 free bet, we’ll need to stake an average of £500.00 each day. Though there’s nothing at all wrong with opting for lower stakes and a lower free bet.
Either exchange works for this offer
Betfair and Smarkets are both great options for this offer. If you’ve not used one of them, now is a great time to give them a try.
- Money back as cash up to £20
- 0% commission for 60 days
We can calculate our lay stakes using my Matched Betting Calculator.
Aim to lose no more than £20.00 on each £500.00 worth of qualifying bets
So, we’ll lose around £100.00 in total in qualifying for our £250.00 free bet.
Free bets
Our £250.00 free bet will be credited within 5 days of Royal Ascot ending and will be valid until Wednesday 30th June 2021. Free bet stakes are not included in any returns.
Using straightforward matched betting, we should be able to convert our free bet into 80% cash, so £200.00. If we take into account our total expected qualifying loss of £100.00, this gives us an overall guaranteed profit of £100.00 on this Star Sports offer!
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Annie L
Guest userMatt,
I read this offer as money back (50%) on bet losses. So if you actually win your back bets you’ll get nothing back from the bookies and will incur all the QL as losses. Tell me I’m wrong…?
Matt
1490Hi Annie. It’s a free bet equal to 50% of your average ‘win’ stakes. It’s paid no matter the outcome of your qualifying bets.
5. Qualifying accounts will receive a FREE BET to the value of 50% of your average win stake over all bets placed on Royal Ascot races during the five days (win or lose). The free bet is capped at £250. This will be applied to your account within five days of Royal Ascot ending and will be valid until 30 June 2021, after which it will expire.