It’s Day 2 of the Cheltenham Festival 2022 on Wednesday, and you don’t want to miss this STS free bet offer! Place a bet on the 16:50 Cheltenham, and STS will match your stake as a free bet up to £10.00 to use on Thursday’s Pertemps Network Final (14:10 Cheltenham). Translated into matched betting terms, this gives you a profit of £6.40 and here’s how…
Key terms
- Applies to your first bet on a horse running in the Grand Annual Chase.
- Applies to single bets placed before 16:50 (race-off) on Wednesday 16th March 2022.
- Maximum matched free bet of £10.00.
- Your free bet will be credited within 20 hours of qualifying bet settlement.
- Free bet will be valid on the Pertemps Network Final, scheduled to take place at 14:10 on Thursday 17th March 2022.
- Free bet stakes will not be returned with any winnings.
Qualifying bet
Please see my qualifying bets guide if you’d like more information about them and how they work.
It’s entirely up to you which horse you place your qualifying bet on.
At the time of writing, Editeur Du Gite is available at back odds of 9.00 (8/1) and lay odds of 10.50.
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
You can calculate your lay stake using my Matched Betting Calculator…
As you can see, the calculator tells you that your lay stake should be £8.59…
Place £10.00 on Editeur Du Gite @ 9.00 = Potential profit of £80.00
Lay £8.59 on Editeur Du Gite @ 10.50 = Potential liability of £81.60
Outcomes
Let’s look at your potential profit/loss for the possible outcomes…
| Outcome | STS | Betfair | Profit/Loss |
|---|---|---|---|
| Editeur Du Gite wins | + £80.00 | – £81.60 | £1.60 loss |
| Another horse wins | – £10.00 | + £8.41 | £1.59 loss |
So, no matter the outcome, you’ll lose a maximum of £1.60 in qualifying for your £10.00 free bet.
Free bet
Your £10.00 free bet will be credited within 20 hours of your qualifying bet being settled and valid on the Pertemps Network Final, scheduled to take place at 14:10 on Thursday 17th March 2022. Free bet stakes will not be included with any winnings.
Using straightforward matched betting, you should convert your free bet into 80% cash, so £8.00. Considering your maximum qualifying loss of £1.60 gives you a £6.40 profit on this STS offer!
Don’t miss out on one of the most profitable weeks of the matched betting calendar! For a comprehensive list of available bookmaker offers, please see my Cheltenham Festival 2022 Offers page.
* Global Citizen won the race, resulting in a £6.41 profit on this STS 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.