The Yorkshire Ebor Festival 2017 gets underway today and you don’t want to miss this Sun Bets offer! Bet £10.00+ on any race at York each day between Wednesday and Friday and Sun Bets will give us a £10.00 free bet to use on the following day’s races. Translated into matched betting terms, this gives us a guaranteed profit of £23.16 and here’s how…
Qualifying Bets:
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how they should be done.
To qualify for our free bets, we must bet £10.00+ each day at odds of 1.50 (1/2) or greater on any race at the York Ebor Festival between Wednesday 23rd August 2017 and Friday 25th August 2017.
It’s entirely up to you what you place your qualifying bets on. Having looked at the odds available for Wednesday, I’ve opted to place my qualifying bet on Barney Roy in the 15:35 York.
I like to place my exchange lay bets with Smarkets as they have great liquidity in the run up to races, the site is really easy to use and they only charge 2% commission in comparison to the 5% charged by other betting exchanges.
We can calculate our lay stakes using the matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £9.92…
Place £10.00 on Barney Roy @ 3.75 = Potential profit of £27.50
Lay £9.92 on Barney Roy @ 3.80 = Potential liability of £27.77
Let’s have a look at our potential profit/loss for the possible outcomes…
| Barney Roy wins | + £27.50 – £27.77 = £0.27 loss |
| Barney Roy doesn’t win | – £10.00 + £9.72 (£9.92 minus 0% commission) = £0.28 loss |
So, regardless of the outcome, we’ll lose a maximum of £0.28 in qualifying for our first £10.00 free bet.
Free Bets:
Our £10.00 free bets will be credited within 24 hours and can be used on any sports market. Free bets will be valid for 24 hours and free bet stakes are not included in any returns.
By using straightforward matched betting, we should be able to extract at least 80% cash from each £10.00 free bet, so approximately £8.00. If we take into consideration our maximum qualifying loss of £0.28, we’ll make a guaranteed profit of £7.72.
This offer is available on the first three days of the Yorkshire Ebor Festival 2017, giving us an overall guaranteed profit of £23.16 on this Sun Bets 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.