Totesport Price Boost – Minella Suite & Carlton Ryan

There’s a big day of racing action at Kelso today and you don’t want to miss this Totesport price boost. They’ve enhanced Minella Suite and Carlton Ryan both to win to a tasty 4/1! Translated into matched betting terms, this gives us a risk-free potential profit of £25.54 and here’s how…

Price Boost Bet:

We can find the price boost under Horse Racing > Daily Specials > Fred’s Kelso Double.

Maximum stakes for this offer may vary for different accounts, but the following example is based on a maximum stake of £100.00.

Race 1: 15:50 Kelso

I like to place my exchange lay bets with Smarkets as they have great liquidity, the site is really easy to use and they only charge 2% commission in comparison to the 5% charged by other betting exchanges.

On the first race, we need to cover our original stake of £100.00. If we divide £100.00 by 0.98 (to account for the 2% Smarkets commission), this gives us a lay stake of £102.04…

So, if Minella Suite doesn’t win, the offer will be over and we’ll have broken even. However, if Minella Suite does win, we’ll have lost £161.22 so far.

Race 2: 17:35 Kelso

So, if Minella Suite wins, this means on the next race, we’ll need to cover both the £161.22 loss from the first race plus the original stake of £100.00. If we divide £261.22 by 0.98 (to account for the 2% Smarkets commission), this gives us a lay stake of £266.55…

So, if either Minella Suite or Carlton Ryan fails to win, we’ll have broken even and there’s no harm done. However, if Minella Suite and Carlton Ryan both win, we’ll have made a nice risk-free profit of £25.54!

I’d like to point out that the above workings are based on the lay odds that were available at the time of writing. If the lay odds fluctuate before we are able to place our lay bets, this may result in us making more potential profit, less potential or even a slight loss, so please bear that in mind before deciding whether or not to do this offer.