There’s a big schedule of US horse racing this week and you don’t want to miss this Virgin Bet ‘Bet £10, Get £10’ offer! Place a single £10.00+ bet on US horse racing and Virgin Bet will give us a £10.00 free bet to use on any sport. Translated into matched betting terms, this gives us a guaranteed profit of £6.50 and here’s how…
Key Terms:
- Qualifying bet must be placed and settled on US horse racing between 00:01 on Monday 17th February 2020 and 23:59 on Sunday 23rd February 2020.
- Minimum stake of £10.00.
- Qualifying bet must be placed at odds of 1.50 (1/2) or greater.
Qualifying Bet:
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’ll need to lay our bet at Betfair.
Betfair are currently offering new customers 0% commission up to £500 for the first 30 days.
If you’re an existing Betfair customer, you can opt in to pay just 2% commission by selecting their Basic reward plan.
For more information about My Betfair Rewards and how to opt in, please see my Betfair 2% Commission page.
We can calculate our lay stakes using my matched betting calculator.
Free Bet:
Once we’ve placed our qualifying bet, a pop-up window will appear within 10 minutes for us to collect our £10.00 free bet. Free bets must be accepted within 7 days of the notification and will be valid on any sportsbook market for 7 days.
By using straightforward matched betting, we should be able to extract 80% cash from our £10.00 free bet, so £8.00. If we take into account our qualifying loss of £1.50, this gives us a guaranteed profit of £6.50 on this Virgin Bet offer!
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With detailed walkthroughs for all the best offers as they’re released, you’ll be bagging recurring profits in no time.
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Nick
Guest userFYI, Virgin also have a bet £10 on the Champions League Tuesday, get a £5 free bet to use on a game Wednesday.
Matt
1491Thanks for the heads up Nick, I’ll get that added.
wizzfizz
Guest userCan this bet be done daily?
Matt
1491I think it’s just one free bet for the week.
TheBigA
22Struggled to find any suitable matches yesterday, even within an hour of the some of the races the qualifying losses were huge – nowhere near £1.50! Currently it looks like there isn’t any liquidity on Betfair for any of the races yet, so will take another look closer to the off.
shaun
Guest userNeed to look at 5 mins before the race.
Stew
Guest userSame here BigA and it’s now 1320. Not much point posting this type of offer if there’s no liquidity on the lay. There’s too much pointless padding already on this blog.
Bob
Guest userI took £1.20 QL 5 mins before race started, if I’d have waited I’d have made a QP. Plenty of liquidity in the race I looked at.
TheBigA
22Cheers, 5 mins before the race did the job – QL of £1.15 in a race at Tampa Bay Downs.
Thanks!
A
Mark
Guest userMade £7.60 on this offer after QL so appreciate it being posted up, thanks Matt.
Matt
1491No problem Mark.
pnicolas8
18Plenty of liquidity tonight just got on the 19:25 Aqueduct QL of 90p – that’ll do nicely.
Chris
Guest userThere is plenty of liquidity close to the off, actually made 1.88 on my qualifying bet. I’ve been following this blog very closely for almost a year now and by using this blog and oddsmonkeys oddsmatcher/community my total profit has now passed 5.5k. So ignore any negative comments, learn how to do it properly and reap the rewards.
Betty
Guest userThanks Matt,
Plenty of liquidity in this offer and a profitable result.
Matt
1491You’re welcome Betty.