Cheltenham Festival 2023 continues on Thursday with the Turners Novices’ Chase, and you don’t want to miss this Vickers offer! Place a £10.00+ bet on the first race on Thursday, and get a £10.00 free bet on the first race on Friday. Translated into matched betting terms, this gives you a profit of £6.69, and here’s how…
Key terms
- This promotion is available from 14:00 on Wednesday 15th March 2023, until 13:30 on Thursday 16th March 2023.
- Applies to bets on the 13:30 Cheltenham (Thursday 16th March 2023).
- Minimum stake of £10.00.
- Minimum odds of 2.00 (evens).
- Applies to your first win single bet only.
- Your £10.00 free bet will be credited between 08:00 and 10:00 on Friday 17th March 2023.
- The free bet will be valid on the 13:30 Cheltenham on Friday 17th March 2023.
- The free bet stake 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 what you place your qualifying bet on.
At the time of writing, ‘Mighty Potter‘ is available at back odds of 2.00 (evens) and lay odds of 2.30.
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 £8.70.
Place £10.00 on ‘Mighty Potter’ @ 2.00 = Potential profit of £10.00
Lay £8.70 on ‘Mighty Potter’ @ 2.30 = Potential liability of £11.31
Outcomes
Let’s look at your profit/loss for the possible outcomes.
| Outcome | Vickers | Smarkets | Profit/Loss |
|---|---|---|---|
| Mighty Potter wins | + £10.00 | – £11.31 | £1.31 loss |
| Another horse wins | – £10.00 | + £8.70 | £1.30 loss |
So, no matter the outcome, you’ll lose a maximum of £1.31 in qualifying for your £10.00 free bet.
Free bet
Your £10.00 free bet will be credited between 08:00 and 10:00 on Friday 17th March 2023. The free bet will be valid on the 13:30 Cheltenham on Friday 17th March 2023. The free bet stake will not be returned 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 £1.31 gives you a minimum profit of £6.69 on this Vickers offer!
Don’t miss out on one of the most profitable weeks of the matched betting calendar! Please see my ‘Cheltenham Festival 2023 Offers‘ page for a comprehensive list of available bookmaker offers.
* Stage Star won the race, resulting in a £6.70 profit on this Vickers 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.