Virgin Bet – 13:50 Sandown Offer

It’s a big day of racing at Sandown on Saturday, and you don’t want to miss this Virgin Bet offer! Place a bet on the Virgin Bet Contenders Hurdle (13:50), and we’ll get paid as a winner if our horse finishes 2nd. Translated into matched betting terms, this gives us a potential profit of £34.44 and here’s how…

Key terms

• Applies to win single bets on the 13:50 Sandown on Saturday 5th February 2021.
• Only the first £10 staked will be used to calculate bonus winnings.
• Maximum bonus cash winnings of £500.00.

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 go for, but it would make sense to select a horse with relatively short odds in the hope of a 2nd place finish (you’ll see why in a moment).

At the time of writing, Goshen is available at back odds of 3.50 (5/2) and lay odds of 3.65.

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

Open Betfair Account

• 0% commission for 60 days

Open Smarkets Account

We can calculate our lay stakes using my Matched Betting Calculator…

As you can see, the calculator tells us that our lay stake should be £9.64…

Place £10.00 on Goshen @ 3.50 = Potential profit of £25.00

Lay £9.64 on Goshen @ 3.65 = Potential liability of £25.54

Outcomes

Let’s have a look at our potential profit/loss for the possible outcomes…

So, we’ll make a nice profit of £34.44 if Goshen finishes 2nd. We’ll stand to lose a maximum of £0.56 on any other outcome. Risking £0.56 to make a potential profit of £34.44 gives us effective odds of 62.50, which I’m sure you’ll agree, makes this a profitable offer in the long run.

Any bonus cash winnings will be credited within 24 hours of the race finishing.

* Goshen won the race, resulting in a £0.54 loss on this Virgin Bet offer. *