It’s a big day of racing at Ayr on Saturday and you don’t want to miss this Virgin Bet offer! Place a bet on the Ayr Gold Cup (15:40) 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 £93.11 and here’s how…
Key terms
- Applies to win single bets on the 15:40 Ayr on Saturday 18th September 2021.
- Maximum stake of £10.00.
- Maximum bonus cash winnings of £500.00.
Qualifying bet
If you’d like more information about qualifying bets and how they work, please see my qualifying bets guide.
It’s entirely up to you which horse you go for, but it would make sense to select a horse with fairly short odds in the hope of a 2nd place finish (you’ll see why in a moment).
At the time of writing, Just Frank is available at back odds of 9.50 (17/2) and lay odds of 11.50.
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
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 £8.28…
Place £10.00 on Just Frank @ 9.50 = Potential profit of £85.00
Lay £8.28 on Just Frank @ 11.50 = Potential liability of £86.94
Outcomes
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Virgin Bet | Betfair | Profit/Loss |
|---|---|---|---|
| Just Frank finishes 1st | + £85.00 | – £86.94 | £1.94 loss |
| Just Frank finishes 2nd | + £85.00 | + £8.11 | £93.11 profit |
| Any other outcome | – £10.00 | + £8.11 | £1.89 loss |
So, we would make a nice profit of £93.11 if Just Frank finishes 2nd and we would stand to lose a maximum of £1.94 on any other outcome. Risking £1.94 to make a potential profit of £93.11 gives us effective odds of 48.99, 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.
* Just Frank finished outside the top 2, resulting in a loss of £1.89 on this Virgin Bet 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.