The 2016 Cheltenham Festival isn’t too far away and you do not want to miss this fantastic Winner offer. Place 4 x £10.00+ Win Single bets on 4 separate live Channel 4 races each Saturday between now and Cheltenham and Winner will give us a £10.00 free bet for each day of the 2016 Cheltenham Festival. Translated into matched betting terms, this gives us a guaranteed profit of £24.00 and here’s how…
Qualifying Bets:
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.
There are 4 x £10.00 free bets up for grabs and we must place a Win Single £10.00+ bet on 4 separate live Channel 4 races each Saturday between now and the festival, which gets underway on Tuesday 15th March 2016. The four qualifying Saturdays are as follows…
| Week 1 | Saturday 20th February 2016 |
| Week 2 | Saturday 27th February 2016 |
| Week 3 | Saturday 5th March 2016 |
| Week 4 | Saturday 12th March 2016 |
Qualifying bets must be placed on each qualifying Saturday to be eligible.
Week 4:
I’ll update this post each weekend with a list of the eligible races. This Saturday’s eligible races are as follows…
| Racecourse | Race Times |
|---|---|
| Sandown | 2.00 2.35 3.10 3.45 |
| Wolverhampton | 2.15 2.50 |
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.
We can calculate our lay stakes using the matched betting calculator.
Aim to lose no more than £0.50 on each of our qualifying bets
We will therefore lose £2.00 in qualifying for each of our 4 x £10.00 free bets.
Free Bets:
Each £10.00 free bet we qualify for will be split between the four days of the festival. For example, if we place 4 qualifying bets on two of the Saturdays, we will qualify for £20.00 in free bets. These free bets would be split between the four days of the festival, so we would get a £5.00 free bet each day.
Our free bets will be credited at 08:00 on the morning of each race day and are only valid on the day of issue.
By using straightforward matched betting, we should be able to extract 80% of our 4 x £10.00 free bets as cash, so around £32.00. If we take into account our total qualifying losses of £8.00, this gives us a guaranteed profit of £24.00 on this Winner offer!
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £100,000 worth of profit, and made it my mission to make matched betting accessible to everyone.