Bet365 £50 Horse Racing Offer for 100% Profit
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Before I start, I want to say that I did not come up with this technique. I am simply spreading it so people can profit. Whoever came up with this is a genius in his/hers own right.
There has been a lot of talk with a few people about how 100% profit can be made on the Bet365 Feature 4/1 and Channel 4/1 races. While a lot of people understand it correctly, I want to make a forum post about it so people can always check the right way of doing it in the future.
Before anything, let me give you some rough stats as that will put this offer into a better perspective for the skeptical ones who cannot be bothered with £4-5 profits (It’s fine, I was the same.) Also, if there is anyone who has attempted this offer more times than me, he or she can have more concrete results due to the law of large numbers. If this person is here on MBB, please come forward and tell us your roughly estimated income.
Some stats:
You can do this offer the typical way, where you simply back a horse at Bet365 and lay the same horse on Smarkets for a loss, and hope for a win. I have done this offer on 79 races thus far and the horse that I have backed only won 15 times. Doing this the normal way would mean loosing a qualifier 79 times at roughly £3/per race and winning 15 times at roughly £35each time (It is most likely £38-39 but I am already taking QL into an account). This would give me an effective QL loss of £237, an income of £525 and a profit of £288 after 79 races, paying myself an effective rate of £3.64/race.
£4-5 profit would yield greater results all the way (£316+), AND you are receiving your money now, AND instead of trying to understand horse racing and doing research into who may actually win, you are guaranteeing yourself easy income each race.
Some more stats:
The first time I did this offer was on 5/5/16. There are 2 races each day apart from Saturday when there are on average 8 races. That gives us 224 races(1) since I started and I have only attempted 35% of them and in the span of 78 days to give me an additional £300-400(2).
Also, as you get better I can guarantee you that you will be making £5-6-7 per race. There are some races I have made £10 on, but only a few, and therefore my profit is actually much larger than what I am presenting. However in my belief this kind of profit is already great enough if you think about the span of time it took. It is like paying yourself an additional £30 a week.
But enough of my stats, let me actually present the full idea. Instead of backing and laying the horse, we simply overlay the horse for a profit. We are using Cashmaster 4/1 Calculator: https://www.cash-master.com/bet365_4to1.htm
So using todays 21/7/16 races, Bet365 is giving us 2.55 Worchester. We could back Gardiners Hill at odds of 5-1 or 6 is you prefer decimals. Closer to the race, the lay odds will bet shorter, around 6.2 At this point you need to be quick enough before Bet365 changes odds to 5.5 or even 5. Giving 6 and 6.2 lay, calculator tells me to back £50 at 6 and lay £55.02 at 6.2.
If the horse looses I win 55.02/1.02(comm) = £53.94-£50 bet365 stake= £3.94 profit.
If the horse wins I loose my liability and my position is as follows. £50×6 = £300-£50 stake – £286 = -£36.
At this point, the following race becomes RISK FREE (Bet365 simply returns you the stake). You need to use your own money and calculate Stake Not Returned on a horse who has odds of 4-1 or above. This has to be done on the next race available(3).
At such a high odds SNR will give us £39-40 profit, bringing the overall position back to £4 profit.
Mistakes to avoid:
1. Backing a horse now and leaving the lay side open because you ‘think’ the lay odds will drop below and thus create an arbitrage. Unless you are skilled at horse trading, please do not do this. I did this twice. Once I got lucky and once odds drifted to heavens and I ended up with a huge loss.2. Backing for more than £50. This offer is for MAX £50. Do not bet £60-70 or £100. Bet365 will refund ONLY £50.
3. Betting on all the races all at once. Lot of people do that. They simply see there are 8 races on Saturday so they back and lay all at once. This is a mistake because if you win on bet365 your next horse should have a lot lower liability since it is SNR. There are exceptions when you can do this however, for example when closing an abnormal profits(£8+). E.G. many times it happened to me that I backed a race at 2.15 and the next race was at 2.35. If the horse wins at 2.15 I have to use my risk free on 2.35, but 2.35 odds are something like 5.5 and 5.2 for lay on Smarkets. So naturally I close it for an additional income and pray to all gods of Westeros that the horse at 2.15 looses because if he wins my liability is suddenly too large and I am loosing money. If you are away from our laptop, you are screwed but if you are there all along, simply head to Smarkets and back the same horse to reduce your liability to what the MBB calculator tells you.
4. Wait. I’ve never use to do it, I only do it now. At the beginnings I would settle for £2-3 profit. Now I wait 1-2 mins before the race kicks off when the real money comes in and I often close for £5+ profit.
5. Doing this offer all the time. Although you could try I would not advise it. I heard of people doing this offer daily and nothing happened. I also had a friend who did this offer straight for two weeks on every race, won only on two occasions, but bet365 still closed down his account. I do this offer 35% of the times. I may push it to 50% and you may want to try 70% of these races a month. That is all fine however if they block you from bet365 you are loosing out on a lot of future income.
There is a belief that when you are loosing all the time (or most of the times) they won’t block you because it is good for them. I spoke to a trader from PP and he told me that when they see your statement you give them at the beginning and you have £3000 in your account but you have managed to bet £4000 over the past two months, something is fishy. Similarly, when bet365 sees an 18 year old matched bettor who’s address is at some university campus, and this moron made bets worth of £10000 in past 3 months, you can be sure as hell he will be blocked. Bookies aren’t idiots. They are smarter than us. Money has to be coming from somewhere and if you are loosing it in one place , you are clearly winning it in another place.
To conclude, have fun with this offer. If I have done this offer 50% of times (112 races), I would have made an additional £500+ in profits since I started. That is not too shabby if you ask me.
Also, sorry for making it far too long but I wanted to cover everything I think you need to know to make this offer for you. I see there are many people who never heard of this and I do not want people making mistakes I have made.
PS: 0% commission on horse races on Matchbook.com till the end of July, and 1.15% afterwards. It all adds up folks.
(1) There may be more races.
(2) Perhaps even more.
(3) You can find the next race at Current offers->Horse Racing->Channel 4 4/1 or Feature 4/1.
Feature 4/1 and Channel 4/1 and two separate offers that work the same. If you win on the last 4/1 channel 4 race, your £50 risk free will be for the next Channel 4/1 race, not the Feature 4/1. You can do this offer on Greyhounds too, 2/1 offer, however liquidity tends to be low and only good market is on betfair for 5%.
