Cheltenham Festival 2022 is right here, and also you don’t wish to miss this bet365 provide! Back a winner at odds of 4/1 or extra in any dwell ITV race, and bet365 offers you a ‘Money back if bet loses’ guess equal to your stake, as much as £50.00. Translated into matched betting phrases, this provides you an general potential revenue of £100.00+ and right here’s how…
- Offer applies to win or every means single bets positioned on any horse operating in a race broadcast dwell on ITV Racing.
- Applies to your first guess on every eligible race.
- If your horse wins at odds of 5.00 (4/1) or higher, you’ll qualify for a ‘Money back if bet loses’ guess to the identical stake, as much as £50.00, on the following ITV race.
- ‘Money back if bet loses’ bets have to be positioned utilizing your individual funds and if it loses, bet365 will refund your stake in money.
This provide is accessible on the first 5 races every day between Tuesday fifteenth March 2022 and Friday 18th March 2022.
I’ll take you thru a labored instance under, however for extra details about ‘Back a Winner’ kind gives and a walkthrough of how they need to be finished, please see my Bet365 4/1 Offer information.
Please see my qualifying bets information should you’d like extra details about them and the way they work.
At the time of writing, Queens Brook is again odds of 5.50 (9/2) to win the 13:30 on Tuesday. The lay odds are at present 5.60.
If your horse wins, you’ll have the ability to convert your £50.00 ‘Money back if bet loses’ guess into 75% money. You can due to this fact add 0.75 to the again odds to get your efficient odds…
5.50 + 0.75 = 6.25
Using my Matched Betting Calculator, you merely enter 6.25 as your again odds as an alternative of 5.50 and lay the quantity proven. Overlaying like that is advantageous, however the fastened earnings are possible small.
Your second possibility is to lay your bets as regular and hope your horses win for greater earnings.
You can calculate your lay stake utilizing my Matched Betting Calculator…
As you may see, the calculator tells you that your lay stake must be £49.28…
Place £50.00 on Queens Brook @ 5.50 = Potential revenue of £225.00
Lay £49.28 on Queens Brook @ 5.60 = Potential legal responsibility of £226.68
Let’s take a look at your potential revenue/loss for the potential outcomes…
So, you’ll make a good revenue of £35.82 if Queens Brook wins; in any other case, you’ll lose £1.71. Risking £1.71 to make a possible revenue of £35.82 offers you efficient odds of 21.95. So, provided that Queens Brook is odds of simply 5.50 (9/2) to win the race, this can be a worthwhile provide in the long term.
ITV are overlaying 20 Cheltenham Festival 2022 races, supplying you with an general potential revenue of £100.00+ on this bet365 provide!
If any of your alternatives win, your ‘Money back if bet loses’ guess shall be legitimate on the very subsequent ITV race. You should place your ‘Money back if bet loses’ bets utilizing your individual funds, and in case your choice loses, bet365 will refund your stake in money, as much as a most of £50.00. If your ‘Money back if bet loses’ guess wins, you’ll qualify for an additional ‘Money back if bet loses’ guess on the following ITV race.
If you’re not sure the way to convert a £50.00 ‘Money back if bet loses’ guess into £37.50 money (75%), please see my Money again if guess loses information for a walkthrough of the way it must be finished.
I’ll replace the next desk with some alternatives on the finish of every day…
Don’t miss out on some of the worthwhile weeks of the matched betting calendar! For a complete record of accessible bookmaker gives, please see my Cheltenham Festival 2022 Offers web page.