It’s an enormous day of racing at York on Saturday, and Betfair are getting in on the motion! Place an Exchange wager of as much as £10.00 on the 13:40 York, and in case your wager loses, your stake will probably be refunded as a free wager. Translated into matched betting phrases, this offers you a revenue of £5.90 and right here’s how…
Key phrases
- Available to chosen clients solely.
- You won’t be eligible for this promotion in case you have opted into the My Betfair Rewards ‘Basic’ package deal.
- Opt-in required.
- Place an Exchange wager of as much as £10.00 on the 13:40 York (Sunday tenth September 2023).
- Applies to bets positioned from 18:00 on Saturday ninth September 2023.
- Applies to your first wager solely.
- Applies to again bets solely; lay bets don’t qualify.
- Money again as a free wager in case your wager loses.
- If eligible, your free wager will probably be credited inside 24 hours.
- The free wager will probably be legitimate on any horse racing marketplace for 7 days.
Qualifying wager
If your qualifying wager loses, Betfair will refund your stake as a free wager, so you’ll be able to deal with this as a Money Back if Bet Loses supply.
You’ll want to position your wager at lengthy odds to maximise revenue.
At the time of writing, ‘Pilgrim‘ is offered at again odds of 5.70 and lay odds of 5.90.
You can work out your lay stake utilizing the ‘Money Back if Bet Loses‘ setting on my Matched Betting Calculator. You can enter ‘£8.00‘ as your ‘Cashback’ determine as that’s the quantity you’ll be able to anticipate to transform your £10.00 free wager into, ought to your wager lose.
As you’ll be able to see, the calculator tells you that your lay stake ought to be £7.91.
Place £10.00 on ‘Pilgrim’ @ 5.70 = Potential revenue of £44.65
Lay £7.91 on ‘Pilgrim’ @ 5.90 = Potential legal responsibility of £38.75
Outcomes
Let’s have a look at your revenue/loss for the attainable outcomes.
So, irrespective of the result, you’ll make a minimal revenue of £5.90 on this Betfair Exchange supply!
If you’re not sure convert your £10.00 free wager into £8.00 money (80%), please see my Free Bets Guide for a walkthrough.
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