It’s an enormous day of racing at Ascot on Saturday, and Betfair are getting in on the motion! Place an Exchange guess of as much as £10.00 on the 13:50 Ascot, and in case your guess loses, your stake might be refunded as a free guess. Translated into matched betting phrases, this provides you a revenue of £6.06 and right here’s how…
Key phrases
- Available to chosen prospects solely.
- You won’t be eligible for this promotion when you have opted into the My Betfair Rewards ‘Basic’ package deal.
- Opt-in required.
- Place an Exchange guess of as much as £10.00 on the 13:50 Ascot (Saturday twenty ninth July 2023).
- Applies to bets positioned from 18:00 on Friday twenty eighth July 2023.
- Applies to your first guess solely.
- Applies to again bets solely; lay bets don’t qualify.
- Money again as a free guess in case your guess loses.
- If eligible, your free guess might be credited inside 24 hours.
- The free guess might be legitimate on any horse racing marketplace for 7 days.
Qualifying guess
If your qualifying guess loses, Betfair will refund your stake as a free guess, so you possibly can deal with this as a Money Back if Bet Loses provide.
You’ll want to put your guess at lengthy odds to maximise revenue.
At the time of writing, ‘Lunar Shine‘ is obtainable at again odds of 8.80 and lay odds of 9.40.
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 possibly can anticipate to transform your £10.00 free guess into, ought to your guess lose.
As you possibly can see, the calculator tells you that your lay stake ought to be £8.10.
Place £10.00 on ‘Lunar Shine’ @ 8.80 = Potential revenue of £74.10
Lay £8.10 on ‘Lunar Shine’ @ 9.40 = Potential legal responsibility of £68.04
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 £6.06 on this Betfair Exchange provide!
If you’re uncertain easy methods to convert your £10.00 free guess into £8.00 money (80%), please see my Free Bets Guide for a walkthrough.
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