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 14:20 Ascot, and in case your guess loses, your stake shall be refunded as a free guess. Translated into matched betting phrases, this offers you a revenue of £6.32 and right here’s how…
Key phrases
- Available to chosen prospects solely.
- You is not going to be eligible for this promotion when you’ve got opted into the My Betfair Rewards ‘Basic’ bundle.
- Opt-in required.
- Place an Exchange guess of as much as £10.00 on the 14:20 Ascot (Saturday fifteenth July 2023).
- Applies to bets positioned from 18:00 on Friday 14th 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 shall be credited inside 24 hours.
- The free guess shall 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’ll be able to 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, ‘Mighty Ulysses‘ is on the market at again odds of 9.40 and lay odds of 9.80.
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 guess into, ought to your guess lose.
As you’ll be able to see, the calculator tells you that your lay stake ought to be £8.35.
Place £10.00 on ‘Mighty Ulysses’ @ 9.40 = Potential revenue of £79.80
Lay £8.35 on ‘Mighty Ulysses’ @ 9.80 = Potential legal responsibility of £73.48
Outcomes
Let’s have a look at your revenue/loss for the doable outcomes.
So, regardless of the result, you’ll make a minimal revenue of £6.32 on this Betfair Exchange provide!
If you’re uncertain 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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