There’s a giant day of racing at Sandown on Saturday, and also you don’t wish to miss this Betfair Exchange a refund provide! Place a guess of as much as £10.00 on the 15:00 Sandown, and in case your horse fails to complete 1st, 2nd or third, Betfair will refund your stake as a free guess. Translated into matched betting phrases, this offers us a potential revenue of £6.50 and right here’s how…
- Applies to our first money guess on the 15:00 Sandown.
- Applies to bets positioned from 10:00 on Thursday 2nd December 2021.
- Applies to bets as much as the worth of £10.00 (£10.00 win or £5.00 every method).
- Money again as a free guess if our horse fails to complete 1st, 2nd or third.
- Applies to again bets solely; lay bets don’t qualify.
- Betfair Rewards ‘Basic’ prospects are excluded from this promotion.
Please see my qualifying bets information if you happen to’d like extra details about them and the way they work.
It’s fully as much as you which of them horse you go for, however it might make sense to pick a horse with pretty lengthy odds within the hope it gained’t end 1st, 2nd and third.
At the time of writing, The Mighty Don is out there at again odds of 15.00 and lay odds of 16.50.
We can calculate our lay stakes utilizing my Matched Betting Calculator…
As you possibly can see, the calculator tells us that our lay stake needs to be £8.68…
Place £10.00 on The Mighty Don @ 15.00 = Potential revenue of £133.00
Lay £8.68 on The Mighty Don @ 16.50 = Potential legal responsibility of £134.54
Let’s take a look at our potential revenue/loss for the potential outcomes…
So, we’ll make a revenue of £6.50 if The Mighty Don fails to complete 1st, 2nd or third, or we’ll lose a most of £1.54 on every other end result. Risking £1.54 to make a revenue of £6.50 provides us efficient odds of 5.22, which I’m positive you’ll agree, makes this a worthwhile provide in the long term.
If eligible, free bets will probably be credited inside 24 hours and legitimate on any horse racing marketplace for 7 days.
If you’re uncertain the best way to convert your £10.00 free guess into £8.00 money (80%), please see my free bets information for a walkthrough of the way it needs to be performed.