Cheltenham Festival 2020 Offer – Bet365

Cheltenham Festival 2021 is right here and also you don’t wish to miss this Bet365 supply! Simply again a winner at odds of 4/1 or extra in any stay ITV race and Bet365 will give us a threat-free wager equal to our stake, as much as a most of £50.00. Translated into matched betting phrases, this offers us an general potential revenue of £100.00+ and right here’s how…

Key phrases

• Offer applies to win or every approach single bets positioned on any horse working in a race broadcast stay on ITV Racing.
• Applies to our first wager on every eligible race.
• If our horse wins at odds of 5.00 (4/1) or higher, we’ll qualify for a threat-free wager to the identical stake, as much as £50.00, on the following ITV race.
• Risk-free bets have to be positioned utilizing our personal funds and if it loses, Bet365 will refund our stake in money.

Qualifying bets

This supply is out there on the primary six races every day…

13:20, 13:55, 14:30, 15:05, 15:40 and 16:15

I’ll take you thru a labored instance beneath anyway, however for extra details about ‘Back a Winner’ sort gives and a walkthrough of how they need to be accomplished, please see my Bet365 4/1 Offer information.

If you’d like extra details about qualifying bets and the way they work, please see my qualifying bets information.

Having seemed on the odds accessible, Saint Sam is again odds of 6.00 (5/1) to win the 16:15 on Tuesday. The lay odds are at the moment 6.20.

Option 1:

We know that if our horse wins, we’ll be capable to convert our £50.00 threat-free wager into 75% money. We can due to this fact add 0.75 to the again odds to get our efficient odds…

6.00 + 0.75 = 6.75

Using my Matched Betting Calculator, we merely enter 6.75 as our again odds as an alternative of 6.00 and lay the quantity proven. Overlaying like that is superb, however the assured income are prone to be small.

Option 2:

Our second choice is to lay our bets as regular and hope a few of our horses win for greater income.

We can calculate our lay stake utilizing my Matched Betting Calculator…

As you may see, the calculator tells us that our lay stake needs to be £48.54…

Place £50.00 on Saint Sam @ 6.00 = Potential revenue of £250.00

Lay £48.54 on Saint Sam @ 6.20 = Potential legal responsibility of £252.40

Outcomes

Let’s take a look at our potential revenue/loss for the attainable outcomes…

So, we’ll make a good revenue of £35.10 if Saint Sam wins, in any other case we’ll lose £2.44. Risking £2.44 to make a possible revenue of £35.10 offers us efficient odds of 15.39. So, provided that Saint Sam is odds of simply 6.00 (5/1) to win the race, this can be a worthwhile supply in the long term.

ITV are overlaying 24 races throughout Cheltenham Festival 2021, giving us an general potential revenue of £100.00+ on this Bet365 supply!

If any of our choices win, our threat-free wager might be legitimate on the very subsequent ITV race. We should place our threat-free bets utilizing our personal funds and if our choice loses, Bet365 will refund our stake in money, as much as a most of £50.00. If our threat-free wager wins, we’ll qualify for an additional threat-free wager on the following ITV race.

If you’re uncertain methods to convert a £50.00 threat-free wager into £37.50 money (75%), please see my threat-free bets information for a walkthrough of the way it needs to be accomplished.

I’ll replace the next desk with some precise choices on the finish of every day…