Cheltenham Festival 2021 is right here and also you don’t wish to miss this Virgin Bet 3/1 supply! Simply wager on any Cheltenham Festival race and if we again the winner, Virgin Bet will match our stake with a free wager, as much as £20.00. Translated into matched betting phrases, this provides us a potential revenue of £50.00+ and right here’s how…
- Applies to first single wager on every Cheltenham Festival race.
- Minimum odds of 4.00 (3/1).
- If our chosen horse wins, Virgin Bet will match our stake as a free wager, as much as £20.00.
This supply is out there on all 28 races at Cheltenham Festival 2021.
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 achieved, 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.
It’s completely as much as you which of them horses you place your qualifying bets on.
Happygolucky is favorite to win the 14:30 on Tuesday at again odds of 4.00 (3/1). I’ll use lay odds of 4.30 for example how this supply works and I’ll replace the desk on the backside of the publish with some real choices on the finish of every day.
We know that if our horse wins, we’ll be capable to convert our £20.00 free wager into 80% money. We can due to this fact add 0.80 to the again odds to get our efficient odds…
4.00 + 0.80 = 4.80
Using my Matched Betting Calculator, we merely enter 4.80 as our again odds as a substitute of 4.00 and lay the quantity proven. Overlaying like that is high-quality, however the assured income are more likely to be small.
Our second choice is to lay our bets as regular and hope a few of our horses win for larger income.
We can calculate our lay stakes utilizing my Matched Betting Calculator…
As you possibly can see, the calculator tells us that our lay stake must be £18.69…
Place £20.00 on Happygolucky @ 4.00 = Potential revenue of £60.00
Lay £18.69 on Happygolucky @ 4.30 = Potential legal responsibility of £61.67
Let’s take a look at our potential revenue/loss for the attainable outcomes…
So, we’ll make a good revenue of £14.33 if Happygolucky wins, in any other case we’ll lose £1.69. Risking £1.69 to make a possible revenue of £14.33 provides us efficient odds of 9.48. So, provided that Happygolucky is odds of simply 4.00 (3/1) to win the race, this can be a worthwhile supply in the long term.
We gained’t discover a appropriate choice for each race, nor ought to we be aiming to wager on each race. It’s finest to be selective, however with 28 races to go at, there’s an total potential revenue of £50.00+ up for grabs on this Virgin Bet supply!
If eligible, free bets will likely be credited on or earlier than 10:00 the day after settlement. Free bets will likely be legitimate for 48 hours and free wager stakes aren’t included in any returns.
If you’re not sure the way to convert your £20.00 free bets into £16.00 money (80%), please see my free bets information for a walkthrough of the way it must be achieved.
I’ll replace the next desk with some precise choices on the finish of every day…
Don’t miss out on some of the worthwhile weeks of the matched betting calendar! For a complete checklist of accessible bookmaker gives, please see my Cheltenham Festival 2021 Offers web page.