double your winnings
12th - 15th March 2019
It’s the week we’ve all been waiting for!
Cheltenham Festival Week!
Let’s make some money!
Coral are being very generous this week and are offering to double our winnings, up to £25 in cash, if our horse wins on the first race every day.
This gives us a fantastic opportunity to make guaranteed profit using the matched betting strategy.
- If our selected horse wins the race, Coral will double our winnings in cash, up to £25.
- Applies to first bets only, using our own money.
- Offer applies to the first race on each day of the Cheltenham Festival. See qualifying races below:
Supreme Novices’ Hurdle – 13:30 Tuesday 12th March
Ballymore Novices’ Hurdle – 13:30 Wednesday 13th March
JLT Novices’ Steeple Chase – 13:30 Thursday 14th March
JCB Triumph Hurdle – 13:30 Friday 15th March
To search for close odds for our qualifying bet, I will be using the Oddsmonkey Oddsmatcher, by placing Cheltenham 13:30 in the filter search bar and limiting the bookmaker to Coral. As seen below:
At the time of writing it is too early to search for close odds on this race, so for the sake of this example I will make up fictional odds and say that Al Dancer is available to back at 5.5 at Coral and to lay at 5.7 at Smarkets. However, do make sure to find close odds if attempting this offer.
You can either bet and lay as normal, and hope that your horse wins. This will result in the most profit if your horse wins, however this method will not guarantee you profit.
To guarantee profit on this offer, we can use the Win Bonus Calculator on Oddsmonkey.
To work out the appropriate amounts to back and lay, fill in the calculator as seen below.
As you can see from the calculator above, we would make a guaranteed profit of £4.01 on these odds, (these numbers are based on using the Smarkets exchange with a commission rate of 2% and we are using fictional odds).
Regardless of the outcome, using the guaranteed method, whether your horse wins or loses, you should make a guaranteed profit of around £5 a day.
That’s £20 profit for the whole week from this offer alone.
There are loads of offers surrounding Cheltenham this week, where we will be able to make big profits, so be sure to check out my other guides.
If you are unsure about matched betting on the horse racing, then be sure to check out my free guide Horse Racing for Newbies.