Cheltenham newbie - should I save my new customer offers?

MoneyGnome

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Hi there,
I just started MB last Friday and have been slowly working my way through the new customer offers on PA. I have made about £50 so far so am really pleased!
I have been reading lots of threads about the upcoming Cheltenham festival and am now wondering whether I should save my horseracing new customer offers so I can use them that week - or should I spend a couple of day this week familiarising myself with the horse racing side of MB - I have heard lots of terms that at the moment mean nothing to me so I feel I have a lot to learn!

Also, I only have about £150 in my exchange account so far, which sounds peanuts compared to what I see a lot of people talking about! I guess I probably won't make my fortune at Cheltenham this year, but any tips on what I should concentrate on this time around would be much appreciated!

Thanks
 

rninja

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Hi,you'll have to focus on the low hanging fruit for Cheltenham and have lots of horses in the same race to combine liabilities. So for the 1.30 race on Tuesday 12th March (the Supreme Novices Hurdle) you could do skybet, betway, netbet, Coral etc.
But £150 is a really small float for Cheltenham.
Can you enter some free spins promos in the mean time to increase your bankroll?
Then next year you'll be able to smash it.

Regards welcome offers, it's up to you really. If you hold off you'll miss reload offers, but then you need the bankroll to do all the offers.
 
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MoneyGnome

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Hi,you'll have to focus on the low hanging fruit for Cheltenham and have lots of horses in the same race to combine liabilities. So for the 1.30 race on Tuesday 12th March (the Supreme Novices Hurdle) you could do skybet, betway, netbet, Coral etc.
But £150 is a really small float for Cheltenham.
Can you enter some free spins promos in the mean time to increase your bankroll?
Then next year you'll be able to smash it.

Regards welcome offers, it's up to you really. If you hold off you'll miss reload offers, but then you need the bankroll to do all the offers.
Hi there, thanks for your reply. I will have a read up on the combining liabilities by having lots of horses thing - I need to get my head around what that really is!
I'm also not sure what free spins promos are either ... I really am a bit green aren't I!
I will have a look on my PA dashboard to see if I can see them.

Cheers!
 

rninja

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Combining liabilities at the exchange is when you've layed lots of horses in the same market, it takes the largest liability and offsets the other liabilities against that - meaning less overall bankroll needed on that particular market.

Have a look under promotions for all your accounts for free spins offers. Similarly, Totesport have a refund on losses to £5 on games. I'm sure Skybet, Coral, Ladbrokes and others have free spins offers regularly.

I'm sure PA will have all the offers in a daily calendar.

Best wishes
 

jkg-jkg

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The Cheltenham offers are designed to drag you in so betting on Cheltenham is expected, but you would have to do betting on non-offer races (because that is also what they expect).

One small word of warning regarding the combining of liabilities. It does work, but if you have covered 5 out of 10 horses you are 50% likely to win and therefore you are more likely to have your bankroll reduced in the exchange.

Do not rush with MB that is a definite route to errors and losses. The money back if lose offers are definitely worth a punt, but with £150 in the exchange I would concentrate on building up the bankroll.

Personally, I would not touch Cheltenham in anger without at least £1k in the exchange.

If you can afford to pump some money into the exchange and have it sit around for a few weeks then it is worth doing it (extracting winnings out of the bookie quickly is going to look suspicious)
 

MoneyGnome

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Thanks for the advice everyone - really useful stuff! I will sit down tonight and have a look through the horse racing offers and at least make a start in having a go on some of them before Cheltenham. I'm not expecting to make my fortune this time around - but it will certainly give me the incentive to get my head around it all!
 
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