Matched Betting Discussion Cheltenham Festival 2022 Matched Betting Offers

PlateSpinningFrenzy

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Would anyone be willing to detail an example of where liability reduces at the Exchange if more than one bet on the same race please? I get the principle but I’m a visual learner so would really value an example played out - eg with 2 or 3 horses and the difference calculated vs if only 1 or 2 bets on the same race. This will really help my planning for tomorrow and getting the maximum out of my available funds. Thanks in advance.
 

Pbrail

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Just grabbing round numbers to make it simpler but.

Lets say you make 3 £10 bets on 3 different horses on the same race.

Lets say Horse A is your highest odds and requires £100 liability.

Horse B is £50 liability

Horse C is £20 liability


Because only 1 horse can win the race, your maximum exposure is never going to be higher than £100 because that's the 'worse case scenario'.

BUT, we can get that amount lower.

If Horse A wins the race, that means Horse B and C didn't and your Lay bets on those 2 horses are guaranteed to pay out at the exchange.

£100 liability pays out for Horse A, but you simultaneously get £20 back via Horse B and C meaning overall you can only ever lose a maximum of £80 from your Exchange.

If Horse C won, then you would lose no money at all from the Exchange because your £20 liability is equalled out by the £20 from Horse A & B paying out.

Does that example help?
 
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Jon

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had an 'opt in invite from 32red to get Buveur D'Air in the 15:30 tomorrow at evans which I can currently lay for 1.66 on smarkets making a whole £2+ profit due to the fact it's £10 max stake

BUT MONEY IS MONEY YO!!!
 

Lizziew24

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Pbrail

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I see this on WH but what does it mean...!!!!!!!

Basically, just follow the Bonus lockin calculator and you are guaranteed to make a profit from this offer. As WH are paying double winnings, what you are effectively doing is OVERLAYING your bet meaning if your horse wins at WH, you get the double winnings, and if it loses to the Exchange, you get extra money due to the Overlay.

Lower odds horses with close matches give the best return, but will likely require a larger bank roll as requires a higher Back bet at the bookie (around £65-£70 back bet if you choose Getabird). You can choose higher odds for a lower back bet amount but your lock-in will be less (so I'm told, I've not yet done the maths on any of it as the odds are all still a bit far out for my tastes this early)..
 

Lizziew24

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Basically, just follow the Bonus lockin calculator and you are guaranteed to make a profit from this offer. As WH are paying double winnings, what you are effectively doing is OVERLAYING your bet meaning if your horse wins at WH, you get the double winnings, and if it loses to the Exchange, you get extra money due to the Overlay.

Lower odds horses with close matches give the best return, but will likely require a larger bank roll as requires a higher Back bet at the bookie (around £65-£70 back bet if you choose Getabird). You can choose higher odds for a lower back bet amount but your lock-in will be less (so I'm told, I've not yet done the maths on any of it as the odds are all still a bit far out for my tastes this early)..
@Pbrail and @Jon you are on fire!! Annoyingly Lads gubbed me following my overeagerness during Wimbledon but currently enjoying WH :)
 

Wibble

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I've had an email through with 1 x £50 free bet each day.

Think I need a lie down :D
 

Lizziew24

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Aaarrrgggghhhhhhh I got the 356 £50 free bet thing just now and I’m LITERALLY LOSING MY MIND! Everything I have learnt over the past 12 months had left my brain and I’m entering panic mode! In a good way. I think.
 

Jon

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red32 emailing me a £10 free bet if my first £10 bet loses tomorrow for Wednesday
 

Jon

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I've had an email through with 1 x £50 free bet each day.

Think I need a lie down :D
giphy.gif
 

Wibble

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PaddyPower are dropping £10k in a random account again today if anyone is feeling lucky :p
Login to check, they remove it on the hour if unclaimed and put it in another account till claimed.
 

Jon

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PaddyPower are dropping £10k in a random account again today if anyone is feeling lucky :p
Login to check, they remove it on the hour if unclaimed and put it in another account till claimed.
HOVYGNP.png


YES!
 

Jon

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Watching some racing on athteraces this afternoon as this 'heavy' going I think is going to have a bit impact on races..

It's all about stamina
 

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