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It’s Day Three of Royal Ascot 2019 on Thursday and also you don’t wish to miss this Genting Wager provide! Merely place a single bet of £10.00+ on the 16:20 at Royal Ascot and get a £10.00 free bet if our choice loses and Stradivarius wins the race. Translated into matched betting phrases, this provides us a potential revenue of £7.01 and right here’s how…

Key Phrases:

  • We should place a single bet of £10.00+ or £10.00 every approach on the Gold Cup.
  • Our bet should be positioned between 15:40 on Wednesday 19th June 2019 and 16:20 (race-off) on Thursday 20th June 2019.
  • If our first bet loses and Stradivarius wins, we’ll get a £10.00 free bet.

Qualifying Wager:

For those who’re not sure about easy methods to place qualifying bets, take a look at my Qualifying Wager Technique web page for a walk-through information on how they needs to be completed.

For our qualifying bet, we have to again and lay any horse aside from Stradivarius. Having regarded on the odds out there, we may place our qualifying bet on Cross Counter.

On the time of writing, laying our bet at Smarkets offers us the smallest qualifying loss.

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We will calculate our lay stake utilizing my matched betting calculator…

Again Wager (Bookie)

Lay Wager (Betting Alternate)

Bookie

Alternate

Cashback

Whole

If again (bookie) bet wins

£

£

£

= £

If lay (trade) bet wins

£

£

£

= £

Whole revenue: £

Optimum Underlay

Lay stake required: £
Alternate legal responsibility: £

If again (bookie) bet wins: £
If lay (trade) bet wins: £

Optimum Overlay

Lay stake required: £
Alternate legal responsibility: £

If again (bookie) bet wins: £
If lay (trade) bet wins: £

As you’ll be able to see, the calculator tells us that our lay stake needs to be £9.20…

Genting Bet logo

Place £10.00 on Cross Counter @ 5.50 = Potential revenue of £45.00

Smarkets logo

Lay £9.20 on Cross Counter @ 6.00 = Potential legal responsibility of £46.00

Outcomes:

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

Consequence Bookie Alternate Extracted Revenue/Loss
Cross Counter wins +£45.00 -£46.00 £1.00 loss
Stradivarius wins -£10.00 +£9.01 +£8.00 £7.01 revenue
One other horse wins -£10.00 +£9.01 £0.99 loss

So, if Stradivarius wins, we’ll make a good revenue of £7.01! Some other final result and we’ll lose a most of £1.00. Risking £1.00 to make a revenue of £7.01, offers us efficient odds of 8.01. So, provided that Stradivarius is odds of simply 2.20 (6/5) to win the race, this can be a worthwhile provide in the long term.

If eligible, free bets might be credited inside 24 hours of our qualifying bet being settled and might be legitimate for 7 days. Free bet stakes usually are not returned with any winnings.

For those who’re not sure easy methods to extract 80% money from a £10.00 free bet, take a look at my Free Wager Technique web page for a walk-through information on the way it needs to be completed.