Money Back Offer (13:45 York) – Betway

There’s a big day of racing in York on Saturday and you don’t want to miss the Betway cash-back offer! If our horse finishes second, third or fourth at 13:45 York, Betway will return our stake as a free bet of up to £10.00. Translated into identical betting terms, this gives us Potential profit of £6.87 Here’s how…

basic conditions

  • Applies to our first bet at 13:45 York.
  • Applies to bets placed before 13:45 (the race) on Saturday 10 July 2021.
  • The minimum odds are 1.50 (1/2).
  • If our horse finishes second, third or fourth, Betway will return our stake as a free bet of up to £10.00.
  • If fewer than eight contestants receive beginner orders, the promotion will return a refund as a free bet for second place only.

Eligible bet

If you would like more information about eligible bets and how they work, please see Eligible Betting Guide.

It is entirely up to you on which horse you choose, but it would make sense to choose a horse with fairly short odds in hopes of getting second, third or fourth place.

At the time of writing this report, Chichester Available in back Probabilities of 8.50 (15/2) and extend 9.40 odds.

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Smarkets works better with this offer

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we can calculate extend Share using my Matching betting calculator

Choose the type of bet

Back bet (bets)

%

Place a bet (exchange bet)

%

Unable to calculate normal bet. Total portion stakes are higher than the required stake.

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minimum £

max sterling

Required betting position: pound

bookmaker
exchange
Cashback
sum

if back (booking agent) bet wins

pound

pound

pound

= British Pounds

if extend (exchange) bet wins

pound

pound

pound

= British Pounds

Gross profit:

pound

If the back bet wins: he won

If the normal bet wins: he won

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optimal foundation

Required bet: GBP
exchange Responsibility: £

If the return bet (the bookmaker) wins:

pound

If the put bet wins (the cashout):

pound

perfect overlay

Required bet: GBP
exchange Responsibility: £

If the return bet (the bookmaker) wins:

pound

If the put bet wins (the cashout):

pound


jQuery(document).ready(function($){//Init Calc calcMatchedBet2(“1559111218”);});

As you can see, the calculator tells us that extend The stake should be £9.06…

Betway logo
Money Back Offer (13:45 York) - Betway 2

Put £10.00 on Chichester @8.50 = Potential win of £75.00

Betfair . logo
Money Back Offer (13:45 York) - Betway 3

Put £9.06 on Chichester @9.40 = potential liability of £76.10

Results

Let’s take a look at our potential profits/losses for possible outcomes…

outcome betway Betfair Free bet Loss of profits
Chichester wins + 75.00 GBP – £76.10 جنيه £1.10 loss
Chichester is second, third and fourth – 10.00 GBP + 8.87 GBP + 8.00 GBP £6.87 profit
any other result – 10.00 GBP + 8.87 GBP £1.13 loss

Therefore, we will make a file Nice win of £6.87 If Chichester finishes second, third or fourth or we will lose a maximum of £1.13 on any other result. Risking £1.13 for a potential profit of £6.87 gives us effective odds of 7.08, which I am sure you will agree, makes this a profitable proposition in the long run.

If you qualify, your free bets will be added within an hour of the race being settled and will be valid for 7 days. Free bets are not included in any returns.

If you are not sure how to convert your free bet of £10.00 to £8.00 in cash (80%), please see Free Betting Guide To find out how to do this.

* Chichester finished outside the top four, resulting in a £1.13 loss on this Betway bid. *

the post Money Back Offer (13:45 York) – Betway first appeared Matching betting blog.

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