Virginbet – Cheltenham Day 1 Offer

The Cheltenham Festival 2020 gets undwerway this Tuesday and the Virginbet money back special is not to be missed. Simply place a bet on any horse in the 15:30 at Cheltenham and should our selection lose, Virginbet will refund our stake back as free bet! This means we have a guaranteed profit of £6.44!

Terms of the offer

• Up to £10.00 refund as a free bet.
• Refund will trigger on any horse that fails to win.
• Qualifying bet must be placed 15:30 on Tuesday 10th March 2020.

Qualifying Bet and Strategy

For this offer we will simply back and lay our selection while taking the lowest qualifying loss possible. It is a very simple offer to take advantage of and we can make some guaranteed profit due to this offer being on all losers. We will use this Risk-Free mode of the calculator to ensure we make a profit whether our selection wins or loses. We should aim to place our back bet on a horse with higher odds to ensure more profit is made. For this offer we have opted to place our risk-free bet on Darver Star at odds of 12.0. We should enter our cashback as £8.00 on the calculator – the amount we stand to extract from our £10.00 free bet should Darver Star lose the race.

Let’s take a look on the matched betting calculator to see how we can make our risk free profit:

As we can see our £10.00 back bet at odds of 12.0 and lay odds of 13.0 will result in a profit of £6.44 whether Darver Star wins or loses.

What’s Next?

If Darver Star wins the race then we will have made our risk free profit. If however Darver Star loses the race, we will need to extract our £8.00 from the £10.00 free bet we will receive to complete the offer. Free bet will be credited to our accounts within 3 hours of a qualifying bet settlement and be valid for 7 days.