The Bet365 4/1 offer can be a great way to earn extra profits providing you hit a winner. It is available on all ITV racing and select weekday meetings (2 per day).
If you a hit a winner at odds of more than 4/1 (5.0) you are eligible for a risk free shot on the next ITV or feature race up to the value of your previous stake (max stake £50). This means that if we have previously backed a winner with a £50 stake, we can secure roughly £40.00 profit on the next 4/1 race.
Here’s an example of how we can profit from this offers using the Risk-Free mode on the matched betting calculator:
|If Back Wins|
|If Lay Wins|
One strategy to make this offer completely risk free is by overlaying your qualifying bet. If you are unsure what overlaying is were have the perfect guide which can be found here. For this example we will be using fictional odds on our qualifying bet of back odds 5.0, lay odds 5.2, lay commission 2%. Usually we would incur a qualifying loss of £2.71, however if we overlay the result we stand to take a £0.00 qualifying loss if our selection loses.
As you can see we do stand to lose £14.28 if our selection goes on to win. If this however does happen we can cover our qualifying loss on the next race. If our risk free shot is on a horse with back odds of 8, lay odds of 8.4 and lay commission is 2% we can break the profit down as follows:
|Horse 1 wins (qualifying)||+£200||-£214.28||-£14.28|
|Horse 1 loses (qualifying)||-£50.00||+£50.00||£0.00|
|Horse 2 wins (risk free shot)||+£350.00||-£309.10||+£40.90 (£26.62 after QL)|
|Horse 2 loses (risk free shot)||£0.00||+£40.93||+£40.93 (£26.65 after QL)|
As you can see from the table above, if we overlay our first selection we can ensure the 4/1 offer is completely risk free while still having a shot at at least £25.00 profit in total.
While this offer can generate a lot of profit, especially if you hit consecutive winners it is recommended you only do this offer on ITV racing. Bet365 will quickly issue gubbings along with a hefty stake restriction if you consistently abuse the weekday racing.
The offer also rolls over to the following day, for example: Winner successfully back on the last Feature Offer race of the day, your risk free shot will be on the first Feature Offer race the following day.
Please note you cannot combine the ITV 4/1 offer with Feature Races or vice versa. If you hit a winner on ITV racing, your risk free shot will be on the next ITV race. If you hit a winner of the Feature Race your risk free shot will be on the next Feature Race.