Royal Ascot 2022 starts on Tuesday, and you don’t want to miss this Betfair Exchange offer! Place a bet on 15:05 Royal Ascot and get your money back as a free bet up to £10.00 if you lose. Translated into terms of suited bets, this gives you a profit of £5.68 and here’s how…
- Place a bet up to £10.00 on Royal Ascot from 3.05pm (Tuesday 14th June 2022).
- Applies to bets on the Exchange ‘Win’ market.
- Applies to your first bet placed after 1:00 p.m. on Sunday, June 12, 2022.
- Refund in the form of a free bet up to €10 if your horse does not win the race.
- Applies to return bets only; lengthen bets are not eligible.
- Betfair Rewards ‘Basic’ customers are excluded from this promotion.
- Your free bet will be credited within 2 hours of the end of the race.
- The free bet will be valid at any horse market for 7 days.
If your bet loses, Betfair will refund your stake as a free bet up to £10.00, so you can treat this as a money back offer if the bet loses.
Selecting a horse with long odds is best to maximize your profit.
At the time of writing, bradsell is available at return chances of 8:20 am and lengthen chances of 9.00.
You can work your lengthen stake using the ‘Refund if the bet loses‘ on my even bet calculator. You can come in ‘£8.00‘ as the ‘Cashback’ figure, as this is the amount you can expect to redeem your £10.00 free bet if your bet loses.
As you can see, the calculator tells you that your lengthen the issue should be £7.84…
Place £10.00 on Bradsell @ 8.20 = potential profit of £68.40
Deposit £7.84 on Bradsell at 9am = potential liability £62.72
Let’s look at your potential profit/loss for possible outcomes…
So no matter the outcome, you will make a profit of £5.68 on this Betfair Exchange offer!
If eligible, your free bet will be credited within 2 hours of the end of the race and valid at any horse market for 7 days.
If you are unsure how to convert a £10.00 free bet to £8.00 cash (80%), please see my free bet guide for a walkthrough.
Get this offer on Betfair