How to make money from all the price boosted tips!

How to make money from all the price boosted tips!

Betfair.com

There are always a number of special offers from bookmakers around the Cheltenham Festival and this year is no different – but combining them with bets on the Betfair Exchange means you can guarantee a profit or ensure a no-loss bet, no matter the result. Here’s how…

1) Back the New One to win the Champion Hurdle on Paddy Power at 8/1 – and lay off on Betfair at around4.0

If you do not already have a Paddy Power account, take advantage of their enhanced offer on The New One to win the Champion Hurdle at 15:20 on Tuesday.

Place the qualifying bet (maximum £10) on the New One to win at 8/1 on Paddy Power. At the time of writing you can lay The New One in the Betfair market at 4.0.

You may want just to cover your stake, ensuring a no-loss bet – in this case, lay the New One for £10. If she wins the race, your profit will be £50: £80 from Coral, minus the losing £30 lay bet on Betfair. If she loses, you will break even (before commission).

You may want to guarantee a profit – in this case lay the New One for £20. If she wins the race, your profit will be £20: £80 from Coral, minus the losing £60 lay bet on Betfair. If she loses, you will gain £20 from Betfair and lose £10 to Coral, giving you a guaranteed profit of slightly less than £10!

2) Back Quevega to win the Mares Hurdle on Coral at 4/1 – and lay off on Betfair at around 2.0

If you do not already have a Coral account, take advantage of their enhanced offer on Quevega to win the Mares Hurdle at 16:00 on Tuesday.

We’ll do the similar as in the Paddy Power example but with different stakes. So, place the qualifying bet (maximum £10) on Quevega to win at 4/1 on Coral. At the time of writing you can lay Quevega in the Betfair market at 2.0.

You may want just to cover your stake, ensuring a no-loss bet – in this case, lay Quevega for £10. If she wins the race, your profit will be £30: £40 from Coral, minus the losing £10 lay bet on Betfair. If she loses, you will break even (before commission).

You may want to guarantee a profit – in this case lay Quevega for £25. If she wins the race, your profit will be £15: £40 from Coral, minus the losing £25 lay bet on Betfair. If she loses, you will gain £25 from Betfair and lose £10 to Coral, giving you a guaranteed profit of slightly less than £15!

3) Back Quevega to win the Mares Hurdle on Titan at 3/1 – and lay off on Betfair at around 2.0

Titan Bet are doing a similar, if less generous offer – they have boosted Quevega to 3/1 for new customers.

So, in this case, you’d back Quevega on Titan Bet and then follow the steps above, laying the mare for a proportionate amount, thereby guaranteeing a risk-free profit or a no-loss bet.

Remember, Betfair will show you potential profit/loss before you have placed the bet (simply press lay and enter a ‘backer’s stake’) so you can use this to simplify the calculations.

There may be other enhanced offers in the pipeline but the principle will always be the same – back high elsewhere, lay low on Betfair and sit back and enjoy the race in the knowledge that you can’t lose!

Don’t forget to check out the latest tips and insight on every day of the Cheltenham Festival right here on Betting.Betfair

View the original article at Betfair.com

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About

Ex scafolder & carpet fitter who is now retired and trying to live the good life despite "austerity Britain". Looking for good tipster sites and not rip off merchants charging a fortunes for odds on favourites all day long!

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Posted in Bets n Bonuses, Cheltenham Festival, Websites

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