188BET are currently offering their customers the chance to earn a refund as a free bet, up to £25, if their selected horse finishes second to the Starting Price (SP) favourite in any ITV or ITV4 televised races on a Saturday. It is sometimes referred to as the SP25 promotion on the 188BET site. This offer applies to win market bets only, so multiples and place market bets will not qualify. Any races that are not broadcast on ITV or ITV4 on a Saturday will not be eligible. The offer is scheduled to run until 29th July but it may be extended.
There are some terms and conditions you should be aware of. If you are not a resident of the UK or Ireland then unfortunately you will not be eligible for the offer. Only final declaration, pre-race bets on the day of the relevant races are included in this offer, any in-running bets do not count. Only real money stakes will count towards qualifying, so any bonus money awarded from another 188BET promotion cannot be used. For the purpose of this offer, the official results from the British Horseracing Authority are used. Please be aware that any races where the Starting Price of the favourite is odds of Evens (2.00) or less are ineligible for this offer, and each race must have at least five runners. If there are joint SP favourites or co-favourites, the horse listed first in racecard order will be used as the favourite. The offer is not applicable if the SP Favourite that is listed second in racecard order wins the race.
In the event of a dead-heat with the SP favourite, the offer will not be triggered. Though, if two horses dead-heat for 2nd place behind the SP Favourite then the offer will be triggered. The value of the refund is matched with your stake amount, up to £25 and paid as a free bet. The free bet is credited within 48hrs, and will then be valid to use only on horse racing markets for 30 days. The minimum odds for the free bet are Evens (2.00). This offer is only available once per customer, per race.
Although this offer may seem unlikely to yield a refund, it’s very much worthwhile pursuing under the right circumstances. It is advisable to find races with short priced favourites, though for this offer the favourites must be above odds of Evens (2.00). Identifying races with short priced favourites will give you a better chance of getting a free bet. If you find close matches between the bookmaker and exchange prices, you can play the offer for a low cost and in some cases for free. With minimal qualifying losses, you can have more goes at potentially hitting the refund. The maximum £25 free bet is roughly worth around £20 cash to a matched bettor and the offer has an expected value of £3 over repeated play.
MatchedBets.com members can benefit from this offer as well as many others, thanks to our step by step guides and industry leading tools.