Bet365 is giving away risk free bets on televised racing with its ITV Racing 4/1 Offer. Customers can earn up to £50 risk free bet on the next live ITV race when backing a winner with odds of 4/1 (5.0) or more. And what’s more, if the risk free bet wins at odds of 4/1 (5.0) or more they’ll give another risk free bet on the next race shown on ITV.
Bet365 ITV Racing 4/1 is a great money-spinner for matchedbets.com members. ITV and ITV4 broadcast 6 or more races most Saturday’s along with midweek and Sunday coverage of major meetings. The £50 risk free bet is typically worth around £40 cash profit matched betting and with hundreds of races broadcast live throughout the season, ITV Racing 4/1 Offer can contribute hundreds and potentially thousands towards matched betting profits each year.
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The requirement to back a 4/1 winner means there is up to 20% chance of qualifying for a risk free bet. Bet365 odds for live ITV Racing are very competitive and qualifying for a risk free bet is relatively low. Matchbets.com provides three different strategies for its members so the offer can be done with the traditional matched betting strategy, risk free at each attempt or locking in a cash profit when finding closely matched odds with Bet365 and the betting exchange.
To qualify for a risk free bet from Bet365 ITV Racing 4/1 Offer simply place a single bet on any race shown live on ITV. If the bet wins, you are allowed a risk free bet of the same stake (up to 50 maximum) on the next live ITV race. You must use your own money to place the risk free bet and if it loses, the cash stake will be refunded to your account. If the selection wins at odds of 4/1 (5.0) or bigger, you can have another risk free bet on the next ITV race and this follows for every winner you back.
Only the first bet placed on an eligible race will qualify for a risk free bet. Where more than one selection is backed in the same race, bet365 deems the highest on the bet slip to be the qualifying bet.
Bet365 offer a range of markets on horse racing but only single bets placed on Win and Each Way Fixed Odds markets and Enhanced Place Terms markets will qualify for the ITV Racing 4/1 Offer. The 4/1 limit refers to adjusted odds after any dead-heat, Rule 4 or unnamed joint/co-favourite. For example if you back a selection at 9/2 (5.5) and there is a 20p R4 deduction, the adjusted price will be 72/20 (4.6) and won’t qualify.
Partial cashed out bets also qualify for this betting offer. The remaining active stake will be eligible for a risk free bet and similarly, if the risk free bet is partially cashed out, the remaining active stake will be eligible for a refund.
If the risk free bet is an each way selection, bet365 will refund the net loss on the bet. For instance, if your £25 each way bet is placed and returns £45, you’ll receive £5 refund – total stake of £50 less the £45 return.
The offer applies to bets placed online via desktop, mobile or tablet, bets placed using Bet365 telephone service are excluded from the ITV Racing 4/1 Offer.
If you back the winner of the last ITV race or the ITV schedule is cancelled after you have backed a winner, you will be entitled to a risk free bet on the next ITV Racing Offer race to take place.
Bet365 ITV Racing 4/1 Offer is one of the most popular in matched betting and Matchedbets.com explains how to make money from the offers in easy to follow step-by-step guide.
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