Betvictor’s ‘Guaranteed Bet’ was introduced in August 2018 and gives customers the chance to win up to £500 on any UK & Irish horse race.
Guaranteed Bet, also known as a ‘Lay To Lose Guarantee’ or ‘Minimum Bet Guarantee’ by some bookmakers was brought in following discussions with the Horseracing Bettors Forum after there were concerns regarding the number of accounts which bookmakers were closing and/or restricting.
Betvictor were the first bookmaker to introduce a guarantee of this sort with only a handle of others following shortly afterwards.
Guaranteed Bet is available on win and each way single bets from 11 am on the day of the race and on all UK & Irish races where customers can bet to win up to a maximum of £500 on each race. For example, a bet of £100 on a horse with 5/1 odds or a bet of £50 on a horse with 10/1 odds.
The Bet Guarantee is available to all customers regardless of whether their account has been restricted in the past. Customers who have had their accounts closed by Betvictor may send an email to email@example.com with their details and once their account has been verified again, they will be eligible to place bets with the Bet Guarantee. Restrictions may still be in place depending on the initial reason for the account closure.
To place a bet using Bet Guarantee, log into your Betvictor account and select a UK or Irish horse race after 11 am. You’ll find ‘Guaranteed bet’ displayed alongside the ‘Extra Markets’ section.