Mintbet are currently listing a few special promotions on their website. From a matched betting point of view, one of the most interesting is their Money Back If Second By A Head or Less offer. Here, if the horse you have selected is beaten into second place by the margin of a head or less at a selected Mintbet race meeting, you will receive a refund as a free bet up to £25. This offer applies to win singles and the win part of each way singles only. In order to qualify for this offer, your bet must be placed on the day of the applicable race. A positive of this offer is that there is no need to opt-in, which helps save valuable time.
To clarify how the winning margin works, a head or less includes: a head (0.20 Lengths), a short head (0.10 Lengths) and a nose (0.05 Lengths) only. If your horse happened to finish in a dead-heat for first, the offer will not apply. However, if two horses dead-heat for second, Mintbet will pay out the refund on both second placed horses. Only your first bet on each race qualifies, and this concession cannot be used alongside any other on the site. Please be aware that each race must have at least 7 runners in order to be used for this offer. All of your qualifying bets must be placed with real money too, as any bets placed using a free bet won’t count towards qualifying. If you have cashed out your qualifier, it will no longer count. The offer is only available once per person, household address, email address, debit/credit card number, and IP address.
If you have qualified for the refund, it will be added to your account by 12:00pm the day after the race. It then must be used before 11:59pm on the same day, otherwise it will expire. If your free bet happens to win, the free bet stake will not be included in the returns. The maximum odds for the free bet are 6/1 (7.0), so make sure your bet is below this.
This offer counts as an ‘Advantage Play’ Offer. This means that you will not get the refund every time, but there is a chance it will happen over a few plays. As this particular offer has a low expected value when matched betting, you should only take a close match which makes it risk-free. Completing this offer when there’s a short priced or an odds-on favourite will give you a better chance of hitting the refund, as the scenario needed to trigger the free bet is more likely to happen. If you have been able to keep any qualifying losses minimal, this promotion can add a lot of value to your matched betting journey. If at any point your horse does finish second by a head or less, the maximum £25 free bet refund is worth around £20 in cash when matched betting.
This offer, along with many others, allow our Premium members to make a profit thanks to the step by step guides and industry leading tools.