One of the attractive offers on the Racebets bookmaker website is the Bet & Jet Club. Here, if you place £25 or more on the Racebets selected daily meeting you will receive a £5 free bet to use on the following day’s selected race meeting. For this offer, a different race meeting is selected every day. The full list of upcoming meetings that will be part of the offer can be found by going to the Offers page on the Racebets website and clicking ‘See Conditions’ underneath the Bet & Jet Club offer. They select meetings from different countries each day, which gives a good variation, though some of the eligible meetings may not be available on the exchange, meaning you may not be able to lay these bets off.
In order to properly qualify for the offer, the qualifying stakes must be win, single bets only, such as SP or fixed odds win bets. The place portion of any each way bets will not count. Your qualifiers must always be placed with real money, as bets placed with a free bet token will not count towards qualifying. Each bet must be placed pre-race, as in-play bets do not count.
Your free bet will be credited into your account after the final race of that day’s selected meeting. It must then be used for the next days selected meeting, and it must be placed on a single win or each-way bet. As with most free bets, the free bet stake will not be included in any winnings. Only residents of certain countries are allowed to take part in the offer, though the United Kingdom and Ireland are included.
From a matched betting point of view, this offer can boost our profits. Since we are able to guarantee a profit from this offer each day it is running, it makes it extremely valuable. Placing the qualifying bets is a two step process: place the back bet on Racebets and the lay bet against the same selection on the exchange. We would be looking for close matches here in order to minimise the qualifying loss. Once you receive the £5 free bet, it is the same process, though this time you use the free bet stake on Racebets rather than your own money. The free bet amount is thus worth around £3.50 each time to a matched bettor, making the offer more than worthwhile.
Though due to the nature of the offer choosing meetings worldwide, as mentioned this could occasionally mean that some of the eligible meetings may not be available on the exchange, so we need to be aware of this.
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