BetVictor introduces Guaranteed Bet on UK & Irish horseracing
August 28, 2018
BetVictor announced they have introduced a lay-to-lose guarantee across all UK & IRE horse races meaning that customers who have previously had their accounts closed or restricted will be able to place bets on horse racing and have the chance to win up to £500.
The decision to introduce the lay-to-lose guarantee comes after discussions with Horse Racing Bettors Forum (ukhbf.org) who have been addressing complaints regarding the closure and restrictions imposed on winning accounts.
The new feature on BetVictor means that even customers who have previously had their accounts closed or stake restricted will be able to bet on horse racing and have the opportunity to win up to £500 on every UK & IRE race.
Customers can select ‘Guaranteed Bet’ which will appear alongside existing ‘extra markets’ on any horse race and the feature is available on ‘win’ and ‘each way’ single bets from 11am each day until the race starts.
Additional horse racing offers such as ‘Best Odds Guaranteed’, ‘Run for Your Money’ and ‘Each Way’ place terms will not apply to bets placed using ‘Guaranteed Bet’.
Matt Scarrott, Director of Sportsbook at BetVictor, said:
“We are pleased to launch Guaranteed Bet, which once again shows our commitment to giving horseracing bettors the best possible value.
We entered dialogue with the Horseracing Bettors Forum earlier this year and this project is something we have been keen to implement for a while. We believe our guarantee to include ‘each way’ bets and all race classes makes it a leading industry initiative.
Once we have trialled Guaranteed Bet for a short time, our plan is to review it with the intention of increasing limits and extending the timescales going forward.”
Matt Bisogno, HBF Chairman, said:
“HBF welcomes the news that BetVictor has introduced a Guaranteed Bet provision.
For the first time with a major operator, punters will be able to back any horse to win a minimum of £500 regardless of the class of race.
Having discussed a number of issues with the team at BetVictor earlier in the year, HBF was heartened by their commitment to a fairer betting environment.
Of course, actions speak louder than words, and today’s announcement is an extremely positive step forward for British and Irish racing bettors as well as a palpable demonstration of BetVictor’s commitment.
HBF believes the Guaranteed Bet provision represents a forward-thinking approach, and we further hope it encourages other operators to enhance their offering to horseracing bettors.”
If your account has previously been restricted or closed by BetVictor and you wish to place bets on UK & IRE horse racing via the Bet Guarantee feature, you can email [email protected] with your details to be considered for the promotion.
If you don’t currently have an account with BetVictor, you can claim £50 in free bets + a £10 casino bonus when you register, deposit & bet just £10. The BetVictor free bet offer is one of the best around and you’ll also be able to take advantage of a number of on-going promotions and offers such as Bet Victor ACCA Insurance, Best Odds Guaranteed and regular ‘Bet & Get’ offers.