Free £50 For All

Posted on March 10, 2011 by Darren Hall

Just picked up details of an excellent offer from Victor Chandler which we can lock in a very tidy risk free profit from (and everyone is invited!)

Man Utd v Arsenal, FA Cup, Saturday 17:15pm KO, Live on ITV

Place a bet on Man Utd v Arsenal, and we’ll refund losing stakes as a FREE BET to use on Day 1 of the Cheltenham Festival!

Does not include Asian Handicap, Draw No Bet or Live (In-Running) bets. 90 mins only. Max free bet £50 or currencey equivalent per person. Promo cash bets do not qualify. Void bets do not qualify. Singles only. Internet & telephone bets only. Free bets will be credited and must be used on Tuesday 15th March.

We can lock in some risk free profit very nicely on this one. The key is to underlay the bet on the exchange so that if the bet does win then whilst you won’t get the free bet you lose less at the exchange and have locked in a profit. Naturally if the bet loses you will be down on this match but with a free £50 stake not returned bet, to cash out for risk free profit on day one of Cheltenham. As a guide then this free bet will be worth around £40 when cashed out as it is stake not returned, so please be aware of that.

To help you with the calculations and show you one way of playing the offer, I have put together a quick video and spreadsheet to explain it all a little more.

Download the calculation spreadsheet, as featured in the video, here

Of course you will be needing a Victor Chandler account for that, so you can grab yourself a free £25 sign up bet too in the process. Naturally we have all this covered on Oddsmatcher so can cash all these free bets out for maximum risk free profit, lovely.