This is a simple shrewd betting technique that exploits a generous offer from
I suspect it's use was one of the reasons they effectively barred my account
Bet365 run an offer they term their Channel 4 4/1 offer.
This popular offer will continue to apply to any winner at 4/1 or over
on Channel 4 races. Have up to £50 on a winner, then have a free bet to
the same stake on the next race, and if that wins at 4/1 or over, have another
free bet on us, and so on! Does not apply to 'Not to win' bets.
As a general rule you will find qualifying races each Friday and Saturday on
Channel 4. Bet365 also list them on their site.
If you are going to bet in these races, it makes sense to do it at 365 as
long as you are targeting horses above 4/1.
Over the course of a season you should pick up quite a few £50 free bets.
However being the shrewdie that I am, I wanted to take advantage of these offers,
pocket the free bets, but not risk my betting bank doing so.
This is possible!
What you will need as well as your account at Bet 365 is an exchange account
such as Betfair.
The principle is fairly simple.
You make your bet of £50 on Bet365 and simultaneously lay the selection
All things being well you win on Betfair what you lose at Bet365 or vice versa
should the horse win.
Every time the horse wins however you get a free £50 bet from Bet365 .
Some Finer Detail.
If you have your head screwed on one of the first points you should query about
the above concept is
What about having to lay at higher odds on Betfair than I bet at on the bookies?
Surely that will put my bank at risk?
Yes. You are correct.
You must keep an eye on Betfair prices and watch for suitable opportunities
The best time to run this is during the live shows.
Very often Betfair markets indicate an upcoming shift in bookmaker live show
Don't go into this approach with a certain horse in mind, go into with the
view that you will trade which ever horse the opportunity arises on.
You are looking for a live show horse at over 4/1 which is starting to trade
on Betfair at or even slightly dipping below that price.
Watch for this and very often you will be able to trade back at lower than
the Bet365 live show price.
A fast connection and quick fingers are required.
An example of a successful trade.
Red Rum is noted at 12/1 during the live shows. It is also noted that it is
trading at this same price on Betfairand even dipping slightly below the 12/1
£50 is staked at 12/1 during the live shows on Bet365 .
A minute later the odds come in on the shows to 10/1
At this point you lay the bet back on Betfair taking a stake of £53 at
You now have the following two possible outcomes.
1. Red Rum loses.
In this instance you lose your £50 stake to Bet 365.
You however gain £53 pounds from Betfair which after an assumed 5% commission
puts in your pocket £50.35
Net result, you are up by 35 pence.
Now what happens if the horse wins?
From Bet365 you win £50 * 12 = £600
You have to pay out on Betfair however.
There you pay the other punter £53*11 = £583
ie you have a net win of £17.
The beauty however is that you also have a free £50 bet in the next race.
Over the course of a season how much could you be ahead betting with Free £50