Hey Team!

The Cheltenham Festival is perhaps the most anticipated event of the year for Matched Bettors. Four days of great racing with plenty of chance to make some profit lies ahead!

Because of the significance of this event, we've made an easy to use guide that will tell you everything you need to know about the festival, help you stay organised, and ultimately make profiting easier!

The main offers for the Cheltenham Festival will be posted up each day on our Reload Offers Dashboard. Using this tool throughout the festival is an absolute must as it'll save you plenty of time, however we do also recommend that you have an Oddsmonkey account because you will likely be using a variety of tools they have to offer all the way through the festival. Also, Oddsmonkey will have an extensive list of refund offers (e.g. a second to SP Fav list) for those of you that are around in the day time, allowing you to potentially boost your profits even more!

New to Horse Racing? Not around in the day time? Do not worry! Our Bitesize Cheltenham Guide is available here!

Useful Links
Cheltenham Festival Details
Offers Summary

There's going to be alot of racing offers over Cheltenham. Some of these will be guaranteed profit, whilst others may require a certain outcome to happen for you to profit. Below, I've listed the main types of offer that you should look at targeting, and have given a brief run down of the strategy for each one.

To view which offers are actually running for each bookmaker, head over to our Reload Offers Dashboard, or visit Oddsmonkey's Dedicated Cheltenham Thread!

Strategy: This works just like a normal welcome offer would. Place a back bet and lay it as normal. You'll then receive a free bet, which may have to be used on a specific race. Change the calculator mode to Free Bet SNR and calculate at high odds to guarantee a profit.

Bet X Get Y - These offers don't come around often on the horses, however there will be a few of them at the Cheltenham Festival and you will be able to complete them very easily!

Strategy: Back the specific boost on the bookmaker, calculate in normal mode, and lay on the exchange. You will profit from the difference in odds.

Price Boosts - These are the easiest type of offer to complete as there's no messing about with free bets required.

Strategy: You could back and lay as normal and hope your horse loses, but this is a really bad strategy. These offers are easy, guaranteed cash if you decide to lock in profit, so I would heavily advise to do so. It's very easy. Open Oddsmonkey's Equal Profit Calculator and enter the numbers in as you normally would. In the free bet award box you'll put in the amount of your free bet, and in the free bet retention box put 75%. You'll then have a lay stake pop up at the bottom. Back and lay your horse using this amount at the bottom to guarantee a profit. If you win you profit instantly, then if you lose you'll receive the refund which you profit from!

"Risk Free" Bet - Some bookies offer money back as either cash or a free bet if your horse doesn't win the race. These are great offers that can bring in a decent amount of profit!

Strategy: Back a horse in the race, calculate in normal mode, and lay on the exchange. If the horse finishes in one of the specified places then you'll receive a free bet to profit from. If however it doesn't, then you'll receive nothing and so will have taken a small loss. That's why the key to this offer is to keep your QL down!

Refund If 2nd/3rd/4th - A popular offer that will generally be on one race per day. The key to this offer is to keep your qualifying loss low.

Strategy 1: Back any horse apart from the specified one, calculate as normal, and lay the bet on the exchange. If the specified horse wins then you'll receive a free bet to profit from. If however it doesn't, then you'll receive nothing and so will have taken a small loss. Again, the key here is to keep your QL down!
Strategy 2: Open Oddsmonkey's Trigger Bet Calculator. Fill in the blue and red boxes as normal, whilst putting the free bet award as the refund amount, and the free bet retention as 75%. Then, at the bottom, you're going to fill in the "Trigger Bet Lay". This is the odds of the horse which will trigger the offer, i.e the specified horse. Put the horse's odds in. Now back any other horse on the exchange, and lay using the amount stated on the calculator. Then place a further lay bet on the specified horse. If the horse wins, you'll take a small loss due to that lay, but will receive a free bet to profit from. If the horse doesn't win, you don't receive a free bet but you'll have made a bit of profit from that lay bet.

Refund If X Horse Wins - A popular one from Paddypower and possibly other bookmakers. Very similar to the above offer, however you can lock in some profit on this one.

Strategy: Visit our Extra Places Guide for advice on how to complete this type of offer!

Extra Places - This is for the more advanced Matched Bettor as it generally requires a fairly large bankroll, and a lot of discipline.

Day 4 Offers

Race

Bookie

Offer

Offer Type

All Day

Racing Offers

Forum Link

Free Bet

Qualfying Bet To Be Placed On Races 1, 2 and 3 (13:30, 14:10, 14:50)

Bet X Get Y

13:30 (First Race)

Bet X Get Y

Refund If 2nd/3rd/4th/5th

Refund If 2nd/3rd/4th

Refund If 2nd/3rd/4th

Refund If 2nd/3rd/4th

Refund If 2nd/3rd/4th

14:10 & 14:50

Refund If 2nd/3rd/4th

15:30

Risk Free Bet

Risk Free Bet

Refund If X Horse Wins

Refund If 2nd/3rd/4th

16:10, 16:50 & 17:30

Refund If 2nd/3rd/4th

Best Odds Guaranteed

Best odds guaranteed is a promotion that most bookies offer on the horses. If you bet on a horse and the price increases, and it wins, you will receive payment for the increased price. This can be extremely profitable and you can read more about it here.

Alot of the bookies restrict when you are eligible for BOG (best odds guaranteed) though, and so you need to try and keep your betting within the correct times for each bookie, just incase you qualify. Some will allow you to bet at any time and be eligible, but others may be "day of the race", or "after 9am on the day of the race". See the list below for more info on when a bet can be placed!

Anytime

Bet365

Boylesports

Bwin

Coral

Ladbrokes

Sportingbet

The Pools

From Midnight
(day of the race)

888sport

Brucebetting

Grosvenor

From 7am

Virginbet

From 8am

Betfair Sportsbook

Betfred

Paddypower

Unibet

From 9am

Betway

Betvictor

Skybet

Sportnation

Sportpesa

From 10am

Mansionbet

William Hill

From 11am

Jenningsbet

From Midday

Genting

Offer Archive: Day 3

Race

Bookie

Offer

Offer Type

All Day

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Racing Offers

Forum Link

Qualfying Bet To Be Placed On Races 1, 2 and 3 (13:30, 14:10, 14:50)

Bet X Get Y

13:30 (First Race)

Bet X Get Y

Refund If 2nd/3rd/4th/5th

Refund If 2nd/3rd/4th

Refund If 2nd/3rd/4th

Refund If 2nd/3rd/4th

Refund If X Horse Wins

14:10 & 14:50

Refund If 2nd/3rd/4th

15:30

Free Bet

Risk Free Bet

Refund If 2nd/3rd/4th

16:10, 16:50 & 17:30

Refund If 2nd/3rd/4th

Offer Archive: Day 2

Race

Bookie

Offer

Offer Type

All Day

Racing Offers

Forum Link

Free Bet

Qualfying Bet To Be Placed On Races 1, 2 and 3 (13:30, 14:10, 14:50)

Bet X Get Y

13:30 (First Race)

Bet X Get Y

Bet X Get Y

Refund If 2nd/3rd/4th/5th

Refund If 2nd/3rd/4th

Refund If 2nd/3rd/4th

Refund If 2nd/3rd/4th

Refund If 2nd/3rd/4th

14:10

Refund If X Horse Wins

Refund If 2nd/3rd/4th

Refund If 2nd/3rd/4th

15:30

Risk Free Bet

Risk Free Bet

Refund If 2nd/3rd/4th

16:10, 16:50 & 17:30

Refund If 2nd/3rd/4th

Offer Archive: Day 1

Race

Bookie

Offer

Offer Type

All Day

Racing Offers

Forum Link

Qualfying Bet To Be Placed On Races 1, 2 and 3 (13:30, 14:10, 14:50)

Bet X Get Y

13:30 (First Race)

Risk Free Bet

Bet X Get Y

Bet X Get Y

Refund If 2nd/3rd/4th

Refund If 2nd/3rd/4th

14:10 & 14:50

Refund If 2nd/3rd/4th

Refund If 2nd/3rd/4th

15:30

Risk Free Bet

Risk Free Bet

Refund If 2nd/3rd/4th

Refund If X Horse Wins

Refund If 2nd/3rd/4th

16:10, 16:50 & 17:30

Refund If 2nd/3rd/4th

Refund If 2nd/3rd/4th

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