Cheltenham 2022: Here's What Offers You Should Expect!

 7 mins

Josh Hughes
Matched Betting Expert

The countdown to Cheltenham is on!

2 weeks to go before the festival commences (on 15th March).

This is the BIGGEST week of the year for Matched Betting, and we want to make sure you're prepared.

We'll be sharing lots of exciting new content via our blog and Facebook Group to get you ready to make big profits!

It's too early to know exactly what offers will be available. But, I thought I'd start by running you through the main types of offer that you can expect to see. These are:

  • Free Bets

  • Bet + Get Offers

  • Refund Offers

  • Price Boosts

  • Extra Places

1 - Free Bets

Last year, we saw Paddy Power and Ladbrokes handing out £5 free bets to all (ungubbed) users for Cheltenham.

These could easily be converted into £3-£4 profit for a couple of minutes work.

Some members also reported receiving free bets from other bookies.

Fingers crossed we'll see a couple of these again, as they are the easiest profit going!

2 - Bet + Get Offers

You'll already have lots of experience of bet + get offers from the Welcome Offers. You place a trigger bet on an eligible market for a small qualifying loss, to get a free bet. You then turn that free bet into profit. Easy.

We have seen fewer bet + get offers at Cheltenham in recent years. But, there are still likely to be a few available, which you can usually turn into quick, easy profit.

Cheltenham will also provide lots of opportunities to complete the Weekly Bet Clubs. These are typically bet + get offers that can be turned into guaranteed profit.

3 - Refund Offers

Many of the bookies will be running refund offers each day during Cheltenham. The idea is that they will 'refund' your bet in the form of a free bet if a certain event happens in the race.

Taking advantage of refund offers can be a great way to earn free bets and grow your profits.

There are many formats of refund offer, the most common being:

  • Refund If Your Horse Loses - the most profitable racing refund offer. Back and lay a horse for a small trigger bet loss and hope it loses. By choosing a high odds horse, most of the time it will. Or, you can use the matched betting calculator in refund mode to guarantee a profit regardless of whether your horse wins or loses.
  • Refund If Your Horse Is Second (Or Second + Third) - Again, back and lay a horse for a small trigger bet loss and hope it comes 2nd to earn you a free bet. Make sure you minimise your qualifying losses, prioritise races with fewer runners, and avoid very high odds horses.
  • Refund If Horse 2nd To SP Favourite -For this offer, your horse needs to come 2nd and the SP Favourite must win the race. The SP favourite is the horse that is the favourite to win when the race starts. For this reason, you never back the favourite as you would never get a refund. Given both criteria need to happen, this is a low profit offer. It is best to only choose races where there is a clear favourite, and aim for very small trigger bet losses.

We are likely to see refund offers from most of the bookies, but typically the main bookies to look out for are:

4 - Price Boosts

The bookies love to offer price boosts during Cheltenham, to encourage people to place bets with them.

Price boosts are where a bookie offers you improved odds on a certain bet. If the odds are greater than the lay odds at the betting exchange, we can place a matched bet for a guaranteed profit, regardless of the outcome of the bet.

It's incredibly quick and easy to take advantage of price boosts. This, combined with the fact that we can usually guarantee an instant profit, makes price boosts one of the most popular types of Matched Betting offer.

Make sure that you familiarise yourself with price boosts ahead of the Cheltenham Festival. They are such a good money maker.

I also strongly recommend that you have access to Profit Accumulator's Price Boosts thread. Profit Accumulator members will be constantly sharing profitable price boosts here throughout Cheltenham.  You can just follow the forum thread, and when a boost gets posted, jump on it for instant profit!

5 - Extra Places

Extra Places is an advanced Matched Betting technique that can yield fantastic profits. There will be lots of extra place opportunities during Cheltenham.

Extra Places involves placing each way bets on certain races and potentially profiting from instances where bookies are paying out more places on each way bets than the betting exchanges.

Extra Places are only recommended to experienced Matched Bettors.

You should thoroughly research Extra Places before starting, and it's essential that you have access to advanced oddsmatching software, such as Profit Accumulator's Extra Place Catcher.

Where To Find The Offers

There are four key places that I would recommend you watch, to stay up to date on Cheltenham offers:

1. Team Profit's Reload Offers - this will be updated each morning during Cheltenham to include a summary of some of the day's best offers

2. Profit Accumulator's Offers Calendar - Profit Accumulator's dedicated offers team will be posting up detailed step by step guides to all the worthwhile Cheltenham offers. This is the PERFECT resource if you want to get on as many offers as possible!

3. Team Profit Facebook Group - Our 35,000+ members will be busy sharing and discussing the offers.

4. Your Emails And Texts - many of the bookies will be running invite only offers (offers not available to everyone). So, make sure you keep an eye on your texts and emails throughout Cheltenham for offers.

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Got Questions?

Be a part of our awesome Matched Betting community!

Join our Facebook group now, home to over 35,000 Matched Bettors!

It's the perfect place to ask questions and get help!

Facebook Group

New To Matched Betting?

We can't wait to help you start making tax-free cash from Matched Betting!

Head over to our free Tutorials to get started!

Free Tutorials!