If this is your first Refund Offer, it is recommended to read the Refund Offers Explained guide first!
Parimatch are offering a refund up to £30 if your first bet on horse racing loses.
Please note: Parimatch are owned by BetVictor. If you have done BetVictor's sign up offer, you will not be able to do this one.
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Check the Exchange lay odds aren't drastically higher than the back odds
Ideally the chosen bet should have the lay bet odds within 10% of the bookmaker odds.
For example, if your bookmaker odds are 2.0, aim for Betfair Exchange lay odds no higher than 2.2.
Load up the matched betting calculator and select the Refund Calculator
- Back Stake
- Back Odds
- Exchange Lay Odds
- Lay Commission (Smarkets = 2)
- Free Bet Award (£30)
- Free Bet Retention 75% - this is what you'll expect to receive from the free bet, should you end up receiving it
If your trigger bet wins, the offer is now complete! Because you used the Refund calculator, your bookmaker winnings will be around £18 greater than your exchange liability loss.
If your trigger bet lost, you will have made a £5-£8 ish loss from your lay stake paying out less than the £30 you backed. Not to worry, as we now make all of that profit back, and then some, with the free bet!
The free bet will be credited shortly after the trigger bet settles. The free bet expires within 7 days. The free bet can be used on any sport.
We now repeat Steps 1 to 3 as we did in the trigger bet part with one change in each step.
Choose a team with higher odds to make a larger profit:
|£30 Free Bet
For this week's free bet selections, check out the Selections Guide and scroll to the bottom of the page to view the "free bet" selections.
Select 'Free Bet SNR' in the Calculator as 'bet type'.
Place a lay bet to lock in profit from the free bet
Check the liquidity is higher than the required stake.
Once the free bet has settled...