Horse Racing Free Bet Offer – Novibet | Matched Betting Blog

It’s a big Sunday of horse racing and you don’t want to miss this Novibet free bet offer! Simply place 4 or more single bets of £5.00+ on any horse racing events and Novibet will give us a £5.00 free bet. Translated into matched betting terms, this gives us a guaranteed profit of £2.40 and here’s how…

Key terms

  • We must place 4 or more single bets on any horse racing markets on Sunday 14th February 2021.
  • Minimum stake of £5.00 per bet.
  • Minimum odds of 1.70 (7/10).

Qualifying bets

If you’d like more information about qualifying bets and how they work, please see my qualifying bets guide.

We can calculate our lay stakes using my Matched Betting Calculator.

Aim to lose no more than £0.40 on each of our 4 qualifying bets

So, we’ll lose a total of around £1.60 in qualifying for our £5.00 free bet.

Free bet

Our £5.00 free bet will be credited within 24 hours of our qualifying bets being settled and will be valid for 7 days. Free bet stakes are not included in any returns.

Using straightforward matched betting, we should be able to convert our free bet into 80% cash, so £4.00. If we take into account our total expected qualifying loss of £1.60, this gives us a guaranteed profit of £2.40 on this Novibet offer!

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