How To Guarantee Profit from Bet365 Feature Race 4/1 Offer & ITV Racing Offer

bet365 feature race 4/1 offer feature image
Estimated Reading Time: 8 minutes
How Many Times Did You Back a Winner & Miss Refund in Bet365 Feature Race 4/1 Offer & ITV Racing 4/1 Offer?

No More Disappointment,

We Show You How To Guarantee Profit from Every Bet365 Feature Race & ITV Racing – Even Your Horse Loses!!


Bet365 Feature Race Preface

Firstly, Please Avoid Prejudice of Betting = Gambling. We Do Bet but Don’t Count On Luck. Rather, we do 6 Advantage Playsadvantage play, keyboard based on mathematical edge to beat the bookies, casino & bingo. When it comes to Sports Betting & Horse Racing, we use Matched Bettingsports matched betting, full guide / Sports Arbitrage / Value Bets On Proven Tipsters to lock-in profit or consistently earn extra income for long-term. With that said, one of our policies is “Betting On Luck Is For Losers, Stop Gamble Betting But Bet on Only +EV (Expected Value)To Win Reliably. It is effectively our way to promote Responsible Gambling, and we strongly support GamCaregamcare logo being explained in about us.

We use various methods & many customized spreadsheets to calculate mathematical advantage over the bookies’ offers to secure Guaranteed Profit. The technique for Bet365 Feature Race & ITV Racing is just 1 of them.

BTW, have you been aware that you can Extract Well Over £2,000 Extra Money with Absolutely Risk Free from Bet365 Key Offers? If Not, suggest take a look at 3 Best Ways To Lock-In Profit on Bet365 Offers;Full Instruction on How To Lock-In Profit from Bet365 Offers
This information is “Member Only”, thus please register by just filling-in your name & email (that’s all) to get Password to access to the document. You can use the password for all the other Member Only pages. All of them are very valuable instructions.

What Are Bet365 Feature Race 4/1 Offer & ITV Racing 4/1 Offer

Bet365 has been running 2 On-going key horse racing promotions, which are ITV Racing 4/1 Offer & Feature Race 4/1 Offer. The offer itself is completely identical. ITV Racing 4/1 offer is for the races televised on ITV that is every Saturday & big meetings – ITV Racing Broadcasting Schedule) ;Bet365 ITV 4/1 Race

The Feature Race 4/1 offer is available on two races per day when there is no scheduled live ITV racing. Means, Bet365 offers this 4/1 offer effectively every day; Bet365 Featyre 4/1 race

You can profit from every single one of these races, regardless of the result. We will show you how.

Bet365 Feature Race Offer – How To Extract Money Effectively

In this document, I use Bet365 Feature Race as an example, but all the methods we discuss here can perfectly apply to Bet365 ITV Racing Offer, because as said these 2 offers are completely identical.

Bet365 Feature Race 4/1 Offer T&C

Bet365 says “Back any single winner at 4/1 or more on a bet365 Feature Race and you can have a risk free bet to the same stake (up to £50) on the next bet365 Feature Race. This offer applies to the FIRST single bet placed by a customer on each bet365 Feature Race. ”

So;

  • You need to place 2 consecutive races with your own money.
  • The first race: £50 (as a maximum refund amount) bet to be placed over the odds of 4/1 (5.o) even after a dead heat or Rule 4. So even if you take the early price, the SP (starting price) must be over 4/1 to qualify.
  • If your horse wins in the 1st race, your next bet in the 2nd race will become Risk Free Bet. It means you will receive refund as £50 cash credit if your horse loses, you will not be given the £50 credit if the next horse wins again, you only get it after a looser as specified below;

Bet365 Feature Race T&C also says;

“If your risk free bet also wins at odds of 4/1 or more, you qualify for a risk free bet on the next bet365 Feature Race. Keep backing those winners and we’ll keep giving you risk free bets! If your risk free bet loses, your stake (up to £50*) will be refunded to your account.

Sounds nice, but understand carefully, this means when you have a winner you will not receive £50 refund until you have a loser, even if you find 10 winners in a row.

4/1 Requirement

Bet365 used to require 5.0< odds at SP (Starting Price), and the current T&C is not clear. But obviously they have changed it into “The price you take” as seen from the below screenshot of the live chat, which 1 of our members sent to us;

bet365 itv race offer, odds definition
Click The Image To Enlarge

Just FYI.

Matched Betting As A Basic Method

As briefly said at the beginning, we use Matched Betting as an underlying concept to make Bet365 Feature Race & ITV Race Risk-Free or Lock-In Profit. If you’re already familiar with matched betting, just skip this section.

Just in case you’re completely new to this concept, suggest take a look at Matched Betting For Dummies – 9 Essential Things You Should Know Before Staking Any Real MoneyMatched Betting For Dummies - 9 Essential Things You Should Know Before Staking Any Real Money. But allow me to recap how it works very briefly by using Bet365 Feature Race 4/1 Offer.

We show you the detail process with the real example later, thus here please try to understand the concept.

Matched betting is all about turning bookmaker’s offer often in the form of Free Bet into Real Cash Profit. The simplest example is Bet XX Get YY Free Bet. So, first we have to Bet XX, which is so called Qualifying Bet. It involves;

  • 2 transactions of Back (bet on win) Horse A (odds is 5<) at Bookmaker & Lay the same Horse A (bet on NOT win) at Betting Exchange such as Betfair or Smarkets so that you cover all outcomes.
  • No matter what your Horse A’s result, your losing & winning will cancel out each other. In the real practice, usually 2 bets are not perfectly offset due to the odds difference & exchange commission therefore you make a small loss called Qualifying Loss. For full details of this process, take a look at Matched Betting Starting Guide: Welcome Bonus (2): Place Qualifying Bet;Free Matched Bet Starting Guide (2) – How To Sign-Up & Place Qualifying Bet
  • However, if your Horse A wins, your next Feature Race will become Risk-Free.
  • Then you repeat the same transactions, but this time your bet is Risk-Free, means if your horse loses you will get Cash Refund (not free bet thus more value, that’s one of the benefits of Bet365 Feature Race offer). Therefore when your horse loses, the whole stake – qualifying loss (both first race & 2nd race) will become your net profit.
  • Success factor is how to minimize this qualifying loss.
As seen from the above process, betting exchange is essential for matched betting. For further details, suggest you click the below box to expand the information;

Bet Exchange Sign-Up Strategies With Real Example

Betting Exchange

Therefore, it’s critical to adopt the right approach toward the betting exchanges from the beginning, which will affect your long-term profit. Suggest you take a look at Bet Exchange – How To Sign-Up & Lock-In Profit Wisely With Best OffersBet Exchange, Sign-Up Strategies Feature Image, where you find the Smart Tactics on How To Use Which Bet Exchange in Which Occasion with spoon-fed like instructions.

We recommend SMarkets as a Core Betting Exchange for matched betting. Not Betfair, Why? Also show how important Matchbook is. Please go to the above document that explains the full rationale & comprehensive strategies to make the best use of all 4 key betting exchanges.

Anyhow, for those who have not opened SMarkets or not even a single bet exchange account, I prepared a step-by-step guide for your quick start. You can effortlessly extract cash from its sign-up bonus of £10 Risk-Free Bet. Actually, this is one of the easiest offers to lock-in profit in the industry.

Please follow the below process, which takes less than 10 minutes to complete;

Update & Confirm T&C (Terms & Conditions)

  • Firstly, Go To SMarkets Front Page confirming the availability of £10 Risk Free Sign-Up Promotion

Bet Exchange SMarkets Offer Check

  • Read welcome bonus T&C. I know it’s a boring stuff but never try to save time by skipping it to avoid any unpleasant future surprise;
Bet Exchange SMarkets Bonus T&C
Click To Enlarge

Simple Sign-Up By Filling Information

  • After confirming the availability of the offer & reading the T&C,  click “Start Trading”

Bet Exchange SMarkets Signup Front Page

  • Fill-in the required information related to Account, Personal Information & Deposit;

Bet Exchange SMarkets Signup Account Page

A Few Key Points

  • For the deposit method, suggest use Visa Debit card if possible. Because depositing by Mastercard or credit card incur a 2.5% deposit fee, bank transfer takes a few days. Importantly, Skrill & Neteller deposits are not eligible for the £10 bonus.
  • Account Verification. You will receive the below e-mail to verify account. Suggest you do it as quickly as possible to prevent any future transaction delay;
    Bet Exchange SMarkets ID Verification
    Click To Enlarge
  • That’s it. You’re now ready to place lay bets to construct matched betting once you sign-up the bookmakers.
  • If you are not familiar with how to start matched betting, see how to place qualifying bet.

How To Extract Cash From The Offer?

As said, SMarkets signup offer is probably the easiest one. Because you don’t have to do anything. SMarkets will refund your first £10 loss. Yes, even you win thousands of £ before you lose £10, SMarkets will refund that first £10 loss. So, just keep doing the matched betting, and whenever you lose £10 for the first time in SMarkets, you will be refunded, and as you’re aware it’s your profit.

Some Good News

  • Very simple, isn’t it? SMarkets & all other bet exchanges I list in the betting exchange guide are fully licensed & regulated by UK gambling commission. And they all register in IBAS – Independent Betting Adjudication Service, thus you can let IBAS resolve when you face any problem with them.
  • Remember, any income from the matched betting are Tax Free in the UK / Ireland as long as it is not considered as your main source of income.

£2,500 Risk-Free Opportunities

BTW, Matched Betting is all about making the best use of bookmakers’ promotion, thus you need to open up bookies account as many as possible.  All online bookies are in fierce competitive situation thus advertise tasty offers to attract your sign-up including Bet365. However, Don’t sign-up directly, Click + To See Little Known Smart Method;

How To Earn £2,500 Risk-Free Cashback

Many punters overlook huge Cashback Opportunities and open up bookmaker, casino & bingo account directly. Stop doing it, you can earn a lot of risk-free cash while receiving the gambling sites’ own sign-up offers & bonuses. We have separately prepared  Betting Cashback Websites – The Ultimate Guide To Be Always Better Offbetting cashback, feature image, where you will find how to collect £2,500 cashback all together. So, from now on, Never Ever Sign-Up Any Gambling Accounts Directly Before Checking the Availability of Cashback Offer stated in the above document.

 

Instruction Of 3 Approaches & Each Process

There are 3 approaches to tackle this offer, which are;

  • Standard Matched Betting Approach
  • Risk Free Approach
  • Lock-In Profit Approach.

I’ll show the process for each approach by using the real race I bet which is;Bet365 Feature Race Schedule

*Click “+” or Any Part Of the Paragraph To Keep On Reading.

1. Standard Matched Betting Approach

Simply to find the horse at 5.0 over odds and close between Bet365 & Exchange. Back the horse at Bet365 and Lay Off at exchange like Betfair or SMarkets. My 1st race was Catterick at 14:15 and the below shows Bet365 Odds for this race; (Read More --)

What you need to do is putting the matched betting concept I explained before into practice.

Bet365 Feature Race Odds
Click The Image To Enlarge.

Exchange (SMarkets) Lay Odds are;

Bet365 Feature Race Lay Odds
Click The Image To Enlarge.
How To Chose The Horse

Although choosing Short odds is one of the basic tactics in the qualifying bet, we shouldn’t forget that my horse’s odds need to be over 4/1 (5.0). Importantly, it is not the odds you bet but is applying to the SP (Starting Price).

Since odds fluctuates a lot, it’s safer to select the horse which doesn’t seem to be promising enough to go below 5.0. Having checked at Bet365, the top favourite “Halcyon Days” is already below 5.0. When I look at oddschecker )see the below table), the odds of “Nomoreblackjack” is shrinking (blue color) means there is a large chance of going below 5.0.

Considering the lay odds, the choices remain “Caprice Danglais” & “Alchimix”. Although the odds of “Caprice Danglais” are drifting (pink color), given the fact that Best365 gives the highest odds to “Caprice Danglais” among the bookies, I decided to bet on “Caprice Danglais”.

Bet365 Feature Race Oddschecker
Click The Image To Enlarge.

And SMarkets (Exchange) odds just 10 minutes before starting the race was;

Bet365 Feature Race Final Lay Odds
Click The Image To Enlarge.

It decreased to 6.2 from 6.4, not much but good news. I quickly input those info into the Tricky Bet (free matched betting calculator) which calculates the required lay stake (pointed by blue arrow) and anticipated loss of £2.41-43 (red circle);Bet365 Feature Race Profit & Loss

Standard Matched Betting Approach Conclusion

So, there are 2 scenarios;

  • if “Caprice Danglais” loses, I will incur £2.43 qualifying loss then move on by hoping the win in the next race
  • if “Caprice Danglais” wins, I will receive £50 Risk Free bet in the next feature race in 5 hours 17:15 at Kempton. I will gain average £40 value (around 80% of the refund) from the risk free bet in the next race if you follow the instruction below. Therefore my final profit will be £37.57 (£40 – £2.43 above qualifying loss).
Risk Free Bet Instruction

When I receive the Risk Free Bet, we use the approach of SNR free bet that is Underlaying setting. Therefore, we should select long odds (high odds) horse with tight odds between Bet365 & SMarkets.  For those who are not familiar with how to extract risk free bet, go Risk Free Bet (Refund to Lose Bet) Lock In Profit Instruction Special Report by GEMRisk Free Bet Lose Bet Refund

End 1,

2. Risk Free Profit Approach

Next approach is Risk Free Approach. What we're going to do is Overlaying up to the level where I achieve break-even when my horse loses. The Tricky Bet calculator effectively calculates at the same time as below; (Read More --)

Bet365 Feature Race Risk Free Approach Calculation

As you see, it shows £0.00 if my horse loses. However if my horse wins, the loss is gone up to £15.30.

Then, 2 possible scenarios are;

  • if “Caprice Danglais” loses, I’m break-even then move on by hoping the win in the next race
  • if “Caprice Danglais” wins, I will receive £50 Risk Free bet in the next feature race in 5 hours 17:15 at Kempton. I’ll expect around £24.70 profit (£40 final expected refund value – £15.30 above qualifying loss).

End 2,

3. Lock-In Profit Approach

The last approach is not only to make it Risk Free but to Guarantee Profit. We can do it by further overlaying as shown in the calculator. (Read More --)

There is a custom lay function where you slide the bar to adjust the lay amount & profit / loss;Bet365 Feature Race Lock-In Profit Approach Custom Calculation

As shown, if my horse loses I can now create £3.92. However if my horse wins, the loss is gone up to £36.10.

As a basic guideline, we have to structure overlay;

  • not to exceed around £36 loss when the horse wins, otherwise it will be difficult to absorb it in the next race and may end up with loss given the expected value of £50 refund is £40.

Then, 2 possible scenarios are;

  • if "Caprice Danglais" loses, I now £3.92 lock-in profit then keep moving on
  • if "Caprice Danglais" wins, I will receive £50 Risk Free bet in the next feature race in 5 hours 17:15 at Kempton. I'll expect also around £3.90 profit (£40 final expected refund value - £36.10 above qualifying loss).
Bet365 Fearure Race Lock-In Profit Spreadsheet

We have customized Spreadsheet which automatically calculate the Lock-In scenario as follows;

Bet365 Feature Race Lock-in Profit Calculator Spreadsheet

The advantages of this spreadsheet are;

  • Since it is set in optimised formula for lock-in scenario, it will instantly calculate the best profit.
  • Bet365 Feature Race offer is a consecutive offer, and it's good to have 2 races scenario in advance. This calculation allows you to know how much lay stake do you need to do with the best profit by combining the 1st & 2nd races.The profit & loss shown in the Race 2 already includes the loss comes from the Race 1, so that's the aggregated Profit (or loss).

For those who prefer lock-in approach, suggest download it in 3 Best Ways To Lock-In Profit on Bet365 Offers.

Actual Result

As seen in the below official record, the top favorite "Halcyron Days" won and my "Caprice Danglais" finished 5th. Bet365 Feature Race Winner Sportinglife

Therefore, at this stage,

  • Standard Matched Betting Approach lost £2.43.
  • Risk Free Approach just resulted in break-even.
  • Lock-In Approach made £3.92 profit.

Back A Winner - Other Bookmakers' Offers

The method we share in this document can perfectly work not only for Bet365 Feature or ITV 4/1 Racing but all other similar offers, such as;

Betfair ITV Racing 3/1 Offer

Place a single bet in any live ITV race. If your horse wins at SP odds of 3/1 or greater (Racing Post decision final), you will receive a free bet to the same value of your stake, up to £25;betfair back a winner ascot offer

For this particular offer, we prepared for the step-by-step instruction, so please go Back A Winner Betfair Offer – How To Lock-In Profit by Overlay Betting;back a winner betfair offer feature image

Sportnation

Opt-in and stake up to £50 on a horse to WIN any of the selected races within 1 hour of the scheduled off time. If your horse wins and the SP is 4/1 (5.0) or greater, you will qualify for a free bet equal to the value of your original stake. Free bets will be credited on or before 4pm the day following the race;sportnation back a winner ascot

Star Sports

Back the winner of any ITV race with an SP of 4/1+ and get a free bet to the same stake (win part only) of up to £25 to use on any event later that day;starsports itv back a winner

Unibet Ascot British Champions Day - 3/1+ Special

Unibet periodically provide this sort of offer especially in the occasion of a big event like; Saturday's ITV Racing comes from Ascot, on British Champions Day, with six great races to be shown throughout the afternoon. Back a horse in any ITV televised race from Ascot (20/10/2018). and if it goes off at 3/1 or greater and wins, get a Money Back as Bonus offer to use on your next horse racing betunibet back a winner ascot

BTW, all the bookmakers we list not only in this article but also in our entire site are needless to say legitimate and being regulated by UK Gambling Commission or prominent gaming control board such as International Association of Gaming Regulators (IAGR), North American Gaming Regulators Association (NAGRA) & Gaming Regulators European Forum (GREF) etc. So, basically they are remote from scum, fraud or any wrong doing. However, too much winnings could cause a big headache for everybody such as Bet365 over £1m payout Megan McCann court battle, so Be Modest, Just FYI.

 

Bet365 Feature Race & ITV Racing Offer - Conclusion

This time, the result supports Lock-In Profit Approach. However, there is no right or wrong when it comes to the choice. Let me evaluate this offer in the form of EV (Expected Value) as usual.

Expected Value

For the lock-in method approach, we already know its Positive EV because it's a guaranteed equal profit of £3.92 no matter what the final outcome to be.

For the Standard Matched Betting Approach & Risk Free Approach. Since it's Bet & Hope concept. For calculating EV, we can use the below calculation formula;

  • EV = (Outcome A x Probability %) – (Outcome B x Probability %)

Outcome is the possible 2 scenarios I attach for each approach. Outcome A is Receiving Refund in the next race, which means my horse Wins in the 1st race. Outcome B. is Not Win.

Probability in the above case is calculated based on the odds of my horse. The odds of "Halcyon Days" is 6.o. The implied probability of win is 16.7% (1.0 / 6.o x 100). Then not win is 83.3%.

Standard Matched Betting Approach EV = (£37.57 x 16.7%) - (£2.43 x 83.3%) = £6.27 - £2.02 = £4.25

Risk Free Approach EV = (£24.7 x 16.7%) - (£0 x 83.3%) = £4.12 - £0 = £4.12

EV will fully depend on the odds. Shorter and Tighter (between Bet365 & Exchange) odds will bring about better EV. The above example shows better EV of Standard Matched Betting Approach than Risk Free Approach mainly because of its relatively tight odds (6.0: 6.2). When the odds gap becomes wider the qualifying loss becomes bigger. Thus, the Risk Free approach will give you better EV. The most important thing is to chose the horse with the narrowest gap between Bet365 back odds & the Exchange lay odds as a basic but critical theory. Just as a reminder.

Bottom-line

All the approaches show Positive EV. The choice mainly depends on individual's preference. With our approach, Bet365 Feature Race Offer & ITV Racing Offer are absolutely profitable. You don’t always win. Say, you may not get refund from the 5 races in a row but the refund of the following 2 races will make the whole 7 bets profitable. So don’t be fooled by variance. As long as you keep taking the positive EV offers like this, you will make a lot of money. You don’t need to believe me but believe the mathematics.

Bet365 offers this promotion every day when the horse racing happens, multiple races on ITV televised day like 10 races on Saturday, and 2 featured races on the day without ITV broadcasting. So there are hundreds of qualified horse racing you can bet, and assuming you pocket average £5 per race, you could make thousands every year.

However, if you bet all the races, you are most likely to be gubbed. So, many people say up to around 70%. It means if there are 20 qualified races in 1 week, on Saturday they often offer nearly 10 ITV races, you may not want to bet more than 15 races. Just a guideline without any guarantee.

Avoid Gubbing

Suggest you take a look at 23 Smart Tactics To Avoid Bookie’s Account Restriction & Solutions After Being Gubbedgubbed, 23 feature image In this document, you will find full list of daily precautionary activities including mug bet based on how bookies identify you as a smart punter and actions even after your accounts are gubbed. Very useful.

Appendix - Sky Dogs 2/1 Offer

By the way, Bet365 offers the below Sky 2/1 dog race offer which works exactly the same as the above horse race,Bet365 Dog Race 2/1 Offer

This case requires minimum odds of 2/1 (3.0) over and the maximum stake is up to £100. Although number of races is less than horse racing, it's obviously worth exploiting by using the same methods.

If you have any inquiry or need any help from us, please contact us anytimeGlobal Extra Money Contact (don't worry, we will not charge you any fee, everything is free here).

Good Luck!!

Joshua Walker - Publisher of GEM (Global Extra Money)