There’s a bumper 9 races on Channel 4 today, as the live coverage comes to us from Newmarket, Ascot and Redcar.
The first race is the 1.50 from Newmarket, and all of these live races give punters and traders alike the chance to grab some free bets and make some risk free money using bookie refund offers, such as bet365’s Channel 4/1 offer.
If you manage to back a winning horse in a live Channel 4 race at odds of 4/1 or greater on bet365, you get a free bet to the same value to use on the next live Channel 4 race.
So if you find a horse where the odds on bet365 and very similar to those on Betfair (betting exchange), you will find that you can place a risk free bet by backing it on bet365 and laying it on Betfair.
Then if the horse loses, you break even, while if the horse wins, you have a free bet to use from bet365 up to a maximum of £50.00.
Risk free money can also be made using William Hill 2nd place refunds. You can open a William Hill account here and claim a £25.00 Free Bet.
If you back a horse in a live Channel 4 race on your mobile or tablet with William Hill, and the horse comes second, you get a free bet to the same value up to a maximum of £25.00.
So again, we look for horses that are similar in price on William Hill to Betfair, we then back the horse on Hills and lay it on Betfair to ensure we don’t lose any money.
If the horse comes anywhere other than 2nd, we break even, while if the horse comes 2nd we break even and have a free bet to use (up to a maximum of £25.00).
Paddy Power do a similar offer on one race a day, you can open a Paddy Power account here and claim a £50.00 Free Bet.
Today’s Paddy Power refund is on the 3.50 at Ascot, where you will get a refund (in the form of a free bet) if your horse comes 2nd or 3rd in this race.
In order to get a risk free bet, simply find a horse where the odds on Paddy Power are similar to what they are on Betfair, and then back the horse on Paddy Power and lay it on Betfair to ensure you don’t lose.
Then if the horse comes 2nd or 3rd, you break even and have a free bet to use. While if it comes anywhere else, you break even.
This is a great method to make risk free money out of horse racing. Patience may be required while waiting to get a free bet, but you can make easy risk free money from this when you land a refund.
When you do land a refund, they tend to be like the proverbial buses, and a load will come at once.