2nd Place Horse Racing Refunds
Firstly horse racing refunds are one of the biggest sources of income across the matched betting market. On a daily basis bookmakers offer refunds.
If your horse comes second. It is also quite common bookmakers can pay out on 3rd, 4th and 5th places in special races. Here are a list of bookmakers who offer daily horse racing offers.
- William Hill
Horse Racing offers can seem quite tricky if you are trying to find races and odds yourself. The odds change pretty fast and the race takes minutes to complete.
However these offers have been made simple by Oddsmonkey.
Horse Racing Software
Above is the image of software this lets us know what bookmakers offer refunds for this race and the amount of the refund.
The image above shows the best matches for this horse race to qualify for the WilliamHill £25 refund. It also shows the list of exchanges, Availability, how much you need to lay and the qualifying loss.
As you can see the only thing Oddsmonkey doesn’t do is back and lay the race for you.
We strongly advise you use this software as without it horse racing offers can be very difficult to place unless you have a lot of time and patience.
Making Money From 2nd Place Refunds
In order to receive your free bet, the horse you chose needs to come second. The more bookmakers you complete this offer with the more chance you have of coming second.
If you find your horse has not come 2nd keep going with the offers when the refund comes in it will be worth it.
One of the benefits of placing lay bets in the exchange on horse racing, is if you place more than one horse on the same race it does not use as much liability. The reason for this as your chance of winning or loosing increases, as only one horse can win the race, so the more horses you lay the less funds you need in your exchange.
Cashing in Free Bets
When you win your free bets from the 2nd place refunds they generally need to be placed on horse racing, this gives you a very good chance of getting the best value as horse racing odds are generally between 2.0 and 12.0.
This gives you potentially the best value and does not cause suspicion from the bookmaker.
Match Betting requires mug bets so you don’t appear to be a matched better.
we strongly advise you place mug bets.They need to be placed on races without an offer attached.
You will be placing a lot of bets on horse racing so to ensure you continue to benefit from these offers you need to be on the ball with your mug bets.