Horse racing is the most consistently profitable sport for matched betting in Australia.
Every week, bookies offer refunds if your horse finishes 2nd or 3rd. Matched betting uses these promotions to create a steady flow of profits.
However, matched betting on horse racing is a little different than other sports.
Liquidity in racing is limited until shortly before the race starts. Then, once the money starts to come into the market, the odds can move quickly. You have to be fast if you want to get your bets matched.
Fortunately, bonusbank can help…
Our Chrome Extension
The HorsePower chrome extension helps users to quickly identify the horses with the highest expected value. It also calculates the appropriate lay stake. The lay stake can even factor in an underlay, or a commission discount, if you choose.
When you select a race HorsePower will open up all of the necessary tabs, saving you time searching for the right page. It then displays the horses that meet your criteria on a single page, so that you don’t have to constantly flick between bookies.
When you move to the next race, all of the old tabs will shut down automatically.
In addition to identifying the horse which offers the most value, HorsePower also has a few other features that make matched betting on horse racing easier.
In the list of upcoming races you can find the number of runners in that race. This is great if you have an offer that can be applied to any race (such as Bet Returns from Sportsbet).
The handy countdown timer, which is also displayed on the Betfair market, helps users ensure that they get their bets on in time. On a fast-moving Saturday it can be easy to lose track otherwise.
Our unique ‘Fav v Field’ tool can also help advanced matched bettors to squeeze additional profits out of accounts that have been banned from promotions.