# Bet365 E/W £125 Refund Grand National

Bet365 are offering 50% cashback on Each way bets for the grand national up to £125. To take full advantage of this offer you will need £250 in your Bet365 account and up to £1,500+ in your exchange account. This will earn you around £50 profit guaranteed with the chance of winning £400+ if your horse comes 5th.

## Strategy

1Win Matched Bet

Place a £125 E/W bet on the favourite (Many Clouds). At the time of writing he is at odds of 10.0 at bet365. This will cost you £250. In the calculator below, enter £125 and the odds of Many Clouds and lay this amount on  the win market on betfair.

2Place Matched Bet

Go to the Betfair place market (the normal place market, not 5 or 6 places). Find many clouds and the odds. Enter £125 as the back in the calculator below.

For the back odds, you need to perform the following calculation:

(Back odds from step 1) - 1 / 4 + 1

(10 - 1) / 4 + 1 = 3.25

Enter the Lay odds. Lay this amount.

3Outcome

When the result comes in. If Many Clouds wins, comes 2nd, 3rd or 4th, you will make about £50 profit. If Many clouds comes 5th you will make around £400 profit. This is because the place market you placed your lay on is for 4 places and betfair payout on 5 places. Therefore you win your E/W bet and you win the liability from your place and your lay from the win bet.

• ## 2nd Place Horse Racing Refund

Place a matched bet on a qualifying race and if your horse comes second you will trigger a refund of your bet. With this reload your horse can come 2nd to any horse in the field. Don’t confuse this with the 2nd Place to SP Favourite Reload, or Refund if Your Horse Loses to the Favourite Reload.. #reloads #horse-racing

• ## Bet365 E/W £125 Refund Grand National

Bet365 are offering 50% cashback on Each way bets for the grand national up to £125. To take full advantage of this offer you will need £250 in your Bet365 account and up to £1,500+ in your exchange account. This will earn you around £50 profit guaranteed with the chance o.. #reloads #horse-racing

• ## Refund if Your Horse Loses to the Favourite

With this offer, you will trigger the refund if your horse loses to the favourite, it doesn’t matter where your horse comes as long as the favourite wins. This is a great offer as you don’t need your horse to come 2nd, meaning you can pick a horse with far higher odds and still hope to h.. #reloads #horse-racing

• ## Bet365 Channel 4/1 & Feature 4/1 Offer

With the Bet365 4/1 offer you need to pick a winning horse in the featured races of the day and if it wins, you will receive a free bet totalling your stake on the next featured race. You must place your bet on a horse above the odds of 5.0 to qualify for the refund. You will use your own money to .. #reloads #horse-racing

• ## 2nd Place to SP Favourite Refund

For this refund you only get it if your horse finished 2nd to the horse that starts the race as favourite. This isn’t as lucrative as the standard 2nd place refund reload but can be worth doing if you pick the right races. You need to place a qualifying bet as per usual but follow some simple .. #reloads #horse-racing

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