One of the regular columns shared each month in Betting Insiders is from full time arber Mark Jenkins.

Mark has been profiting from the difference in bookies prices for the past 9 years and targets £1,000 profit per week.

Every month he shares techniques and today I have one such technique for you that you can use over the next few days at Royal Ascot.

One aspect of the arbers approach is to exploit bookmaker offers so today we are going to talk about the Bet Victor money back offer if Richard Hughes places in a race.

So the offer goes like this.

You bet on something in an Ascot race (Not a Hughes mount) and if it wins you win, if it loses but Richard Hughes finishes in the money you get a refund.

So the way to profit from this is to find a horse in each race that you can lay off at Betfair at a price close to the Bet Victor price.

If you are lucky this will be a break even (except commission) situation, most likely it will be a small loss position for you of around 10%.

Then if your horse loses and Richard Hughes places you will get your stake refunded from Bet Victor.

Yesterday Richard placed in two races, so players of this method would have made about £30 – £35 profit for £25 stakes. Depending on which horses they backed and layed off.

The worst case scenario is that Richard Hughes doesn’t place at all in which case you will lose about 10% of your total stakes.

This is not totally risk free but the odds are stacked in your favour.

For risk free and low risk betting advice every month check Mark Jenkins column in Betting Insiders: