Neds Extra Head

Fancy a double payout on your horse racing bets? Using this simple technique could see you score some large profits with a very low risk profile.

Using our horse racing software the Matcha you can easily identify horses with odds close to Betfair. The method is simply to back and lay and then hope that your horse comes second and is beaten by less than a head (0.2l).

The Offer

Neds offer – “Get paid out as a winner if your runner finishes 2nd by 0.2 lengths or less.”

Neds Extra Head

How Can I Make Money?

Step 1 – Find a horse who’s odds at Neds closely matches the ‘lay odds’ at Betfair using Matcha

Step 2 – Enable Extra Head in the quick slip or Betslip

Step 3 – Back your horse at Neds

Step 4 – Lay your horse on Betfair

Step 5 – If your horse comes second by less than 0.2 lengths then both your back and lay bet win! You can check the official margins to see if your horse came second by less than 0.2 lengths on the Racenet website here.

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What is the Estimated Value of this offer?

Estimated Value is $14 per $200 placed on your back bet at Neds. It will greatly depend on your ability to get a close matched bet between Neds and Betfair. This will help!

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The Method In More Detail

How To Take Advantage

Useful pointers

  • Most important thing to note is to get odds as close to Betfair as possible so that your qualifying loss is minimised
  • The less horses in the race the better
  • This offer favours being on favourites as they will more likely have odds closer to Betfair as well as being more likely to just lose than other horses
  • The shorter the race the more likely you are to hit the bonus

What you will need

Skill Level


Risks Involved

Placing repeated toolbox bets at Neds will increase your chances of a promo ban. It is important to maximise the amount of value you gain from your accounts. You can read more about ‘gubbings’ (promotions bans) here

Terms Of The Offer

Full terms of the offer can and should be  checked on the Neds site here are a couple of key terms of the offer as displayed on Neds page Fri 21st Feb 2020.

Neds Extra Head Terms & Conditions
  • Keep an eye on your toolbox to see how many Extra Heads you have to use each day.
  • Your extra head balance can be used once, per runner, per race at all Australian Thoroughbread racetracks.
  • There is. a maximum stake of $200 for Extra Head bets

Step 1 -Find a horse who’s odds at Neds closely matches the ‘lay odds’ at Betfair

The next step is to find a horse odds that closely matches the odds you can gain at Neds. We would recommend keeping the qualifying cost under 10%. You can do this manually but a much simpler method is to use the Matcha to find a suitable bet for you.

Neds Extra Head

Step 2 – Enable Extra Head in the quick slip or Betslip

Add your fixed win selection to the quickslip or betslip and activate the Extra Head tool.

Enable Extra Head Neds

Step 3 – Back your horse at Neds

Back your selected horses at Neds. We would recommend always placing your back bet before placing your lay bet

Step 4 – Lay your horse on Betfair

Ensure your lay amount is exactly equal so that your qualifying cost is the same regardless of your horse winning or not. Matcha calculates this stake for you automatically and includes Betfairs commission.

Step 5 – Count profit and repeat

If your horse has come 2nd by less 2 lengths then its Boom Time as both your back bet at Neds and your lay bet at Betfair will have won.

If not you will have lost your qualifying cost amount. This offer is not going to hit in every race you take part in but if you keep your qualifying costs down then by repeatedly playing this offer you will end up ahead.

If you want more help with this offer please join in the discussion in the community or jump on live chat to get some one on one support

What sets us apart

With the Bonus Money Pro service, we can take anyone including you no matter your level of knowledge and show you how to add hundreds of dollars extra profit per week.

By joining Bonus Money Pro you also gain access to our Pro community, odds matching software, offer calendar and personal support.

Take out our $49 trial below with our 30-day money back guarantee. If we can’t show you how to make money then get your money back. You will learn techniques and methods that aren’t taught anywhere else.

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