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What is a bet365 cover bet?

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Kempton - Cover Bet 3 places - Derwentwater. Derwentwater is best priced 16/1, however you can place a cover bet 3 places with Bet365 for the same price. This means that if Derwentwater wins, you will get the 16/1 win price but if he places in 2nd or 3rd, you will get your stake refunded.
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