We’re heading to Kelso today for a Second Chance offer from Sky Bet. Place a £10.00 bet on the 3.40 at Kelso and Sky Bet will give us an instant £10.00 free bet to use on another horse in the same race. Translated into matched betting terms, this gives us a guaranteed profit of £7.00 and here’s how…
Qualifying Bet:
If you’re unsure about how to place qualifying bets, check out my Qualifying Bet Strategy page for a walk-through guide on how they should be done.
It’s entirely up to you which horse you place your qualifying bet on. At the time of writing, the lay odds are pretty poor, but these should tighten up closer to the race.
I like to place my exchange lay bets with Smarkets as they have great liquidity in the run up to races, the site is really easy to use and they only charge 2% commission in comparison to the 5% charged by other betting exchanges.
We can calculate our lay stake using the matched betting calculator.
Free Bet:
Our free bet will be credited instantly upon us placing our qualifying bet and must be used to bet on another horse in the same race.
By using straightforward matched betting, we should be able to extract at least 80% of the £10.00 free bet, so approximately £8.00. If we take into consideration our qualifying bet loss of £1.00, we should make a guaranteed profit of £7.00 on this Sky Bet offer.
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £70,000 worth of profit, and made it my mission to make matched betting accessible to everyone.