There’s another big day of racing at Doncaster on Saturday and it’s time for another Sky Bet First Race Special! Simply place a bet on the 13:45 at Doncaster and Sky Bet will pay us out as a winner if our horse finishes 1st or 2nd. Translated into matched betting terms, this gives us a potential profit of £158.27 and here’s how…
Key Terms:
- This offer applies to our first bet on the 13:45 at Doncaster.
- Qualifying bets must be placed between 14:00 on Friday 26th October 2018 and 13:45 (race-off) on Saturday 27th October 2018.
- If fewer than seven runners come under starters orders, Sky Bet may withdraw the offer.
- Sky Bet will pay us out as a winner if our horse finishes 1st or 2nd.
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 go for. Having looked at the odds available, we could place our qualifying bet on Dave Dexter.
At the time of writing, laying our bet with Smarkets gives us the smallest qualifying loss.
We can calculate our lay stake using my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £18.65…
Place £20.00 on Dave Dexter @ 8.00 = Potential profit of £140.00
Lay £18.65 on Dave Dexter @ 8.60 = Potential liability of £141.74
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Dave Dexter wins | + £140.00 – £141.74 = £1.74 loss |
| Dave Dexter finishes 2nd | + £140.00 + £18.27 = £158.27 profit |
| Dave Dexter finishes outside top 2 | – £20.00 + £18.27 = £1.73 loss |
So, we’ll make a huge profit of £158.27 if Dave Dexter finishes 2nd and we stand to lose a maximum of £1.74 on any other outcome. Risking £1.74 to make a profit of £158.27 gives us effective odds of 91.96, which I’m sure you’ll agree, makes this a profitable offer in the long run.
* See my Horse Racing Offers page for a full list of money back offers available today! *
* Dave Dexter finished outside the top 2, resulting in a loss of £1.73 on this Sky Bet offer. *
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £85,000 worth of profit, and made it my mission to make matched betting accessible to everyone.