Goodwood Festival 2021 (Day 2) Offer – Sky Bet

It’s Day 2 of Goodwood Festival 2021 on Wednesday and it’s time for another Sky Bet money back offer! If our horse finishes 2nd, 3rd or 4th in the 13:50 Goodwood, Sky Bet will refund our stake as cash, up to a maximum of £10.00. Translated into matched betting terms, this gives us a potential profit of £9.07 and here’s how…

Key terms

  • Applies to our first bet on the 13:50 Goodwood.
  • Applies to bets placed between 11:00 on Monday 26th July 2021 and 13:50 (race-off) on Wednesday 28th July 2021.
  • If fewer than seven runners come under starters orders, Sky Bet may withdraw the offer.
  • If our horse finishes 2nd, 3rd or 4th, Sky Bet will refund our stake as cash, up to £10.00.

Qualifying bet

If you’d like more information about qualifying bets and how they work, please see my qualifying bets guide.

It’s entirely up to you which horse you go for, but it would make sense to select a horse with fairly short odds in the hope of a 2nd, 3rd or 4th place finish.

At the time of writing, Nagano is available at back odds of 4.333 (10/3) and lay odds of 4.70.

Smarkets works best for this offer

For this offer, Smarkets are the best option due to Sky Bet being part of the same group as Betfair.

Laying your bet at Betfair would probably be fine, but if you don’t want to risk it, Smarkets is your safest bet.

  • 0% commission for 60 days

We can calculate our lay stake using my Matched Betting Calculator

Select bet type

Back Bet (Bookie)


Lay Bet (Betting Exchange)


Min £
Max £
Lay stake required: £
If back (bookie) bet wins
= £
If lay (exchange) bet wins
= £
Total profit: £

Optimal Underlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

Optimal Overlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

As you can see, the calculator tells us that our lay stake should be £9.26…

Sky Bet logo

Place £10.00 on Nagano @ 4.333 = Potential profit of £33.33

Smarkets logo

Lay £9.26 on Nagano @ 4.70 = Potential liability of £34.26


Let’s have a look at our potential profit/loss for the possible outcomes…

OutcomeSky BetSmarketsCashbackProfit/Loss
Nagano wins+ £33.33– £34.26£0.93 loss
Nagano finishes 2nd, 3rd or 4th– £10.00+ £9.07+ £10.00£9.07 profit
Any other outcome– £10.00+ £9.07£0.93 loss

So, we’ll make a nice profit of £9.07 if Nagano finishes 2nd, 3rd or 4th or we’ll lose £0.93 on any other outcome. Risking £0.93 to make a potential profit of £9.07 gives us effective odds of 10.75, which I’m sure you’ll agree, makes this a profitable offer in the long run.

If eligible, cash refunds will be credited within 72 hours of the race finishing.

* Nagano won the race, resulting in a loss of £0.93 on this Sky Bet offer. *

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £60,000 worth of profit, and made it my mission to make matched betting accessible to everyone.