Money Back Offer (13:50 Sandown) – Sky Bet

There’s a big day of racing at Sandown on Saturday and it’s time for another Sky Bet money back offer! If our horse finishes 2nd or 3rd in the 13:50 Sandown, 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 £8.70 and here’s how…

Key terms

  • Applies to our first bet on the 13:50 Sandown.
  • Applies to bets placed between 12:00 on Thursday 1st July 2021 and 13:50 (race-off) on Saturday 3rd July 2021.
  • If fewer than six runners come under starters orders, Sky Bet may withdraw the offer.
  • If our horse finishes 2nd or 3rd, 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 or 3rd place finish.

At the time of writing, Came From The Dark is available at back odds of 4.333 (10/3) and lay odds of 4.90.

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: £
Bookie
Exchange
Cashback
Total
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 £8.88…

Sky Bet logo

Place £10.00 on Came From The Dark @ 4.333 = Potential profit of £33.33

Smarkets logo

Lay £8.88 on Came From The Dark @ 4.90 = Potential liability of £34.63

Outcomes

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

OutcomeSky BetSmarketsCashbackProfit/Loss
Came From The Dark wins+ £33.33– £34.63£1.30 loss
Came From The Dark finishes 2nd or 3rd– £10.00+ £8.70+ £10.00£8.70 profit
Any other outcome– £10.00+ £8.70£1.30 loss

So, we’ll make a nice profit of £8.70 if Came From The Dark finishes 2nd or 3rd or we’ll lose £1.30 on any other outcome. Risking £1.30 to make a potential profit of £8.70 gives us effective odds of 7.69, 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.

* Came From The Dark won the race, resulting in a loss of £1.30 on this Sky Bet offer. *

Got a question?
Leave me a comment below

I usually respond within 24 hours.

Matt Kirman - Matched Betting Blogger

Matt KirmanMatched 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.