There’s another big day of racing at Sandown on Saturday and it’s time for another Sky Bet money back offer! If our horse finishes 2nd in the 15:05 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 £9.10 and here’s how…
Key terms
- This offer applies to our first bet on the 15:05 Sandown.
- Qualifying bets must be placed between 10:00 on Thursday 22nd April 2021 and 15:05 (race-off) on Saturday 24th April 2021.
- If fewer than five runners come under starters orders, Sky Bet may withdraw the offer.
- If our horse finishes 2nd, 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 place finish.
At the time of writing, the back and lay odds aren’t quite tight enough. Put The Kettle On is favourite to win the race at back odds of 3.00 (2/1). I’ll use lay odds of 3.25 to illustrate how this offer works and I’ll update the bottom of the post with a genuine selection after the race.
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…
As you can see, the calculator tells us that our lay stake should be £9.29…
Place £10.00 on Put The Kettle On @ 3.00 = Potential profit of £20.00
Lay £9.29 on Put The Kettle On @ 3.25 = Potential liability of £20.90
Outcomes
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Sky Bet | Smarkets | Cashback | Profit/Loss |
|---|---|---|---|---|
| Put The Kettle On wins | + £20.00 | – £20.90 | £0.90 loss | |
| Put The Kettle On finishes 2nd | – £10.00 | + £9.10 | + £10.00 | £9.10 profit |
| Any other outcome | – £10.00 | + £9.10 | £0.90 loss |
So, we’ll make a nice profit of £9.10 if Put The Kettle On finishes 2nd and we stand to lose £0.90 on any other outcome. Risking £0.90 to make a potential profit of £9.10 gives us effective odds of 11.11, which I’m sure you’ll agree, makes this a profitable offer in the long run.
If eligible, cash refunds will be credited within 24 hours of the race finishing.
* Altior was available at back odds of 3.00 and lay odds of 3.30. Altior finished 2nd, resulting in a profit of £8.96 on this Sky Bet offer. *
More reload offers – Make £300+ per month
With detailed walkthroughs for all the best offers as they’re released, you’ll be bagging recurring profits in no time.
More reload offers
Got a question?
Leave me a comment below…
I usually respond within 24 hours.
Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £90,000 worth of profit, and made it my mission to make matched betting accessible to everyone.