There’s another big day of racing at York on Friday and it’s time for another Sky Bet Money Back Special! If our horse finishes 2nd or 3rd in the 13:50 at York, Sky Bet will refund our stake as cash, up to a maximum of £20.00. Translated into matched betting terms, this gives us a potential profit of £19.03 and here’s how…
- This offer applies to our first bet on the 13:50 at York.
- Qualifying bets must be placed between 14:00 on Thursday 16th May 2019 and 13:50 (race-off) on Friday 17th May 2019.
- If fewer than nine 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 £20.00.
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, but it would make sense to select a horse with fairly short odds in the hope of a 2nd or 3rd place finish.
Having looked at the odds available, we could place our qualifying bet on Lady Kermit.
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 £19.42…
Place £20.00 on Lady Kermit @ 6.00 = Potential profit of £100.00
Lay £19.42 on Lady Kermit @ 6.20 = Potential liability of £100.98
Let’s have a look at our potential profit/loss for the possible outcomes…
|Lady Kermit wins||+£100.00||-£100.98||£0.98 loss|
|Lady Kermit finishes 2nd or 3rd||-£20.00||+£19.03||+£20.00||£19.03 profit|
|Lady Kermit finishes outside top 3||-£20.00||+£19.03||£0.97 loss|
So, we’ll make a nice profit of £19.03 if Lady Kermit finishes 2nd or 3rd and we stand to lose a maximum of £0.98 on any other outcome. Risking £0.98 to make a profit of £19.03 gives us effective odds of 20.42, 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.
* Lady Kermit finished 3rd, resulting in a profit of £19.03 on this Sky Bet offer. *
Click here to get this Sky Bet offer