Royal Ascot 2018 gets underway on Tuesday and you don’t want to miss this Sky Bet offer! Simply place a bet on the 14:30 at Royal Ascot each day and if our selection finishes 2nd or 3rd, Sky Bet will refund our stake as a free bet, up to a maximum of £20.00. Translated into matched betting terms, this gives us an overall potential profit of £70.00+ and here’s how…
The Offer:
Qualifying bets for Tuesday must be placed between 14:00 on Friday 15th June 2018 and 14:30 (race-off) on Tuesday 19th June 2018, to be eligible.
This offer is available on the first race each day as follows…
| Race | Time | Date |
|---|---|---|
| Queen Anne Stakes | 14:30 | Tuesday 19th June 2018 |
| Queen Mary Stakes | 14:30 | Wednesday 20th June 2018 |
| Norfolk Stakes | 14:30 | Thursday 21st June 2018 |
| Albany Stakes * | 14:30 | Friday 22nd June 2018 |
| Chesham Stakes * | 14:30 | Saturday 23rd June 2018 |
* This offer applies to 2nd, 3rd, 4th or 5th for the Albany Stakes on Friday 22nd June 2018 and the Chesham Stakes on Saturday 23rd June 2018.
Qualifying Bets:
Having looked at the odds available for the Queen Anne Stakes, we could place our qualifying bet on Rhododendron.
At the time of writing, laying our bet at Smarkets gives us the smallest qualifying loss.
We can calculate our lay stakes using my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £18.69…
Place £20.00 on Rhododendron @ 4.00 = Potential profit of £60.00
Lay £18.69 on Rhododendron @ 4.30 = Potential liability of £61.67
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Rhododendron wins | + £60.00 – £61.67 = £1.67 loss |
| Rhododendron finishes 2nd or 3rd | – £20.00 + £18.31 + £16.00 (extract 80% from our £20.00 free bet) = £14.31 profit |
| Rhododendron finishes outside top 3 | – £20.00 + £18.31 = £1.69 loss |
So, if Rhododendron finishes 2nd or 3rd, we’ll make a nice profit of £14.31. Any other outcome and we’ll have made a maximum loss of £1.69. Risking £1.69 to make a profit of £14.31, gives us effective odds of 9.47, which I’m sure you’ll agree makes this a profitable offer in the long run.
If eligible, free bets will be credited within 24 hours of the race finishing and will be valid for 3 days. Free bet stakes are not returned with any winnings.
I’ll update the following table with suggested bets throughout the week…
| Race | Selection | Back Odds | Lay Odds | Qualifying Loss | Potential Profit |
|---|---|---|---|---|---|
| Queen Anne Stakes | Rhododendron | 4.00 | 4.30 | £1.69 | £14.31 |
| Queen Mary Stakes | Chelsea Cloisters | 4.00 | 4.20 | £1.25 | £14.75 |
| Norfolk Stakes | Land Force | 9.00 | 9.60 | £1.59 | £14.41 |
| Albany Stakes | Just Wonderful | 3.25 | 3.45 | £1.43 | £14.57 |
| Chesham Stakes | Natalie’s Joy | 2.50 | 2.56 | £1.08 | £14.92 |
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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.