STS – Royal Ascot 2022 (Day 2) Offer

It’s Day 2 of Royal Ascot 2022 on Wednesday, and you don’t want to miss this STS offer! Place a £20.00+ bet on the 14:30 Royal Ascot, and get a £10.00 free bet if your horse finishes 2nd or 3rd. Translated into matched betting terms, this gives you a potential profit of £7.63 and here’s how…

Key terms

  • Applies to your first pre-race single bet on a horse running in the 14:30 Royal Ascot (Wednesday 15th June 2022).
  • Minimum stake of £20.00.
  • £10.00 free bet if your horse finishes 2nd or 3rd.
  • If eligible, your free bet will be credited within 24 hours.
  • The free bet will be valid on horse racing for 7 days.
  • The free bet stake will not be returned with any winnings.

Qualifying bet

Please see my qualifying bets guide if you’d like more information about them and how they work.

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

At the time of writing, Katey Kontent is available at back odds of 11.00 (10/1) and lay odds of 11.00.

Either exchange works for this offer

Betfair and Smarkets are both great options for this offer. If you’ve not used one of them, now is a great time to give them a try.

  • Money back as cash up to £20
  • 0% commission for 60 days

You can calculate your 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 you that your lay stake should be £20.04

STS logo

Place £20.00 on Katey Kontent @ 11.00 = Potential profit of £200.00

Lay £20.04 on Katey Kontent @ 11.00 = Potential liability of £200.40

Outcomes

Let’s look at your potential profit/loss for the possible outcomes…

OutcomeSTSBetfairFree BetProfit/Loss
Katey Kontent wins+ £200.00– £200.40£0.40 loss
Katey Kontent finishes
2nd or 3rd
– £20.00+ £19.63+ £8.00£7.63 profit
Any other outcome– £20.00+ £19.63£0.37 loss

So, you’ll make a nice profit of £7.63 if Katey Kontent finishes 2nd or 3rd, or you’ll lose a maximum of £0.40 on any other outcome. Risking £0.40 to make a potential profit of £7.63 gives you effective odds of 20.08, which I’m sure you’ll agree, makes this a profitable offer in the long run.

Your £10.00 free bet will be credited within 24 hours if eligible.

If you’re unsure how to convert a £10.00 free bet into £8.00 cash (80%), please see my free bets guide for a walkthrough.

* Katey Kontent finished 6th, resulting in a £0.37 loss on this STS offer. *

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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.