It’s Day 3 of the Yorkshire Ebor Festival 2020 on Friday and it’s time for another Sky Bet money back offer! If our horse finishes 2nd, 3rd or 4th in the 13:45 at York, 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 £8.89 and here’s how…
Key Terms:
- This offer applies to our first bet on the 13:45 at York.
- Qualifying bets must be placed between 12:00 on Wednesday 19th August 2020 and 13:45 (race-off) on Friday 21st August 2020.
- If fewer than nine runners come under starters orders, Sky Bet may withdraw the offer.
- If our horse finishes 2nd, 3rd or 4th, Sky Bet will refund our stake as cash, up to £10.00.
Qualifying Bet:
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, 3rd or 4th place finish.
Having looked at the odds available, we could place our qualifying bet on Zabeel Champion.
At the time of writing, laying our bet with Smarkets gives us the smallest qualifying loss.
If you’re not yet signed up, Smarkets are currently offering a £10.00 welcome bonus for new customers.
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 £9.08…
Place £10.00 on Zabeel Champion @ 2.75 = Potential profit of £17.50
Lay £9.08 on Zabeel Champion @ 3.05 = Potential liability of £18.61
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
Outcome | Bookie | Exchange | Cashback | Profit/Loss |
---|---|---|---|---|
Zabeel Champion wins | +£17.50 | -£18.61 | £1.11 loss | |
Zabeel Champion finishes 2nd 3rd or 4th | -£10.00 | +£8.89 | +£10.00 | £8.89 profit |
Zabeel Champion finishes outside top 4 | -£10.00 | +£8.89 | £1.11 loss |
So, we’ll make a nice profit of £8.89 if Zabeel Champion finishes 2nd, 3rd or 4th and we stand to lose £1.11 on any other outcome. Risking £1.11 to make a profit of £8.89 gives us effective odds of 9.01, 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.
* Zabeel Champion finished outside the top 4, resulting in a loss of £1.11 on this Sky Bet offer. *
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Matt Kirman – Matched 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.