The Cheltenham Festival 2020 gets undwerway this Tuesday and the Sky Bet money back special is not to be missed. Simply place a bet on any horse in the 13:30 at Cheltenham and should our selection lose, Sky Bet will refund our stake back as cash! This means we have a guaranteed profit of £8.14!
Terms of the offer
- Up to £10.00 refund as a cash.
- Refund will trigger on any horse that fails to win.
- Qualifying bets must be placed between 09:00 on Friday 21st February 2020 and 13:30 (start time) Tuesday 10th March 2020.
- 5 or more runners required for the promotion to apply.
Qualifying Bet and Strategy
For this offer we will simply back and lay our selection while taking the lowest qualifying loss possible. It is a very simple offer to take advantage of and we can make some guaranteed profit due to this offer being on all losers. We will use this Risk-Free mode of the calculator to ensure we make a profit whether our selection wins or loses. We should aim to place our back bet on a horse with higher odds to ensure more profit is made. For this offer we have opted to place our risk-free bet on Elixir Dainay at odds of 26.0.
Let’s take a look on the matched betting calculator to see how we can make our risk free profit:
Adjust Lay
| Bookmaker | Exchange | Cashback | Total | |
|---|---|---|---|---|
| If Back Wins | ||||
| If Lay Wins |
As we can see our £10.00 back bet at odds of 26.0 and lay odds of 30.0 will result in a profit of £8.14 whether Elixir Dainay wins or loses the race. As the refund is in cash, there’s no free bet extraction required after the race.
| Outcome | Sky Bet | Exchange | Cashback | Profit/Loss |
|---|---|---|---|---|
| Elixir Dainay wins | +£250.00 | -£241.86 | £0.00 | £8.14 |
| Elixir Dainay loses | -£10.00 | +£8.17 | £10.00 | £8.17 |
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