The Cheltenham Festival 2020 continues 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 finish second, third, fourth or fifth, Sky Bet will refund our stake back as cash! This means we have a shot at £9.22!

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 11:17 on Monday 9th March 2020 and 13:30 (start time) Wednesday 11th March 2020.
  • 10 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 but we will only make a profit if our horse finishes second, third, fourth or fifth. For this offer we have opted to place our qualifying bet on Sporting John at odds of 4.50.

Let’s take a look on the matched betting calculator:

Back Bet




Lay Bet


Adjust Lay

Required Lay £
Bookmaker Exchange Cashback Total
If Back Wins
If Lay Wins

As we can see our £10.00 back bet at odds of 4.50 and lay odds of 4.80 will result in a small loss of £0.78 whether Sporting John wins or loses the race.

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If Sporting John finishes second, third, fourth or fifth we shall make a tidy profit of £9.22 due to receiving out £10.00 cashback. If however Sporting John wins or loses outside of the required place we stand to make a small loss of £0.78. Cash refunds will be credited to your account within 24 hours – the bet receipt will simply be voided and your stake returned back to your cash balance.