Sky Bet are getting into the Ascot action tomorrow with the Sky Bet Money Back Special. Simply place a bet on any horse in the 13:35 at Ascot and should our selection come second, third or fourth, Sky Bet will refund our stake back as cash! This means we have a potential profit of £9.55!
Terms of the offer
- Up to £10.00 refund as a cash.
- Refund will trigger on any horse that places second, third or fourth.
- Qualifying bets must be placed between 14:00 Friday 18th October 2019 and 13:35 (start time) Saturday 19th October 2019.
- 14 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 but we will only make a profit if our selection places second, third or fourth. For this offer we have opted to place our qualifying bet on One Master at odds of 7.0. Of course it up to you which horse you choose for this promotion and is subject to available odds.
Let’s take a look on the matched betting calculator to see what out qualifying loss will be:
|If Back Wins|
|If Lay Wins|
As we can see our £10.00 back bet at odds of 7.0 and lay odds of 7.2 will result in a small loss of £0.45 whether One Master wins or loses. However if One Master places second, third or fourth we stand to make a tasty profit. Remember the refund is in cash so we don’t need to worry about extracting any profit from a free bet.
|One Master wins||+£60.00||-£60.45||£0.00||-£0.45|
|One Master loses||-£10.00||+£9.55||£0.00||-£0.45|
|One Master places 2nd/3rd/4th||-£10.00||+£9.55||+£20.00||+£9.55|
If One Master finishes second, third or fourth we shall make a tidy profit of £9.55. If however One Master wins or loses outside of the required place we stand to make a small loss of £0.45. 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.