Sky Bet – Money Back Special (Cheltenham 13:50)

There’s an action packed day of racing at Cheltenham today and Sky Bet has got us covered in the third race of the day. Simply place a bet on any horse in the 13:50 at Cheltenham and should our selection comes second, third, fourth or fifth, Sky Bet will refund our stake back as cash! This means we have a potential profit of £9.36!

Terms of the offer

• Up to £10.00 refund as a cash.
• Refund will trigger on any horse that places second, third, fourth or fifth.
• Qualifying bets must be placed between 14:00 Friday 24th January 2020 and 13:50 (start time) Saturday 25th January 2020.
• 9 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. For this offer we have opted to place our qualifying bet on Count Meribel at odds of 8.0. 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:

As we can see our £10.00 back bet at odds of 8.0 and lay odds of 8.4 will result in a small loss of £0.67 whether Count Meribel wins or loses. However if Count Meribel places second, third, fourth or fifth 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.

If Count Meribel finishes second, third, fourth or fifth we shall make a tidy profit of £9.36. If however Count Meribel wins or loses outside of the required place we stand to make a small loss of £0.67. 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.