An action packed day of racing is scheduled for this Saturday and Sky Bet has got us covered in the first race at Newcastle. Simply place a bet on any horse in the 13:50 and should our selection come second, Sky Bet will refund our stake back as cash! This means we have a potential profit of £18.90!
Terms of the offer
- Up to £20.00 refund as a cash.
- Refund will trigger on any horse that places second or third.
- Qualifying bets must be placed between 14:00 Friday 28th June 2019 and 13:50 (start time) Saturday 29th June 2019.
- 6 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 Mokaatil at odds of 13.0. 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:
Adjust Lay
| Bookmaker | Exchange | Cashback | Total | |
|---|---|---|---|---|
| If Back Wins | ||||
| If Lay Wins |
As we can see our £20.00 back bet at odds of 13.0 and lay odds of 13.5 will result in a small loss of £1.13 whether Mokaatil wins or loses. However if Mokaatil places second or third 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.
| Outcome | Sky Bet | Exchange | Cashback | Profit/Loss |
|---|---|---|---|---|
| Mokaatil wins | +£240.00 | -£241.13 | £0.00 | -£1.13 |
| Mokaatil loses | -£20.00 | +£18.90 | £0.00 | -£1.10 |
| Mokaatil places 2nd or 3rd | -£20.00 | +£18.90 | +£20.00 | +£18.90 |
If Mokaatil finishes second we shall make a tidy profit of £18.90. If however Mokaatil wins or loses we stand to make a small loss of £1.13. 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.



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