It’s the final day of Royal Ascot 2019 and Sky Bet have got us covered by offering money back as cash on the first race of the day! Simply place a bet on any horse in the 14:30 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 in the 14:30 at Royal Ascot 21st June 2019.
  • Qualifying bets must be placed between 11:00 Friday 21st June 2019 and 14:30 (start time) Saturday 22nd 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 Highland Chief 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:

Back Bet




Lay Bet


Adjust Lay

Required 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 Highland Chief wins or loses. However if Highland Chief places second 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
Highland Chief wins +£240.00 -£241.13 £0.00 -£1.13
Highland Chief loses -£20.00 +£18.90 £0.00 -£1.10
Highland Chief places 2nd -£20.00 +£18.90 +£20.00 +£18.90

If Highland Chief finishes second we shall make a tidy profit of £18.90. If however Highland Chief 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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