Cheltenham’s now over but the racing continues at Uttoxeter this Saturday and Sky Bet has got us covered in the first race of the day. Simply place a bet on any horse in the 13:50 at Uttoxeter and should our selection come second or third, Sky Bet will refund our stake back as cash! This means we have a potential profit of £9.00!

Terms of the offer

  • Up to £10.00 refund as a cash.
  • Refund will trigger on any horse that places second.
  • Qualifying bets must be placed between 14:00 on Friday 13th March 2020 and 13:50 (start time) Saturday 14th March 2020.
  • 5 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 or third. For this offer we have opted to place our qualifying bet on Solstice Star at odds of 11.0. 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 £10.00 back bet at odds of 11.0 and lay odds of 12.0 will result in a small loss of £1.00 whether Solstice Star wins or loses. However if Solstice Star 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
Solstice Star wins +£100.00 -£100.98 £0.00 -£0.98
Solstice Star loses -£10.00 +£9.00 £0.00 -£1.00
Solstice Star places 2nd or 3rd -£10.00 +£9.00 +£10.00 +£9.00

If Solstice Star finishes second or third we shall make a tidy profit of £9.00. If however Solstice Star wins or loses outside of the required place we stand to make a small loss of £1.00. 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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