Sky Bet – Money Back Offer (14:30 Nottingham)

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There’s a big day of racing at Nottingham on Wednesday and it’s time for another Sky Bet money back offer! If our horse finishes 2nd or 3rd in the 14:30 Nottingham, Sky Bet will refund our stake as cash up to a maximum of £10.00. Translated into matched betting terms, this gives us a potential profit of £8.79 and here’s how…

Key terms

Applies to our first bet on the 14:30 Nottingham.Applies to bets placed between 11:00 on Monday 27th September 2021 and 14:30 (race-off) on Wednesday 29th September 2021.If fewer than six runners come under starters orders, Sky Bet may withdraw the offer.If our horse finishes 2nd or 3rd, Sky Bet will refund our stake as cash up to £10.00.

Qualifying bet

If you’d like more information about qualifying bets and how they work, please see my qualifying bets guide.

It’s entirely up to you which horse you go for, but it would make sense to select a horse with fairly short odds in the hope of a 2nd or 3rd place finish.

At the time of writing, the odds aren’t yet tight enough. Aristobulus is favourite to win the race at back odds of 3.75 (11/4). I’ll use lay odds of 4.20 to illustrate how this offer should be done and I’ll update the bottom of the post with a genuine selection after the race.

For this offer, Smarkets are the best option due to Sky Bet being part of the same group as Betfair.

Laying your bet at Betfair would probably be fine, but if you don’t want to risk it, Smarkets is your safest bet.

0% commission for 60 days

We can calculate our lay stake using my Matched Betting Calculator…

As you can see, the calculator tells us that our lay stake should be £8.97…

Sky Bet logo

Place £10.00 on Aristobulus @ 3.75 = Potential profit of £27.50

Smarkets logo

Lay £8.97 on Aristobulus @ 4.20 = Potential liability of £28.70

Outcomes

Let’s have a look at our potential profit/loss for the possible outcomes…

OutcomeSky BetSmarketsCashbackProfit/LossAristobulus wins+ £27.50– £28.70£1.20 lossAristobulus finishes 2nd or 3rd– £10.00+ £8.79+ £10.00£8.79 profitAny other outcome– £10.00+ £8.79£1.21 loss

So, we’ll make a nice profit of £8.79 if Aristobulus finishes 2nd or 3rd or we’ll lose a maximum of £1.21 on any other outcome. Risking £1.21 to make a potential profit of £8.79 gives us effective odds of 8.26, which I’m sure you’ll agree makes this a profitable offer in the long run.

If eligible, cash refunds will be credited within 72 hours of the race finishing.

* Bonita B was available at back odds of 5.00 and lay odds of 5.70. Bonita B finished 3rd, resulting in a profit of £8.62 on this Sky Bet offer. *

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Author: Tamara Kim