There’s a big day of racing at Beverley on Sunday, and you don’t want to miss this Sky Bet offer! Place a bet on the 14:05 Beverley, and if your horse finishes 2nd or 3rd, Sky Bet will refund your stake as cash, up to £10.00. Translated into matched betting terms, this gives you a potential profit of £8.67 and here’s how…
Applies to your first cash bet on a horse running in the 14:05 Beverley on Sunday 28th August 2022.Your qualifying bet must be placed between 12:00 on Friday 26th August 2022 and 14:05 (race-off) on Sunday 28th August 2022.Win singles or win part of each way singles only.6+ runners and Sky Bet will pay ‘Money back if 2nd or 3rd’.5 runners and Sky Bet will pay ‘Money back if 2nd’.4 or fewer runners and Sky Bet reserve the right to withdraw the offer without prior notice.Maximum cash refund of £10.00Cash refunds will be credited within 72 hours of race completion.
Please see my ‘Qualifying Bets Guide‘ if you’d like more information about them and how they work.
It’s entirely up to you which horse you go for, but it would make sense to select a horse with relatively short odds in the hope of a 2nd or 3rd place finish.
At the time of writing, ‘Poet’s Dawn‘ is available at back odds of 6.00 (5/1) and lay odds of 6.80.
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
You can calculate your lay stake using my Matched Betting Calculator.
As you can see, the calculator tells you that your lay stake should be £8.85.
Place £10.00 on Poet’s Dawn @ 6.00 = Potential profit of £50.00
Lay £8.85 on Poet’s Dawn @ 6.80 = Potential liability of £51.33
Let’s look at your profit/loss for the possible outcomes.
OutcomeSky BetSmarketsCashbackProfit/LossPoet’s Dawn wins+ £50.00– £51.33£1.33 lossPoet’s Dawn finishes
2nd or 3rd– £10.00+ £8.67+ £10.00£8.67 profitAny other outcome– £10.00+ £8.67£1.33 loss
So, you’ll make a nice profit of £8.67 if Poet’s Dawn finishes 2nd or 3rd. Any other outcome, and you’ll lose £1.33. Risking £1.33 to make a potential profit of £8.67 gives you effective odds of 7.52, which I’m sure you’ll agree, makes this a profitable offer in the long run.
If eligible, your cash refund will be credited within 72 hours of completion of the race.
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