Sky Bet – Money Back Offer (14:05 Beverley)
There’s a big race day in Beverley on Sunday, and you don’t want to miss out on this Sky Bet offer! Place a bet at Beverley 14:05 and if your horse finishes 2nd or 3rd, Sky Bet will refund your stake in cash, up to £10.00. Translated into matched betting terms, this gives you a potential profit of £8.67 and here’s how…
key terms
- Applies to your first cash bet on a racing horse at Beverley 14:05 on Sunday 28th August 2022.
- Your qualifying bet must be placed between 12:00 on Friday 26 August 2022 and 14:05 (race) on Sunday 28 August 2022.
- Win singles or win singles share each way only.
- 6+ runners and Sky Bet will pay ‘Cash back if 2nd or 3rd’.
- 5 runners and Sky Bet will pay ‘Cash back if 2nd’.
- 4 or fewer runners and Sky Bet reserve the right to withdraw the offer without notice.
- Maximum cash refund of £10.00
- Cash refunds will be credited within 72 hours of race completion.
Qualifying bet
Please see my ‘Guide to Qualifying Bets’ if you would like more information about them and how they work.
It is entirely up to you which horse you choose, but it would make sense to select a horse with relatively short odds in hopes of finishing in 2nd or 3rd place.
At the time of writing, ‘Poet’s Dawn‘ is available at back probabilities of 6.00 (5/1) and put on probabilities of 6.80.
For this offer, Smarkets are the best option as Sky Bet is part of the same group as Betfair.
Placing your bet on 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 put on bet using my Combined Betting Calculator.
As you can see, the calculator tells you that your put on bet must be £8.85.
Put £10.00 on Poet’s Dawn @ 6.00 = Potential profit of £50.00
Put £8.85 on Poet’s Dawn @ 6.80 = £51.33 potential liability
Results
Let’s look at your profit/loss for possible outcomes.
| Result | Heaven’s bet | Smarkets | Money back | Loss of profit |
|---|---|---|---|---|
| Poet’s Dawn wins | + £50.00 | – £51.33 | £1.33 loss | |
| The Poet’s Dawn ends 2nd or 3rd |
– £10.00 | + £8.67 | + £10.00 | £8.67 profit |
| any other result | – £10.00 | + £8.67 | £1.33 loss |
So you will do a good profit of £8.67 if Poet’s Dawn finishes 2nd or 3rd. Any other result, and you will lose 1.33lbs. Risking £1.33 for a potential profit of £8.67 gives you effective odds of 7.52, which I’m sure you’ll agree makes this offer profitable in the long run.
If eligible, your cash refund will be credited within 72 hours of race completion.
Get this offer at Sky Bet
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