There’s a giant day of racing at Newmarket on Wednesday and it’s time for one more Sky Bet a refund supply! If our horse finishes 2nd or third within the 13:50 Newmarket, Sky Bet will refund our stake as money, as much as a most of £10.00. Translated into matched betting phrases, this provides us a potential revenue of £9.16 and right here’s how…
- This supply applies to our first wager on the 13:50 Newmarket.
- Qualifying bets have to be positioned between 11:00 on Monday twelfth April 2021 and 13:50 (race-off) on Wednesday 14th April 2021.
- If fewer than six runners come beneath starters orders, Sky Bet might withdraw the supply.
- If our horse finishes 2nd or third, Sky Bet will refund our stake as money, as much as £10.00.
If you’d like extra details about qualifying bets and the way they work, please see my qualifying bets information.
It’s solely as much as you which of them horse you go for, however it could make sense to pick a horse with pretty brief odds within the hope of a 2nd or third place end.
At the time of writing, the again and lay odds aren’t fairly tight sufficient. Going Places is favorite to win the race at again odds of 4.00 (3/1). I’ll use lay odds of 4.30 as an instance how this supply works and I’ll replace the underside of the submit with a real choice after the race.
We can calculate our lay stake utilizing my Matched Betting Calculator…
As you may see, the calculator tells us that our lay stake ought to be £9.35…
Place £10.00 on Going Places @ 4.00 = Potential revenue of £30.00
Lay £9.35 on Going Places @ 4.30 = Potential legal responsibility of £30.85
Let’s take a look at our potential revenue/loss for the attainable outcomes…
So, we’ll make a good revenue of £9.16 if Going Places finishes 2nd or third and we stand to lose a most of £0.85 on every other consequence. Risking £0.85 to make a possible revenue of £9.16 provides us efficient odds of 11.78, which I’m positive you’ll agree, makes this a worthwhile supply in the long term.
If eligible, money refunds can be credited inside 24 hours of the race ending.