Cheltenham Festival 2021 will get underway on Tuesday with the Supreme Novices’ Hurdle and also you don’t wish to miss this Sky Bet threat-free wager provide! Simply place a wager on the Supreme Novices’ Hurdle and if it loses, Sky Bet will refund your stake as money, as much as a most of £10.00. Translated into matched betting phrases, this offers us a assured revenue of £7.50 and right here’s how…
- Applies to your first money wager on a horse that runs within the Supreme Novices’ Hurdle.
- Applies to bets positioned between 08:00 on Friday twenty sixth February 2021 and 13:20 (race-off) on Tuesday sixteenth March 2021.
- If fewer than 5 runners come beneath starters orders, Sky Bet might withdraw the provide.
- Maximum money refund of £10.00 in case your horse loses.
Losing stakes are refunded as money, so we are able to deal with this as a threat-free wager provide.
We’ll want to pick out a horse with lengthy odds with a purpose to maximise our revenue.
I’m going to make use of fictional odds within the following instance for example how this provide works and I’ll replace the underside of the put up with a real choice after the race.
At the time of writing, Ballyadam is again odds of seven.00 (6/1) to win the race. Let’s think about the lay odds are 7.60.
We can work out our lay stake through the use of the ‘Risk-Free Bet’ setting on my Matched Betting Calculator. We can enter £10.00 as our ‘Cashback’ determine as our full £10.00 stake might be refunded as money if our horse loses…
As you’ll be able to see, the calculator tells us that our lay stake ought to be £7.92…
Place £10.00 on Ballyadam @ 7.00 = Potential revenue of £60.00
Lay £7.92 on Ballyadam @ 7.60 = Potential legal responsibility of £52.27
Let’s take a look at our potential revenue/loss for the attainable outcomes…
So, as you’ll be able to see, with some good odds we must always be capable of make a assured revenue of £7.50 on this Sky Bet provide!
If eligible, our money refund might be credited inside 24 hours of the race ending.
Don’t miss out on probably the most worthwhile weeks of the matched betting calendar! For a complete checklist of accessible bookmaker gives, please see my Cheltenham Festival 2021 Offers web page.