We have another great day on ITV Racing on Sunday, and we have two nice offers from Paddy Power and SkyBet at Goodwood.
Paddy Power is offering money back if your horse finishes 2nd, 3rd or 4th in the 2-25pm Goodwood, while SkyBet is offering money back up to £10 if your horse finishes 2nd on the 1-50pm from Goodwood. It’s still a good offer because it’s a small field.
We’re going to give you an example that can be applied to either bookmaker, you just have to change the horse and odds depending on what way you want to play it. You can do both, why not!
Key Terms;
- Max refund is £10, paid as a free bet with Paddy Power and as cash with SkyBet
- Qualifying bets must be placed on the selected races on Sunday the 30th of August
- Applies to first bet only
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What You Need:
- A Paddy Power or SkyBet account
- An exchange account with an available balance big enough to lay back your bets
- You need to be familiar with using the Profit Rush Price Matcher and Bet Calculator.
Not got one? Get your account by clicking here (terms and conditions apply).
That’s all you need to get started, it’s simple! Let’s go through the steps so you can get the most money.
Step 1 – Place our qualifying bet:
Use the Profit Rush Price Matcher and find the closest match. Liquidity will be excellent on Sunday on races live on ITV Racing as we get to the off, but as it’s a Sunday it could be slow to pick up. We’re going to allow for this with our selected odds. It won’t be difficult to get matched given it’s a £10 offer and not £50 or more.
Our target match for this race will be a horse towards the head of the market that isn’t a big favourite. Something which is trading 5.5 or so with Paddy Power or SkyBet, and we’re going to lay 6.0 on Betfair. The third or fourth favourite is usually ideal to place without winning for these type of offers. Remember, we need the selection to finish 2nd, 3rd or 4th rather than win! For the SkyBet offer as it’s a small field, just go with the closest match in the Price Matcher.
For Step 1, we place a £10 bet on our selected horse at 5.5 with Paddy Power.
Step 2 – Lay off on the exchanges:
Now that we’ve placed our qualifying bet with Paddy Power or SkyBet, we need to lay off on the exchanges. We’ve opted for a horse trading 5.5, so we’re going to lay it at 6.0 on Betfair. We put this information into the Profit Rush Bet Calculator. You should see a screen like this:
As you can see, the cost to set up this bet is -£1.00. You need to lay the horse for £9.20 at odds of 6.0 on Betfair. Usually we could find a closer match on English racing and in fairness you probably will however as this is an example to apply to both bookmakers, we thought we’d push the lay price out a little. The set up cost is still £1 which is OK, you could probably do better. Now after that’s done, let’s look at our outcomes…
| Outcome | Bookmaker | Exchange | Profit & Loss |
| If your horse Wins | £45 | -£46 | -£1 |
| If your horse finishes 2nd, 3rd or 4th (or 5th) | Cashback | £9.02 | £9.02 |
| If your horse doesn’t finish 1st, 2nd, 3rd or 4th (or 5th) | -£10 | £9.02 | -£0.98 |
What a brilliant position. You’re effectively getting odds of 10.02 on your selection finishing 2nd, 3rd or 4th! That’s a very nice price and it only costs you -£1! You can see what a profitable offer this is long-term. SkyBet and Paddy Power usually do this offer every weekend so keep an eye out for it.
Not sure about something in this offer? Click here to ask us on the community forum now.
Did you find this article helpful?
Check the Profit Rush Daily Calendar for more and come back tomorrow for another daily offer!
