Did you enjoy day 1 at the Cheltenham Festival? Get ready for more great offers! 

Day 2 kicks off with the Ballymore Novice Hurdle and Skybet are offering Money Back up to £10 if your horse finishes 2nd, 3rd, 4th or 5th in this race.

In a small enough field with a big favourite, this a very good offer. You could make a potential profit of £8.82.

Key Terms;

  • Max refund is £10
  • Qualifying bets must be placed on the Ballymore Novice Hurdle, this race is at 1-30 on Wednesday at Cheltenham
  • Applies to first bet only

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What You Need:

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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:

We need to place a £10 bet on the 1-30 at Cheltenham on Wednesday. Envoi Allen is a big favourite for this race. He’s the Irish banker at the Cheltenham and expected to win, so we’re going to avoid backing him. We want to find something that is highly likely to place, so let’s look at the other options.

The best four horses appear to be Sporting John, The Big Breakaway, The Big Getaway and Longhouse Poet. Sporting John is the best match, currently 4.5 with SkyBet and 5.1 to lay on Betdaq who is offering 0% commission on this race. The Big Breakaway is the next closet match if you feel like Sporting John might win! However for step 1, we place £10 on Sporting John at 4.5 with SkyBet.

Step 2 – Lay off on the exchanges:

Now that we’ve placed our qualifying bet with SkyBet, we need to lay off on the exchanges. For this example, we’ve opted for Sporting John so we’re going to lay on Betdaq. 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 £1.18. You need to lay Sporting John for £8.82 at odds of 5.1 on Betdaq. Now after that’s done, let’s look at our outcomes…

Outcome Bookmaker Exchange Profit & Loss
If Sporting John Wins £35 -£36.16 -£1.16
If Sporting John finishes 2nd, 3rd, 4th or 5th Cashback £8.82 £8.82
If Sporting John doesn’t finish 1st, 2nd, 3rd, 4th or 5th -£10 £8.82 -£1.18

At the time of writing, Sporting John has been matched for very small amounts at around 1.7 to place on Betfair. And this only applies to the first three, including winning obviously. However, this gives you an idea of the amazing value you’re getting with this offer. Effectively you’re getting odds of 8.47 on Sporting John finishing 2nd, 3rd, 4th or 5th.

Looking at how the market and race shapes up, this is a superb position.

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!