Sky Bet gives away free bets in the ITV Racing First Race Special promotion. It’s a money back special that has various triggers for receiving a free bet refund. Typically the offer gives up to £20 back if your horse finishes 2nd or 3rd in the featured race. However, there are occasions when this can be limited to money back if your horse finished 2nd. Around big meetings such as the Cheltenham Festival and Royal Ascot, Sky Bet may even offer money back if your horse loses, effectively giving a risk-free bet on the race!
In all of it’s guises, the Sky Bet ITV Racing First Race Special is a fantastic offer for matched betting. ITV broadcasts at least one meeting per week and around racing festivals there can be live racing five days a week. This means plenty of opportunities for matched bettors to pick up a free bet. The maximum free bet refund of £20 can be converted into roughly £16 cash with the help and guidance of MatchedBets.com.
Although there is no guarantee of receiving a free bet, money back 2nd is worth around £4 and money back 2nd or 3rd around £5 over repeated play. It’s possible to lock-in a guaranteed profit in the region of £14 when Sky Bet offers money back if your horse loses, making this a much more appealing proposition.
Taking part in the Sky Bet ITV Racing First Race Special is simply a case of placing a bet on the nominated race. If the condition of that particular offer is met (e.g. horse finishes 2nd), you will get your losing stake matched with a free bet, up to a maximum of £20.
Only your first bet on a horse that runs in the nominated race(s) will be deemed eligible. Should your selection be a non-runner and your stake returned, you will be able to choose another horse. The refund applies to Win bets and the Win part of Each-Way bets only. No Price Boosts, Place Only, Faller Insurance, Match Bets, Tote, Pari-Mutuels, Forecasts/Tricasts or Distance bets qualify.
If you qualify for a free bet, it will be added to your account within 24 hours of the respective race finishing. For the avoidance of doubt, the maximum free bet refund is capped at £20. Free bets can be used on any Sky Bet sports betting market and come with an expiry of 3 days. Failure to use your bet in this time will result in it being removed from your account. Any returns from a winning selection will be paid minus the value of the free bet stake.
It’s important to note that customers using Moneybookers or Neteller as a deposit method are not eligible for this offer. We therefore advise topping up your balance with a debit card to take part in the promotion.
Sky Bet ITV Racing First Race Special is an extremely popular matched betting offer. Matchedbets.com explains how to make money from the promotion, with clear and concise instructions for each of the offer’s permutations.