What is refund if 2nd to SP favourite?
Refund if 2nd to SP favourite is a horse racing reload offer. The promotion is also referred to as ‘money back if 2nd to SP favourite’.
The bookie offers a free bet if the starting price (SP) favourite wins the race and your horse finishes second.
2nd to SP favourite strategy
You need to back a horse at the bookie that is not likely to be the SP favourite. Then place a matching lay bet at the exchange and hope the offer triggers. Back, lay and hope is the strategy.
I’ve picked out this 7-runner Wetherby race for Quinnbet 2nd to SP favourite offer.
The two key criteria for the Quinnbet offer are:
- We need a race with at least 6 runners.
- Also, the SP favourite must win at odds of 6/4 (2.50) or higher.
Ballyoptic is a perfect odds match: 4.50 to back at Quinnbet and 4.50 to lay at Smarkets.
Ideally, we want to look for races with the following circumstances.
a). A clear favourite: There is an odds on or strong favourite to win the race, plus a clear second favourite. See the Bristol De Mai and Cue Card example below.
b). Close odds match: if you find a qualifying bet within 0.2 gap between back and lay odds, i.e. 5.0/5.2 or similar. This ensures a small qualifying loss.
c). A small field: the race has a field of 8 runner or less. Some bookies require a minimum of 5 or 6 runners for the refund to apply. Please check the terms with each bookie.
A good example of money back if 2nd to SP favourite was the 3.00 Haydock race on 25th November 2017.
This was a 6 runner race.
- Bristol De Mai went off as the SP favourite at odds of 11/10 (2.10).
- Cue Card finished 2nd at SP odds of 2/1 (3.00).
Cue Card was available as a 3.00/3.10 odds match at various bookies, including Paddy Power who offered a refund if 2nd, 3rd or 4th to the SP favourite.
Refund if 2nd to SP favourite can be a useful matched betting offer. A back, lay and hope strategy is optimal bets if qualifying losses are minimised.
It is worth considering 2nd to SP favourite alongside other horse racing reloads like Bet365 4/1 offer.
When completing this offer, check Sportinglife fast results to keep updated with each race.