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you aint getting that money back in that time.
A refund can take days, or just a few hours. Also, during the sale, there are more refund requests (and requests in general) which makes the response times longer. Even if the refund is approved, it will take some time for the money to show up bank in your bank account or wallet.
What says "available within 24 hours"? Has the refund been approved? If yes, and the refund to wallet is pending within 24 hours, you might be in time to spend it before the end of the sale. Personally, I wouldn't want to cut it so close and would buy whatever I wanted to with another payment method.