Paddy Power Free Bet Offer – Man City v Man Utd

Another fantastic Paddy Power free bet offer.  Simply back Manchester City or Manchester United to win the derby and if the match is drawn, Paddy Power will refund bets as a free bet up to a maximum of £50.00.  Translated into matched betting terms, this gives us a minimum profit of £7.72 and here’s how…

Qualifying Bet:

If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walkthrough guide on how to place your qualifying bets.

It’s entirely up to you whether you back or City or United but having looked at the odds available, I’ve opted for a City win.

paddypower

Place £50.00 on Man City @ 2.00 = Potential profit of £50.00

betfair

Lay £50.25 on Man City @ 2.04 = Potential liability of £52.26

Let’s have a look at our current potential profit/loss for the following outcomes…

Man City win +£50.00 – £52.26 = £2.26 loss
Draw -£50.00 + £47.74 + £40.00 (extract 80% from our £50.00 free bet) = £37.74 profit
Man Utd win -£50.00 + £47.74 = £2.26 loss

So as things stand we will make £37.74 profit if the match is drawn and lose £2.26 on any other result.  It’s not too often that we’re able to do this, but by laying the draw at Betfair, we are able to guarantee a decent profit on any of three outcomes…

betfair

Lay £10.50 on the draw @ 3.85 = Potential liability of £29.93

Let’s have a look at our resulting potential profit/loss for the following outcomes…

Man City win -£2.26 + £9.98 = £7.72 profit
Draw £37.74 – £29.93 = £7.81 profit
Man Utd win -£2.26 + £9.98 = £7.72 profit

So regardless of the result of the match, we will make a minimum profit of £7.72!  If you’re not sure how to extract 80% of the £50.00 free bet refund, please see my Free Bet Strategy page for a walkthrough guide on how it should be done.

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £70,000 worth of profit, and made it my mission to make matched betting accessible to everyone.