Get involved with the Premier League action tonight with this price boost from Paddy Power! They’ve enhanced Manchester United and Crystal Palace both to win from 7/2 to a tasty 5/1. Translated into matched betting terms, this gives us a potential risk-free profit of £15.80 and here’s how…
The maximum stake for this price boost is £20.00.
We can underlay this double on the Betfair Exchange to make this offer risk-free.
You can find the accumulator markets via the following link trail Betfair Exchange > Football > Barclays Premier League > Tues 12th Jan > 19:45 Acca Tues 12th Jan Premier League.
We just need to divide our stake of £20.00 by 0.95 to account for the 5% commission that Betfair charge on net winnings. This gives us a lay stake of £21.05…
Place £20.00 on Man Utd and Palace @ 6.00 = Potential profit of £100.00
Lay £21.05 on Man Utd and Palace @ 5.00 = Potential liability of £84.20
Let’s have a look at our profit/loss for the two potential outcomes…
Double wins | +£100.00 – £84.20 = £15.80 profit |
Double doesn’t win | -£20.00 + £20.00 (£21.05 minus 5% commission) = £0.00 |
So if our enhanced double doesn’t win, we break even and there’s no harm done, however, if it does win, we will make a nice risk-free profit of £15.80 on this Paddy Power offer.
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £85,000 worth of profit, and made it my mission to make matched betting accessible to everyone.