I know it’s a long shot guys but I couldn’t resist this Paddy Power free bet offer. Simply back Phil Taylor or Raymond van Barneveld to win the match and if the match is won with a 100+ checkout, Paddy Power will refund losing bets as a free bet up to a maximum of £100.00. Translated into matched betting terms, this gives us a potential profit of £82.18 and here’s how…
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 Phil Taylor or Raymond van Barneveld but I just got some great odds on Taylor!
Place £100.00 on Taylor @ 1.28 = Potential profit of £28.00
Lay £107.56 on Taylor @ 1.24 = Potential liability of £25.81
Let’s have a look at our current potential profit/loss for the following outcomes…
|Taylor wins||+£28.00 – £25.81 = £2.19 profit|
|Van Barneveld wins by throwing 100+ checkout||-£100.00 + £102.18 + £80.00 (extract 80% from our £100.00 free bet) = £82.18 profit|
|Van Barneveld wins but doesn't throw a winning 100+ checkout||-£100.00 + £102.18 = £2.18 profit|
So regardless of the outcome of the match, we will make a minimum guaranteed profit of £2.18! If Van Barneveld does manage to win the match with a 100+ checkout, we will make a massive profit of £82.18! If you’re not sure how to extract 80% of the £100.00 free bet refund, please see my Free Bet Strategy page for a walkthrough guide on how it should be done.