It’s Bournemouth v Crystal Palace in Saturday’s late kick-off and you don’t want to miss this Paddy Power money back offer. Simply place a bet on any market and if Bournemouth win, Paddy Power will refund all losing bets as cash, up to a maximum of £10.00. Translated into matched betting terms, this gives us a potential profit of £9.25 and here’s how…
Key Terms:
- Qualifying bets must be placed between 16:30 on Tuesday 16th June 2020 and 19:45 (kick-off) on Saturday 20th June 2020.
- This offer applies to all Bournemouth v Crystal Palace markets.
- If our first bet loses and Bournemouth win, Paddy Power will refund our stake as cash, up to £10.00.
Qualifying Bet:
If you’re unsure about how to place qualifying bets, check out my Qualifying Bet Strategy page for a walk-through guide on how they should be done.
It makes sense to place our qualifying bet on Crystal Palace (2/1) in the Match Odds market as that will also qualify us for Paddy Power’s 2UP offer. If Crystal Palace go two goals up at any point in the match, Paddy Power will pay our bet out early as a winner, regardless of the final result. Early payout offers are well worth looking into if you haven’t already!
We can calculate our lay stakes using my matched betting calculator.
Aim to lose no more than £0.75 on our qualifying bet
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Bookie | Exchange | Cashback | Profit/Loss |
|---|---|---|---|---|
| Crystal Palace win | +£20.00 | -£20.75 | £0.75 loss | |
| Bournemouth win | -£10.00 | +£9.25 | +£10.00 | £9.25 profit |
| Draw | -£10.00 | +£9.25 | £0.75 loss |
So, we’ll make a nice profit of £9.25 if Bournemouth win the match and we stand to lose around £0.75 on any other outcome. Risking £0.75 to make a profit of £9.25, gives us effective odds of 13.33. So, given that Bournemouth are odds of just 2.40 (7/5) to win the match, this is a profitable offer in the long run.
If eligible, our cash bonus will be credited within 3 hours of the final whistle.
* Crystal Palace won the match 2-0, resulting in a loss of £0.75 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.