£3.75
Guaranteed Profit
£3.50
Actual Profit

Chelsea v Liverpool Offer – Paddy Power


Posted by Matt (administrator) Matt
Start Time: 20/09/2020 16:30

It’s Chelsea v Liverpool in the Premier League on Sunday and you don’t want to miss this free bet offer from Paddy Power! They’re giving all customers a £5.00 free bet to use on the big match! Translated into matched betting terms, this gives us a guaranteed profit of £3.75 and here’s how…

Key Terms:

  • This offer is available to new and existing Paddy Power customers.
  • We must opt in via the promo banner on the Paddy Power homepage to claim the free bet.
  • Offer applies from 09:00 on Thursday 17th September 2020.
  • Free bet will be available to use on Chelsea v Liverpool (16:30) on Sunday 20th September 2020.

Free Bet:

Using straightforward matched betting, we should be able to convert our £5.00 free bet into 75% cash, so £3.75.

At the time of writing, the lay odds aren’t quite tight enough, so I’ll use fictional lay odds for 2-1 Liverpool (15/2) in the following example and I’ll update the bottom of the post with an actual selection after the match.

We can calculate our lay stakes using my Matched Betting Calculator.

Paddy Power logo

Aim to convert your free bet into £3.75 cash

Outcomes:

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

Outcome Bookie Exchange Profit/Loss
2-1 Liverpool +£37.50 -£33.75 £3.75 profit
Not 2-1 Liverpool -£5.00 free bet +£3.75 £3.75 profit

So, whatever happens, we’ll make a guaranteed profit of £3.75 on this Paddy Power offer!

* ‘2-1 Liverpool’ was available at back odds of 8.50 and lay odds of 10.50. Liverpool won the match 2-0, resulting in a profit of £3.50 on this Paddy Power offer. *

Post a comment


Your email address will not be published. Required fields are marked *