It’s Chelsea v Man Utd on Monday night for a place in the FA Cup Quarter-Finals and you don’t want to miss this Money Back Special from Paddy Power. Simply place a bet on selected markets and if Chelsea beat Man Utd, Paddy Power will refund all losing bets as a free bet, up to a maximum of £10.00. Translated into matched betting terms, this gives us a potential profit of £6.20 and here’s how…
Key Terms:
- Qualifying bets must be placed between 17:00 on Thursday 14th February 2019 and 19:30 (kick-off) on Monday 18th February 2019.
- The eligible markets are First/Last/Anytime Goalscorer, Correct Score and WhatOddsPaddy.
- If our first bet loses and Chelsea win the match, Paddy Power will refund our stake as a free bet, 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’s entirely up to you what you place your qualifying bet on. Our best option is likely to be the Correct Score market. Ideally, we should select a scoreline that doesn’t see Chelsea win the match, but it depends on the odds that are available.
At the time of writing, the lay odds aren’t quite tight enough, so I’ll use fictional lay odds for a 1-1 draw (11/2) 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.
Aim to lose no more than £1.80 on our qualifying bet
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Bookie | Exchange | Extracted | Profit/Loss |
|---|---|---|---|---|
| 1-1 draw | +£55.00 | -£56.80 | £1.80 loss | |
| Not a 1-1 draw and Chelsea win | -£10.00 | +£8.20 | +£8.00 | £6.20 profit |
| Not a 1-1 draw and Chelsea don’t win | -£10.00 | +£8.20 | £1.80 loss |
So, we’ll make a nice profit of £6.20 if Chelsea win and we stand to lose around £1.80 on any other outcome. Risking £1.80 to make a profit of £6.20, gives us effective odds of 4.44. So, given that Chelsea are odds of just 1.909 (10/11) to win the match, this is a profitable offer in the long run.
If eligible, free bets will be credited within two hours of the match ending and will be valid for 7 days on football markets.
If you’re unsure how to extract £8.00 cash (80%) from the £10.00 free bet, check out my Free Bet Strategy page for a walk-through guide on how it should be done.
* ‘2-2 draw’ was available at back odds of 13.00 and lay odds of 16.00. Man Utd won the match 2-0, resulting in a loss of £2.03 on this Paddy Power offer. *
More reload offers – Make £300+ per month
With detailed walkthroughs for all the best offers as they’re released, you’ll be bagging recurring profits in no time.
More reload offers
Got a question?
Leave me a comment below…
I usually respond within 24 hours.
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.