It’s Chelsea v Man Utd in the Premier League on Monday night and you don’t want to miss this Money Back Special from Paddy Power. Simply place a bet on any market and if Chelsea 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 £8.85 and here’s how…
Key Terms:
- Qualifying bets must be placed between 17:00 on Thursday 13th February 2020 and 20:00 (kick-off) on Monday 17th February 2020.
- This offer applies to all Chelsea v Man Utd markets.
- If our first bet loses and Chelsea 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 Man Utd (10/3) in the Match Odds market as that will also qualify us for Paddy Power’s 2UP – You Win offer. If Man Utd are winning by two goals at any stage in the match, Paddy Power will pay our bet out in full, even if they go on to draw or lose the game.
We can calculate our lay stakes using my matched betting calculator.
Aim to lose no more than £1.15 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 |
|---|---|---|---|---|
| Man Utd win | +£33.33 | -£34.48 | £1.15 loss | |
| Chelsea win | -£10.00 | +£8.85 | +£10.00 | £8.85 profit |
| Draw | -£10.00 | +£8.85 | £1.15 loss |
So, we’ll make a nice profit of £8.85 if Chelsea win the match and we stand to lose around £1.15 on any other outcome. Risking £1.15 to make a profit of £8.85, gives us effective odds of 8.70. So, given that Chelsea are odds of just 1.80 (4/5) to win the match, this is a profitable offer in the long run.
If eligible, our cash bonus will be credited by 12:00 on Tuesday 18th February 2020.
* Man Utd won the match 2-0, resulting in a loss of £1.15 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.