It’s Chelsea v Watford in Saturday’s late kick-off 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 17:00 on Friday 3rd July 2020.
- Free bet will be available to use on Chelsea v Watford (20:00) on Saturday 4th July 2020.
Free Bet:
By using straightforward matched betting, we should be able to extract around £3.75 cash (75%) from our £5.00 free bet. If you’re unsure how to do this, please see my Free Bet Strategy page for a walk-through guide on how it should be done.
Having looked at the odds available, we could place our free bet on Watford (13/2) in the Match Odds market.
We can calculate our lay stakes using my matched betting calculator.
Aim to extract around £3.75 cash from our free bet
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Bookie | Exchange | Profit/Loss |
|---|---|---|---|
| Watford win | +£32.50 | -£28.75 | £3.75 profit |
| Watford don’t win | -£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!
* Chelsea won the match 3-0, resulting in a profit of £3.75 on this Paddy Power offer. *
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £100,000 worth of profit, and made it my mission to make matched betting accessible to everyone.