It’s Dortmund v Schalke in the German Bundesliga on Saturday and you don’t want to miss this Money Back Special from Paddy Power. Simply place a bet on any market and if Dortmund 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 £8.40 and here’s how…
Key Terms:
- Qualifying bets must be placed between 17:00 on Tuesday 12th May 2020 and 14:30 (kick-off) on Saturday 16th May 2020.
- This offer applies to all Dortmund v Schalke markets.
- If our first bet loses and Dortmund 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 Schalke (5/1) in the Match Odds market as that will also qualify us for Paddy Power’s 2UP offer. If Schalke go two goals up at any point in the match, Paddy Power will pay our bet out 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 £1.60 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 |
|---|---|---|---|---|
| Schalke win | +£50.00 | -£51.60 | £1.60 loss | |
| Dortmund win | -£10.00 | +£8.40 | +£10.00 | £8.40 profit |
| Draw | -£10.00 | +£8.40 | £1.60 loss |
So, we’ll make a nice profit of £8.40 if Dortmund win the match and we stand to lose around £1.60 on any other outcome. Risking £1.60 to make a profit of £8.40, gives us effective odds of 6.25. So, given that Dortmund are odds of just 1.444 (4/9) 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 Sunday 17th May 2020.
* Dortmund won the match 4-0, resulting in a profit of £8.40 on this Paddy Power offer. *
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £90,000 worth of profit, and made it my mission to make matched betting accessible to everyone.