It’s England v Germany at Euro 2020 on Tuesday and you don’t want to miss this Paddy Power free bet offer! They’re giving all customers a £5.00 free bet to use on an England v Germany Bet Builder bet! Translated into matched betting terms, this gives us a guaranteed profit of £3.04 and here’s how…
Key terms
- Offer available to new and existing Paddy Power customers.
- Opt in via the promo page after 09:00 on Saturday 26th June 2021 to claim the free bet.
- £5.00 free bet to use on an England v Germany Bet Builder bet (2+ selections).
- Free bet will expire at 17:00 (kick-off) on Tuesday 29th June 2021.
Free bet
It’s entirely up to you how you play this offer.
We could take a speculative approach and not lay our Bet Builder bet. If our free bet loses, we simply break even and there’s no harm done.
Our other option is to convert our free bet into cash by laying it at a betting exchange.
So, looking at the Bet Builder selections available, we could place our free bet on Germany to win / Both teams to Score? – No at back odds of 4.66. The lay odds are currently 5.90.
We can calculate our lay stake using my Matched Betting Calculator.
As you can see, the calculator tells us that our lay stake should be £3.11…
Place £5.00 free bet on ‘Germany to win / Both teams to Score? – No’ @ 4.66 = Potential profit of £18.30
Lay £3.11 on ‘Germany / No’ @ 5.90 = Potential liability of £15.23
Outcomes
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Paddy Power | Exchange | Profit/Loss |
|---|---|---|---|
| Germany win to nil | + £18.30 | – £15.23 | £3.07 profit |
| Any other outcome | – Free Bet | + £3.04 | £3.04 profit |
So, no matter the outcome, we’ll make a guaranteed profit of £3.04 on this Paddy Power offer!
* England won the match 2-0, resulting in a profit of £3.04 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.