It’s England v Ireland in the Six Nations on Sunday and you don’t want to miss this Money Back Special from Paddy Power. Simply place a bet on any market and if Ireland win, 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 £7.60 and here’s how…
Key Terms:
- Qualifying bets must be placed between 17:00 on Tuesday 18th February 2020 and 15:00 (kick-off) on Sunday 23rd February 2020.
- This offer applies to all England v Ireland markets.
- If our first bet loses and Ireland win, 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 makes sense to place our qualifying bet on England (2/5) in the Match Odds market as if Ireland win, our qualifying bet will have lost.
We can calculate our lay stakes using my matched betting calculator.
Aim to lose no more than £0.40 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 |
|---|---|---|---|---|
| England win | +£4.00 | -£4.40 | £0.40 loss | |
| Ireland win | -£10.00 | +£9.60 | +£8.00 | £7.60 profit |
| Draw | -£10.00 | +£9.60 | £0.40 loss |
So, we’ll make a nice profit of £7.60 if Ireland win and we stand to lose around £0.40 on any other outcome. Risking £0.40 to make a profit of £7.60, gives us effective odds of 20.00. So, given that Ireland are odds of just 3.25 (9/4) to win the match, this is a profitable offer in the long run.
If eligible, free bets will be credited within 2 hours of the match ending.
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.
* England won the match 24-12, resulting in a loss of £0.40 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.