It’s Everton v Liverpool on Sunday night 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 12:00 on Friday 19th June 2020.
- Free bet will be available to use on Everton v Liverpool (19:00) on Sunday 21st June 2020.
Free Bet:
By using straightforward matched betting, we should be able to extract around £4.00 cash (80%) 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.
At the time of writing, the lay odds aren’t quite tight enough, so I’ll use fictional lay odds for Everton (9/2) in the following example and I’ll update the bottom of the post with an actual selection after the match.
We can calculate our lay stakes using my matched betting calculator.
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
Outcome | Bookie | Exchange | Profit/Loss |
---|---|---|---|
Everton win | +£22.50 | -£18.75 | £3.75 profit |
Everton don’t win | -£5.00 free bet | +£3.75 | £3.75 profit |
So, with some decent odds, we should make a guaranteed profit of £3.75 on this Paddy Power offer!
* ‘2-0 Liverpool’ was available at back odds of 7.50 and lay odds of 9.20. The match was drawn 0-0, resulting in a profit of £3.46 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.