It’s Huddersfield v Derby in the Championship on Monday night and you don’t want to miss this Money Back Special from Paddy Power. Simply place a bet on selected markets and if a goal is scored, 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 £5.60 and here’s how…
Key Terms:
- Qualifying bets must be placed between 18:00 on Sunday 4th August 2019 and 19:45 (kick-off) on Monday 5th August 2019.
- The eligible markets are First/Last/Anytime Goalscorer, Correct Score and WhatOddsPaddy.
- If our first bet loses and a goal is scored, 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’s entirely up to you what you place your qualifying bet on. Our best option is likely to be the Correct Score market.
Having looked at the odds available, we could place our qualifying bet on 2-1 Derby (11/1).
We can calculate our lay stakes using my matched betting calculator.
Aim to lose no more than £2.40 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 |
|---|---|---|---|---|
| 2-1 Derby | +£110.00 | -£112.40 | £2.40 loss | |
| Not 2-1 Derby and 1+ goals scored | -£10.00 | +£7.60 | +£8.00 | £5.60 profit |
| Not 2-1 Derby and no goals scored | -£10.00 | +£7.60 | £2.40 loss |
So, we’ll make a nice profit of £5.60 if a goal is scored and Derby don’t win 2-1 and we stand to lose around £2.40 on any other outcome. Risking £2.40 to make a profit of £5.60, gives us effective odds of 3.33. So, given that the odds are just 1.05 (1/20) for a goal to be scored, this is a profitable offer in the long run.
If eligible, free bets will be credited within two hours of the match ending. Free bet stakes will not be included in any returns.
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.
* Derby won the match 2-1, resulting in a loss of £2.40 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.