It’s Leicester v Chelsea in the FA Cup Sixth Round on Sunday and you don’t want to miss this Paddy Power money back offer. Simply place a bet on any market and if Chelsea win in 90 minutes, 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 £8.75 and here’s how…
Key Terms:
- Qualifying bets must be placed between 12:00 on Friday 26th June 2020 and 16:00 (kick-off) on Sunday 28th June 2020.
- This offer applies to all Leicester v Chelsea markets.
- If our first bet loses and Chelsea win in 90 minutes, 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 something that doesn’t see Chelsea winning the match in 90 minutes. Having looked at the odds available, we could place our qualifying bet on Leicester (9/5) in the Match Odds market.
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 | Cashback | Profit/Loss |
---|---|---|---|---|
Leicester win | +£18.00 | -£19.25 | £1.25 loss | |
Chelsea win | -£10.00 | +£8.75 | +£10.00 | £8.75 profit |
Draw | -£10.00 | +£8.75 | £1.25 loss |
So, we’ll make a nice profit of £8.75 if Chelsea win the match and we stand to lose around £1.25 on any other outcome. Risking £1.25 to make a profit of £8.75, gives us effective odds of 8.00. So, given that Chelsea are odds of just 2.40 (7/5) to win the match, this is a profitable offer in the long run.
If eligible, our cash bonus will be credited within 3 hours of the final whistle.
* Chelsea won the match 1-0, resulting in a profit of £8.75 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.