It’s Liverpool v Leeds in the Premier League on Saturday 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 £3.60 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 09:00 on Thursday 10th September 2020.
- Free bet will be available to use on Liverpool v Leeds (17:30) on Saturday 12th September 2020.
Free Bet:
Using straightforward matched betting, we can convert our £5.00 free bet into around 75% cash, so £3.75. If you’re unsure how to do this, check out my Free Bets Guide for a walk-through of how it should be done.
Having looked at the odds available, we could place our free bet on The Draw (5/1) in the Match Odds market.
We can calculate our lay stakes using my matched betting calculator.
Aim to extract around £3.75 cash from our free bet
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Bookie | Exchange | Profit/Loss |
|---|---|---|---|
| Draw | +£25.00 | -£21.40 | £3.60 profit |
| Not a draw | -£5.00 free bet | +£3.61 | £3.61 profit |
So, whatever happens, we’ll make a guaranteed profit of £3.60 on this Paddy Power offer!
* Liverpool won the match 4-3, resulting in a profit of £3.61 on this Paddy Power offer. *
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £100,000 worth of profit, and made it my mission to make matched betting accessible to everyone.