It’s Man City v Liverpool in the Premier League on Sunday 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 £3.37 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 06:00 on Thursday 5th November 2020.
- Free bet will be available to use on Man City v Liverpool (16:30) on Sunday 8th November 2020.
Free Bet:
Using straightforward matched betting, we should be able to convert our £5.00 free bet into around 70% cash, so £3.50.
Having looked at the odds available, 1-0 Man City is available in the Correct Score market at back odds of 12.00 (11/1) and lay odds of 16.00.
We can calculate our lay stakes using my Matched Betting Calculator.
Aim to convert your free bet into around £3.50 cash
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Bookie | Exchange | Profit/Loss |
|---|---|---|---|
| 1-0 Man City | + £55.00 | – £51.60 | £3.40 profit |
| Not 1-0 Man City | – Free bet | + £3.37 | £3.37 profit |
So, no matter the outcome, we’ll make a guaranteed profit of £3.37 on this Paddy Power offer!
* The match was drawn 1-1, resulting in a profit of £3.37 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.