It’s Man City v Real Madrid in the Champions League on Friday 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 £3.57 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 17:00 on Thursday 6th August 2020.
- Free bet will be available to use on Man City v Real Madrid (20:00) on Friday 7th August 2020.
Free Bet:
By using straightforward matched betting, we should be able to extract around £3.75 cash (75%) 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.
Having looked at the odds available, we could place our free bet on The Draw (16/5) 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 | +£16.00 | -£12.41 | £3.59 profit |
| Not a draw | -£5.00 free bet | +£3.57 | £3.57 profit |
So, whatever happens, we’ll make a guaranteed profit of £3.57 on this Paddy Power offer!
* Man City won the match 2-1, resulting in a profit of £3.57 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.