Get involved with the Premier League action this afternoon with this price boost from Paddy Power! They’ve enhanced Chelsea, Man City and Leicester City all to win from 4/1 to a tasty 11/2. Translated into matched betting terms, this gives us a potential risk-free profit of £8.96 and here’s how…
The maximum stake for this price boost is £20.00.
We can underlay this treble on the Betfair Exchange to make this offer risk-free.
You can find the accumulator markets via the following link trail Betfair Exchange > Football > Barclays Premier League > Sat 16 Jan > 15:00 Acca Saturday 16 January Premier League.
We just need to divide our stake of £20.00 by 0.95 to account for the 5% commission that Betfair charge on net winnings. This gives us a lay stake of £21.05…
Place £20.00 on Chelsea, Man City & Leicester @ 6.50 = Potential profit of £110.00
Lay £21.05 on Chelsea, Man City & Leicester @ 5.80 = Potential liability of £101.04
Let’s have a look at our profit/loss for the two potential outcomes…
| Treble wins | +£110.00 – £101.04 = £8.96 profit |
| Treble doesn’t win | -£20.00 + £20.00 (£21.05 minus 5% commission) = £0.00 |
So if our enhanced treble doesn’t win, we break even and there’s no harm done, however, if it does win, we will make a nice risk-free profit of £8.96 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.