Get involved with the FA Cup action tonight with this price boost from Paddy Power! They’ve enhanced Derby County and Manchester United both to score from 5/6 to a tasty 6/4. Translated into matched betting terms, this gives us a potential risk-free profit of £5.92 and here’s how…
The maximum stake for this price boost is £20.00.
We can underlay this price boost at Smarkets to make this offer risk-free.
We just need to divide our stake of £20.00 by 0.98 to account for the 2% commission that Smarkets charge on net winnings. This gives us a lay stake of £20.41…
Place £20.00 on Both To Score @ 2.50 = Potential profit of £30.00
Lay £20.41 on Both Teams Score @ 2.18 = Potential liability of £24.08
Let’s have a look at our profit/loss for the two potential outcomes…
Both teams score | +£30.00 – £24.08 = £5.92 profit |
Someone keeps a clean sheet | -£20.00 + £20.00 (£20.41 minus 2% commission) = £0.00 |
So if someone keeps a clean sheet, we break even and there’s no harm done, however, if both teams do score, we will make a nice risk-free profit of £5.92 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.