£6.70
Guaranteed Profit
£6.70
Actual Profit

Paddy Power Offer – Ireland v Scotland


Posted by Matt (administrator) Matt
Start Time: 13/06/2015 17:00

It’s time for another fantastic Paddy Power offer!  Simply place a single bet of £20.00 or more pre-match on Ireland v Scotland and Paddy Power will give us £10.00 in free bets to be used in-play.  Translated into matched betting terms, this gives us a guaranteed profit of £6.70 and here’s how…

Paddy Power - Ireland v Scotland

Qualifying Bet:

If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walkthrough guide on how to place your qualifying bets.

It’s entirely up to you what you place your qualifying bet on, as long as you place it at the minimum odds of 1.50 (1/2) or above.  Having looked at the odds available, I’ve opted to place my qualifying bet on a draw and we can calculate our lay stake by using the matched betting calculator.

paddypower

Place £20.00 on a draw @ 3.10 = Potential profit of £42.00

betfair

Lay £19.68 on a draw @ 3.20 = Potential liability of £43.30

Let’s have a look at our potential profit/loss for the following outcomes…

 

Draw+£42.00 – £43.30 = £1.30 loss
Not a draw-£20.00 + £18.70 = £1.30 loss

 

So regardless of the result of the match, we will lose £1.30 in qualifying for our 2 x £5.00 in-play free bets.

Free Bet:

It’s impossible to know what odds will be available until the match has kicked off but by using straightforward matched betting, we should be able to extract 80% out of the 2 x £5.00 free bets as cash, so £8.00.  If we take into account our qualifying loss of £1.30, this gives us a guaranteed profit of £6.70!

My advice is to wait until half-time to place your free bet and then lay it at the betting exchange.  This is simply because the odds don’t fluctuate as much as when the game is live.  There’s nothing worse than placing your free bet on a market and then something happens in the game that changes the odds before you have chance to get your lay bet on!  I tend to look at the correct score markets first and then if I can’t find anything suitable I move onto goal scorer markets.

If you’re not sure how to extract 80% of the 2 x £5.00 in-play free bets, please see my Free Bet Strategy page for a walkthrough guide on how it should be done.

Comments


  1. chriso

    Guest user

    I got the qualifier for this one on last night by matching Ireland Win at Paddy Power @2.37 against Scotland Asian Handicap +0.5 at @ 1.68, giving a loss of about 80p. Don’t know what the odds are now. The advantage of this is that 188bet has a “bore-draw” refund offer on the Euro qualfiers (one match only) so, if it ends up 0-0, I get a nice little bonus. I could have actually laid 0-0 correct score at the time for a (small) guaranteed profit but I didn’t bother.

    +0
    Reply
    1. Matt

      294

      Nicely thought out mate.

      +0
      Reply
      1. chriso

        Guest user

        One thing to bear in mind if you ever use Asian Handicap bets with these 188bet offers as the “lay” side of a matched bet is that their bonuses are invariably account credits – effectively SR rather than SNR free bets, so worth more.

        +0
        Reply

Post a comment


Your email address will not be published. Required fields are marked *