Paddy Power Offer – Premier League Top Goalscorer 2015/16

The Premier League returns this weekend and we don’t want to miss this Paddy Power offer!  Simply place a £20.00 bet on any player in the Premier League Top Goalscorer market and Paddy Power will give us a £2.00 free bet every time he scores during the season.  Translated into matched betting terms, this gives us a potential profit of £34.71 and here’s how…

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 who you place your qualifying bet on.  Having looked at the odds available, I’ve opted to place my qualifying bet on Sergio Aguero.

I like to place my exchange lay bets with Smarkets as they have great liquidity, the site is really easy to use and they only charge 2% commission in comparison to the 5% charged by other betting exchanges.  We can calculate our lay stake using the matched betting calculator.

paddypower

Place £20.00 on Sergio Aguero @ 4.00 = Potential profit of £60.00

smarkets white

Lay £13.38 on Sergio Aguero @ 6.00 = Potential liability of £66.89

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

Aguero top scores +£60.00 – £66.89 = £6.89 loss
Aguero doesn’t top score -£20.00 + £13.11 = £6.89 loss

So regardless of who finishes top scorer, we will lose £6.89 in qualifying for this offer.

Free Bets:

We will receive a £2.00 free bet for each and every Premier League goal that Sergio Aguero scores during the 2015/16 season. Free bets will be credited on a weekly basis by 12:00 every Monday and will be valid for 7 days.

By using straightforward matched betting, we should be able to extract 80% out of any free bets we receive.  Say for example, Sergio Aguero scores another 26 goals to add to the 26 he scored last season.  We would receive £52.00 worth (26 x £2.00) of free bets,  £41.60 of which would be extracted as cash.  If we take into account our qualifying loss of £6.89, this gives us a potential profit of £34.71!

I’ve only backed one player in this blog post to keep things simple but we are eligible for free bets from any players we back in the top goal scorer market up to a maximum of £10.00 per week (so 5 x £2.00), meaning we can back multiple players if we so wish!

* Aguero scored 24 goals in the 2015/16 Premier League season. I therefore made a profit of £31.51 on this Paddy Power offer. *

Got a question?
Leave me a comment below…

I usually respond within 24 hours.

Matt Kirman - Matched Betting Blogger

Matt KirmanMatched 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.