It’s Wolves v Liverpool in the FA Cup 3rd Round on Monday night and you don’t want to miss this Money Back Special from Paddy Power. Simply place a bet on selected markets and if Liverpool beat Wolves, Paddy Power will refund all losing bets as a free bet, up to a maximum of £10.00. Translated into matched betting terms, this gives us a potential profit of £6.00 and here’s how…
- Qualifying bets must be placed between 17:00 on Thursday 3rd January 2019 and 19:45 (kick-off) on Monday 7th January 2019.
- The eligible markets are First/Last/Anytime Goalscorer, Correct Score and WhatOddsPaddy.
- If our first bet loses and Liverpool win the match, Paddy Power will refund our stake as a free bet, up to £10.00.
If you’re unsure about how to place qualifying bets, check out my Qualifying Bet Strategy page for a walk-through guide on how they should be done.
It’s entirely up to you what you place your qualifying bet on. Our best option is likely to be the Correct Score market. Ideally, we should select a scoreline that doesn’t see Liverpool win the match, but it depends on the odds that are available.
Having looked at the odds available, we could place our qualifying bet on 2-0 Liverpool (8/1).
We can calculate our lay stakes using my matched betting calculator.
Let’s have a look at our potential profit/loss for the possible outcomes…
|2-0 Liverpool||+£80.00||-£82.00||£2.00 loss|
|Not 2-0 Liverpool and Liverpool win||-£10.00||+£8.00||+£8.00||£6.00 profit|
|Not 2-0 Liverpool and Liverpool don't win||-£10.00||+£8.00||£2.00 loss|
So, we’ll make a nice profit of £6.00 if Liverpool win by any scoreline other than 2-0 and we stand to lose around £2.00 on any other outcome. Risking £2.00 to make a profit of £6.00, gives us effective odds of 4.00. So, given that Liverpool are odds of just 1.80 (4/5) to win the match, this is a profitable offer in the long run, even though we need Liverpool to not win 2-0.
If eligible, free bets will be credited within two hours of the match ending and will be valid for 7 days on football markets.
If you’re unsure how to extract £8.00 cash (80%) from the £10.00 free bet, check out my Free Bet Strategy page for a walk-through guide on how it should be done.
* Wolves won the match 2-1, resulting in a loss of £2.00 on this Paddy Power offer. *
Click here to take advantage of this Paddy Power offer