£4.05
Guaranteed Profit
£4.05
Actual Profit

Free Bet Offer (13:20 Ascot) – Paddy Power


Posted by Matt (administrator) Matt
Start Time: 17/10/2020 13:20

There’s a big day of racing at Ascot on Saturday and you don’t want to miss this Paddy Power free bet offer! They’re giving all customers a £5.00 free bet to use on the 13:20 at Ascot! Translated into matched betting terms, this gives us a guaranteed profit of £4.05 and here’s how…

Key Terms:

  • This offer is available to new and existing Paddy Power customers.
  • We must opt in via the promo banner on the Paddy Power homepage to claim the free bet.
  • Offer applies from 14:00 on Thursday 15th October 2020.
  • Free bet will be available to use on the 13:20 at Ascot on Saturday 17th October 2020.

Free Bet:

Using straightforward matched betting, we can convert our £5.00 free bet into around 80% cash, so £4.00. If you’re unsure how to do this, please see my Free Bets Guide for a walkthrough of how it should be done.

It’s entirely up to you which horse you place your free bet on.

Having looked at the odds available, we could place our free bet on Broome (12/1).

We can calculate our lay stakes using my Matched Betting Calculator.

Paddy Power logo

Aim to convert free bet into around £4.00 cash

Outcomes:

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

Outcome Bookie Exchange Profit/Loss
Broome wins + £60.00 – £55.89 £4.11 profit
Broome doesn't win – Free bet + £4.05 £4.05 profit

So, no matter who wins the race, we’ll make a guaranteed profit of £4.05 on this Paddy Power offer!

* Broome failed to win the race, resulting in a profit of £4.05 on this Paddy Power offer. *

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