There’s another big day of racing at Doncaster on Friday 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 13:40 at Doncaster! Translated into matched betting terms, this gives us a guaranteed profit of £4.00 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 09:00 on Thursday 10th September 2020.
- Free bet will be available to use on the 13:40 at Doncaster on Friday 11th September 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, check out my Free Bets Guide for a walk-through of how it should be done.
It’s entirely up to you which horse you place your free bet on.
At the time of writing, the lay odds aren’t quite tight enough, so I’ll use fictional lay odds for Apparate (6/1) in the following example and I’ll update the bottom of the post with an actual selection after the race.
We can calculate our lay stakes using my matched betting calculator.
Aim to extract around £4.00 cash from our free bet
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Bookie | Exchange | Profit/Loss |
|---|---|---|---|
| Apparate wins | +£30.00 | -£26.00 | £4.00 profit |
| Apparate doesn’t win | -£5.00 free bet | +£4.00 | £4.00 profit |
So, no matter who wins the race, we’ll make a guaranteed profit of £4.00 on this Paddy Power offer!
* Apparate was available at back odds of 6.00 and lay odds of 6.40. Apparate won the race, resulting in a profit of £3.84 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.