£3.72
Guaranteed Profit
£3.72
Actual Profit

Goodwood Festival 2020 Offer (Day 1) – Paddy Power


Posted by Matt (administrator) Matt
Start Time: 28/07/2020 14:15

It’s Day 1 of Goodwood Festival 2020 on Tuesday 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 14:15 at Goodwood! Translated into matched betting terms, this gives us a guaranteed profit of £3.72 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 16:00 on Sunday 26th July 2020.
  • Free bet will be available to use on the 14:15 at Goodwood on Tuesday 28th July 2020.

Free Bet:

By using straightforward matched betting, we should be able to extract around £4.00 cash (80%) from our £5.00 free bet. If you’re unsure how to do this, please see my Free Bet Strategy page for a walk-through guide on 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 bet on Devious Company (5/1).

We can calculate our lay stakes using my matched betting calculator.

Paddy Power logo

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…

OutcomeBookieExchangeProfit/Loss
Devious Company wins+£25.00-£21.28£3.72 profit
Devious Company doesn't win-£5.00 free bet+£3.72£3.72 profit

So, no matter who wins the race, we’ll make a guaranteed profit of £3.72 on this Paddy Power offer!

* Devious Company failed to win the race, resulting in a profit of £3.72 on this Paddy Power offer. *

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