£7.25
Potential Profit
£7.25
Actual Profit

Money Back Offer (14:25 Newmarket) – Paddy Power


Posted by Matt (administrator) Matt
Start Time: 26/09/2020 14:25

There’s another big day of racing at Newmarket on Saturday and you don’t want to miss this Paddy Power money back offer! Simply place a bet of up to £10.00 on the 14:25 at Newmarket and if our horse finishes 2nd, 3rd or 4th, Paddy Power will refund our stake as a free bet, up to a maximum of £10.00. Translated into matched betting terms, this gives us a potential profit of £7.25 and here’s how…

Key Terms:

  • We must place our bet between 10:00 on Friday 25th September 2020 and 14:25 (race-off) on Saturday 26th September 2020.
  • Offer applies to the win market and the win part of each way bets only.
  • If less than 7 runners take part, this offer will revert to money back if 2nd.
  • If our horse finishes 2nd, 3rd or 4th, Paddy Power will refund our stake as a free bet, up to £10.00.

Qualifying Bet:

If you’d like more information about qualifying bets and how they work, please see my Qualifying Bets Guide.

It’s entirely up to you which horse you go for, but it would make sense to select a horse with fairly short odds in the hope of a 2nd, 3rd or 4th place finish.

Having looked at the odds available, we could place our qualifying bet on Miss Amulet (10/3).

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

Paddy Power logo

Aim to lose no more than £0.75 on our qualifying bet

Outcomes:

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

Outcome Bookie Exchange Free Bet Profit/Loss
Miss Amulet wins +£33.33 -£34.08 £0.75 loss
Miss Amulet finishes 2nd 3rd or 4th -£10.00 +£9.25 +£8.00 £7.25 profit
Miss Amulet finishes outside top 4 -£10.00 +£9.25 £0.75 loss

So, we’ll make a nice profit of £7.25 if Miss Amulet finishes 2nd, 3rd or 4th and we stand to lose £0.75 on any other outcome. Risking £0.75 to make a profit of £7.25 gives us effective odds of 10.67, which I’m sure you’ll agree, makes this a profitable offer in the long run.

If eligible, free bets will be credited within 2 hours of the race ending and will be valid on any horse racing market for 7 days.

If you’re unsure how to convert your £10.00 free bet into £8.00 cash (80%), please see my Free Bets Guide for a walk-through of how it should be done.

* Miss Amulet finished 2nd, resulting in a profit of £7.25 on this Paddy Power offer. *

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