£7.35
Potential Profit
£4.35
Actual Profit

Money Back Special (14:10 Downpatrick) – Paddy Power


Posted by Matt (administrator) Matt
Start Time: 22/03/2020 14:10

There’s a big day of racing at Downpatrick on Sunday and you don’t want to miss this Money Back Special from Paddy Power! Simply place a bet of up to £10.00 on the 14:10 at Downpatrick 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 £7.35 and here’s how…

Key Terms:

  • We must place our bet between 10:00 on Friday 20th March 2020 and 14:10 (race-off) on Sunday 22nd March 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’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 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 The Very Man (7/4).

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

Paddy Power logo

Aim to lose no more than £0.65 on our qualifying bet

Outcomes:

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

OutcomeBookieExchangeExtractedProfit/Loss
The Very Man wins+£17.50-£18.15£0.65 loss
The Very Man finishes 2nd 3rd or 4th-£10.00+£9.35+£8.00£7.35 profit
The Very Man finishes outside top 4-£10.00+£9.35£0.65 loss

So, we’ll make a nice profit of £7.35 if The Very Man finishes 2nd, 3rd or 4th and we stand to lose £0.65 on any other outcome. Risking £0.65 to make a profit of £7.35 gives us effective odds of 12.31, 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 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.

* The Very Man won the race at starting price (SP) odds of 3.25 (9/4), resulting in a profit of £4.35, courtesy of Paddy Power’s Best Odds Guaranteed promotion. *

Comments


  1. Steve55

    Guest user

    Nice little profit of £5 + from BOG…cheers Paddy:)

    +0
    Reply
    1. Matt

      256

      Can’t beat a BOG boost!

      +0
      Reply

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