Money Back Special (15:45 Ascot) – Paddy Power

There’s a big day of racing at Ascot today and you don’t want to miss this Money Back Special from Paddy Power! If Invincible Army wins the 15:45 at Ascot, Paddy Power will refund all losing bets as a free bet, up to a maximum of £10.00. Translated into matched betting terms, this gives us a potential profit of £7.30 and here’s how…

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.

Qualifying bets must be placed pre-race to be eligible.

For our qualifying bet, we need to back and lay any horse other than Invincible Army. Having looked at the odds available, we could place our qualifying bet on Sound And Silence (5/1).

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

Outcomes:

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

So, if Invincible Army wins, we’ll make a nice profit of £7.30. Any other outcome and we’ll lose £0.20. Risking £0.20 to make a profit of £7.30, gives us effective odds of 37.50. So, given that Invincible Army is odds of just 2.50 (6/4) to win the race, this is 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 horse racing for 7 days.

If you’re unsure how to extract 75% of our £10.00 free bet, check out my Free Bet Strategy page for a walk-through guide on how it should be done.

* Invincible Army won the race, resulting in a profit of £7.30 on this Paddy Power offer. *