There’s another big day of racing at Newmarket on Saturday and you don’t want to miss this free bet offer from Paddy Power! They’re giving all customers a £2.00 free bet to use on each of the first five races! Translated into matched betting terms, this gives us a guaranteed profit of £8.00 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 before each race to claim our free bet.
- Offer applies from 17:00 on Friday 5th June 2020.
- Free bets will be available for the 13:15, 13:50, 14:25, 15:00 and 15:35 at Newmarket on Saturday 6th June 2020.
Free Bet:
By using straightforward matched betting, we should be able to extract £8.00 cash (80%) from our £10.00 in free bets. 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 each free bet on. Having looked at the odds available for the 13:15 at Newmarket (first race), we could place our free bet on Makanah (11/1).
We can calculate our lay stakes using my matched betting calculator.
Aim to extract £1.60 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 |
|---|---|---|---|
| Makanah wins | +£22.00 | -£20.40 | £1.60 profit |
| Makanah doesn’t win | -£2.00 free bet | +£1.60 | £1.60 profit |
So, with five free bets up for grabs, we’ll should make an overall guaranteed profit of £8.00 on this Paddy Power offer!
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £100,000 worth of profit, and made it my mission to make matched betting accessible to everyone.