It’s time for another Paddy Power free bet offer. Simply place 5 bets of £5.00 or more on horse racing on any Saturday until March 7th 2015 and Paddy Power will give us a £5.00 free bet to use on the Cheltenham Festival any day we qualify. Translated into matched betting terms, this gives us a guaranteed profit of £18.00 and here’s how…
Qualifying Bets:
The qualifying Saturdays are 31st January 2015, 7th February 2015, 14th February 2015, 21st February 2015, 28th February 2015 and 7th March 2015.
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walkthrough guide on how to place your qualifying bets.
The terms and conditions state that our qualifying bets must be placed at minimum odds of 1.20 (1/5).
Aim to lose no more than £0.20 on each of your five £5.00 qualifying bets.
Free Bet:
Our free bets will be credited on Monday 9th March and must be used on the Cheltenham Festival on Tuesday 10th March 2015. By using straightforward matched betting, we should be able to extract at least 80% of the £5.00 free bet, so approximately £4.00. If we take into consideration our total qualifying loss of £1.00, we should make a guaranteed profit of £3.00 on each free bet. There are 6 qualifying Saturdays, giving us a guaranteed overall profit of £18.00!
If you’re not sure how to extract 80% of each £5.00 free bet, please see my Free Bet Strategy page for a walkthrough guide on how it should be done.
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £90,000 worth of profit, and made it my mission to make matched betting accessible to everyone.