Paddy Power – Money Back Offer (13:15 Ayr)

There’s a big day of racing at Ayr on Saturday, and you don’t want to miss this Paddy Power money back offer! Place a bet of up to £10.00 on the 13:15 Ayr, and get your money back as a free bet if your horse finishes 2nd, 3rd or 4th. Translated into matched betting terms, this gives us a potential profit of £6.87 and here’s how…

Key terms

  • We must place our bet between 07:00 on Friday 1st April 2022 and 13:15 (race-off) on Saturday 2nd April 2022.
  • Offer applies to the win market and the win part of each way bets only.
  • If less than 6 runners participate, this offer will revert to money back if 2nd or 3rd.
  • If our horse finishes 2nd, 3rd or 4th, Paddy Power will refund our stake as a free bet, up to £10.00.

Qualifying bet

Please see my qualifying bets guide if you’d like more information about them and how they work.

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

At the time of writing, Gold Des Boix is available at back odds of 8.50 (15/2) and lay odds of 9.40.

We can calculate our lay stakes using my Matched Betting Calculator

Select bet type

Back Bet (Bookie)

Advanced
%

Lay Bet (Betting Exchange)

%
Min £
Max £
Lay stake required: £
Bookie
Exchange
Cashback
Total
If back (bookie) bet wins
£
£
£
= £
If lay (exchange) bet wins
£
£
£
= £
Total profit: £

As you can see, the calculator tells us that our lay stake should be £9.06…

Place £10.00 on Gold Des Bois @ 8.50 = Potential profit of £75.00

Lay £9.06 on Gold Des Bois @ 9.40 = Potential liability of £76.10

Outcomes

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

OutcomePaddy PowerExchangeFree BetProfit/Loss
Gold Des Bois wins+ £75.00– £76.10£1.10 loss
Gold Des Bois finishes
2nd, 3rd or 4th
– £10.00+ £8.87+ £8.00£6.87 profit
Any other outcome– £10.00+ £8.87£1.13 loss

As you can see, we’ll make a nice profit of £6.87 if Gold Des Bois finishes 2nd, 3rd or 4th. We’ll lose a maximum of £1.13 on any other outcome. Risking £1.13 to make a potential profit of £6.87 gives us effective odds of 7.08, 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 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 walkthrough.

* Gold Des Bois finished 3rd, resulting in a £6.87 profit on this Paddy Power offer. *

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £70,000 worth of profit, and made it my mission to make matched betting accessible to everyone.