There’s a big day of racing at Hereford on Wednesday and you don’t want to miss this Power Up offer from Paddy Power. Simply bet £10.00 or more on the 12:35 at Hereford at odds of 1.50 (1/2) or greater and Paddy Power will give us a Power Up to use on any sport. Translated into matched betting terms, this gives us a guaranteed profit of £8.40 and here’s how…
Key Terms:
- Minimum stake of £10.00.
- Qualifying bet must be placed at odds of 1.50 (1/2) or greater.
- Qualifying bets must be placed between 17:00 on Tuesday 27th November 2018 and 12:35 (race-off) on Wednesday 28th November 2018.
- Maximum stake for the Power Up is £100.00.
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 what you place your qualifying bet on. Having looked at the odds available, we could place our qualifying bet on Soulsaver (8/1).
We can calculate our lay stakes using my matched betting calculator.
Aim to lose no more than £1.60 on our qualifying bet
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Bookie | Exchange | Profit/Loss |
|---|---|---|---|
| Soulsaver wins | +£80.00 | -£81.60 | £1.60 loss |
| Soulsaver doesn’t win | -£10.00 | +£8.40 | £1.60 loss |
So, regardless of the outcome, we stand to lose £1.60 in qualifying for our Power Up.
Power Up
Our Power Up will be credited within 2 hours of the race ending. The maximum stake when using the Power Up is £100.00.
We just need to find some close back and lay odds and select the Power Up once our selection has been added to our betslip.
The boosted odds should give us an arb and hopefully a nice profit of around £10.00. If we take our qualifying loss of £1.60 into account, this gives us a guaranteed profit of £8.40 on this Paddy Power offer.
* Soulsaver didn’t win the race, resulting in a profit of £8.40 on this Paddy Power offer. *
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Matt Kirman – Matched 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.