Royal Ascot 2020 Offer (Day 1) – Paddy Power

Guaranteed Profit
Actual Profit

It’s Day 1 of Royal Ascot 2020 on Tuesday and you don’t want to miss this Paddy Power free bet offer! They’re giving all customers a £5.00 free bet to use on the 13:50 at Royal Ascot! Translated into matched betting terms, this gives us a guaranteed profit of £3.75 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 to claim the free bet.
  • Offer applies from 17:00 on Friday 12th June 2020.
  • Free bet will be available to use on the 13:50 at Royal Ascot on Tuesday 16th June 2020.

Free Bet:

By using straightforward matched betting, we should be able to extract around £4.00 cash (80%) from our £5.00 free bet. 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 your free bet on.

Having looked at the odds available, we could place our free bet on Fox Chairman (15/2).

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

Paddy Power logo

Aim to extract around £4.00 cash from our free bet


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

Outcome Bookie Exchange Profit/Loss
Fox Chairman wins +£37.50 -£33.75 £3.75 profit
Fox Chairman doesn’t win -£5.00 free bet +£3.75 £3.75 profit

So, no matter who wins the race, we’ll make a guaranteed profit of £3.75 on this Paddy Power offer!

* Fox Chairman failed to win the race, resulting in a profit of £3.75 on this Paddy Power offer. *

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £50,000 worth of profit, and made it my mission to make matched betting accessible to everyone.