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…
- 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.
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.
Let’s have a look at our potential profit/loss for the possible outcomes…
|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. *
Get this Paddy Power free bet offer