Royal Ascot 2021 gets underway on Tuesday and you don’t want to miss this Paddy Power free bet offer! They’re giving all customers a completely free £5.00 bet to use on the 14:30 Royal Ascot! Translated into matched betting terms, this gives us a guaranteed profit of £3.36 and here’s how…
- Offer available to new and existing Paddy Power customers.
- Opt in via the promo banner on the Paddy Power homepage to claim the free bet.
- Offer applies from 12:00 on Sunday 13th June 2021.
If you’d like more information about free bets and how convert them into cash, please see my free bets guide.
It’s entirely up to you which horse you place your free bet on.
At the time of writing, Lope Y Fernandez is available at back odds of 13.00 (12/1) and lay odds of 17.50.
We can calculate our lay stakes using my Matched Betting Calculator.
As you can see, the calculator tells us that our lay stake should be £3.43…
Place £5.00 free bet on Lope Y Fernandez @ 13.00 = Potential profit of £60.00
Lay £3.43 on Lope Y Fernandez @ 17.50 = Potential liability of £56.59
Let’s have a look at our potential profit/loss for the possible outcomes…
So, no matter the outcome, we’ll make a guaranteed profit of £3.36 on this Paddy Power offer!
* Palace Pier won the race, resulting in a profit of £3.36 on this Paddy Power offer. *
Get this Paddy Power free bet offer