It’s the Stayers’ Hurdle on Thursday and you don’t want to miss this Paddy Power free bet offer! Opt in via the promo banner on the Paddy Power homepage and claim a £5.00 free bet to use on the 15:30 at Cheltenham. Translated into matched betting terms, this gives us a guaranteed profit of £4.36 and here’s how…
Key Terms:
- Opt in via the promo banner on the Paddy Power homepage to claim the £5.00 free bet.
- Offer applies from 13:30 on Wednesday 11th March 2020.
- £5.00 free bet must be used on the Stayers’ Hurdle (15:30) on Thursday 12th March 2020.
Free Bet:
If you’re unfamiliar with extracting cash from free bets, 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 go for, but we’ll need to select a horse with long odds in order to maximise our profit.
Having looked at the odds available, we could place our free bet on Emitom (12/1).
We can calculate our lay stake using the ‘Free Bet‘ setting on my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £4.45…
Aim to extract at least £4.00 cash from our free bet
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Bookie | Exchange | Profit |
|---|---|---|---|
| Emitom wins | +£60.00 | -£55.62 | £4.38 profit |
| Emitom doesn’t win | -£5.00 free bet | +£4.36 | £4.36 profit |
So, regardless of the outcome, we’ll make a guaranteed profit of £4.36 on this Paddy Power offer!
* Emitom failed to win the race, resulting in a profit of £4.36 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.