Triumph Hurdle 2020 Offer – Paddy Power

It’s the Triumph Hurdle on Friday and you don’t want to miss this Paddy Power Money Back Special! Simply place a bet on the 13:30 at Cheltenham and if our horse finishes 2nd, 3rd or 4th, Paddy Power will refund our stake as a free bet, up to £10.00. Translated into matched betting terms, this gives us a potential profit of £7.35 and here’s how…

Key Terms:

  • Applies to pre-race bets placed from 10:00 on Wednesday 11th March 2020.
  • Applies to singles and the win part of each way singles.
  • If less than 7 runners take part, the offer will revert to money back if 2nd for that particular race.
  • If our selection finishes 2nd, 3rd or 4th, Paddy Power will refund our stake as a free bet, up to £10.00.

Qualifying Bet:

If you’re unfamiliar with qualifying bets, please see my Qualifying 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 it would make sense to select a horse with fairly short odds in the hope of a 2nd, 3rd or 4th place finish.

Having looked at the odds available, we could place our qualifying bet on Goshen (11/4).

We can calculate our lay stakes using my Matched Betting Calculator.

Paddy Power logo

Aim to lose no more than £0.65 on our qualifying bet

Outcomes:

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

Outcome Bookie Exchange Extracted Profit/Loss
Goshen wins +£27.50 -£28.15 £0.65 loss
Goshen finishes 2nd 3rd or 4th -£10.00 +£9.35 +£8.00 £7.35 profit
Goshen finishes outside top 4 -£10.00 +£9.35 £0.65 loss

So, we’ll make a nice profit of £7.35 if Goshen finishes 2nd, 3rd or 4th and we stand to lose £0.65 on any other outcome. Risking £0.65 to make a profit of £7.35 gives us effective odds of 12.31, which I’m sure you’ll agree, makes this a profitable offer in the long run.

If eligible, our free bet will be credited within 2 hours of the race ending and will be valid on horse racing for 7 days. Free bet stakes are not included in any returns.

* Paddy Power issued a ‘Justice Refund’ on losing stakes as a free bet, after Goshen unseated his rider when out clear at the last, resulting in a profit of £7.35 on this Paddy Power offer. *

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched 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.