Paddy Power Free Bet Offer – Australian Open Day 3

Another fantastic Paddy Power free bet offer.  Simply place a pre-match bet on the Mens or Womens singles matches at the Australian Open (match odds market) and if our player wins the first set but goes on to lose, Paddy Power will refund us as a free bet up to a maximum of £100.00.  Translated into matched betting terms, this gives us a potential profit of £79.64 and here’s how…

Qualifying Bet:

If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walkthrough guide on how to place your qualifying bets.

We need to select 5 players to place a £20.00 bet on with Paddy Power and then we need to lay those players at Betfair.  It’s entirely up to you which players you go for but here are the players I’ve gone for on Day 3…

Player Back Odds Lay Odds Qualifying Loss
Viktor Troicki 1.61 1.64 £0.76
Dudi Sela 2.10 2.14 £0.91
Philipp Kohlschreiber 2.20 2.24 £0.91
Ivo Karlovic 1.61 1.65 £0.88
Dominika Cibulkova 1.83 1.87 £0.90

So I will lose £4.36 on my qualifying bets but here’s the clever bit…  Paddy Power are running another tennis offer whereby if we place 5 bets of £5.00 or more on tennis in any one day, they’ll give us a £5.00 free bet to use the next day.  We know that by using straightforward matched betting, we can extract 80% of this free bet as cash (£4.00), meaning our qualifying bets have only cost us £0.36!  If you’re not sure how to extract 80% of the £5.00 free bet, please see my Free Bet Strategy page for a walkthrough guide on how it should be done.

So we have incurred a small qualifying loss of £0.36, but for each of our 5 players that win the first set and go on to lose, we will receive a £20.00 free bet.  Again, by using straightforward matched betting we can extract 80% of these as cash, so £16.00.

5 x £16.00 = £80.00 – £0.36 = maximum potential profit of £79.64!

* Philipp Kohlschreiber lost 3-1 having won the first set meaning I received 1 x £20.00 free bet *

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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.