Boxing Day Free Bet Offer – Paddy Power

There’s a big Boxing Day of sports action to look forward to 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 any sport! Translated into matched betting terms, this gives us a guaranteed profit of £3.98 and here’s how…

Key Terms:

  • 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 00:01 until 23:59 on Saturday 26th December 2020.
  • Free bet will be available to use on any sport on Saturday 26th December 2020.

Free Bet:

Using straightforward matched betting, we should be able to convert our £5.00 free bet into around 80% cash, so £4.00.

It’s entirely up to you what you place your free bet on. Having looked at the odds available, Son Of Camas is available in the 13:15 at Kempton at back odds of 7.50 (13/2) and lay odds of 8.00.

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

As you can see, the calculator tells us that our lay stake should be £4.07…

Place £5.00 free bet on Son Of Camas @ 7.50 = Potential profit of £32.50

Lay £4.07 on Son Of Camas @ 8.00 = Potential liability of £28.49

Outcomes:

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

Outcome Paddy Power Exchange Profit/Loss
Son Of Camas wins + £32.50 – £28.49 £4.01 profit
Son Of Camas loses Free Bet + £3.98 £3.98 profit

So, no matter the outcome, we’ll make a guaranteed profit of £3.98 on this Paddy Power offer!

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