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…
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!
