It’s Belgium v England on Saturday and you don’t want to miss this Money Back Special from Paddy Power. Simply place a bet on selected markets and if England beat Belgium in 90 minutes, Paddy Power will refund all losing bets as a free bet, up to a maximum of £10.00. Translated into matched betting terms, this gives us a potential profit of £6.40 and here’s how…
Qualifying Bet:
If you’re unsure about how to place qualifying bets, check out my Qualifying Bet Strategy page for a walk-through guide on how they should be done.
Qualifying bets must be placed pre-match. The eligible markets are First/Last/Anytime Goalscorer, Correct Score and WhatOddsPaddy.
It’s entirely up to you what you place your qualifying bet on. Our best option is likely to be the Correct Score market. Having looked at the odds available, we could place our qualifying bet on 2-1 Belgium (8/1).
We can calculate our lay stakes using my matched betting calculator.
Aim to lose no more than £1.60 on our qualifying bet
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| 2-1 Belgium | + £80.00 – £81.60 = £1.60 loss |
| Not 2-1 Belgium and England win | – £10.00 + £8.40 + £8.00 (extract 80% from our £10.00 free bet) = £6.40 profit |
| Not 2-1 Belgium and England don’t win | – £10.00 + £8.40 = £1.60 loss |
So, we’ll make a nice profit of £6.40 if England win the match in 90 minutes and we stand to lose around £1.60 on any other outcome. Risking £1.60 to make a profit of £6.40 gives us effective odds of 5.00. Given that England are odds of just 3.30 (23/10) to win the match, this is a profitable offer in the long run.
If eligible, free bets will be credited within two hours of the match ending and will be valid for 7 days on football markets.
If you’re unsure how to extract 80% of a £10.00 free bet, check out my Free Bet Strategy page for a walk-through guide on how it should be done.
* Belgium won the match 2-0, resulting in a loss of £1.60 on this Paddy Power offer. *
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £85,000 worth of profit, and made it my mission to make matched betting accessible to everyone.