The stakes are on at Newbury today and Paddy Power have an offer you can’t refuse! Simply place a bet of up to £10.00 on any horse in the 15:30 at Newbury and if your selection comes second, third or fourth, Paddy Power will refund all losing bets as a free bet up to the value of £10.00. With simple matched betting we have a potential profit of £7.21!
Terms of the offer
- Up to £10.00 refund as a free bet.
- Refund will trigger on any horse if it places second, third or fourth.
- 7 or more runners must take part, if less than 7 run, refund will only apply to second.
- Qualifying bets must be placed between 10:00 on Wednesday 14th August 2019 and 15:30 (start time) on Friday 16th August 2019.
Qualifying Bet and Strategy
We will treat this bet a simple Bet X Get X offer. All we need to do is back and lay a qualifying bet and extract our profit from the £10.00 free bet should our selection come second, third or fourth. As usual we will be finding a close match to place our qualifying bet on. We should aim to lose no more than £1.00 on our qualifying loss. We have opted to place our qualifying bet on Divine Spirit at odds of 6.0.
Adjust Lay
| Bookmaker | Exchange | Cashback | Total | |
|---|---|---|---|---|
| If Back Wins | ||||
| If Lay Wins |
As we can see our £10.00 back bet at odds of 6.0 and lay odds of 6.4 results in a £0.79 loss whether Divine Spirit wins or loses the race.
What’s next?
Our £10.00 free bet will be credited within 2 hours if Divine Spirit places second, third or fourth. We should expect to extract 80% cash making our free bets worth at least £8.00. After we take away our initial qualifying loss we should have made ourselves an easy £7.21 in profit. Free bet valid for 7 days and can be used on any horse racing market.
By this point you should know how to extract profit from free bets, but if your still unsure or need a refresher the perfect guide can be found here.
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