It’s the final day of Cheltenham 2020 and Paddy Power have an offer you can’t refuse! Simply place a bet of up to £10.00 on any horse in the 13:30 at Cheltenham and if your selection finishes second, third or fourth, Paddy Power will refund all losing bets, as a free bet, up to the value of £10.00. This gives us a potential profit of £7.84!
Terms of the offer
- Up to £10.00 refund as a free bet.
- Refund will trigger on any horse that finishes second, third or fourth.
- If less than 7 runners take part, this offer will revert to money back if 2nd.
- Qualifying bets must be placed between 10:00 on Wednesday 11th March 2020 and 13:30 (start time) on Friday 13th December 2020.
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 finish 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 Solo at odds of 4.5.
|If Back Wins|
|If Lay Wins|
As we can see our £10.00 back bet at odds of 4.5 and lay odds of 4.5 results in a £0.16 loss whether Solo wins or loses the race.
Our £10.00 free bet will be credited within 2 hours if Solo finishes 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 £7.84 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.