The stakes are on at Chepstow 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 14:10 at Chepstow and if your horse 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 £7.46!

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 Thursday 26th December 2019 and 14:10 (start time) on Friday 27th December 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 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 Ask Dillon at odds of 5.0.

Back Bet




Lay Bet


Adjust Lay

Required Lay £
Bookmaker Exchange Cashback Total
If Back Wins
If Lay Wins

As we can see our £10.00 back bet at odds of 5.0 and lay odds of 5.2 results in a £0.54 loss whether Ask Dillon wins or loses the race.

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What’s next?

Our £10.00 free bet will be credited within 2 hours if Ask Dillon 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 £7.46 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.