There’s an action packed day of racing at Newmarket 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 14:45 at Newmarket and if your selection places 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 can achieve a potential profit of £7.55!

Terms of the offer

  • Up to £10.00 refund as a free bet.
  • Refund will trigger on any horse that placed second, third or fourth.
  • 7 or more runners must take part, if less than 7 run, the offer will only apply to the horse that places second.
  • Qualifying bets must be placed between 10:00 on Thursday 15th August 2019 and 14:45 (start time) on Saturday 17th 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 place 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 Lethal Angel at odds of 7.0.

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 7.0 and lay odds of 7.2 results in a £0.45 loss whether Lethal Angel wins or loses the race.

sign up to paddypower
sign up to smarkets
sign up to betfair

What’s next?

Our £10.00 free bet will be credited within 2 hours if should Lethal Angel place 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 £7.55 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.