Day 2 of Royal Ascot tomorrow and Paddy Power are giving us an offer we can’t refuse! Simply place a bet of up to £10.00 on any horse in the 15:40 at Royal Ascot and if Magical wins, 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 £7.52!
Terms of the offer
- Up to £10.00 refund as a free bet.
- Refund will trigger on any horse if Magical wins.
- 5 or more runners must take part or this promotion will not apply.
- Qualifying bets must be placed between 10:00 on Sunday 16th June 2019 and 15:40 (start time) on Tuesday 18th June 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 Magical win. 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 Waldgeist 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 6.2 results in a £0.48 loss whether Waldgeist wins or loses the race.
What’s next?
Our £10.00 free bet will be credited within 2 hours if Magical wins. 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 £7.52 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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