There’s an enormous day of racing at Newmarket on Wednesday and also you don’t wish to miss this Paddy Power a refund supply! Simply place a wager of as much as £10.00 on the 13:50 Newmarket and if our horse finishes 2nd, third or 4th, Paddy Power will refund our stake as a free wager, as much as a most of £10.00. Translated into matched betting phrases, this provides us a potential revenue of £7.23 and right here’s how…
- We should place our wager between 17:00 on Monday twelfth April 2021 and 13:50 (race-off) on Wednesday 14th April 2021.
- Offer applies to the win market and the win a part of every method bets solely.
- If lower than 7 runners participate, this supply will revert to a refund if 2nd.
- If our horse finishes 2nd, third or 4th, Paddy Power will refund our stake as a free wager, as much as £10.00.
If you’d like extra details about qualifying bets and the way they work, please see my qualifying bets information.
It’s solely as much as you which of them horse you go for, however it might make sense to pick out a horse with pretty brief odds within the hope of a 2nd, third or 4th place end.
At the time of writing, the again and lay odds aren’t fairly tight sufficient. Going Places is favorite to win the race at again odds of three.75 (11/4). I’ll use lay odds of 4.00 as an instance how this supply works and I’ll replace the underside of this publish with a real choice after the race.
We can calculate our lay stakes utilizing my Matched Betting Calculator…
As you possibly can see, the calculator tells us that our lay stake ought to be £9.42…
Place £10.00 on Going Places @ 3.75 = Potential revenue of £27.50
Lay £9.42 on Going Places @ 4.00 = Potential legal responsibility of £28.26
Let’s take a look at our potential revenue/loss for the attainable outcomes…
So, we’d make a good revenue of £7.23 if Going Places finishes 2nd, third or 4th and we’d stand to lose a most of £0.77 on another consequence. Risking £0.77 to make a revenue of £7.23 provides us efficient odds of 10.39, which I’m positive you’ll agree, makes this a worthwhile supply in the long term.
If eligible, free bets will likely be credited inside 2 hours of the race ending and will likely be legitimate on any horse racing marketplace for 7 days.
If you’re not sure the way to convert your £10.00 free wager into £8.00 money (80%), please see my free bets information for a walkthrough of the way it ought to be carried out.
* Going Places was out there at again odds of 4.75 and lay odds of 5.40. Going Places completed exterior the highest 3, leading to a lack of £1.37 on this Paddy Power supply. *