It’s Day 1 of the Boodles May Festival 2021 at Chester on Wednesday and also you don’t need to miss this Paddy Power a reimbursement supply! Simply place a guess of as much as £10.00 on the 14:45 Chester and if our horse finishes 2nd, third or 4th, Paddy Power will refund our stake as a free guess, as much as a most of £10.00. Translated into matched betting phrases, this provides us a potential revenue of £6.77 and right here’s how…
- We should place our guess between 12:00 on Tuesday 4th May 2021 and 14:45 (race-off) on Wednesday fifth May 2021.
- Offer applies to the win market and the win a part of every means bets solely.
- If lower than 7 runners participate, this supply will revert to a reimbursement if 2nd.
- If our horse finishes 2nd, third or 4th, Paddy Power will refund our stake as a free guess, 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 ones horse you go for, however it could 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, Showalong is accessible at again odds of three.25 (9/4) and lay odds of three.65.
We can calculate our lay stakes utilizing my Matched Betting Calculator…
As you possibly can see, the calculator tells us that our lay stake needs to be £8.95…
Place £10.00 on Showalong @ 3.25 = Potential revenue of £22.50
Lay £8.95 on Showalong @ 3.65 = Potential legal responsibility of £23.71
Let’s take a look at our potential revenue/loss for the doable outcomes…
So, we’ll make a good revenue of £6.77 if Showalong finishes 2nd, third or 4th and we’ll lose a most of £1.23 on some other end result. Risking £1.23 to make a revenue of £6.77 provides us efficient odds of 6.50, which I’m certain you’ll agree, makes this a worthwhile supply in the long term.
If eligible, free bets will probably be credited inside 2 hours of the race ending and will probably be legitimate on any horse racing marketplace for 7 days.
If you’re not sure convert your £10.00 free guess into £8.00 money (80%), please see my free bets information for a walkthrough of the way it needs to be performed.