Everyone loves a good money back offer and we have one on Monday night as Chelsea host Manchester United at 8pm.
Paddy Power are offering money back up to £10 if Chelsea win the game.
You could make a potential profit of £8.88.
Key Terms;
- Max refund is £10
- Applies to any market on Chelsea v Manchester United
- Bet must be placed before kick-off and only applies to the first bet on the match
Let’s look at how to play this offer…
Step 1 – Place our qualifying bet:
Given that this offer is Money Back if Chelsea win, it makes sense to back Manchester United in the Match Odds market. You can bet on any market, but this is the best option for getting a profit. The Manchester United win is 4.33 with Paddy Power.
Step 1: Place a £10 bet on Manchester United to win at 4.33.
Step 2 – Lay off on the exchanges:
After placing our qualifying bet, we’re going to lay off our bet with Paddy Power on the exchanges. The Manchester United win is currently 4.8 to lay on Betfair. To get the correct stakes we can use the Profit Rush Bet Calculator. Put all this information into the calculator and you will get this screen:
As you can see, we have to lay Manchester United for £9.06 at odds of 4.8 on Betfair. This results in a cost of £1.12, but let’s look at our possible outcomes…
| Outcome | Bookmaker | Exchange | Profit & Loss |
| If Chelsea win | Cashback | £8.88 | £8.88 |
| If Manchester United win | £33.33 | -£34.43 | -£1.10 |
| If it’s a draw | -£10 | £8.88 | -£1.12 |
Chelsea are trading 1.9 on Betfair at the time of writing so this is a fantastic position. You are risking £1.12 to win £8.88 – effectively giving you odds of 8.92 on Chelsea winning. As you can see from the figures, this is a highly profitable offer in the long-term.
Did you find this article helpful?
Check the Profit Rush Daily Calendar for more and come back tomorrow for another daily offer!
