Manchester United play host to Manchester City on Sunday afternoon in what is the highlight of the Premier League weekend!
Paddy Power is doing a money back up to £10 special on this game if Manchester City win.
You could make a potential profit of £8.94.
Key Terms;
-
- Max refund is £10
- Applies to any market on Manchester United v Manchester City
- Bet must be placed before kick-off and only applies to the first bet on the match
- Does not apply to retail bets
What You Need:
- A Paddy Power account
- An exchange account with an available balance big enough to lay back your bets
- You need to be familiar with using the Profit Rush Bet Calculator
Not got one? Get your account by clicking here (terms and conditions apply).
Let’s look at how to play this offer…
Step 1 – Place our qualifying bet:
Given that this offer is Money Back if Manchester City wins, it makes sense to back Manchester United in the Match Odds market. Do not back Manchester City to win. You can bet on any market, but this is the best option for getting a profit. The Manchester United win is 5.0 (4/1) with Paddy Power.
Step 1: Place £10 on Manchester United to win at 5.0 with Paddy Power.
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 5.5 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 £9.12 at 5.5 on Betfair. The liability for this bet is £41.04. This results in a set-up cost of -£1.06, but let’s look at our possible outcomes…
Outcome | Bookmaker | Exchange | Profit & Loss |
If Manchester United win | £40 | -£41.04 | -£1.04 |
If Manchester City win | Cashback | £8.94 | £8.94 |
If it’s a draw | -£10 | £8.94 | -£1.06 |
At the time of writing, the Manchester City win is trading 1.67 on Betfair. This is clearly a huge value bet! Effectively we are getting odds of 9.43 on Manchester City winning when the actual price is 1.67. As you can see from the figures, this is a highly profitable offer in the long-term.
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