We have FA Cup action to enjoy on Sunday evening and we have a nice offer to exploit too!
Paddy Power is offering money back up to £10 if Chelsea beat Leicester.
You could make a potential profit of £9.06 while risking only £0.94! We’re going to show you how…
Key Terms;
- Max refund is £10
- Applies to any market on Leicester v Chelsea
- Kick off is 4pm on Sunday the 28th of June
- Bet must be placed before kick-off and only applies to the first bet on the match
- Does not apply to retail bets
- Bets placed with Free Bets or Cashed Out bets don’t apply
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 Chelsea win, it makes sense to back Leicester in the Match Odds market. Do not back Chelsea to win. You can bet on any market, but this is the best option for getting a profit. The Leicester win is 2.8 (9/5) with Paddy Power. Remember you can bet on any market, so you can check the best matches in the Profit Rush Price Matcher. We like the Leicester option, and you will see why later on the profit table.
Step 1: Place £10 on Leicester to win at 2.8 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 Leicester win is currently 3.05 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, for step 2 we have to lay Leicester for £9.24 at 3.05 on Betfair. The liability for this bet is -£18.94. This results in a set-up cost of -£0.94, but let’s look at our possible outcomes…
| Outcome | Bookmaker | Exchange | Profit & Loss |
| If Leicester win | £18 | -£18.94 | -£0.94 |
| If Chelsea win | Cashback | £9.06 | £9.06 |
| If it’s a draw | -£10 | £9.06 | -£0.94 |
What a fantastic position.
At the time of writing, the Chelsea win is trading 2.52 on Betfair. This is clearly a huge value bet! Effectively we are getting odds of 10.63 on Chelsea winning when the actual price is 2.52. As you can see from the figures, this is a highly profitable offer in the long-term…
Not sure about something in this offer? Click here to ask us on the community forum now.
Did you find this article helpful?
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