We have another action packed weekend of racing on ITV, and we have some excellent offers to exploit.

SkyBet is offering money back if your horse finishes 2nd or 3rd on the 1-50pm at Ascot, HOWEVER, Paddy Power is offering money back if your horse finishes 2nd, 3rd or 4th on the same race.

You can of course do the SkyBet offer too, but in this example we’re going to run through how much profit we can make from the Paddy Power offer…

You could make a potential profit of £9.59 while only risking -£0.41!

Key Terms;

  • Max refund is £10, paid as a free bet
  • Qualifying bets must be placed on the 1-50pm at Ascot on Saturday the 25th of July
  • Applies to first bet only

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What You Need:

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That’s all you need to get started, it’s simple! Let’s go through the steps so you can get the most money.

Step 1 – Place our qualifying bet:

Use the Profit Rush Price Matcher and find the closest match. The closest match is pretty obvious in this race! Twaasol is trading 3.75 with Paddy Power and is 3.85 to lay with Betfair. That’s the favourite in the race and it’s a nice choice for this offer as it’s more likely to be involved in the finish – we need it to finish 2nd, 3rd or 4th after all.

For Step 1, we place a £10 win bet on Twaasol in the 1-50pm at Ascot at 3.75 with Paddy Power.

Step 2 – Lay off on the exchanges:

Now that we’ve placed our qualifying bet with Paddy Power, we need to lay off on the exchanges. We’ve opted for Twaasol as that is a very close match within the markets, so we’re going to lay on Betfair. Twaasol is 3.85 to lay. We put this information into the Profit Rush Bet Calculator. You should see a screen like this:

Paddy Power Odds

As you can see, the cost to set up this bet is -£0.41. You need to lay Twaasol for £9.79 at odds of 3.85 on Betfair. Now after that’s done, let’s look at our outcomes…

Outcome Bookmaker Exchange Profit & Loss
If Twaasol Wins £27.50 -£27.90 -£0.40
If Twaasol finishes 2nd, 3rd or 4th Cashback £9.59 £9.59
If Twaasol doesn’t finish 1st, 2nd, 3rd or 4th -£10 £9.59 -£0.41

What a brilliant position. You’re effectively getting odds of 24.39 on Twaasol finishing 2nd, 3rd or 4th! That’s a very nice price and it only costs you -£0.41! You can see what a profitable offer this is 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?

Check the Profit Rush Daily Calendar for more and come back tomorrow for another daily offer!