We have an action packed Sunday afternoon on ITV Racing, and we have a nice offer to exploit.
Paddy Power is offering money back if your horse finishes 2nd, 3rd or 4th 1-55pm at Thirsk. Also it’s worth mentioning that SkyBet are offering money back if your horse finishes 2nd or 3rd also in this race. This is an excellent offer as there is only eight runners.
You could make a potential profit of £9.02 while only risking -£1!
Key Terms;
- Max refund is £10, paid as a free bet
- Qualifying bets must be placed on the 1-55pm Thirsk on Sunday the 9th of August
- Applies to first bet only
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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 Price Matcher and Bet Calculator.
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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. Liquidity won’t be fantastic in the early exchange markets for Sunday racing, however it will pick up during the morning as the race is on ITV3 and closer to the off liquidity will be excellent. It won’t be difficult to get matched given it’s a £10 offer and not £50 or more.
Our target match for this race will be Duke Of Firenze which is trading 5.5 with Paddy Power, and we’re going to lay 6.0 on Betfair. It’s the fourth favourite, and ideal to place without winning. It has also finished in the top four on it’s last two runs so is running consistently. Remember, we need the selection to finish 2nd, 3rd or 4th and the ones around third/fourth in the market are usually ideal.
For Step 1, we place a £10 bet on Duke Of Firenze at 5.5 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 Duke Of Firenze, so we’re going to lay Duke Of Firenze at 6.0 on Betfair. We put this information into the Profit Rush Bet Calculator. You should see a screen like this:
As you can see, the cost to set up this bet is -£1.00. You need to lay Duke Of Firenze for £9.20 at odds of 6.0 on Betfair. Usually we could find a closer match on English racing, but the set up cost is still £1 which is OK considering liquidity isn’t amazing. Now after that’s done, let’s look at our outcomes…
Outcome | Bookmaker | Exchange | Profit & Loss |
If Duke Of Firenze Wins | £45 | -£46 | -£1 |
If Duke Of Firenze finishes 2nd, 3rd or 4th | Cashback | £9.02 | £9.02 |
If Duke Of Firenze doesn’t finish 1st, 2nd, 3rd or 4th | -£10 | £9.02 | -£0.98 |
What a brilliant position. You’re effectively getting odds of 10.02 on Duke Of Firenze finishing 2nd, 3rd or 4th! That’s a very nice price and it only costs you -£1! You can see what a profitable offer this is long-term.
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