It’s been a wonderful week at the Galway Races, and we have one final offer to exploit on Sunday!
Paddy Power is offering money back if your horse finishes 2nd, 3rd or 4th 2-45pm at Galway.
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 2-45pm Galway on Sunday the 2nd 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.
Not got one? Get your account by clicking here (terms and conditions apply).
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 Galway, however it will pick up during the day and closer to the off. 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 Take My Hand which is trading 5.5 with Paddy Power, and we’re going to lay 6.0 on Betfair. It’s the third favourite, and ideal to place without winning. 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 Take My Hand 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 Take My Hand, so we’re going to lay Take My Hand 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 Take My Hand 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 Take My Hand Wins | £45 | -£46 | -£1 |
| If Take My Hand finishes 2nd, 3rd or 4th | Cashback | £9.02 | £9.02 |
| If Take My Hand 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 Take My Hand 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.
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!
