Finally… Football is back!
The Bundesliga starts back on Saturday and the offers have already been rolling in. There’s a couple on the Calendar already and we’ll run through Paddy Power’s latest offer in this blog.
Paddy Power is doing a money back up to £10 offer if Dortmund beat Schalke in the Bundesliga on Saturday.
You could make a potential profit of £8.72.
- Max refund is £10
- Applies to any market on Dortmund v Schalke
- Kick off is 2-30 on Saturday the 16th of May
- 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
Let’s look at how to play this offer…
Step 1 – Place our qualifying bet:
Given that this offer is Money Back if Dortmund wins, it makes sense to back Schalke in the Match Odds market. Do not back Dortmund to win. You can bet on any market, but this is the best option for getting a profit. The Schalke win is 5.5 (9/2) with Paddy Power.
Step 1: Place £10 on Schalke to win at 5.5 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 Schalke win is currently 6.2 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 Schalke for £8.90 at 6.2 on Betfair. The liability for this bet is £46.28. This results in a set-up cost of -£1.28, but let’s look at our possible outcomes…
|Outcome||Bookmaker||Exchange||Profit & Loss|
|If Schalke win||£45||-£46.28||-£1.28|
|If Dortmund win||Cashback||£8.72||£8.72|
|If it’s a draw||-£10||£8.72||-£1.28|
At the time of writing, the Dortmund win is trading 1.63 on Betfair. This is clearly a huge value bet! Effectively we are getting odds of 7.81 on Dortmund winning when the actual price is 1.63. 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?
Check the Profit Rush Daily Calendar for more and come back tomorrow for another daily offer!