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Paddy Power horse refund offer

Paddy Power will refund your stake as a free bet if a selected horse wins a race.

Check the promotions page of Paddy Power website for details. Or see Paddy Power Onside. This offer is typically on high-profile festival races or a big Saturday ITV race.

The refund if ‘horse X’ wins promotion is usually available online and in Paddy Power shops.

Important terms

  • The offer applies to selected races only.
  • Max free bet £10 per customer per race online. May be up to £20 in shops.
  • Minimum 5 runners (often more) – check the terms online or in-shop.
  • Applies to your first pre-race bet on the race. Singles only.

Strategy

The two main matched betting techniques are discussed below.

Method #1 – Back a horse and hope

  • Bet up to £10 on a horse other than the specified horse.
  • Place a matching lay bet at the exchange.

This simple back and lay technique relies on the refund trigger to happen. You are not attempting to lock in any profit with method #1.

Method # 2 – Lock in

  • Choose any horse other than the specified horse. Then calculate your ideal lay stake.
  • Place a bet of up to £10 on your horse.
  • Place a matching lay bet on your horse at the betting exchange.
  • Lay the amount of your qualifying loss on the Paddy Power trigger horse

Possible outcomes

There are 2 possible outcomes:

  1. If the Paddy trigger horse wins: you receive a £10 free bet. Using method #1 (bet and hope) you can make around £7 profit. Using method #2 (lock in) would give around £2 net profit.
  2. If the Paddy trigger horse doesn’t win: using method #1 you do not receive a free bet and may have incurred a small qualifying loss. With method #2 you are likely to have locked in a tiny profit.

The key aspect is that you can make this offer risk free if you choose. More experienced matched bettors