Paddy Power Pays Out On 150/1 Ireland World Cup Bet
September 8, 2017
Tongue-in-cheek bookie Paddy Power has paid out on a rather optimistic bet placed on Republic of Ireland to win the 2018 Football World Cup. The Boys in Green were beaten 0-1 at the Aviva Stadium in Dublin earlier this week, a result which leaves them third in UEFA Group D and in serious doubt of making it to Russia next summer.
The disappointing result has left most Irish fans expecting not to qualify, with results elsewhere and a victory over Wales in Cardiff needed to make the playoff round. However, one punter kept the faith and placed a €3 bet on Martin O’Neill’s men to not only progress to the finals but go on to lift the trophy!
The sheer optimism of the 150/1 bet caught the imagination of Paddy Power who have paid the anonymous punter as a winner. Whether it was placed as a joke or a serious punt, he’s now got €450 in his pocket which he would almost certainly never have won.
A Paddy Power representative spoke of the good will payout;
“The mood in the country certainly wasn’t one of optimism after last night’s result so we can’t help but admire the stones on this lad. Given the timing of the bet he may have been drowning his sorrows but feel as though his ridiculous optimism can’t go unrewarded and have decided to pay the man his money.”
It’s the second kind gesture from the bookmaker in the space of a few weeks. A pair of Rangers fans backed Kazakh champions Astana to overturn a five-goal deficit and beat Glasgow rivals Celtic. PP saw the funny side and rewarded the duo with an unlikely return on their bets.
The Best Betting Offers At Paddy Power
There is a reason that Paddy Power is known as a punter-friendly bookie. The firm is renowned for justice payouts and promoting the best betting offers around. The company also has a rather comedic approach to betting, which makes for added entertainment when having a punt.
£20 Risk-Free Bet
If you’re yet to place a bet, then you can claim a £20 risk-free bet when opening a PP account. It’s a great offer that lets you have a risk-free shot at winning some cash. If your very first bet is a loser, you’ll get a full cash refund up to £20. By applying matched betting techniques, you can use the promotion to lock-in a cash return of around £16.
If you’re new to the concept, matched betting is a method of turning bookmaker offers into real money profits. This is done by using a betting exchange such as Betfair to place lay bets against bookmaker selections. A lay bet is to bet that something won’t win, so in essence, win or lose, all bases are covered.
The MatchedBets.com calculator looks after all of the working out for you and has nine in-built functions for making money from all of the best betting offers. You can use it to calculate ideal lay stakes for qualifying bets and then with a quick adjustment, use it to make money from any free bets or bonuses that you earn.
Paddy Power VIPP
It’s not just signups that can be used to make money online. There are loads of ongoing offers from bookmakers that can be exploited to yield a consistent profit. A great example of this is Paddy Power VIPP. By placing five £10 bets in a week, you can claim a weekly £10 free bet.
A simple matched betting approach can be applied to the offer to return around £5 cash each week. It’s a very easy offer to complete and can add over £250 to your annual takings from matched betting.
2 Up You Win
One potentially lucrative example is Paddy Power 2 Up You Win. This promotion sees you paid as a winner should your team take a two goal lead in any Premier League, La Liga or Champions League Group Match. The cash payout will be credited regardless of the final result of the match.
When matched betting with this offer, there is a chance of winning big. By placing a back and lay bet, you will expect to make a very small loss. However, if your team takes a two goal lead and then goes on to lose, you’ll be paid as a winner at both the bookmaker and exchange. There are also techniques for locking in a guaranteed profit with your open lay position once your team goes two goals up.
Accumulator insurance offers can also be used to ensure a profit. These promotions give a free bet refund on losing bets when just a single team lets your 5-Fold down. In the case of Paddy Power, the max refund is £50 but can be claimed up to 4 times each day. Paddy Power Acca Insurance has an expected value of £10 on each play.
There are four ways of approaching acca insurance, giving you the versatility to choose your preferred technique according to your betting bank and the time at your disposal. Full instructions of how to make the most of accumulator offers is included with Matched Bets premium.
Lay Sequential – Place the acca and then place varying lay stakes to lock in a profit, making more cash the longer your acca is running.
Lock In – This method is similar to the above but the lay stakes are amended, so that the profit amount is the same no matter what the outcome is.
Lay At Start – Ideal for ensuring a profit without needing to be around to place lay bets, as all the work is done at the start.
No Lay – Another set and forget option. Here you will trust that the expected value of the acca will pay in the long-run, meaning there is no need to lay the bets
Money Back Specials
Supplementing the above offers, PP has a range of other money back specials which can add value to your matched betting. The offer of money back second, third or fourth to the Starting Price (SP) favourite is worth over £5 on repeated play and is currently available twice daily.
You can expect even better offers around the big horse racing meetings such as Cheltenham and Royal Ascot too. Sticking with horse racing, there are extra place offers which pay out enhanced each-way terms and the Best Odds Guarantee can give an unexpected boost to your matched betting profits.