I love the BetVictor free bet offers because their odds are some of the most competitive around. If a Red Card is shown at any time during the Barcelona v Atletico Madrid match, BetVictor will refund losing Correct Score, First/Last/Anytime Goalscorer, Half-Time/Full-Time, Scorecast & Spincast bets as a FREE BET up to £25.00. Translated into matched betting terms, this gives us a potential profit of £18.86! And here’s how…
Whenever I do these BetVictor free bet offers, I always stick to the correct score market. I find the liquidity at the betting exchange is far better than goalscorer markets and I just feel more comfortable here.
We need to select a correct score and hope it doesn’t come in, as only losing bets are refunded in the event of a red card being shown. Having looked at the odds on offer, I’ve opted for a 0-0 draw.
Step 1:
Place £25.00 on 0-0 draw @ 13.00 = Potential profit of £300.00
Lay £25.09 on 0-0 draw @ 13.00 = Potential liability of £301.08
Step 2:
Let’s have a look at our potential profit/loss for the various outcomes…
0-0 draw |
+£300.00 – £301.08 = £1.08 loss |
Not 0-0 draw with red card |
-£25.00 + £23.86 + £20.00 (Assumes an 80% return from our £25.00 free bet) = £18.86 profit |
Not 0-0 draw without red card |
-£25.00 + £23.86 = £1.14 loss |
So we will make £18.86 profit if the game doesn’t finish 0-0 and a red card is shown! If no red card is shown or the game finishes 0-0, we will make a maximum loss of £1.14, which I’m sure you’ll agree is a risk worth taking as the odds of a red card being shown are around 2.36.
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £70,000 worth of profit, and made it my mission to make matched betting accessible to everyone.