I love the BetVictor free bet offers because their odds are some of the most competitive around. If the Championship Play-Off Final between Derby County and QPR goes to a Penalty Shoot-Out, 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 £18.87! 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.
Ordinarily, I would say we need to avoid selecting a correct score that is a draw as this would ensure that our qualifying bet has lost if the game is decided by a penalty shootout. However, having looked at the odds available, betting on a 0-0 draw gives us the least risk and therefore I’m happy to take a chance on it finishing 1-1, 2-2 or 3-3 instead.
Step 1:
Place £25.00 on 0-0 draw @ 10.00 = Potential profit of £225.00
Lay £25.13 on 0-0 draw @ 10.00 = Potential liability of £226.17
Step 2:
Let’s have a look at our potential profit/loss for the various outcomes…
0-0 draw |
+£225.00 – £226.17 = £1.17 loss |
Not 0-0 draw and penalties |
-£25.00 + £23.87 + £20.00 (Assumes an 80% return from our £25.00 free bet) = £18.87 profit |
Not 0-0 draw without penalties |
-£25.00 + £23.87 = £1.13 loss |
So we will make £18.87 profit if the game doesn’t finish 0-0 and the match goes to penalties! If the game finishes 0-0 or doesn’t go to penalties, we will make a maximum loss of £1.17, which I’m sure you’ll agree is a risk worth taking as Play-Off Finals are traditionally tight affairs.
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £85,000 worth of profit, and made it my mission to make matched betting accessible to everyone.