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 Liverpool v Chelsea match, BetVictor will refund losing Correct Score, First/Last/Anytime Goalscorer, Scorecast, Spincast & Half-Time/Full-Time bets as a FREE BET up to £25.00. Translated into matched betting terms, this gives us a potential profit of £18.63! 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 2-1 Liverpool win.
Step 1:
Place £25.00 on 2-1 Liverpool @ 9.50 = Potential profit of £212.50
Lay £24.87 on 2-1 Liverpool @ 9.60 = Potential liability of £213.88
Step 2:
Let’s have a look at our potential profit/loss for the various outcomes…
|
2-1 Liverpool |
+£212.50 – £213.88 = £1.38 loss |
|
Not 2-1 Liverpool with red card |
-£25.00 + £23.63 + £20.00 (Assumes an 80% return from our £25.00 free bet) = £18.63 profit |
|
Not 2-1 Liverpool without red card |
-£25.00 + £23.63 = £1.37 loss |
So we will make £18.63 profit if the game doesn’t finish 2-1 to Liverpool and a red card is shown! If no red card is shown or the game finishes 2-1 to Liverpool, we will make a maximum loss of £1.38, which I’m sure you’ll agree is a risk worth taking as the odds of a red card being shown are around 3.80.
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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.