I love the offers from BetVictor because their odds are some of the most competitive around. If a Penalty is scored at any time during the Leicester City v Derby County match, BetVictor will refund losing Correct Score, First/Last Goalscorer, Scorecast, Half-Time/Full-Time & Anytime Goalscorer bets as a FREE BET up to £10.00. Translated into matched betting terms, this gives us a potential profit of £7.07! And here’s how…
Whenever I do these sort of 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 penalty being awarded to either side. Having looked at the odds on offer, I’ve opted for a 2-1 Leicester City win.
Step 1:
Place £10.00 on 2-1 Leicester City @ BetVictor @ 9.5 = Potential profit of £85.00.
Lay £9.55 on 2-1 Leicester City @ Betfair @ 10.00 = Potential liability of £85.95.
Step 2:
Let’s have a look at our potential profit/loss for the various outcomes…
2-1 Leicester City | £85.00 – £85.95 = £0.95 loss |
Not 2-1 Leicester City with penalty | -£10.00 + £9.07 + £8.00 (Assumes an 80% return from our £10.00 free bet) = £7.07 profit |
Not 2-1 without penalty | -£10.00 + £9.07 = £0.93 loss |
So we will win £7.07 if the game doesn’t end 2-1 to Leicester City and there is a penalty! If no penalty is awarded, we will make a maximum loss of £0.95, which I’m sure you’ll agree is a risk worth taking as the odds of a penalty being awarded are around 3.95.
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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.