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 Malaga v Valencia 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 £7.24! 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 2-2 draw.
Step 1:
Place £10.00 on 2-2 @ BetVictor @ 16.00 = Potential profit of £150.00.
Lay £9.73 on 2-2 @ Betfair @ 16.50 = Potential liability of £150.82.
Step 2:
Let’s have a look at our potential profit/loss for the various outcomes…
| 2-2 draw | £150.00 – £150.82 = £0.82 loss |
| Not 2-2 draw with penalty | -£10.00 + £9.24 + £8.00 (Assumes an 80% return from our £10.00 free bet) = £7.24 profit |
| Not 2-2 draw without penalty | -£10.00 + £9.24 = £0.76 loss |
So we will win £7.24 if the game isn’t drawn 2-2 and there is a penalty! If no penalty is awarded, we will make a maximum loss of £0.82, which I’m sure you’ll agree is a risk worth taking as the odds of a penalty being awarded are around 4.00.
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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.