I love the Money-Back Special offers from BetVictor because their odds are some of the most competitive around. If a Penalty is scored at any time during the Man City v Barcelona 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 £7.10! And here’s how…
Whenever I do these Money-Back Special 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 scored by either side. Having looked at the odds on offer, I’ve opted for a 1-1 draw.
Step 1:
Place £10.00 on 1-1 draw @ BetVictor @ 8.00 = Potential profit of £70.00.
Lay £9.58 on 1-1 draw @ Betfair @ 8.40 = Potential liability of £70.89.
Step 2:
Let’s have a look at our potential profit/loss for the various outcomes…
|
1-1 draw |
£70.00 – £70.89 = £0.89 loss |
|
Not 1-1 draw with penalty scored |
-£10.00 + £9.10 + £8.00 (Assumes an 80% return from our £10.00 free bet) = £7.10 profit |
|
Not 1-1 draw without penalty scored |
-£10.00 + £9.10 = £0.90 loss |
So we will win £7.10 if the game doesn’t finish in a 1-1 draw and there is a penalty scored! If no penalty is scored, we will make a maximum loss of £0.90, 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.