Kick-off time (GMT): 02/08/2015 : 15:00
Arsenal play Chelsea in the Community Shield 2015 on Sunday and you won’t want to miss this BetVictor offer. If Chelsea fail to beat Arsenal in 90 minutes, BetVictor will refund losing correct score, First/Last/Anytime Goalscorer, Half-Time/Full-Time, Scorecast & Spincast bets as a FREE BET up to £10.00. Translated into matched betting terms, this gives us a potential profit of £6.96 and here’s how…
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walkthrough guide on how to place your qualifying bets.
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.
For this BetVictor offer, we need to select a correct score that sees Chelsea win the match. This ensures that if Chelsea fail to beat Arsenal, we will automatically be eligible for the free bet as our qualifying bet will have lost. Having looked at the odds available, I’ve opted to place my qualifying bet on 2-1 Chelsea.
I like to place my exchange lay bets with Smarkets as they have great liquidity, the site is really easy to use and they only charge 2% commission in comparison to the 5% charged by other betting exchanges. We can calculate our lay stakes using the matched betting calculator.
Place £10.00 on 2-1 Chelsea @ 10.50 = Potential profit of £95.00
Lay £9.15 on 2-1 Chelsea @ 11.50 = Potential liability of £96.04
Let’s have a look at our potential profit/loss for the various outcomes…
|2-1 Chelsea||+£95.00 – £96.04 = £1.04 loss|
|Not 2-1 Chelsea and Chelsea don't win||-£10.00 + £8.96+ £8.00 (Assumes an 80% return from our £10.00 free bet) = £6.96 profit|
|Not 2-1 Chelsea but Chelsea do win||-£10.00 + £8.96 = £1.04 loss|
So if Chelsea fail to beat Arsenal in 90 minutes, we will make a nice profit of £6.96. If the game isn’t won in 90 minutes by Chelsea or Chelsea win 2-1, we will make a maximum loss of £1.04, which I’m sure you’ll agree is a risk well worth taking as the Double Chance odds of Arsenal winning or it being a draw are around 1.57.
If you’re not sure how to extract 80% of our £10.00 free bet, please see my Free Bet Strategy page for a walkthrough guide on how it should be done.