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 Arsenal v Bayern Munich 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 £6.97! 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 2-2 draw.
Step 1:
Place £10.00 on 2-2 draw @ BetVictor @ 16.00 = Potential profit of £150.00.
Lay £9.44 on 2-2 draw @ Betfair @ 17.00 = Potential liability of £151.04.
Step 2:
Let’s have a look at our potential profit/loss for the various outcomes…
|
2-2 draw |
£150.00 – £151.04 = £1.04 loss |
|
Not 2-2 draw with penalty scored |
-£10.00 + £8.97 + £8.00 (Assumes an 80% return from our £10.00 free bet) = £6.97 profit |
|
Not 2-2 draw without penalty scored |
-£10.00 + £8.97 = £1.03 loss |
So we will win £6.97 if the game doesn’t finish in a 2-2 draw and there is a penalty scored! If no penalty is scored, we will make a maximum loss of £1.04, 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.