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 Arsenal v Coventry City 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 £7.43! 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 scored by either side. Having looked at the odds on offer, I’ve opted for a 3-0 Arsenal win.
Step 1:
Place £10.00 on 3-0 Arsenal @ BetVictor @ 7.50 = Potential profit of £65.00.
Lay £9.93 on 3-0 Arsenal @ Betfair @ 7.60 = Potential liability of £65.54.
Step 2:
Let’s have a look at our potential profit/loss for the various outcomes…
3-0 Arsenal | £65.00 – £65.54 = £0.54 loss |
Not 3-0 Arsenal with penalty scored | -£10.00 + £9.43 + £8.00 (Assumes an 80% return from our £10.00 free bet) = £7.43 profit |
Not 3-0 Arsenal without penalty scored | -£10.00 + £9.43 = £0.57 loss |
So we will win £7.43 if the game doesn’t finish 3-0 to Arsenal and there is a penalty scored! If no penalty is scored, we will make a maximum loss of £0.57, which I’m sure you’ll agree is a risk worth taking as the odds of a penalty being awarded are around 3.25.
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £70,000 worth of profit, and made it my mission to make matched betting accessible to everyone.