Interesting offer from BetVictor this week. If a Red Card is shown at any time during the Arsenal v Tottenham match, BetVictor will refund losing Correct Score, First/Last/Anytime Goalscorer, Scorecast & Half-Time/Full-Time bets as a FREE BET up to £25.00. Translated into matched betting terms, this gives us a potential profit of £17.36! 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 red card. Having looked at the odds on offer, I’ve opted for a 1-1 draw.
Step 1:
Place £25.00 on 1-1 @ BetVictor @ 8.5 = Potential profit of £187.50.
Lay £24.85 on 1-1 @ Betfair @ 8.6 = Potential liability of £188.86.
Step 2:
Let’s have a look at our current potential profit/loss for the following outcomes…
| 1-1 draw | £187.50 – £188.86 = -£1.36 |
| Not 1-1 with red card | -£25.00 + £23.61 + £18.75 (Assumes a 75% return from our £25.00 free bet) = £17.36 |
| Not 1-1 without red card | -£25.00 + £23.61 = -£1.39 |
So we will win £17.36 if the game doesn’t end 1-1 and there is a red card! If no red card is shown, we will lose a maximum of £1.39, which I’m sure you’ll agree is a risk worth taking as the odds of a red card being shown are around 4.1.
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £90,000 worth of profit, and made it my mission to make matched betting accessible to everyone.