Potential Profit
Actual Profit

BetVictor Derby v QPR – Money-Back Special

Posted by Matt (administrator) Matt
Start Time: 10/02/2014 19:45

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 Derby County v QPR 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 £7.14!  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 0-0.  The beauty of betting on a scoreless draw is that if a penalty is scored, we automatically win as the game cannot finish 0-0.

Step 1:

Place £10.00 on 0-0 draw @ BetVictor @ 11.50 = Potential profit of £105.00.

Lay £9.62 on 0-0 draw @ Betfair @ 12.00 = Potential liability of £105.82.

Step 2:

Let’s have a look at our potential profit/loss for the various outcomes…

0-0 draw

£105.00 – £105.82 = £0.82 loss

Not 0-0 draw with penalty scored

-£10.00 + £9.14 + £8.00 (Assumes an 80% return from our £10.00 free bet) = £7.14 profit

Not 0-0 without penalty scored

-£10.00 + £9.14 = £0.86 loss

So we will win £7.14 if the game doesn’t finish in a 0-0 draw and there is a penalty scored!  If no penalty is scored, we will make a maximum loss of £0.86, which I’m sure you’ll agree is a risk worth taking as the odds of a penalty being awarded are around 4.20.

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