I love the BetVictor free bet offers because their odds are some of the most competitive around. If a Penalty is scored at any time during the Chelsea v PSG 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 £17.86! And here’s how…
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.
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. Having looked at the odds on offer, I’ve opted for a 2-0 Chelsea win.
Step 1:
Place £25.00 on 2-0 Chelsea @ 9.00 = Potential profit of £200.00
Lay £24.06 on 2-0 Chelsea @ 9.40 = Potential liability of £202.10
Step 2:
Let’s have a look at our potential profit/loss for the various outcomes…
2-0 Chelsea |
+£200.00 – £202.10 = £2.10 loss |
Not 2-0 Chelsea with penalty scored |
-£25.00 + £22.86 + £20.00 (Assumes an 80% return from our £25.00 free bet) = £17.86 profit |
Not 2-0 Chelsea without penalty scored |
-£25.00 + £22.86 = £2.14 loss |
So we will make £17.86 profit if the game doesn’t finish 2-0 Chelsea and a penalty is scored! If no penalty is scored, we will make a maximum loss of £2.14, which I’m sure you’ll agree is a risk worth taking as the odds of a penalty being awarded are around 3.20.
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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.