I love BetVictor free bet offers because their odds are some of the most competitive around. If a red card is shown at any time during the Chelsea v Tottenham match, BetVictor will refund losing correct score, First/Last/Anytime Goalscorer, Half-Time/Full-Time, Scorecast & Spincast bets as a FREE BET up to £10.00. Translated into matched betting terms, this gives us a potential profit of £7.54 and here’s how…
Qualifying Bet:
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walkthrough guide on how to place your qualifying bets.
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. It’s entirely up to you which score you go for. Having looked at the odds available, I’ve opted for a 3-0 Chelsea win.
Place £10.00 on 3-0 Chelsea @ 11.50 = Potential profit of £105.00
Lay £10.04 on 3-0 Chelsea @ 11.50 = Potential liability of £105.42
Let’s have a look at our potential profit/loss for the various outcomes…
3-0 Chelsea |
+£105.00 – £105.42 = £0.42 loss |
Not 3-0 Chelsea and red card |
-£10.00 + £9.54 + £8.00 (Assumes an 80% return from our £10.00 free bet) = £7.54 profit |
Not 3-0 Chelsea without red card |
-£10.00 + £9.54 = £0.46 loss |
If you’re not sure how to extract 80% of our £10.00 free bet, please see my Free Bet Strategy page for a walkthrough guide on how it should be done.
So we will make £7.54 profit if the game doesn’t finish 3-0 Chelsea and a red card is shown! If the game finishes 3-0 Chelsea or no red card is shown, we will make a maximum loss of £0.46, which I’m sure you’ll agree is a risk well worth taking as the odds of a red card being shown are around 3.70.
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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.