I love the 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 Real Madrid v Atletico Madrid match, BetVictor will refund losing Correct Score, First/Last/Anytime Goalscorer, Half-Time/Full-Time, Scorecast & Spincast bets as a FREE BET up to £25.00. Translated into matched betting terms, this gives us a potential profit of £17.73! 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 red card being shown. Having looked at the odds on offer, I’ve opted for a 2-0 Real Madrid win.
Step 1:
Place £25.00 on 2-0 Real Madrid @ 10.00 = Potential profit of £225.00
Lay £23.92 on 2-0 Real Madrid @ 10.50 = Potential liability of £227.24
Step 2:
Let’s have a look at our potential profit/loss for the various outcomes…
2-0 Real Madrid |
+£225.00 – £227.24 = £2.24 loss |
Not 2-0 Real Madrid with red card |
-£25.00 + £22.73 + £20.00 (Assumes an 80% return from our £25.00 free bet) = £17.73 profit |
Not 2-0 Real Madrid without red card |
-£25.00 + £22.73 = £2.27 loss |
So we will make £17.73 profit if the game doesn’t finish 2-0 Real Madrid and a red card is shown! If no red card is shown or the game finishes 2-0 Real Madrid, we will make a maximum loss of £2.27, which I’m sure you’ll agree is a risk worth taking as the odds of a red card being shown are around 3.35.
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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.