I love the offers from BetVictor because their odds are some of the most competitive around. If a Penalty is scored at any time during the Nottingham Forest v Watford 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 £7.20! 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 penalty being scored by either side. Having looked at the odds on offer, I’ve opted for a 1-1 draw.
Step 1:
Place £10.00 on 1-1 draw @ BetVictor @ 7.50 = Potential profit of £65.00.
Lay £9.68 on 1-1 draw @ Betfair @ 7.80 = Potential liability of £65.82.
Step 2:
Let’s have a look at our potential profit/loss for the various outcomes…
|
1-1 draw |
£65.00 – £65.82 = £0.82 loss |
|
Not 1-1 draw with penalty scored |
-£10.00 + £9.20 + £8.00 (Assumes an 80% return from our £10.00 free bet) = £7.20 profit |
|
Not 1-1 without penalty scored |
-£10.00 + £9.20 = £0.80 loss |
So we will win £7.20 if the game doesn’t finish in a 1-1 draw and there is a penalty scored! If no penalty is scored, we will make a maximum loss of £0.82, which I’m sure you’ll agree is a risk worth taking as the odds of a penalty being awarded are around 3.75.
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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.