Arsenal face Manchester City tonight in the last Premier League fixture before Christmas and BetVictor are getting in on the action. Place any Correct Score bet (singles only) on Arsenal v Manchester City and BetVictor will give us 25% of our stake back in bonus funds up to a maximum of £5.00! Translated into matched betting terms, this gives us a profit of £2.74 and here’s how…
Qualifying Bet:
To be eligible for the 25% bonus, we need to opt-in to the offer via the bonus and promotions page within our account.
We need to find a correct score that has tight back and lay odds. Having looked at the odds available, I’ve opted to place my qualifying bet on a 2-1 Arsenal win.
I like to place my exchange lay bets with Smarkets as they have great liquidity, the site is really easy to use and they only charge 2% commission in comparison to the 5% charged by other betting exchanges.
We can calculate our lay stake using my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £19.13…
Place £20.00 on 2-1 Arsenal @ 10.50 = Potential profit of £190.00
Lay £19.13 on 2-1 Arsenal @ 11.00 = Potential liability of £191.26
Let’s have a look at our potential profit/loss for the possible outcomes…
| 2-1 Arsenal | + £190.00 – £191.26 = £1.26 loss |
| Not 2-1 Arsenal | – £20.00 + £18.74 (£19.13 minus 2% commission) = £1.26 loss |
So we will lose £1.26 in qualifying for our £5.00 bonus.
Bonus:
Our £5.00 bonus is stake not returned. By using straightforward matched betting, we should be able to extract 80% of it as cash, so £4.00.
We will only be eligible to withdraw winnings accrued through the use of our bonus funds once we have placed real cash sports bets with a total stake of at least 4 times the value of our initial bonus bet and these bets have fully settled. So, if we bet our £5.00 bonus and it wins, we will need to place further settled bet(s) with a cumulative stake of £20.00 before we will be permitted to make a withdrawal of any winnings accrued through the use of our bonus funds. It’s more than likely that our bonus bet will lose, but if it wins, it will probably cost us a few pence to rollover.
Assuming our bonus bet loses, and taking into account our qualifying loss of £1.26, this gives us a profit of £2.74 on this BetVictor offer!
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £85,000 worth of profit, and made it my mission to make matched betting accessible to everyone.