BetVictor Offer – Champions League Round of 16

It’s another big week of Champions League football and BetVictor are getting in on the action. Place a £25.00+ bet on any of Tuesday’s Champions League matches and BetVictor will give us a £5.00 bonus to use on any Champions League match being played on Wednesday! Translated into matched betting terms, this gives us a guaranteed profit of £2.50 and here’s how…

Qualifying Bet:

If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how it should be done.

To be eligible for this offer, we need to opt in via the “Bonus and Promotions” page within “My account”.

We must place our qualifying bet, pre-match or in play, on any Champions League match being played on Tuesday 23rd February 2016. It’s entirely up to you what you place your qualifying bet on.

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 stakes using the matched betting calculator.

Bonus:

Our £5.00 bonus bet will be credited shortly after our qualifying bet has settled and can be used pre-event or in play as one whole bet or as a number of smaller bets on any Champions League match being played on Wednesday 24th February 2016.

By using straightforward matched betting, we should be able to extract 80% of our £5.00 bonus bet as cash, so around £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 £0.50 or so to rollover. So, taking into account our qualifying loss of £1.00, we will make a profit of £2.50-£3.00 depending on whether our bonus bet wins or loses.