I love the Money-Back Special offers from BetVictor because their odds are some of the most competitive around. If a red card is shown at any time during the Olympiakos v Manchester United match, BetVictor will refund losing Correct Score, First/Last/Anytime Goalscorer, Scorecast & Half-Time/Full-Time bets as a FREE BET up to £25.00. Translated into matched betting terms, this gives us a potential profit of £17.62! And here’s how…
Whenever I do these Money-Back Special 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 1-1 draw.
Step 1:
Place £25.00 on 1-1 draw @ BetVictor @ 7.00 = Potential profit of £150.00.
Lay £23.81 on 1-1 draw @ Betfair @ 7.40 = Potential liability of £152.38.
Step 2:
Let’s have a look at our potential profit/loss for the various outcomes…
|
1-1 draw |
£150.00 – £152.38 = £2.38 loss |
|
Not 1-1 draw with red card |
-£25.00 + £22.62 + £20.00 (Assumes an 80% return from our £25.00 free bet) = £17.62 profit |
|
Not 1-1 draw without red card |
-£25.00 + £22.62 = £2.38 loss |
So we will win £17.62 if the game doesn’t finish 1-1 and a red card is shown! If no red card is shown, we will make a loss of £2.38, which I’m sure you’ll agree is a risk worth taking as the odds of a red card being shown are around 3.90.
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £100,000 worth of profit, and made it my mission to make matched betting accessible to everyone.