£7.54
Potential Profit
£-0.46
Actual Profit

BetVictor West Brom v Everton Game of the Day Offer


Posted by Matt (administrator) Matt
Start Time: 20/01/2014 8:00pm

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  West Brom v Everton 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 £7.54!  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 2-0 Everton win.

 

Step 1:

Place £10.00 on 2-0 Everton @ BetVictor @ 11.50 = Potential profit of £105.00.

Lay £10.04 on 2-0 Everton @ Betfair @ 11.50 = Potential liability of £105.42.

Step 2:

Let’s have a look at our potential profit/loss for the various outcomes…

 

2-0 Everton£105.00 – £105.42 = £0.42 loss
Not 2-0 Everton with penalty scored-£10.00 + £9.54 + £8.00 (Assumes an 80% return from our £10.00 free bet) = £7.54 profit
Not 2-0 Everton without penalty scored-£10.00 + £9.54 = £0.46 loss

 

So we will win £7.54 if the game doesn’t finish 2-0 to Everton and there is a penalty scored!  If no penalty is scored, we will make a maximum loss of £0.46, which I’m sure you’ll agree is a risk worth taking as the odds of a penalty being awarded are around 4.10.

 

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