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 Chelsea v Arsenal match, BetVictor will refund losing Correct Score, First/Last/Anytime Goalscorer, Scorecast & Half-Time/Full-Time bets on that particular match as a FREE BET up to £25.00. Translated into matched betting terms, this gives us a potential profit of £17.98! 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 @ 7.50 = Potential profit of £162.50
Lay £24.19 on 1-1 draw @ 7.80 = Potential liability of £164.49
Step 2:
Let’s have a look at our potential profit/loss for the various outcomes…
|
1-1 draw |
+£162.50 – £164.49 = £1.99 loss |
|
Not 1-1 draw with red card |
-£25.00 + £22.98 + £20.00 (Assumes an 80% return from our £25.00 free bet) = £17.98 profit |
|
Not 1-1 draw without red card |
-£25.00 + £22.98 = £2.02 loss |
So we will make £17.98 profit if the game doesn’t finish 1-1 and a red card is shown! If no red card is shown, we will make a maximum loss of £2.02, which I’m sure you’ll agree is a risk worth taking as the odds of a red card being shown are around 3.45.
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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.