I love the Money-Back Special offers from BetVictor because their odds are some of the most competitive around. If a Penalty is scored during the Chelsea v Galatasaray 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 £18.84! 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 penalty being scored. Having looked at the odds on offer, I’ve opted for a 0-0 draw.
Step 1:
Place £25.00 on 0-0 draw @ 17.00 = Potential profit of £400.00
Lay £25.07 on 0-0 draw @ 17.00 = Potential liability of £401.12
Step 2:
Let’s have a look at our potential profit/loss for the various outcomes…
|
0-0 draw |
+£400.00 – £401.12 = £1.12 loss |
|
Not 0-0 with penalty scored |
-£25.00 + £23.84 + £20.00 (Assumes an 80% return from our £25.00 free bet) = £18.84 profit |
|
Not 0-0 without penalty scored |
-£25.00 + £23.84 = £1.16 loss |
So we will make £18.84 profit if the game doesn’t finish 0-0 and a penalty is scored! If no penalty is scored, we will make a maximum loss of £1.16, which I’m sure you’ll agree is a risk worth taking as the odds of a penalty being awarded are around 3.15.
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £70,000 worth of profit, and made it my mission to make matched betting accessible to everyone.