A great Money-Back Special from Ladbrokes. If Christiano Ronaldo or Lionel Messi score the first goal in Real Madrid v Barcelona, Ladbrokes will refund losing correct scores, first goalscorers and scorecasts in the match, up to £25.00 as a free bet. Translated into matched betting terms, this gives us a potential profit of £18.14! 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 Ronaldo or Messi scoring the first goal of the match. Having looked at the odds on offer, I’ve opted for a 3-1 Real Madrid win.
Step 1:
Place £25.00 on 3-1 Real Madrid @ 17.00 = Potential profit of £400.00
Lay £24.36 on 3-1 Real Madrid @ 17.50 = Potential liability of £401.94
Step 2:
Let’s have a look at our potential profit/loss for the various outcomes…
3-1 Real Madrid + Ronaldo/Messi scores first |
+£400.00 – £401.94 = £1.94 loss |
3-1 Real Madrid + Ronaldo/Messi doesn’t score first |
+£400.00 – £401.94 = £1.94 loss |
Not 3-1 Real Madrid + Ronaldo/Messi scores first |
-£25.00 + £23.14 + £20.00 (Assumes an 80% return from our £25.00 free bet) = £18.14 profit |
Not 3-1 Real Madrid + Ronaldo/Messi doesn’t score first |
-£25.00 + £23.14 = £1.86 loss |
So we will make £18.14 profit if Ronaldo or Messi scores first and the game doesn’t finish 3-1 to Real Madrid! If Ronaldo or Messi don’t score the first goal or if Real Madrid win 3-1, then we stand to lose a maximum of £1.94, which I’m sure you’ll agree is a risk worth taking as the odds of Ronaldo or Messi scoring the first goal are extremely short!
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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.