It’s England v Iran at World Cup 2022 on Monday, and you don’t want to miss this Virgin Bet free bet offer! They’re giving selected customers a £1.00 free bet to use on the big match! Translated into matched betting terms, this gives you a potential profit of £7.00 and here’s how…
Key terms
- The promotion is available to selected customers only.
- Available between 11:00 on Thursday 17th November 2022 and 13:00 (kick-off) on Monday 21st November 2022.
- Accept the free bet via the ‘My Bets’ page.
- You’ll receive a £1.00 free bet on England v Iran.
- The free bet stake will not be returned with any winnings.
Free bet
With the free bet being small, I suspect many will be happy to just punt this for a risk-free shot at a decent return.
It’s entirely up to you what you place your free bet on.
Looking at the odds available, you could place your free bet on ‘1:1‘ in the ‘Correct Score‘ market at back odds of 8.00 (7/1).
Place your £1.00 free bet on ‘1:1’ @ 8.00 = Potential profit of £7.00
Outcomes
Let’s look at your profit/loss for the possible outcomes.
| Outcome | Virgin Bet | Profit/Loss |
|---|---|---|
| 1-1 draw | + £7.00 | £7.00 profit |
| Any other outcome | – Free bet | £0.00 |
So, if the match is drawn 1-1, you’ll make a £7.00 profit on this Virgin Bet offer! With any other outcome, you’ve lost your free bet, and there’s no harm done.
* England won the match 6-2, resulting in break-even on this Virgin Bet offer. *
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £60,000 worth of profit, and made it my mission to make matched betting accessible to everyone.