£17.55
Potential Profit
£17.55
Actual Profit

BetVictor Free Bet Offer – Carl Froch v George Groves


Posted by Matt (administrator) Matt
Start Time: 31/05/2014 21:00

I love the BetVictor free bet offers because their odds are some of the most competitive around.  If Carl Froch or George Groves get knocked out during the big fight, BetVictor will refund all losing bets as a free bet up to £25.00!  Translated into matched betting terms, this gives us a potential profit of £17.55 and here’s how…

As all losing bets are refunded in the event of either fighter being knocked out, it’s entirely up to you which market you place your matched bets on.  Having looked at the odds available, I’ve opted for a George Groves win.

 

Step 1:

betvictor

Place £25.00 on Groves @ 2.25 = Potential profit of £31.25

betfair

Lay £23.73 on Groves @ 2.42 = Potential liability of £33.70

Step 2:

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

 

Groves wins

+£31.25 – £33.70 = £2.45 loss

Groves doesn't win and knockout

-£25.00 + £22.55 + £20.00 (Assumes an 80% return from our £25.00 free bet) = £17.55 profit

Groves doesn't win and no knockout

-£25.00 + £22.55 = £2.45 loss

 

So we will make £17.55 profit if Carl Froch wins by knocking George Groves out!  If Groves wins or there is no knockout, we will make a maximum loss of £2.45, which I’m sure you’ll agree is a risk worth taking as Carl Froch will have a massive point to prove.

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