Today’s matched betting opportunity is using Victor Chandler‘s £50.00 Free Bet offer to give you a guaranteed profit of £28.05! In this matched bet, we use Victor Chandler and Betfair to make our profit. If you’ve never registered an account at Victor Chandler before, then you can register to get the free bet and therefore make some profit. Read on to find how to place this no risk bet!
Step 1 – Register a Betfair Account
If you haven’t already done so, register for a free account with Betfair. They give you a completely no risk free bet of £25, so check out the Befair free bet details to find out how you can profit from this free bet.
Make sure you use the Refer and Earn Code BET636 to get your free bet.
Step 2 – Register a Victor Chandler account
Victor Chandler are currently offering a free bet of £50.00 when you deposit £50.00, and then place a bet of £50.00 (read more details about the free bet). So register for the account, and just deposit £50.00.
To make things easier, change the setting on Victor Chandler to show decimal odds rather than fractional odds.
Step 3 – Getting our free bet – The Qualifying Bet
Now that we have the betting accounts all registered, we’re ready to place our qualifying bet. This is the bet we need to place in order to trigger Victor Chandler to give us a free bet, which we then use to make our profit from. Victor Chandler requires us to bet at odds of 2.0 or better (otherwise called evens) in order to qualify for the free bet.
This is the first match we’re interested in:
- BACK Aston Villa to win at Victor Chandler with £50.00 at odds of 2.05
- LAY Aston Villa at Betfair with £48.58 at odds of 2.16. To place this bet, hit the lay button, then enter £48.58 into the stake box, this will then show a liability of £56.35 .
- You will need £56.35 in your Betfair account to cover this liability, plus your stake of £48.58, which means you need a total of £56.35 in your Betfair account for this bet.
- In summary, the total amount of money you need to use is £106.35 (£50.00 at Victor Chandler + £56.35 at Betfair).
- This bet gives you a £3.85 loss.
You’ve now made a £3.85 loss but a £50.00 bet will be shortly be credited to your account at Victor Chandler. So with this £50.00 free bet, we are now going to turn it into withdrawable cash.
Step 4 – The Guaranteed Profit Bet
Now that we’ve qualified for our £50.00 free bet, we want to turn that bet into cash that we can withdraw. This is the second match that we’re interested in:
- BACK the Draw to win at Victor Chandler with £50.00 at odds of 3.25
- LAY the Draw at Betfair with £33.58 at odds of 3.4. To place this bet, hit the lay button, then enter £33.58 into the stake box, this will then show a liability of £80.60 .
- You will need £80.60 in your Betfair account to cover this liability, plus your stake of £33.58, which means you need a total of £80.60 in your Betfair account for this bet.
- In summary, the total amount of money you need to use is £130.60 (The free bet of £50.00 at Victor Chandler + £80.60 at Betfair).
- This bet gives you a £31.90 profit.
If the odds have changed, leave a comment and we’ll update the bets ASAP!
