It is possible to lock in profit on Bet on Brazil’s Comeback Refund reload, if the team you back goes ahead at any point in the match. Here’s how it works:
1. Place qualifying bets
First, place a £100 qualifying back bet and lay it. The lock in will only be available if the team you back go ahead, so which team you choose is significant.
- The favourite is more likely to take the lead, but the odds for locking in profit will be poorer.
- The underdog is less likely to take the lead, but the odds for locking in profit will be more favourable.
2. Wait for your team to take the lead
If your team don’t take the lead in the match, you can’t lock in profit and will take a qualifying loss. If your team does take the lead at any point, then the reload is triggered and you can lock in profit.
Once your team has taken the lead, you will win a £100 free bet if they ultimately lose the match. This is effectively a free bet on the other team to win the match, because for your team to lose, the other team must win. We can lay this free bet to lock in profit.
3. Lock in profit
To lock in profit after your team has taken the lead, you need to place a second lay bet – this time you will be laying the other team to win the match. So, if you backed team A to win as your qualifying bet, you need to lay team B to win to lock in profit. You can use the manual matched betting calculator to calculate the correct lay stake.
Set bet type to ‘SNR’, since this is a free bet - no deduction should be made from your balance and no stake will be returned. You would expect to take around £80 of value from a £100 free bet, so enter £80 as the back stake and odds of 2.0. This will set the return of your back bet to £80. Now enter the current lay odds and select the exchange market to calculate the amount you should lay and your profits.
Note that you will find better odds if you backed the underdog pre-match, since the pre-match favourites will be seen as more likely to make a comeback.
4. Wait for result
Now that you have placed your second lay bet, you have locked in profit. If the team you originally backed goes on to win or draw the match, your second lay bet will win, earning you instant profit. If the team you originally backed goes on to lose the match, your second lay bet will lose, but you will receive a £100 free bet which you can back and lay to earn profit.