Coral Free Bet Offer – England v Italy

It’s Coral free bet offer time!  Simply place £25.00 on the England v Italy match and if England win, Coral will refund losing first goalscorer, last goalscorer and correct score bets as a free bet up to £25.00.  Translated into matched betting terms, this gives us a potential profit of £16.02 and here’s how…

Qualifying Bet:

If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walkthrough guide on how to place your qualifying bets.

Whenever I do these BetVictor free bet 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 scoreline that isn’t an England win.  This ensures that if England win the match, we will automatically qualify for a free bet refund as our qualifying bet will have lost.  It’s entirely up to you which score you go for.  Having looked at the odds available, I’ve opted for a 2-0 Italy win.

Coral logo

Place £25.00 on 2-0 Italy @ 15.00 = Potential profit of £350.00

betfair

Lay £22.12 on 2-0 Italy @ 17.00 = Potential liability of £353.92

Step 2:

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

 

2-0 Italy +£350.00 – £353.92 = £3.92 loss
Not 2-0 Italy and England win -£25.00 + £21.02 + £20.00 (extract 80% from our £25.00 free bet) = £16.02 profit
Not 2-0 Italy and England don’t win -£25.00 + £21.02 = £3.98 loss

 

So we will make £16.02 profit if England beat Italy.  If you are wondering how we extract 80% of our free bet, please check out my Free Bet Strategy page for a walkthrough guide.

If England don’t beat Italy, then we will lose a maximum of £3.98 on this offer.  That’s a risk we should be willing to take as the odds on an England victory are currently around 2.82.

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £70,000 worth of profit, and made it my mission to make matched betting accessible to everyone.