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.
Place £25.00 on 2-0 Italy @ 15.00 = Potential profit of £350.00
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
Since 2014, I’ve blogged over £70,000 worth of profit, and made it my mission to make matched betting accessible to everyone.