The World Cup is almost here and so it’s time for a Coral free bet offer to get the party started. Place £25.00 on the Outright Winner market at the World Cup 2014 and if Brazil or Argentina win the Cup, Coral will give us our money back as a free bet up to a maximum of £25.00. Translated into matched betting terms, this gives us a potential risk-free profit of £17.41 and here’s how…
We obviously can’t place our bet on Brazil or Argentina because we need to our bet to have lost in the event that Brazil or Argentina win the World Cup. This realistically leaves us with Germany and Spain because the other nations will cost too much to lay at the betting exchange due to their long odds. Having looked at the odds on offer, I’ve opted to place my bet on Spain.
Step 1:
Place £25.00 on Spain @ 7.50 = Potential profit of £162.50
Lay £23.58 on Spain @ 8.00 = Potential liability of £165.06
Step 2:
Let’s have a look at our potential profit/loss for the three outcomes…
| Spain win | +£162.50 – £165.06 = £2.56 loss |
| Brazil or Argentina win | -£25.00 + £22.41 + £20.00 (extract 80% from our £25.00 free bet) = £17.41 profit |
| Other nation wins | -£25.00 + £22.41 = £2.59 loss |
So we will make £17.41 profit if Brazil or Argentina win the World Cup. 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 Brazil or Argentina don’t win the World Cup, then we will lose a maximum of £2.59 on this offer. That’s a risk we should be willing to take as every World Cup to date that has been held in South America has been won by a South American nation!
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £85,000 worth of profit, and made it my mission to make matched betting accessible to everyone.