Atletico Madrid host Bayern Munich in the Champions League Semi-Finals tonight and you don’t want to miss this Coral offer. Simply place a £20.00 single bet on the Match Odds (W-D-W) market for Atletico Madrid vs Bayern Munich and Coral will give us a £10.00 free bet to be used in play. Translated into matched betting terms, this gives us a guaranteed profit of £7.18 and here’s how…
Qualifying Bet:
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how it should be done.
Qualifying bets must be placed pre-match on the Match Odds (W-D-W) market at minimum odds of 1.50 (1/2) or greater to be eligible for the free bet. Having looked at the odds available, I’ve opted to place my qualifying bet on Bayern Munich.
I like to place my exchange lay bets with Smarkets as they have great liquidity, the site is really easy to use and they only charge 2% commission in comparison to the 5% charged by other betting exchanges.
We can calculate our lay stakes using my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £20.08…
Place £20.00 on Bayern Munich @ 2.45 = Potential profit of £29.00
Lay £20.08 on Bayern Munich @ 2.46 = Potential liability of £29.32
Let’s have a look at our potential profit/loss for the possible outcomes…
| Bayern Munich win | + £29.00 – £29.32 = £0.32 loss |
| Bayern Munich don’t win | – £20.00 + £19.68 = £0.32 loss |
So, regardless of the result of match, we will lose £0.32 in qualifying for our £10.00 free in play bet.
Free Bet:
Our £10.00 free in play bet will be credited upon placement of our qualifying bet and must be used in play on Atletico Madrid v Bayern Munich, which kicks off at 19:45 on Wednesday 27th April 2016. The free bet will expire at 23:59 on Wednesday 27th April 2016.
By using straightforward matched betting, we should be able to extract 75% of our £10.00 free bet as cash, so around £7.50. If we take into account our qualifying loss of £0.32, this gives us a guaranteed profit of £7.18 on this Coral offer!
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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.