With the World Cup knockout stage starting on Saturday why not cash in with a fantastic in-play Coral free bet offer. Simply place a £10.00 Win Single bet on the Newcastle Northumberland Plate and get a free £10.00 bet to use on any IN-PLAY market for the 2014 World Cup. . Translated into matched betting terms, this gives us a minimum guaranteed profit of £6.64 and here’s how…
Qualifying bet:
If you’re new to matched betting, check out my Qualifying Bet Strategy page for a walkthrough guide on how to place qualifying bets. Having looked at the odds available, I’ve decided to place my qualifying bet on Totalize to win.
Place £10.00 on Totalize @ 15.00 = Potential profit of £140.00
Lay £9.12 on Totalize @ 16.50 = Potential liability of £141.36
Let’s have a look at our current potential profit/loss for the two outcomes…
Totalize wins | +£140.00 – £141.36 = £1.36 loss |
Totalize doesn’t win | -£10.00 + £8.66 (£9.12 minus 5% commission) = £1.34 loss |
So regardless of the outcome, we will lose a maximum of £1.36 in order to claim our £10.00 free bet.
Free Bet:
Our account will be credited with the free bet immediately and expires at the end of the World Cup. By using straightforward matched betting, we should be able to extract at least 80% of the free bet (see my Free Bet Strategy page), so approximately £8.00. If we take into consideration our initial maximum loss of £1.36, we should make a guaranteed minimum profit of £6.64 on this 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.