The football season may have concluded but the profits don’t end there as proven by this Coral offer! Simply place a Win Single £20.00+ bet on any live Channel 4 race on Saturday and get a £10.00 free bet to use on Sunday’s horse racing. Translated into matched betting terms, this gives us a guaranteed profit of £6.50 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.
The terms of the offer state that only bets placed after 08:00 on Saturday morning will qualify for a free bet. It’s entirely up to you which horse you place your qualifying bet on as long as it meets the minimum odds requirement of 2.00 (EVENS).
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 the matched betting calculator.
Aim to lose no more than £1.50 on your qualifying bet
Free Bet:
Our £10.00 free bet will be credited to our accounts by 10:00am on Sunday morning and must be used on horse racing the same day. By using straightforward matched betting, we should be able to extract 80% out of the £10.00 free bet as cash, so £8.00. If we take into account our maximum qualifying loss of £1.50, this gives us a guaranteed profit of £6.50!
If you’re not sure how to extract 80% of the £10.00 free bet, please see my Free Bet Strategy page for a walkthrough guide on how it should be done.
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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.