It’s time for another Coral free bet offer. Place a pre-match £10.00 Win Single bet on Barcelona v Atletico Madrid on Saturday 17th May at odds of 1/2 (1.5) or greater on any market and get a £10.00 free bet to use on next weekend’s Champions League final between Real Madrid & Atletico Madrid in Portugal. Translated into matched betting terms, this gives us a minimum guaranteed profit of £7.40. And here’s how…
Step 1:
The terms and conditions of the Coral free bet offer state that our qualifying bet must be placed at minimum odds of 1.50. With this is mind, it’s probably a good idea to stick to the match odds market (1X2). Having looked at the odds on offer, I’ve decided to go for a Barcelona win.
Place £10.00 on Barcelona @ 1.85 = Potential profit of £8.50
Lay £9.89 on Barcelona @ 1.92 = Potential liability of £9.10
Let’s have a look at our potential profit/loss for the two outcomes…
| Barcelona win | +£8.50 – £9.10 = £0.60 loss |
| Barcelona don’t win | -£10.00 + £9.40 = £0.60 loss |
So regardless of the result we will lose £0.60 in order to claim our free £10.00 bet.
Step 2:
By using straightforward matched betting, we should be able to extract at least 80% of the £10.00 free bet, so approximately £8.00. If we take into consideration our initial loss of £0.60, we should make a minimum profit of £7.40 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.