Coral – Millwall v Crystal Palace Offer

It’s Millwall v Crystal Palace in the FA Cup on Saturday, and you don’t want to miss this Coral free bet offer! Place a £5.00+ pre-match bet on Millwall v Crystal Palace, and Coral will give us a £5.00 free bet to use in play. Translated into matched betting terms, this provides us with a profit of £3.24, and here’s how…

Key terms

  • Applies to bets placed between 08:00 on Wednesday 5th January 2022 and kick-off (12:45) on Saturday 8th January 2022.
  • Applies to single or Build Your Bet bets placed on Millwall v Crystal Palace.
  • Minimum stake of £5.00.
  • Minimum odds of 1.50 (1/2).

Qualifying bet

Please see my qualifying bets guide if you’d like more information about them and how they work.

It’s entirely up to you what you place your qualifying bet on.

At the time of writing, Crystal Palace are available in the Match Result market at back odds of 2.00 (evens). The lay odds are currently 2.20.

Either exchange works for this offer

We can calculate our lay stakes using my Matched Betting Calculator

Select bet type

Back Bet (Bookie)

%

Lay Bet (Betting Exchange)

%

Min £
Max £
Lay stake required: £
Bookie
Exchange
Cashback
Total
If back (bookie) bet wins
£
£
£
= £
If lay (exchange) bet wins
£
£
£
= £
Total profit: £

Optimal Underlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

Optimal Overlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

As you can see, the calculator tells us that our lay stake should be £4.59…

Coral logo

Place £5.00 on Crystal Palace @ 2.00 = Potential profit of £5.00

Betfair logo

Lay £4.59 on Crystal Palace @ 2.20 = Potential liability of £5.50

Outcomes

Let’s have a look at our potential profit/loss for the possible outcomes…

OutcomeCoralBetfairProfit/Loss
Crystal Palace win+ £5.00– £5.50£0.50 loss
Crystal Palace lose or draw– £5.00+ £4.49£0.51 loss

So, no matter the outcome, we’ll lose a maximum of £0.51 in qualifying for our £5.00 free bet.

Free bet

Our £5.00 free bet will be credited immediately upon placement of our qualifying bet and valid on any in-play football market for 7 days. Free bet stakes will not be included with any winnings.

Using straightforward matched betting, we should convert our free bet into 75% cash, so £3.75. Considering our maximum qualifying loss of £0.51 gives us a minimum profit of £3.24 on this Coral offer!

* Crystal Palace won the match 2-1, resulting in £3.25 profit on this Coral offer. *

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £60,000 worth of profit, and made it my mission to make matched betting accessible to everyone.