Coral Offer – Liverpool v Everton

Liverpool host Everton in the FA Cup 3rd Round tonight and you don’t want to miss this Coral offer! Place a £10.00+ bet on any pre-match market for Liverpool v Everton and Coral will give us a £5.00 free bet to be used in play once the match gets underway. Translated into matched betting terms, this gives us a guaranteed profit of £3.13 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 between 06:00 on Thursday 4th January 2018 and 19:55 (kick-off) on Friday 5th January 2018, to be eligible.

Having looked at the odds available, we could place our qualifying bet on Liverpool in the Match Result market.

I like to place my exchange lay bets with Betfair as they have great liquidity and the site is really easy to use.

We can calculate our lay stakes using my matched betting calculator…

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 £9.88…

Place £10.00 on Liverpool @ 1.364 = Potential profit of £3.64

Betfair logo

Lay £9.88 on Liverpool @ 1.43 = Potential liability of £4.24

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

Liverpool win + £3.64 – £4.24 = £0.60 loss
Liverpool don’t win – £10.00 + £9.38 (£9.88 minus 5% commission) = £0.62 loss

So, regardless of the result of the match, we’ll lose a maximum of £0.62 in qualifying for our £5.00 free in play bet.

Free Bet:

Our £5.00 free bet will be credited upon placement of our qualifying bet and must be used in play on Liverpool v Everton, which kicks off at 19:55 tonight (Friday 5th January 2018).

It’s impossible to know what odds will be available until the match has kicked off but by using straightforward matched betting, we should be able to extract 75% out of the £5.00 free bet as cash, so £3.75. If we take into account our maximum qualifying loss of £0.62, this gives us a guaranteed profit of £3.13 on this Coral offer!

* Liverpool won the match 2-1, resulting in a profit of £3.15 on this Coral offer. *

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £70,000 worth of profit, and made it my mission to make matched betting accessible to everyone.