Shrewsbury host West Ham in the FA Cup 3rd Round on Sunday and you don’t want to miss this Coral offer! Place a £10.00+ bet on any pre-match market for Shrewsbury v West Ham 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 £3.25 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 Saturday 6th January 2018 and 14:00 (kick-off) on Sunday 7th January 2018, to be eligible.
At the time of writing, the lay odds aren’t quite tight enough, so I’ll use fictional odds for West Ham in the following example and we should be able to get something similar closer to kick-off.
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…
As you can see, the calculator tells us that our lay stake should be £10.00…
Place £10.00 on West Ham @ 2.05 = Potential profit of £10.50
Lay £10.00 on West Ham @ 2.10 = Potential liability of £11.00
Let’s have a look at our potential profit/loss for the possible outcomes…
| West Ham win | + £10.50 – £11.00 = £0.50 loss |
| West Ham don’t win | – £10.00 + £9.50 (£10.00 minus 5% commission) = £0.50 loss |
So, regardless of the result of the match, we’ll lose £0.50 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 Shrewsbury v West Ham, which kicks off at 14:00 on Sunday 7th 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 qualifying loss of £0.50, this gives us a guaranteed profit of £3.25 on this Coral 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.