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Coral Offer – Tottenham v Arsenal

It’s the biggest North London derby in history and Coral are running a great price boost on the action. They’re enhancing both teams to score from 8/13 to a tasty 2/1 for a limited time only. The offer goes live at 11:00 this morning and there’s a maximum stake of £10.00. Translated into matched betting terms, this gives us a guaranteed profit of £7.40 and here’s how…

This price will NOT hang around. It is offered from 11:00 this morning (Saturday 5th March 2016) on a strictly ‘first-come, first served’ basis and once it’s gone, it’s gone.

We can work out our lay stake using the following 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 £17.75…

coral

Place £10.00 on ‘Both Teams to Score – YES’ @ 3.00 = Potential profit of £20.00

smarkets white

Lay £17.75 on ‘Both Teams to Score – YES’ @ 1.71 = Potential liability of £12.60

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

Both teams score + £20.00 – £12.60 = £7.40 profit
Someone keeps a clean sheet -£10.00 + £17.40 (£17.75 minus 2% commission) = £7.40 profit

So regardless of whether both teams score or not, we will make a guaranteed profit of £7.40 on this Coral price boost.

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Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £100,000 worth of profit, and made it my mission to make matched betting accessible to everyone.