£6.65
Potential Profit
£6.65
Actual Profit

Coral Premier League Free Bet Offer


Posted by Matt (administrator) Matt
Start Time: 08/02/2014 12:45

Another great free bet offer from Coral.  Place a pre-match £10.00 Win Single bet on Liverpool v Arsenal, Chelsea v Newcastle and Swansea v Cardiff at odds of 1/5 (1.2) or greater on any market and get a £10.00 free bet to use on any of Sunday’s football matches.  Translated into matched betting terms, this gives us a guaranteed minimum profit of £6.65.  And here’s how…

 

Step 1:

The terms and conditions state that our qualifying bets must be at minimum odds of 1.20.  With this in mind and having looked at the odds available, I’ve decided to place my bets on a home win in each of the three matches.

Back Liverpool @ 2.25          Lay Liverpool @ 2.28          Loses £0.41

Back Chelsea @ 1.25          Lay Chelsea @1.26          Loses £0.19

Back Swansea @1.95          Lay Swansea @1.95          Loses £0.25

 

Step 2:

Our account will be credited with the free bet by 08:00 on Sunday.  By using straightforward matched betting, we should be able to extract at least 75% of this free bet, so approximately £7.50.  If we take into consideration our initial loss of £0.85, we should make around £6.65 profit on this offer.

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