Coral – Premier League Offer

It’s a big Sunday of Premier League football, and Coral are getting in on the action! Place a £1.00+ Build Your Bet on any Sunday Premier League match, and Coral will match our stake as a free bet up to £5.00 to use on the Super Bowl 2022. Translated into matched betting terms, this gives us a profit of £3.15 and here’s how…

Key terms

  • Applies to bets placed between 18:00 on Saturday 12th February 2022 and 16:30 on Sunday 13th February 2022.
  • Applies to Build Your Bets placed on any Premier League match, taking place on Sunday 13th February 2022.
  • Minimum stake of £1.00.
  • Matched free bet up to £5.00.

Qualifying bet

It’s entirely up to you how you play this offer.

We could take a speculative approach and not lay our Build Your Bet. We know that by using straightforward matched betting, we should convert our £5.00 free bet into 80% cash, so £4.00. That means the most we can lose on this offer is £1.00 and we could make a nice profit.

We can lock in a fixed profit if we lay our qualifying bet.

So, looking at the selections available for Leicester v West Ham (16:30), we could place our qualifying bet on Match Betting – West Ham / Total Goals – Over 2.5 Goals at back odds of 3.25 (9/4). The lay odds are currently 3.85.

Either exchange works for this offer

Betfair and Smarkets are both great options for this offer. If you’ve not used one of them, now is a great time to give them a try.

  • Money back as cash up to £20
  • 0% commission for 60 days

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 £4.24…

Coral logo

Place £5.00 on ‘West Ham / Over 2.5 Goals’ @ 3.25 = Potential profit of £11.25

Betfair logo

Lay £4.24 on ‘West Ham/Over 2.5 Goals’ @ 3.85 = Potential liability of £12.08

Outcomes

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

OutcomeCoralBetfairProfit/Loss
West Ham win and
over 2.5 goals
+ £11.25– £12.08£0.83 loss
Any other outcome– £5.00+ £4.15£0.85 loss

So, no matter the outcome, we’ll lose a maximum of £0.85 in qualifying for our £5.00 free bet.

Free bet

Our matched free bet will be credited by 18:00 on Sunday 13th February 2022 and valid on the Super Bowl 2022 (starts at 23:30 the same day). The free bet stake will not be returned with any winnings.

Using straightforward matched betting, we should convert our £5.00 free bet into 80% cash, so £4.00. Considering our maximum qualifying loss of £0.85 gives us a profit of £3.15 on this Coral offer!

* Leicester drew 2-2 with West Ham, resulting in £3.15 profit on this Coral offer. *

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched 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.