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Coral Price Boost – England to Win Group B

England face Russia in their opening Euro 2016 match tonight and Coral are running a price boost fitting of the occasion! They’re enhancing England to win Group B from 4/5 to a tasty 5/2 for a limited time only. Translated into matched betting terms, this gives us a guaranteed profit of £8.37 and here’s how…

Price Boost:

There is a maximum stake of £10.00 and the price may not hang around!

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 £19.34…

coral

Place £10.00 on England to Win Group B @ 3.50 = Potential profit of £25.00

betfair

Lay £19.34 on England to Win Group B @ 1.86 = Potential liability of £16.63

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

England win Group B + £25.00 – £16.63 = £8.37 profit
England don’t win Group B – £10.00 + £18.37 (£19.34 minus 2% commission) = £8.37 profit

So regardless of who wins Group B, we will make a guaranteed profit of £8.37 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.