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…
As you can see, the calculator tells us that our lay stake should be £19.34…
Place £10.00 on England to Win Group B @ 3.50 = Potential profit of £25.00
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 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.