£11.06
Potential Profit
£-0.95
Actual Profit

Croatia v England Offer – Coral


Posted by Matt (administrator) Matt
Start Time: 12/10/2018 19:45

It’s Croatia v England on Friday and Coral are getting in on the action. Simply bet £10.00+ on England to win and Coral will give us a £5.00 free bet for every goal they score in the match. Translated into matched betting terms, this gives us a potential profit of £11.06 and here’s how…

Banner showing the Croatia v England offer from Coral

Key Terms:

  • Qualifying bets must be placed between 00:01 on Thursday 11th October 2018 and 19:45 (kick-off) on Friday 12th October 2018.
  • We must bet £10.00+ on England in the Match Result market.
  • £5.00 free bet for every goal England score in the match, up to a maximum total of £15.00.

Qualifying Bet:

If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how they should be done.

At the time of writing, laying our bet at Smarkets gives us the smallest qualifying loss.

We can calculate our lay stake using my matched betting 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 £9.24…

Coral logo

Place £10.00 on England @ 2.80 = Potential profit of £18.00

Smarkets logo

Lay £9.24 on England @ 3.05 = Potential liability of £18.94

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

England win + £18.00 – £18.94 = £0.94 loss
England don't win - £10.00 + £9.05 (£9.24 minus 2% commission) = £0.95 loss

So, regardless of the outcome, we’ll lose a maximum of £0.95 in qualifying for our potential free bets.

Free Bets:

For every goal England score in the match, we’ll receive a £5.00 free bet within 24 hours of the final whistle, up to a maximum total of £15.00. Free bets will be valid for 7 days and free bet stakes are not included in any returns.

If England score three or more goals in the match, we’ll receive £15.00 in free bets.

By using straightforward matched betting, we should be able to extract 80% cash from our £15.00 in free bets, so £12.00. If we take into account our minimum qualifying loss of £0.94, this gives us a potential profit of £11.06 on this Coral offer!

* The match was drawn 0-0, resulting in a loss of £0.95 on this Coral offer. *

Comments


  1. Mark

    Promo says bet on England and crap odds with Coral.

  2. John T

    Mine is bet on England; and £2 per England goal only….

    1. Matt

      Thanks guys, post updated.

  3. John

    The coral website is showing £2 per England goal.

    1. Matt

      That’s specific to your account John. The general offer is £5.00 per England goal.

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