It’s the FA Cup Final 2018 at Wembley on Saturday and Coral are getting in on the action. Simply bet £10.00+ on Chelsea or Man Utd to win in 90 minutes and Coral will give us a £5.00 free bet every time they score. Translated into matched betting terms, this gives us a potential profit of £13.69 and here’s how…
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.
Qualifying bets must be placed between 00:01 on Friday 18th May 2018 and 17:15 (kick-off) on Saturday 19th May 2018, to be eligible.
It’s entirely up to you which team you place your qualifying bet on. Having looked at the odds available, we could place our qualifying bet on Man Utd.
I like to place my exchange lay bets with Betfair as they have great liquidity and the site is really easy to use.
We can calculate our lay stake using my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £9.15…
Place £10.00 on Man Utd @ 2.625 = Potential profit of £16.25
Lay £9.15 on Man Utd @ 2.92 = Potential liability of £17.56
Let’s have a look at our potential profit/loss for the two outcomes…
| Man Utd win | + £16.25 – £17.56 = £1.31 loss |
| Man Utd don’t win | -£10.00 + £8.69 (£9.15 minus 5% commission) = £1.31 loss |
So, regardless of the outcome, we’ll lose £1.31 in qualifying for our potential free bets.
Free Bets:
For every goal that Man Utd score in 90 minutes, we’ll receive a £5.00 free bet within 24 hours of the final whistle. Free bets will be valid for 24 hours and free bet stakes are not included with any returns.
If Man Utd score four goals, we’ll receive £20.00 in free bets. By using straightforward matched betting, we should be able to extract 75% of any free bets as cash, so £15.00. If we take into account our qualifying loss of £1.31, this gives us a potential profit of £13.69 on this Coral offer!
* Chelsea won the match 1-0, resulting in a loss of £1.31 on this Coral offer. *
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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.