£10.96
Potential Profit
£6.96
Actual Profit

Man Utd v PSG Offer – Coral


Posted by Matt (administrator) Matt
Start Time: 12/02/2019 20:00

It’s Man Utd v PSG on Tuesday night and Coral are getting in on the action. Simply bet £10.00+ on Man Utd or PSG to win and Coral will give us a £5.00 free bet for every goal scored in the match. Translated into matched betting terms, this gives us a potential profit of £10.96 and here’s how…

Banner showing the Man Utd v PSG offer from Coral

Key Terms:

  • Qualifying bets must be placed between 00:01 on Monday 11th February 2019 and 20:00 (kick-off) on Tuesday 12th February 2019.
  • We must bet £10.00+ on Man Utd or PSG in the Match Result market.
  • £5.00 free bet for every goal scored 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.

It’s entirely up to you which team you go for. Having looked at the odds available, we could place our qualifying bet on Man Utd.

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 £9.15…

Coral logo

Place £10.00 on Man Utd @ 2.25 = Potential profit of £12.50

Smarkets logo

Lay £9.15 on Man Utd @ 2.48 = Potential liability of £13.54

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

OutcomeBookieExchangeProfit/Loss
Man Utd win+£12.50-£13.54£1.04 loss
Man Utd don't win-£10.00+£8.96£1.04 loss

So, regardless of the outcome, we’ll lose £1.04 in qualifying for our potential free bets.

Free Bets:

For every goal scored 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 three or more goals are scored 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 qualifying loss of £1.04, this gives us a potential profit of £10.96 on this Coral offer!

* PSG won the match 2-0, resulting in a profit of £6.96 on this Coral offer. *

Comments


  1. AK

    Guest user

    Is it just me or are you guys only getting 2 pound free bets for these offers?

    +0
    Reply
    1. Matt

      78

      The free bet value varies per customer AK.

      +0
      Reply
  2. Jono

    Guest user

    Having recently been gubbed by Coral. They quickly started to reduce my free bets on the football from £5 to £2 and then on the Rubgy six nations offers.
    Eventually they gubbed and stake restricted to £5 with no BOG offers and can no longer take part in free bet promos. Was placing fairly regular mug bets on premier league and horses and doing gradual withdrawals rather than straight away. In hind sight I would have laid off the offers a bit and maybe did £5 / £10 over the offer minimum terms. You live and learn.

    +0
    Reply
  3. Mac

    Guest user

    even without logging into the coral account they are only offering £2

    +0
    Reply
    1. Matt

      78

      Clearing your cache would have shown you the £5.00 version Mac. You need to log in to see which version is available to you.

      +0
      Reply

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