A great introductory price boost offer from Coral ahead of the massive Premier League game between Liverpool and Chelsea. Sign up for an account with Coral today and get an enhanced price of 7/2 on Liverpool to beat Chelsea (ordinarily 4/6). Translated into matched betting terms, this equates to a guaranteed minimum profit of £14.71! Of course, you could just sign up and lump £10.00 on Liverpool to win for a £35.00 payday, but for the matched bettors out there, here’s how…
There is a maximum stake of £10.00 and any winnings will be paid out automatically at the enhanced odds of 7/2. By using matched betting you can guarantee yourself a rather nice profit regardless of the outcome.
Place £10.00 on Liverpool @ 4.50 = Potential profit of £35.00
Lay £26.01 on Liverpool @ 1.78 = Potential liability of £20.29
Now let’s have a look at your overall profit/loss for the two outcomes…
Liverpool win | +£35.00 – £20.29 = £14.71 profit |
Liverpool don’t win | -£10.00 + £24.71 (£26.01 minus 5% commission) = £14.71 profit |
So you will make a guaranteed minimum profit of £14.71, regardless of the outcome!
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £70,000 worth of profit, and made it my mission to make matched betting accessible to everyone.