£19.53
Potential Profit
£19.53
Actual Profit

Russia v Saudi Arabia Offer – Coral


Posted by Matt (administrator) Matt
Start Time: 14/06/2018 16:00

It’s Russia v Saudi Arabia in the opening match of the World Cup 2018 on Thursday and Coral are getting in on the action. Simply bet £10.00+ on Russia to beat Saudi Arabia and Coral will give us a £5.00 free bet for every goal they score. Translated into matched betting terms, this gives us a potential profit of £19.53 and here’s how…

Banner showing the Russia v Saudi Arabia offer from Coral

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 Wednesday 13th June 2018 and 16:00 (kick-off) on Thursday 14th June 2018, to be eligible.

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 £9.72…

Coral Logo

Place £10.00 on Russia @ 1.40 = Potential profit of £4.00

Smarkets logo

Lay £9.72 on Russia @ 1.46 = Potential liability of £4.47

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

Russia win+ £4.00 – £4.47 = £0.47 loss
Russia don't win-£10.00 + £9.52 (£9.72 minus 2% commission) = £0.48 loss

So, regardless of the outcome, we’ll lose a maximum of £0.48 in qualifying for our potential free bets.

Free Bets:

For every goal that Russia score, we’ll receive a £5.00 free bet within 24 hours of the final whistle, up to a maximum total of £25.00. Free bets will be valid for 24 hours and free bet stakes are not included in any returns.

If Russia score five goals, we’ll receive £25.00 in free bets. By using straightforward matched betting, we should be able to extract 80% of any free bets as cash, so £20.00. If we take into account our minimum qualifying loss of £0.47, this gives us a potential profit of £19.53 on this Coral offer!

* Russia won the match 5-0, resulting in a profit of £19.53 on this Coral offer. *

Comments


  1. matchedbet12345

    hopefully get 3 more in the second half

  2. matchedbet12345

    coral are regretting this offer right about now….. 😀

    1. Mark

      Very true! Great start to matched betting on it though eh 😀

  3. Josh B

    Has anyone received their free bets yet?

  4. Chris

    Nice but why have I only got 3 free bets of 5 pounds and five !,

  5. mark

    mine have just arrived 5 x £5 as promised.

  6. Filip

    I didn’t get my free bets. Maybe cos I deposited with paypal.

  7. Filip

    Update. Got them now. Buzzing

  8. Mark

    Be warned guys, 1 day expiry, don’t lose these beauties!

  9. Don

    Do I have to put the bets on games that are tomorrow or if I put my free bets on tonight can I pick games later on as well?

  10. matchedbet12345

    i put them all on a horse at 9/9 so getting pretty much £4.50 per bet back

  11. mark

    I divided them up, 3 on one world cup game, 2 on another.

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