It’s Wolves v Man City in Saturday’s early kick-off and Coral are getting in on the action. Simply bet £10.00+ on Man City to win 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 £11.62 and here’s how…
Key Terms:
- Qualifying bets must be placed between 00:01 on Friday 24th August 2018 and 12:30 (kick-off) on Saturday 25th August 2018.
- We must bet £10.00+ on Man City in the Match Result market.
- £5.00 free bet for every Man City goal, 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.
With the odds on Man City being so short, it’s probably best to stake more than the minimum £10.00.
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…
As you can see, the calculator tells us that our lay stake should be £25.12…
Place £25.00 on Man City @ 1.286 = Potential profit of £7.15
Lay £25.12 on Man City @ 1.30 = Potential liability of £7.53
Let’s have a look at our potential profit/loss for the two outcomes…
| Man City win | + £7.15 – £7.53 = £0.38 loss |
| Man City don’t win | -£25.00 + £24.61 (£25.12 minus 2% commission) = £0.39 loss |
So, regardless of the outcome, we’ll lose a maximum of £0.39 in qualifying for our potential free bets.
Free Bets:
For every goal that Man City score, 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 24 hours and free bet stakes are not included in any returns.
If Man City score three or more goals, 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 £0.38, this gives us a potential profit of £11.62 on this Coral offer!
* The match was drawn 1-1, resulting in a profit of £3.61 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.