It’s time for another Coral free bet offer. It’s the US PGA Championship 2014 this week hosted by Valhalla Golf Club in Kentucky. Rory McIlroy won here in 2012 and will be looking for his second major this year to add to his Open title he won last month. Simply place a pre-tournament £10.00+ Win Single bet on the US PGA Championship Outright market and get a free £10.00 in-play bet to use on the same tournament. Translated into matched betting terms, this gives us a minimum guaranteed profit of £6.70 and here’s how…
Qualifying bet:
If you’re new to matched betting, check out my Qualifying Bet Strategy page for a walkthrough guide on how to place qualifying bets. Having looked at the odds available, I’ve decided to place my qualifying bet on Rory McIlroy.
Place £10.00 on Rory McIlroy @ 6.00 = Potential profit of £50.00.
Lay £9.16 on Rory McIlroy @ 6.60 = Potential liability of £51.30
Let’s have a look at our current potential profit/loss for the two outcomes…
| Rory McIlroy wins | +£50.00 – £51.30 = £1.30 loss |
| Rory McIlroy doesn’t win | -£10.00 + £8.70 (£9.16 minus 5% commission) = £1.30 loss |
So regardless of the outcome, we will lose £1.30 in order to claim our £10.00 in-play free bet.
Free Bet:
Our account will be credited with the free bet once the US PGA Championship tees off at 13:00 on Thursday and expires at the end of the tournament on Sunday. By using straightforward matched betting, we should be able to extract at least 80% of the free bet (see my Free Bet Strategy page), so approximately £8.00. If we take into consideration our initial loss of £1.30, we should make a guaranteed minimum profit of £6.70 on this offer.
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £90,000 worth of profit, and made it my mission to make matched betting accessible to everyone.