Another great in-play offer from Coral. Place a £10.00 pre-tournament outright bet on the Abu Dhabi HSBC Championship and Coral will give you a FREE £10.00 bet to use in-play on the tournament. Translated into matched betting terms, this gives us a potential profit of £7.12. And here’s how…
Step 1:
Having looked at the odds available, I’ve decided to place my bet on Sergio Garcia to win.
Place £10.00 on Sergio Garcia @ Coral @ 10.00 = Potential profit of £90.00.
Lay £9.57 on Sergio Garcia @ Betfair @ 10.50 = Potential liability of £90.92.
Step 2:
Let’s have a look at our current potential profit/loss for the two outcomes…
| Sergio Garcia wins | +£90.00 – £90.92 = -£0.92 |
| Sergio Garcia doesn’t win | -£10.00 + £9.09 (£9.57 minus 5% commission) = -£0.91 |
So regardless of the outcome, we will lose a maximum of £0.92 in order to claim our free £10.00 in-play bet.
Step 3:
Our account will be credited with the free bet at 3:21am and expires at the end of the tournament. By using straightforward matched betting, we should be able to extract at least 80% of the free bet, so approximately £8.00. If we take into consideration our initial maximum loss of £0.92, we should make a minimum profit of £7.08 on this offer.
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £100,000 worth of profit, and made it my mission to make matched betting accessible to everyone.