Coral Offer – The US Masters Golf

Coral never let us down when it comes to golf Majors and they’ve done it again with a market-leading US Open offer.  Simply place a pre-tournament £10.00+ Win Single bet on the US Open 5 Place or 6 Place Markets 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 £7.34 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.

Please be aware that you must place your qualifying bet on the 5 Place or 6 Place Outright markets.  It’s entirely up to you which player you go for, but having looked at the odds available, I’ve opted for Rory McIlroy as this gives me the lowest qualifying loss.

Coral logo

Place £10.00 on Rory McIlroy @ 9.00 = Potential profit of £80.00

betfair

Lay £9.84 on Rory McIlroy @ 9.20 = Potential liability of £80.66

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

Rory McIlroy wins +£80.00 – £80.66 = £0.66 loss
Rory McIlroy doesn’t win -£10.00 + £9.34 (£9.84 minus 5% commission) = £0.66 loss

So regardless of the outcome, we will lose £0.66 in order to claim our £10.00 in-play free bet.

Free Bet:

Our account will be credited with the free bet upon placement of our qualifying bet and can be used as soon as the tournament tees off on Thursday 18th June 2015.  It will expire 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 qualifying loss of £0.66, we should make a guaranteed minimum profit of £7.34 on this offer.

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched 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.