The Ryder Cup 2018 takes place this weekend and you don’t want to miss this Coral ‘Bet £10, Get £5’ offer! Place a bet of £10.00+ on any pre-tournament Ryder Cup market and Coral will give us a £5.00 free bet to use once the tournament gets underway. Translated into matched betting terms, this gives us a guaranteed profit of £3.26 and here’s how…
Key Terms:
- Minimum stake of £10.00 required.
- There are no minimum odds required for this offer.
- Qualifying bets must be placed between 09:00 on Tuesday 25th September 2018 and 07:10 (tee-off) on Friday 28th September 2018.
Qualifying Bet:
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how it should be done.
Having looked at the odds available, we could place our qualifying bet on Europe to win.
At the time of writing, laying our bet at Smarkets gives us the smallest qualifying loss.
We can calculate our lay stakes using my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £9.45…
Place £10.00 on Europe @ 2.25 = Potential profit of £12.50
Lay £9.45 on Europe @ 2.40 = Potential liability of £13.23
Let’s have a look at our potential profit/loss for the possible outcomes…
| Europe win | + £12.50 – £13.23 = £0.73 loss |
| Europe don’t win | – £10.00 + £9.26 (£9.45 minus 2% commission) = £0.74 loss |
So, regardless of the outcome, we’ll lose a maximum of £0.74 in qualifying for our £5.00 free bet.
Free Bet:
Our £5.00 free bet will be credited upon placement of our qualifying bet and will be available to use once the contest tees off at 07:10 on Friday 28th September 2018. Free bet stakes are not included in any returns.
By using straightforward matched betting, we should be able to extract 80% cash from our £5.00 free bet, so £4.00. If we take into account our maximum qualifying loss of £0.74, this gives us a guaranteed profit of £3.26 on this Coral offer!
* Europe won the Ryder Cup 2018 by a score of 17.5-10.5, resulting in a profit of £3.27 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.