There’s a big day of racing to look forward to on Saturday and Coral are getting in on the action! They’re giving all customers a £1.00 free bet to use on Irish or International horse racing! Translated into matched betting terms, this gives us a risk-free potential profit of £6.50 and here’s how…
Key Terms:
- We must log in to our Coral account between 00:01 and 23:59 on Saturday 9th February 2019.
- This offer is limited to 100,000 tokens.
- Free bet will be available to use on Irish and International horse racing for 7 days.
Free Bet:
With the free bet being so small, I suspect many will be happy to just punt this for a risk-free shot at a decent return.
It’s entirely up to you what you place your free bet on. Having looked at the odds available, we could place our free bet on Maze Runner to win the 14:40 at Naas…
Place £1.00 free bet on Maze Runner @ 7.50 = Potential profit of £6.50
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Bookie | Profit/Loss |
|---|---|---|
| Maze Runner wins | +£6.50 | £6.50 profit |
| Maze Runner doesn’t win | -£1.00 free bet | £0.00 |
So, if Maze Runner wins, we’ll make a nice profit of £6.50 on this Coral offer! Any other outcome and we’ve lost our free bet and there’s no harm done.
* Maze Runner failed to win the race, resulting in break even 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.