Aintree Festival 2018 Offer – Coral

The Aintree Festival 2018 gets underway this afternoon and you don’t want to miss this Money Back Special from Coral! If our horse loses in the 14:20 at Aintree, Coral will refund our stake as a free bet, up to a maximum of £10.00. Translated into matched betting terms, this gives us a guaranteed profit of £5.15 and here’s how…

The Strategy:

If you’re unsure about how to place qualifying bets, check out my Qualifying Bet Strategy page for a walk-through guide on how it should be done.

Qualifying bets must be placed between 18:00 on Wednesday 11th April 2018 and 14:20 (race off) on Thursday 12th April 2018, to be eligible.

Losing stakes are refunded as a free bet, so this is effectively a risk-free offer. We therefore need to select a horse with long odds.

Qualifying Bet:

Having looked at the odds available, we could place our qualifying bet on Beau Gosse.

I like to place my exchange lay bets with Betfair as they have great liquidity in the run up to races and the site is really easy to use.

We can work out our lay stake by using the ‘Risk-Free Bet’ setting on my matched betting calculator. We can enter £7.50 as our ‘Cashback’ figure as this is the amount we can expect to extract (75%) from our £10.00 free bet refund, should our horse lose…

Select bet type

Back Bet (Bookie)

%

Lay Bet (Betting Exchange)

%

Min £
Max £
Lay stake required: £
Bookie
Exchange
Cashback
Total
If back (bookie) bet wins
£
£
£
= £
If lay (exchange) bet wins
£
£
£
= £
Total profit: £

Optimal Underlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

Optimal Overlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

As you can see, the calculator tells us that our lay stake should be £8.15…

Place £10.00 on Beau Gosse @ 17.00 = Potential profit of £160.00

Betfair logo

Lay £8.15 on Beau Gosse @ 20.00 = Potential liability of £154.85

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

Beau Gosse wins + £160.00 – £154.85 = £5.15 profit
Beau Gosse doesn’t win – £10.00 + £7.74 + £7.50 (extract 75% from our £10.00 free bet) = £5.24 profit

So, regardless of the result of the race, we’ll make a guaranteed profit of £5.15 on this Coral offer!

If our selection loses, our free bet will be credited by 12:00 the day after our qualifying bet has been settled. Free bets will be valid on horse racing for 24 hours.

If you’re unsure how to extract 75% cash from a £10.00 free bet, check out my Free Bet Strategy page for a walk-through guide on how it should be done.

* See my Horse Racing Offers page for a full list of money back offers available today! *

* Beau Gosse didn’t win the race, resulting in a profit of £5.24 on this Coral 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.