Coral Offer – Vautour 2.05 Ascot

Vautour runs in the 2.05 at Ascot on Saturday and Coral are enhancing him from 1/3 to EVENS for a limited time only. The offer goes live at 08:30 on Saturday morning and there’s a maximum stake of £10.00. Translated into matched betting terms, this gives us a guaranteed profit of £4.41 and here’s how…

This price will NOT hang around. It is offered from 08:30 on Saturday 21st November on a strictly ‘first-come, first served’ basis and once it’s gone, it’s gone.

We can work out our lay stake using the following calculator…

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 £14.71…

coral

Place £10.00 on Vautour @ 2.00 = Potential profit of £10.00

smarkets white

Lay £14.71 on Vautour @ 1.38 = Potential liability of £5.59

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

Vautour wins +£10.00 – £5.59 = £4.41 profit
Vautour doesn’t win -£10.00 + £14.41 (£14.71 minus 2% commission) = £4.41 profit

So regardless of the result of the race, we will make a guaranteed profit of £4.41 on this Coral price boost.

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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.