There’s a big weekend of sporting action to look forward to and Coral are getting in on the action! They’re giving all customers a £1.00 free bet to use on any sports market! Translated into matched betting terms, this gives us a risk-free potential profit of £16.00 and here’s how…
Key Terms:
- We must log in to our Coral account between 00:01 on Friday 5th April 2019 and 18:00 on Saturday 6th April 2019.
- This offer is limited to 100,000 tokens.
- Free bet will be available to use on any market 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. With the Grand National 2019 taking place on Saturday, it would be rude not to try our luck for a decent return. Having looked at the odds available, we could place our free bet on Jury Duty.
Place £1.00 free bet on Jury Duty @ 17.00 = Potential profit of £16.00
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Bookie | Profit/Loss |
|---|---|---|
| Jury Duty wins | +£16.00 | £16.00 profit |
| Jury Duty doesn’t win | -£1.00 free bet | £0.00 |
So, if Jury Duty wins, we’ll make a nice profit of £16.00 on this Coral offer! Any other outcome and we’ve lost our free bet and there’s no harm done.
* Jury Duty failed to win the Grand National, 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.