NEW CUSTOMER OFFER – Crazy Cheltenham Price Boost – Quevega 4/1

A great introductory price boost offer from Coral ahead of the Cheltenham Festival.  Sign up for an account with Coral today and get an enhanced price of 4/1 on Quevega to win the OLBG Mares’ Hurdle at the Cheltenham Festival on Tuesday 11th March.  Translated into matched betting terms, this equates to a guaranteed minimum profit of £15.67!  And here’s how…

There is a maximum stake of £10.00 and any winnings will be paid out automatically at the enhanced odds of 4/1.  By using matched betting you can guarantee yourself a rather nice profit regardless of the outcome of the race.

coral Place £10.00 on Quevega @ 5.00 = Potential profit of £40.00

betfair Lay £27.03 on Quevega @ 1.90 = Potential liability of £24.33

Now let’s have a look at your overall profit/loss for the two outcomes…

 

Quevega wins

+£40.00 – £24.33 = £15.67 profit

Quevega doesn’t win

-£10.00 + £25.68 (£27.03 minus 5% commission) = £15.68 profit

 

So you will make a guaranteed minimum profit of £15.67, regardless of the race result!

Got a question?
Leave me a comment below

I usually respond within 24 hours.

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.