Coral – Bet £5 Pre-Match, Get £5 In-Play – NFL

Another great in-play offer from Coral. Place a pre-match £5.00+ Win Single bet at odds of 1/2 (1.5) or greater on any market in the San Francisco 49ers @ Green Bay Packers match on 5th January and get a £5.00 free in-play bet to use on the same match. Translated into matched betting terms, this gives us a potential profit of over £3.00. And here’s how…

Step 1:

The terms and conditions state that our qualifying bet must be at minimum odds of 1.5.  With this is mind and having looked at the odds available, I’ve decided to place my bet on San Francisco 49ers to win.

Place £5.00 on San Francisco 49ers @ Coral @ 1.67 = Potential profit of £3.35.

Lay £4.97 on San Francisco 49ers @ Betfair @ 1.73 = Potential liability of £3.63.

Step 2:

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

San Francisco 49ers win +£3.35 – £3.63 = -£0.28
San Francisco 49ers don’t win -£5.00 + £4.72 (£4.97 minus 5% commission) = -£0.28

So regardless of the result, we will lose £0.28 in order to claim our free £5.00 in-play bet.

Step 3:

Our account will be credited with the free bet at 9:41pm and expires at the end of the game.  By using straightforward matched betting, we should be able to extract at least 70% of this free bet, so approximately £3.50.  I like to place my in-play bets during an interval so that there is less chance of the odds fluctuating whilst I’m placing the bets.  If we take into consideration our initial loss of £0.28, we should make around £3.22 profit on this offer.

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched 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.