The NFL returns to Wembley this afternoon and you don’t want to miss this Coral offer. Simply place a £5.00+ win single on Baltimore Ravens or Jacksonville Jaguars to win the match in the Money Line market and if there are 6+ touchdowns, Coral will double our winnings up to £50.00, in free bets! Translated into matched betting terms, this gives us a potential profit of £36.23 and here’s how…
Qualifying Bet:
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how they should be done.
Qualifying bets must be placed between 00:01 on Friday 22nd September 2017 and 14:30 (kick-off) on Sunday 24th September 2017, to be eligible.
To qualify, we must place a £5.00+ Single bet on Baltimore Ravens or Jacksonville Jaguars to win in the Money Line market. If 6+ touchdowns are scored, Coral will double our winnings in free bets, up to a maximum of £50.00. If eligible, free bets will be credited within 24 hours of our bet being settled and will be valid for 4 days. Free bet stakes are not included in any returns.
It’s entirely up to you who you place your qualifying bet on. Having looked at the odds available, I’ve opted to place my qualifying bet on Baltimore Ravens.
In order to work out our back stake, we need to divide £50.00 by 0.571 (back odds minus 1.00). This gives us a back stake of £87.57. It’s best that we stick to round numbers when placing our qualifying bet, so I’ll be staking £100.00 instead.
I like to place my exchange lay bets with Smarkets as they have great liquidity, the site is really easy to use and they only charge 2% commission in comparison to the 5% charged by other betting exchanges.
We can calculate our lay stake using my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £98.19…
Place £100.00 on Baltimore Ravens @ 1.571 = Potential profit of £57.10
Lay £98.19 on Baltimore Ravens @ 1.62 = Potential liability of £60.87
Let’s have a look at our potential profit/loss for the possible outcomes…
| Baltimore Ravens win and less than 6 touchdowns | + £57.10 – £60.87 = £3.77 loss |
| Baltimore Ravens win and 6+ touchdowns | + £57.10 – £60.87 + £40.00 (80% extracted from £50.00 free bet) = £36.23 profit |
| Baltimore Ravens don’t win | – £100.00 + £96.22 = £3.78 loss |
So, if Baltimore Ravens win the match and there are 6 or more touchdowns, we’ll make a nice profit of £36.23. Any other outcome and we’ll lose a maximum of £3.78. Risking £3.78 to make a profit of £36.23, gives us effective odds of 10.58, which I’m sure you’ll agree makes this a profitable offer in the long run.
* Jacksonville Jaguars won the match 44-7 with 6 touchdowns being scored in total, meaning I made a loss of £3.78 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.