There’s a big evening of NFL action to look forward to and you don’t want to miss this Coral offer! Place a single bet of £10.00+ on any pre-match market for Seattle Seahawks @ Green Bay Packers and Coral will give us a £5.00 free bet to be used in play on the same match. Translated into matched betting terms, this gives us a guaranteed profit of £3.42 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 it should be done.
To qualify for our free bet, we must place a £10.00+ pre-match bet on Seattle Seahawks @ Green Bay Packers, which is due to get underway at 21:25 tonight (Sunday 10th September 2017).
Having looked at the odds available, I’ve opted to place my qualifying bet on Seattle Seahawks in the Money Line market.
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 stakes using my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £9.87…
Place £10.00 on Seattle Seahawks @ 2.25 = Potential profit of £12.50
Lay £9.87 on Seattle Seahawks @ 2.30 = Potential liability of £12.83
Let’s have a look at our potential profit/loss for the possible outcomes…
| Seattle Seahawks win | + £12.50 – £12.83 = £0.33 loss |
| Seattle Seahawks don’t win | – £10.00 + £9.67 (£9.87 minus 2% commission) = £0.33 loss |
So, regardless of the result of the match, we’ll lose £0.33 in qualifying for our £5.00 free in play bet.
Free Bet:
Our £5.00 free bet will be credited on placement of our qualifying bet and must be used in play on the same match.
It’s impossible to know what odds will be available until the match has kicked off but by using straightforward matched betting, we should be able to extract 75% cash from our £5.00 free bet, so £3.75. If we take into account our qualifying loss of £0.33, this gives us a guaranteed profit of £3.42 on this Coral offer!
Extracting profit from our free bet can be a little tricky when betting in play. Fortunately, there are plenty of stoppages during NFL matches, so it shouldn’t be too difficult getting our free in play bet on without the odds fluctuating unfavourably.
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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.