Another NFL offer from Coral. Money back as a free bet on losing first / last touchdown scorer bets up to £25.00 if Denver Broncos win the Super Bowl. Translated into matched betting terms, this gives us a potential profit of £12.92! And here’s how…
We need to select a first touchdown scorer and hope it doesn’t come in, as only losing bets are refunded in the event of Broncos winning the Super Bowl. Having looked at the odds on offer, I’ve opted to back Percy Harvin to score the first touchdown.
Step 1:
Place £25.00 on Percy Harvin @ Coral @ 15.00 = Potential profit of £350.00.
Lay £21.49 on Percy Harvin @ Betfair @ 17.50 = Potential liability of £354.58.
Step 2:
Let’s have a look at our potential profit/loss for the various outcomes…
|
Percy Harvin scores first touchdown |
£350.00 – £354.58 = £4.58 loss |
|
Percy Harvin doesn’t score first touchdown and Broncos win |
-£25.00 + £20.42 + £17.50 (70% of £25.00 free bet) = £12.92 profit |
|
Percy Harvin doesn’t score first touchdown and Broncos don’t win |
-£25.00 + £20.42 = £4.58 loss |
So we will win £12.92 if Percy Harvin doesn’t score the first touchdown and Broncos win the Super Bowl If Harvin does score the first touchdown or Broncos don’t win, then we will have lost £4.58, which I’m sure you’ll agree is a risk worth taking as the odds of Denver Broncos winning are around 1.88.
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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.