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My Profit

Coral Super Bowl Offer – Money Back if Denver Broncos Win

Posted by Matt (administrator) Sun, Feb 2, 2014 06:02pm Matt
Start Time: 02/02/2014 23:30

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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