Despite the lack of UK sports to bet on at the moment, there are still plenty of options and you won’t want to miss this ‘Bet £15, Get £5’ offer from Coral! Simply place three in play bets of £5.00+ on any sport each day and Coral will give us a £5.00 free bet. Translated into matched betting terms, this gives us a potential profit of £10.00+ and here’s how…
Key Terms:
- To claim each £5.00 free bet, we must place three in play bets of £5.00+.
- Qualifying bets must be placed at odds of 1.20 (1/5) or greater.
- This offer will run from 00:01 to 23:59 each day.
Qualifying Bets:
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.
We can place our lay bets at Betfair or Smarkets.
We can calculate our lay stakes using the matched betting calculator.
Aim to lose no more than £0.75 on each of our qualifying bets
So, we’ll lose approximately £2.25 in qualifying for each £5.00 free bet.
Free Bet:
Each £5.00 free bet will be credited upon placement of our third qualifying bet. Free bets will be valid on in play markets for 7 days. Free bet stakes are not included in any returns.
By using straightforward matched betting, we should be able to extract 75% cash from each £5.00 free bet, so £3.75. If we take into account our daily qualifying loss of £2.25, this gives us a guaranteed daily profit of £1.50 on this Coral offer!
At the time of writing, it’s unknown how long the offer will run for, so we’ll have to keep an eye out for it each day.
* This offer was available every day between Wednesday 25th March 2020 and Sunday 15th November 2020. That’s a total of 236 days, giving overall available profit of £354.00 on this Coral offer. The offer continues to be available, though it will now be included in my Weekly Free Bet Club Offers posts. *
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £90,000 worth of profit, and made it my mission to make matched betting accessible to everyone.