Another great in-play offer from Coral. Place a pre-match £5.00+ Win Single bet at odds of 1/3 (1.33) or greater on any market in the France v England match on Saturday 1st February and get a £5.00 free in-play bet to use on the same match. Translated into matched betting terms, this gives us a potential profit of £3.17. And here’s how…
Step 1:
The terms and conditions state that our qualifying bet must be at minimum odds of 1.33. With this in mind and having looked at the odds available, I’ve decided to place my bet on France to win.
Place £5.00 on France @ Coral @ 1.67 = Potential profit of £3.35.
Lay £4.91 on France @ Betfair @ 1.75 = Potential liability of £3.68.
Step 2:
Let’s have a look at our current potential profit/loss for the two outcomes…
| France win | +£3.35 – £3.68 = £0.33 loss |
| France don’t win | -£5.00 + £4.67 (£4.91 minus 5% commission) = £0.33 loss |
So regardless of the outcome, we will lose £0.33 in order to claim our free £5.00 in-play bet.
Step 3:
Our account will be credited with the free bet at 17:01 and expires at the end of the game. By using straightforward matched betting, we should be able to extract at least 70% of this free bet, so approximately £3.50. If we take into consideration our initial loss of £0.33, we should make around £3.17 profit on this 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.