Coral Offer – Clermont v Toulon

Clermont face Toulon in the Top 14 Final tonight and you don’t want to miss this Coral offer. Simply place a £5.00+ win single on the 80 minute Match Betting market for Clermont v Toulon and if any forward scores the first try, Coral will double our winnings up to £100.00, in free bets! Translated into matched betting terms, this gives us a potential profit of £77.41 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 they should be done.

Qualifying bets must be placed between 06:00 on Saturday 3rd June 2017 and 19:45 (kick-off) on Sunday 4th June 2017, to be eligible.

To qualify, we must place a £5.00+ Single bet on the 80 minute Match Betting (Win-Tie-Win) market. If a forward scores the first try, Coral will double our winnings in free bets, up to a maximum of £100.00.

Example:

  • Bet £50.00 on Toulon to beat Clermont in the 80 minute Match Betting market (£50.00 placed at 2/1).
  • Toulon win the match in 80 minutes with a forward scoring the first try.
  • Our bet on Toulon has won, returning £150.00 (£50.00 stake and £100.00 winnings).
  • Within 24 hours of bet settlement, Coral will credit our account with a free bet, matching our winnings (£100.00 in this example).

 

The maximum free bet is £100.00 per customer and this will be credited within 24 hours of our bet being settled. Free bets will be valid for 4 days and free bet stakes are not included in any returns.

It’s entirely up to you which team you go for. At the time of writing, the lay odds are poor, so I’ll use fictional odds for Toulon in the following example and I’ll update the bottom of the post with my actual selection after the match.

In order to work out our back stake, we need to divide £100.00 by 2.25 (back odds minus 1.00). This gives us a back stake of £44.44. It’s best that we stick to round numbers when placing our qualifying bet, so I’ll stake £45.00 instead.

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 stake using my matched betting calculator…

Back Bet (Bookie)

%

Lay Bet (Betting Exchange)

%

Min £
Max £
Lay stake required: £
Bookie
Exchange
Cashback
Total
If back (bookie) bet wins
£
£
£
= £
If lay (exchange) bet wins
£
£
£
= £
Total profit: £

Optimal Underlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

Optimal Overlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

As you can see, the calculator tells us that our lay stake should be £43.27…

coral logo

Place £45.00 on Toulon @ 3.25 = Potential profit of £101.25

smarkets whiteLay £43.27 on Toulon @ 3.40 = Potential liability of £103.84

Let’s have a look at our potential profit/loss for the possible outcomes…

Toulon win the match and a forward doesn’t score the first try + £101.25 – £103.84 = £2.59 loss
Toulon win the match and a forward scores the first try + £101.25 – £103.84 + £80.00 (80% extracted from £100.00 free bet) = £77.41 profit
Toulon don’t win the match – £45.00 + £42.40 = £2.60 loss

So, if Toulon win the match and a forward scores the first try, we’ll make a nice profit of £77.41. Any other outcome and we’ll lose a maximum of £2.60. Risking £2.60 to make a profit of £77.41, gives us effective odds of 30.77, which I’m sure you’ll agree makes this a profitable offer in the long run.

* I was unable to find a suitable qualifying bet, so I decided to give this offer a miss. *

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched 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.