Coral Offer – New Zealand Maori v British & Irish Lions

June 16, 2017 / Rugby / 5 Comments

Kick-off time (GMT): 17/06/2017 : 08:35

Potential profit
£35.46
My profit £35.46

The British & Irish Lions face the New Zealand Maori All Blacks on Saturday morning 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 New Zealand Maori v British & Irish Lions and if any forward scores the first try, Coral will double our winnings up to £50.00, in free bets! Translated into matched betting terms, this gives us a potential profit of £35.46 and here’s how…

Coral Offer - New Zealand Maori v British & Irish Lions

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 Thursday 15th June 2017 and 08:35 (kick-off) on Saturday 17th 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 £50.00.

Example:

  • Bet £20.00 on the NZ Maori All Blacks to beat the Lions in the 80 minute Match Betting market (£20.00 placed at 6/4).
  • NZ Maori win the match in 80 minutes with a forward scoring the first try.
  • Our bet on NZ Maori has won, returning £50.00 (£20.00 stake and £30.00 winnings).
  • Within 24 hours of bet settlement, Coral will credit our account with a free bet, matching our winnings (£30.00 in this example).

 

The maximum free bet is £50.00 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. Having looked at the odds available, I’ve opted to place my qualifying bet on the British & Irish Lions.

In order to work out our back stake, we need to divide £50.00 by 0.50 (back odds minus 1.00). This gives us a back stake of £100.00 which is perfect as it’s best that we stick to round numbers when placing our qualifying bet.

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)

%

Adjust your lay stake

Min £
Max £

Lay stake required: £

Bookie
Exchange
Total
If back (bookie) bet wins
= £
If lay (exchange) bet wins
= £
Bookie
Exchange
Cashback
Total
If back
bet wins
= £
If lay
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 £97.40…

coral logo

Place £100.00 on the Lions @ 1.50 = Potential profit of £50.00

smarkets whiteLay £97.40 on the Lions @ 1.56 = Potential liability of £54.54

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

Lions win the match and a forward doesn't score the first try + £50.00 – £54.54 = £4.54 loss
Lions win the match and a forward scores the first try + £50.00 – £54.54 + £40.00 (80% extracted from £50.00 free bet) = £35.46 profit
Lions don't win the match - £100.00 + £95.45 = £4.55 loss

So, if the Lions win the match and a forward scores the first try, we’ll make a nice profit of £35.46. Any other outcome and we’ll lose a maximum of £4.55. Risking £4.55 to make a profit of £35.46, gives us effective odds of 8.79, which I’m sure you’ll agree makes this a profitable offer in the long run.

* The British & Irish Lions won the match 32-10 with Maori forward, Liam Messam, scoring the first try, meaning I made a profit of £35.46 on this Coral offer. *

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5 Comments

  1. SJ

    June 17, 2017
    / Reply

    First try for a forward. Come on Lions finish off by winning.

    • Paul

      June 17, 2017
      / Reply

      Excellent news

      • Paul

        June 17, 2017
        / Reply

        Managed to cash out my lay at a good price too!

  2. Thomas

    June 17, 2017
    / Reply

    Managed to back the Maori AB's for £0.98 QL and then they go and have a shocker...

    • Col

      Col

      June 17, 2017
      / Reply

      Same here mate :-O


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