£45.50
Guaranteed Profit
£45.50
Actual Profit

Australian Open 2020 Offer – Coral


Posted by Matt (administrator) Matt
Start Time: 20/01/2020 06:00

The Australian Open 2020 gets underway on Monday and you don’t want to miss this Coral free bet offer! Simply place three in play bets of £5.00 or more in a single match day and Coral will give us a £5.00 free bet to use in play. Translated into matched betting terms, this gives us a guaranteed profit of £45.50 and here’s how…

Key Terms:

  • To claim each £5.00 free bet, we must place three in play bets of £5.00+ within a ‘match day’ period.
  • Each qualifying ‘match day’ begins at 17:00 and ends at 13:00 the following day.
  • Promotion available from Sunday 19th January 2020 until the tournament ends on Sunday 2nd February 2020.
  • There are no minimum qualifying odds.
  • Maximum free bet of £5.00 per match day, limited to a maximum of £70.00 in free bets throughout the tournament.

Qualifying Bets:

If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy for a walk-through guide on how they should be done.

We don’t need to worry about players retiring as Coral have the same tennis retirement rules as Betfair and Smarkets. If the first set is not completed, all Match Bets will be void.

We can place our lay bets at Betfair or Smarkets.

We can calculate our lay stakes using the matched betting calculator.

Coral logo

Aim to lose no more than £0.25 on each of our qualifying bets

So, we’ll lose approximately £0.75 in qualifying for each £5.00 free bet.

Free Bets:

Each £5.00 free bet will be credited upon placement of our third qualifying bet. Free bets will be valid on in play tennis markets for 7 days. Free bet stakes will not be included in any returns.

By using straightforward matched betting, we should be able to extract 80% cash from each £5.00 free bet, so £4.00. If we take into account our daily qualifying loss of £0.75, this gives us a guaranteed daily profit of £3.25 on this Coral offer!

Given that the tournament is played over 14 days, this gives us a guaranteed overall profit of £45.50 on this Coral offer!

Comments


  1. tomrrowe

    1

    After successfully utilising this offer the past two days, I went to place all my qualifying bets this morning and the free bet wasn’t credited even after the markets had settled. Coral customer service weren’t much help when I asked why I hadn’t been credited on live chat. They told me the matter had been passed onto another department and that I’d be contacted via email within 72 hours.

    Doesn’t look too good, I hope my account isn’t being gubbed.

    Has anyone else had this experience aswell?

    +1
    Reply
  2. wizzfizz

    Guest user

    Did this 3 x £5 in play bets early this morning and yet to receive a free bet. Customer service is awful and haven’t a clue, you even have to link the offer to them from their own website and also bet receipt numbers.

    +0
    Reply
  3. wizzfizz

    Guest user

    Looks like I’m not the only one to experience this. I contacted customer service also and they didn’t have a clue about the promotion and wanted me to link it to them. I was then told by another agent that I placed one of my bets pre-game, when in fact I didn’t. I placed all 3 bets in play.

    +0
    Reply
  4. wizzfizz

    Guest user

    Just an update. Talking to their live chat takes forever and you end up getting someone typing in broken english and then put on hold for about 20 minutes, truly awful. Anyway, they’ve gone and added the £5 free bet manually to my account, looks like this promotion is a bit broken as it stands, for me anyway.

    +0
    Reply
  5. wizzfizz

    Guest user

    Promotion expired. Good really as it was a headache having to chase up the free bets with them.

    +0
    Reply
    1. Matt

      329

      Live chat are saying it’s still available, so let’s see what tomorrow brings.

      +0
      Reply

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