Serena Williams faces Angelique Kerber in the 2016 Australian Open Final tomorrow and you don’t want to miss this Coral offer! Bet £20.00 pre-match or in play on any Women’s Singles Australian Open Final market and Coral will give us a £10.00 free bet to use on the Men’s Singles Australian Open Final on Sunday! Translated into matched betting terms, this gives us a guaranteed profit of £5.24 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 it should be done.
Qualifying bets must be placed as a Win Single bet at odds of 1.50 (1/2) or above to be eligible for the free bet. With Serena Williams being such a heavy favourite to win the match, it’s difficult to find a market that gives us an acceptable qualifying loss. Having looked at the odds available, I’ve opted to place my qualifying bet on Serena Williams – 5.5 Games in the Games Handicap market.
We can calculate our lay stakes using my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £18.67…
Place £20.00 on S. Williams -5.5 Games @ 1.727 = Potential profit of £14.54
Lay £18.67 on S. Williams -5.5 Games @ 1.90 = Potential liability of £16.80
Let’s have a look at our potential profit/loss for the possible outcomes…
Williams wins by 6 or more games | + £14.54 – £16.80 = £2.26 loss |
Williams doesn’t win by 6 or more games | – £20.00 + £17.74 = £2.26 loss |
So regardless of the result of match, we will lose £2.26 in qualifying for our £10.00 free bet.
Free Bet:
Our £10.00 free bet will be credited by 12:00 on Saturday 30th January 2016 and will expire at the end of the Men’s Singles Australian Open Final which starts at 08:30 on Sunday 31st January 2016.
By using straightforward matched betting, we should be able to extract 75% of our £10.00 free bet as cash, so around £7.50. If we take into account our qualifying loss of £2.26, this gives us a guaranteed profit of £5.24 on this Coral 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.