Premier League and Championship football returns this week and you don’t want to miss this Coral risk-free bet offer! Simply place a £1.00+ bet on any football market from any league in the world and if it loses, Coral will refund our stake as a free bet, up to a maximum of £10.00. Translated into matched betting terms, this gives us a guaranteed profit of £5.86 and here’s how…
- Minimum stake of £1.00.
- Applies to our first losing football bet, placed between 08:00 on Monday 15th June 2020 and 23:59 on Friday 26th June 2020.
- If our bet loses, Coral will refund our stake as a free bet, up to a maximum of £10.00.
At the time of writing, laying our bet at Betfair is likely to give us the biggest guaranteed profit.
Betfair are currently offering new customers 0% commission up to £500 for the first 30 days.
If you’re an existing Betfair customer, you can opt in to pay just 2% commission by selecting their Basic reward plan.
For more information about My Betfair Rewards and how to opt in, please see my Betfair 2% Commission page.
We can work out our lay stake by using the ‘Risk-Free Bet’ setting on my matched betting calculator. We can enter £8.00 as our ‘Cashback’ figure as this is the amount we can expect to extract (80%) from our £10.00 free bet refund, should our horse lose…
As you can see, the calculator tells us that our lay stake should be £8.04…
Place £10.00 on Arsenal @ 8.50 = Potential profit of £75.00
Lay £8.04 on Arsenal @ 9.60 = Potential liability of £69.14
Let’s have a look at our potential profit/loss for the possible outcomes…
|Arsenal win||+£75.00||-£69.14||£5.86 profit|
|Arsenal don’t win||-£10.00||+£7.87||+£8.00||£5.87 profit|
So, no matter the outcome, we’ll make a guaranteed profit of £5.86 on this Coral offer!