It’s Leicester v Chelsea in the Premier League on Saturday and you don’t want to miss this Coral free bet offer! Place a £5.00+ pre-match bet on Leicester v Chelsea 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 £3.60 and here’s how…
- Applies to bets placed between 08:00 on Wednesday 17th November 2021 and kick-off (12:30) on Saturday 20th November 2021.
- Applies to single or Build Your Bet bets placed on Leicester v Chelsea.
- Minimum stake of £5.00.
- Minimum odds of 1.50 (1/2).
If you’d like more information about qualifying bets and how they work, please see my qualifying bets guide.
It’s entirely up to you what you place your qualifying bet on.
At the time of writing, Chelsea are available in the Match Result market at back odds of 1.80 (4/5). The lay odds are currently 1.84.
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 £4.95…
Place £5.00 on Chelsea @ 1.80 = Potential profit of £4.00
Lay £4.95 on Chelsea @ 1.84 = Potential liability of £4.15
Let’s have a look at our potential profit/loss for the possible outcomes…
So, no matter the outcome, we’ll lose £0.15 in qualifying for our £5.00 free bet.
Our £5.00 free bet will be credited immediately upon placement of our qualifying bet and will be valid on any in play football market for 7 days. Free bet stakes will not be included with any winnings.
Using straightforward matched betting, we should be able to convert our free bet into 75% cash, so £3.75. If we take into account our qualifying loss of £0.15, this gives us a guaranteed profit of £3.60 on this Coral offer!