It’s a big Saturday of ITV Racing, and you don’t want to miss this Coral free bet offer! Place a £1.00+ bet on any ITV race, and get a matched free bet up to £5.00 to use on any ITV race. Translated into matched betting terms, this gives you a profit of £3.76, and here’s how…
Key terms
- The promotion is available until 15:35 on Saturday 10th June 2023.
- Applies to bets placed on any of the following ITV races.
- 13:15, 13:50, 14:25, 15:00 and 15:35 Haydock.
- 14:05, 14:40 and 15:15 Beverley.
- Minimum stake of £1.00.
- Minimum odds of 1.50 (1/2).
- Your matched free bet will be credited immediately upon placement of your qualifying bet.
- The maximum free bet is £5.00.
- The free bet will be valid on any ITV race for 7 days.
- The free bet stake will not be returned with any winnings.
Qualifying bet
Please see my ‘Qualifying Bets Guide‘ if you’d like more information about them and how they work.
It’s entirely up to you what you place your qualifying bet on.
At the time of writing, ‘Time Lock‘ is back odds of 3.00 (2/1) to win the 15:00 Haydock. The lay odds are 3.15.
Either exchange works for this offer
Betfair and Smarkets are both great options for this offer. If you’ve not used one of them, now is a great time to give them a try.
- 2% commission for all new signups
- 0% commission for 60 days
You can calculate your lay stake using my Matched Betting Calculator.
As you can see, the calculator tells you that your lay stake should be £4.76.
Place £5.00 on ‘Time Lock’ @ 3.00 = Potential profit of £10.00
Lay £4.76 on ‘Time Lock’ @ 3.15 = Potential liability of £10.23
Outcomes
Let’s look at your profit/loss for the possible outcomes.
So, no matter the outcome, you’ll lose a maximum of £0.24 in qualifying for your £5.00 free bet.
Free bet
Your £5.00 free bet will be credited immediately upon placement of your qualifying bet and valid on any ITV race for 7 days. The free bet stake will not be returned with any winnings.
Using straightforward matched betting, you should convert your free bet into 80% cash, so £4.00. Considering your maximum qualifying loss of £0.24 gives you a minimum profit of £3.76 on this Coral offer!
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