Interactive Tutorial
Once you have read our matched betting tutorial and familiarised yourself with the basics of matched betting, we recommend that you follow the live working example below, it shows a current matched bet. In this example we have used the £10 free bet at Coral, the free bet is stake returned and it’s instantly credited upon placing your first £10 bet, making it an ideal place to start matched betting.
To assist you, you will find live screenshots of the betting screens for both Betfair and Coral, showing both the selection to bet on and what odds to bet at. The screen shots show the current bookmakers odds and are updated every 5 minutes dynamically, replicating what you will see on the actual betting screens. You will make around £10 profit from this bet, not enough to quit your day job but nevertheless not bad for 20 minutes work. Please note with this particular offer both the qualifying and follow up bet can be placed at the same time, meaning any returns along with your profit can be withdrawn as soon as the event is settled. Remember although the return may seem small (it's guaranteed), this is just a starting point and the returns from other matched bets will be significantly higher.
Stage 1 - Sign up to the bookmakers below
Click here to go
to Coral
, open an account & deposit £10
Click here to go to Betfair
, open an account and deposit £25
To avoid any complications, please check that all the correct funds are in place before you proceed to the next stage and place any bets.
Stage 2 - Place a bet at Coral to qualify for £10 free bet
This involves placing a £10 back bet in Coral, using the £10 you deposited. Once this £10 bet is placed, your account will be instantly credited with a £10 free bet
The Match -
Kasimpasa v Bursaspor
In Coral navigate to the "
" using the football menu at the top of the screen and find the "Kasimpasa v Bursaspor
" match. You will then see the
betting screen below. Click the tick box corresponding to
Bursaspor
showing odds of
2.2
and then click "Add to slip".
In your betting slip, stake £10 as highlighted in the red circle below backing Bursaspor to win, then click
the Place Bet button to confirm the bet.
Once the bet has been placed go back to the homepage in Coral, you will notice that your account balance is still £10, that’s because Coral have instantly credited your
account with a £10 free bet.
As free bet stake is returned along with your winnings in
coral, the £10 free bet can be placed at any odds, so proceed to place
exactly the same bet again in Coral, but this time use the £10 free bet as your
stake. Once this is done, you should have now bet a total of £20 on
"Bursaspor
to win" in Coral, £10 of your own money and the £10 free bet. Now all
you need to do is lay the bet of in Betfair to lock in a guaranteed profit from
the £10 free bet as described below.
Stage 3 - Lay the bet in Betfair to lock in a risk free profit from the free bet
To cover all the event outcomes and make the bet risk free, you will need to lay
the same selection in Betfair that you backed in Coral i.e. “Bursaspor
“ To find
the correct market in Betfair, go to the sports page and on the left hand menu,
navigate to: Soccer
.
Now lay
Bursaspor
NOT to win. To do this click the PINK box corresponding to
Bursaspor
,showing odds of
2.16
as highlighted in the red circle below
You will then notice the betting slip appear on the right hand side. Stake
£20.85
as highlighted in the red circle below laying
Bursaspor
NOT
to win, the liability will be £24.19
and will appear on the right hand side. Click submit and make sure you confirm your bet.
Remember when you lay a bet the stake is the amount you want to win and the
liability is the amount you stand to lose, you are offering odds to a backer.
That's it, sit back and wait for your profit
That’s it; all the possible event outcomes are now been covered, whatever happens
in the event you will make £9.81
profit from Corals £10 free bet.
- If
Bursaspor
win you will make £34
profit in Coral (£24
profit from the bet plus the returned £10 free bet stake) covering the £24.19
liability lost in betfair, leaving you with £9.81
profit.
- If Kasimpasa win or it's a draw
, you will make £19.81
profit in betfair (your £20.85
lay stake minus 5% commission) and lose the £10 deposited in Coral, leaving
you with £9.81
profit.
Please withdraw all funds once the bet has been settled, no follow up bet is
required!
If you would like to find more pre calculated matched bets,
please click here
to use our automatcher.