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Coral Sign Up Offer

Description

Register an account with Coral, deposit and bet £5+ on any sport and get a £20 free bet.

Key terms

  • The promotion is available from 6th January 2022 to 31st December 2022.
  • Promotion is not available to new customers depositing funds with Prepaid Cards, Moneybookers, Apple Pay, PayPal, Paysafe, Neteller or Skrill.
  • Minimum deposit of £5.
  • Minimum stake of £5.
  • Minimum odds of 1.50 (1/2).
  • 1 x £20 free bet credited upon placement of your qualifying bet.
  • The free bet will be valid for 7 days.
  • The free bet stake will not be returned with any winnings.

Always check the terms of an offer yourself before placing any bets. Bookmakers can amend their terms anytime, so it’s always worth double-checking.

Account setup

  1. Sign up for a Betfair Exchange account. You’ll need this to match your bookmaker bet.

Matched Betting Blog receives a small commission when you sign up to Betfair via the link above. It helps support the site and keeps it free for everyone to learn matched betting.

  1. Register an account with Coral.
  1. Deposit £5 using a debit card.
  2. Switch to decimal odds.

Qualifying bet

  1. Check the back odds at Coral and the lay odds at Betfair to find a suitable selection. Your qualifying bet must be placed at minimum odds of 1.50 (1/2).
  2. Use the ‘Qualifying Bet‘ setting on the Matched Betting Calculator to calculate your lay stake.
  3. Place your £5 qualifying back bet at Coral.
  4. Place your lay bet against the same selection at Betfair.

Free bet

  1. Your £20 free bet will be credited upon placement of your qualifying bet.
  2. Check the back odds at Coral and the lay odds at Betfair to find a suitable selection.
  3. Use the ‘Free Bet‘ setting on the Matched Betting Calculator to calculate your lay stake.
  4. Place your £20 free back bet at Coral (valid for 7 days after being credited).
  5. Place your lay bet against the same selection at Betfair.

As a rough guide, limit your qualifying loss to around £0.50 and aim for £16 cash (80%) from your £20 free bet. Based on those figures, you should make a £15.50 profit on this Coral offer.

General advice and example for ‘Bet X, Get Y’ offers

Place your qualifying bets at low odds, ensuring you meet any minimum odds requirement. Use the ‘Qualifying Bet’ setting on the Matched Betting Calculator to calculate your lay stakes.

Once received, you can convert any free bets or bonuses into cash. Use the ‘Free Bet’ setting on the Matched Betting Calculator to calculate your lay stakes. It’s best to place free bets at high odds to maximise your profits.

See my ‘Bet X, Get Y‘ guide for a complete walkthrough of this offer type.

Learn matched betting the free, easy way.

The Matched Betting Academy

  • Logically structured to tackle strategies and offers as you’re ready for them.
  • Bag profits every step of the way. About £650 from welcome offers, and another £500 monthly.
  • Make £15 from your very first offer.
Screenshot of the Matched Betting Academy

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £60,000 worth of profit, and made it my mission to make matched betting accessible to everyone.