Free Offer #1: Coral

In my opinion...

Coral offer the easiest sign up bonus. I say this partially because the free bets are credited instantly. This means we don't have to wait around and can get things done in a matter of minutes. Not only that, but it requires the least amount of funds which makes it less daunting to beginners.

First things first...

To redeem this offer, you'll need to open a Coral account. You can do this here.

You can view the Terms and Conditions for the offer here.

As always, I recommend you check and compare these terms to my instructions as they are sometimes altered which is out of my control.

If you spot a discrepancy, please contact us via the contact page.

 

As this is the first offer...

You will also need to create an exchange account. This can be either with Betfair or Smarkets.

The exchange account will be used to "lay the bets off", covering all outcomes.

I personally use Smarkets as they charge a lower 2% commission on winnings (vs Betfair's 5%).

You can open a Betfair Exchange account here, or a Smarkets account here.

To Qualify
  • Deposit and bet £5
  • Minimum back odds: 1.5
To calculate stakes...

Find a close match between the back odds at the bookie, and the lay odds on the exchange. Once you've done this...

  1. Select "Qualifier" on the calculator
  2. Enter £5 as the back stake
  3. Enter the Bookie Back odds
  4. Enter the Exchange Lay odds
  5. Enter the Lay commission (Betfair = 5%, Smarkets = 2%)
  6. Then click calculate.
Place the bets...
  1. Look at the "liability" that the calculator shows. This is the amount you need to deposit into your exchange account.
  2. Place the £5 back bet at the bookie.
  3. Place the lay bet at the exchange with the stake that the calculator provides.

You will now have qualified for the 4x £5 free bets and they are credited instantly.


Free Bet

For free bets, bear in mind...

  • The higher the odds you use on free bets, the higher the profit you make. That being said, the higher the odds, the higher the liability too.
  • I recommend a minimum odds of 4.0 to maximise profits
  • The calculator will show you what you will profit with the odds you have inputted. You want to make at least 80% of the free bet in profit.
  • For example, from a £10 free bet the calculator should show a profit of £8+. If it doesn't, find or wait for a better set of odds.
To calculate stakes...

Find a close match between the back odds at the bookie, and the lay odds on the exchange. Once you've done this...

  1. Select "Free Bet SNR" on the calculator
  2. Enter £5 as the back stake
  3. Enter the Bookie Back odds
  4. Enter the Exchange Lay odds
  5. Enter the Lay commission (Betfair = 5%, Smarkets = 2%)
  6. Then click calculate.
Place the bets...
  1. Make sure you have enough money in your exchange account to cover the liability that the calculator shows.
  2. Place the £5 free bet at the bookie.
  3. Place the lay bet at the exchange with the stake that the calculator provides.

Wait for the bets to settle and you should have profited around £4.

Now repeat the process with the other 3 free bets.

If you have any questions or ways you think we can improve the site, feel free to contact us via the contact page.

 

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