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Coral Welcome Offer

Bet £5 Get £20 Offer Worth £12.30 Profit (Starting With £100)

The Coral Welcome Offer is a great first Welcome Offer for those of you able to start with £100 or more.

You need to deposit £5 in Coral and £45 into Betfair Exchange. In return, you will guarantee a £12.30 profit risk free.

Let's crack on with the step by step guide!

Sign Up To Coral & Betfair

Sign up to Betfair Exchange and Coral by clicking on the below buttons:

Betfair sign up
Sign up to Betfair
skybet sign up
Sign up to Coral

Please deposit £20 into Betfair Exchange. I recommend using a debit bank card to avoid any fees, alternatively you can use a credit card (1.5% fee) or Paypal (2% fee).

Please deposit £5 into Coral.

Step 1: Place Your Coral £5 Trigger Bet
a) Change Coral Odds To Decimal Odds

When matched betting it is always best to change the odds to decimal odds on the website.

To do this on Coral, go to the top menu and click decimals:

coral decimal

b) Head To AC Milan vs Fiorentina

Click here to the AC Milan vs Fiorentina (Sunday 19:45) market. Then click on the 2.15 next to AC Milan:

If the odds have changed from 2.15, don't worry, just click the number!

c) Place Your £5 Trigger Bet

Once you have clicked on the 2.15 for AC Milan, the betslip will open. Enter 5 into the Stake and click the green 'place bet' button:

Step 2: Place Your Betfair Exchange £5 Lay Bet
a) Head To AC Milan vs Fiorentina

Click here to the AC Milan vs Fiorentina market. Then click on the pink 2.28 next to AC Milan:

If the odds have changed from 2.28, don't worry, just click the number!

b) Place Your £4.82 Lay Bet

Enter £4.82 into the Backer's stake:

This will show a liability of £6.17. Again don't worry if the liability is a showing a little different.

Note: The way I calculated the lay stake stake is to enter use 'Normal' mode in the calculator. Then enter back stake 5, back odds 2.15 and back odds 2.28.

Where Your Money Goes?
Coral Total
If AC Milan Win £5.75 -£6.17 -42p
If AC Milan draw or lose -£5 £4.58 -42p

To explain the above table:

If AC Milan win, then I win £5.75 on Coral, but lose my liability of £6.17 on Betfair Exchange for a net loss of 42p.

If AC Milan draw or lose, then I lose £5 on Coral, but win my £4.58 on Betfair Exchange (I win £4.82 lay stake less 24p commission on my winning bet) for a net loss of 42p.

You have only lost 42p from the trigger bet and have now received a £20 free bet, so let's now make a tidy profit from this!

Step 3: Place Your Coral £20 Free Bet
a) Head To Bayer Leverkusen vs Atletico Madrid

Click here to the Bayer Leverkusen vs Atletico Madrid (Tuesday 19:45) market. Click on the 3.30 next to Bayer Leverkusen:

If the odds have changed from 3.30, don't worry, just click the number!

b) Place Your £20 Free Bet

Once you have clicked on the 3.3 for Bayer Leverkusen, the betslip will open. Enter 5 as the stake but this time select the £5 Free Bet in the dropdown:

coral free bet 5 betslip

Then click Place Bet.

Coral add your £20 free bet as 4 x £5 free bets, so you will need to repeat this 3 more times to place all 4 x £5 free bets on Bayer Leverkusen to win.

Step 4: Place Your Betfair Exchange £12.96 Lay Bet
a) Head To Bayer Leverkusen vs Atletico Madrid

Click here to the Bayer Leverkusen vs Atletico Madrid market. Then click on the pink 3.6 next to Atletico Madrid:

If the odds have changed from 3.6, don't worry, just click the number!

b) Place Your £12.96 Lay Bet

Enter £12.96 into the Backer's stake:

This will show a liability of £33.70. Again don't worry if the liability is a little different.

The way I calculated the lay stake stake is to enter use 'Free Bet SNR' mode in the calculator. Then enter back stake 20, back odds 3.3 and lay odds 3.6.

Where Your Money Goes?
Coral Total
If Bayer Leverkusen Win £46 -£33.70 £12.30
If Bayer Leverkusen draw or lose £0 £12.31 £12.31

To explain the above table:

If Bayer Leverkusen win, then I win £46 on Coral from my £20 free bet, but lose my liability of £33.70 on Betfair Exchange for a net profit of £12.30.

If Bayer Leverkusen draw or lose, then I lose £0 on Coral as it my free bet, but win £2.31 on Betfair Exchange (I win £12.96 lay stake less 65p commission on my winning bet) for a net profit of £12.31.

Congratulations - you just made £12.30 risk-free profit!

Next up in the Starting With £25 Guide: SkyBet Welcome Offer - worth £6 in risk-free profit.

SkyBet Welcome Offer >>

Got Questions?

There are 3 ways to ask for help with Team Profit:

Facebook Group - ask over 1,000 fellow matched bettors (including me!) any questions you may have. [link]

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