Bet £5 Get £20
BET £5 GET £20
PROFIT ESTIMATED
£9-£15
TIME ESTIMATED
20 mins
Summary
Deposit Method: Debit Card (do not use Paypal - you won't receive the free bets)
Trigger Bet: £5
Minimum Odds: 1.5
Free Bet: £20
Your Profit: £9-£15
Full Terms: Click Here
Sign Up To Matchbook Exchange And Coral
Start by signing up to Matchbook, using the link below. If you already have an account then use that. They are a matched betting exchange that have a 0% commission offer for Team Profit users.
Next, sign up to Coral and deposit £5.
= Video Guide Clip (popup)
Choose a popular league or cup on Coral
To make this even easier and faster, check the Selections blog where every week I select the best teams for your trigger and free bets.
Check the Exchange lay odds aren't drastically higher than the back odds
Ideally the chosen team should have the lay bet odds within 10% of the bookmaker odds.
For example, if your bookmaker odds are 2.0, aim for Matchbook lay odds no higher than 2.2.
Check 'Liquidity'
The next step in your laying process is super important and must be done before placing every lay bet.
Check the maximum stake under the lay odds on Matchbook. This is called liquidity and if this number is not higher than your required lay stake then you will not be able to lay your bet.
Example If you need to lay £20 on the exchange:
Matchbook Liquidity here is £40. GOOD - Fine to lay
Matchbook Liquidity here is only £2. BAD - Do not lay
If the max stake is higher than your required lay stake, you can go ahead and place your bets.
Load up the matched betting calculator and enter:
- Back Stake
- Back Odds
- Exchange Lay Odds
- Lay Commission (Matchbook = 0)
Place your exchange lay bet
Use the lay amount from the calculator in Step 2 and enter that into the 'Backer's Stake' box on the exchange betslip.
Again, do a 'Liquidity' check explained in step 1 to ensure there is enough money on the exchange available to lay your stake.
Place your Matchbook Exchange lay bet using the lay amount from Step 2 in Backer's Stake
Again, do a 'Liquidity' check explained in step 1 to ensure there is enough money available to lay your stake.
Note: In the unlikely event that the liquidity changes as you are placing your lay bet and your bet does not 'fully match', you can use this guide to help resolve this.
Your £20 free bet should be added immediately after the trigger bet is placed. If not, you will need to contact Coral's live chat to have it added manually.
Please note the Coral free bets expire within 4 days.
We now repeat Steps 1 to 3 as we did in the trigger bet part with one change in each step.
Step 1
Choose a team with higher odds to make a larger profit:
£20 Free Bet Back Odds |
Matchbook Liability |
Your Profit |
---|---|---|
2.0 | £11 | £9 |
3.0 | £30 | £12 |
4.0 | £50 | £13 |
5.0 | £65 | £14 |
6.0 | £90 | £15 |
For this week's free bet selections, check out the Selections Guide and scroll to the bottom of the page to view the "free bet" selections.
Step 2
Select 'Free Bet SNR' in the Calculator as 'bet type'.
Step 4
Lay the free bet using (free bet SNR) on the calculator
Check the liquidity is higher than your required stake like we did for the trigger bet.
Once the free bet has settled...
PS. Looking to track your profit? Check out our matched betting spreadsheet.