coral New Customer Offer

New customers at Coral can receive £20 in free bets when they register and place their first bet of £5 or more.

This is a simple 'Bet & Get' offer that can return a profit of around £15 when matched betting.

coral free bet

estimated profit: £15.50

key terms

  • 18+ New customers only
  • Min deposit & bet: £5
  • Use a debit/credit card for your deposit
  • The minimum odds for the qualifying bet are 1/2 (1.5)
  • Free bets credited as 4 x £5 free bets
betfair exchange

You'll need a betting exchange account to complete this offer. Click below to open an account with Betfair Exchange.

Full T&C's

step 1: register an account

1. Click here to visit Coral and register an account.

2. After registering, deposit a minimum of £5 using a debit or credit card. No not use e-wallets such as PayPal, Neteller or Skril for your deposit otherwise you won't be eligible for the free bet.

step 2: find a qualifying bet

You need to place a £5 bet in order to receive your 4 x £5 free bets. We recommend betting on popular sports such as football or horse racing and only on major leagues/races such as the Premier League and UK racing etc.

  • Your qualifying bet must have odds of 1/2 (1.5) or above
  • Change the odds format from fractional to decimal on Coral's website before proceeding. This can be done in the top menu.

1. Find a close match on any sport with odds of 1.5 or greater. You should be able to find a match manually or use an odds matcher tool available at a matched betting site.

need an odds matcher?


2.  After you have found a close match, enter the details into the matched betting calculator below. Ensure that 'Normal Bet' is selected from the drop-down and entered the commission for the betting exchange you are using.

The calculator will display your qualifying loss for the bet based on whether your bet wins with the bookmaker or the exchange. Aim for a qualifying loss of no more than £0.50. 

You Could Lay £0.00
(Liability £0.00)
Back Wins
Profit £0.00
Lay Wins
Profit £0.00

step 3: place your bets

It's now time to place your qualifying bet.

1. Check that the odds haven't changed on the Ladbrokes website. If they have, enter the new odds into the calculator. If they are the same, place your £5 bet.

2. Check that the odds haven't changed on the betting exchange website. I If they are the same, place your lay bet with the amount shown on the calculator (the 'you could lay £xx.xx' amount).

step 4: using your free bets

Your 4 x £5 free bets will be credited as soon as you place your qualifying bet. If the free bets are not showing on your bet slip when you add a selection, contact customer support who will be able to help.

You have 4 days to use your free bets.

TIP: When using free bets, try to choose a selection to bet on that has odds of 4/1 (5.0) or greater as these will return a bigger profit than using low odds.

1. Find a close match, preferably at odds of 4/1 (5.0) or greater.

2. Enter the bet details into the matched betting calculator. Remember to select 'Free Bet' from the drop-down.

The calculator will display the profit you will make if your bet wins with the bookmaker and if it wins with the exchange.

3. If the odds remain the same on Ladbrokes, place your £5 bet using your free bet.

4. If the odds remain the same on the betting exchange, place your lay bet for the amount shown on the calculator.

5. Repeat the above steps for each of your four £5 free bets. You can place all of your four £5 free bets on the same selection if you wish. You will need to adjust the back stake on the calculator to £20 if you do this.


Well done! You've completed the offer!

We estimate that you can make around £15.50 profit from this offer

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