Coral New Customer Offer


Estimated Profit:


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.

betfair exchange

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

Can I take part?

  • You can only take part in this offer if you are not an existing or a previous Betfair account holder.
  • This offer is not available to accounts registered in any of the following countries – Armenia, Portugal, Bulgaria, India, Belarus, Chile, Croatia, Hungary, Latvia, Macedonia, Moldova, Romania, Russia, Serbia, Slovenia, Tunisia, Ukraine.

How and when can I qualify?

  • The first Exchange bet you place within 7 days of registering your new Betfair account can risk up to £20. Your bet must settle in this period too.

What can I win?

  • If you place a qualifying bet as set out above, and that bet loses within 7 days of account opening, we will refund your stake in cash, up to a maximum of £20.

When will I get my prize?

  • We’ll aim to credit your account within 72 hours of your qualifying bet being settled

What else do I need to know?

  • Only deposits made using credit/debits cards and Paypal will qualify for this promotion.
  • Unmatched, unsettled or voided bets will not count towards this promotion.
    In the event that two qualifying bets are placed at the same time, the first bet to settle will be your qualifying bet.
  • In the event that your qualifying bet wins, there will be no credit to your account.

Other essential stuff:

  • For Sportsbook bets, the Sportsbook rules apply, see here
  • For Exchange bets, the Exchange rules apply, see here

Better odds on the Betfair Exchange

Betfair Exchange offered the best odds on;

  • Premier League football (Correct Score and First Goal scorer markets 2017/18)
  • Cricket (Indian Premier League 2017)
  • Tennis (Grand Slams 2017)
  • PGA and European Tour golf (tournament winners in 2018)
  • Horse Racing (ITV racing 2018)
  • Greyhounds (UK racing since 2017)

Best Odds defined by one of the following metrics;

  • Lowest overrounds – Premier League, Cricket and Tennis
  • The odds of the winner of a stated event – Golf
  • The odds of all participants in a stated event – Horse Racing and Greyhounds

Prices compared against leading UK bookmakers and excludes enhanced prices and specials. Data collected via Betfair historical price storage, TX Odds and Oddschecker.

What is an overround?

The sum of the quoted probabilities across all selections within the market.

Why are we using the overround?

The overround shows how much margin is being taken from the market by the laying sides. As such, the lower the margin the more value to be taken by the backing side.

Betfair charges commission on their Exchange markets?

For the purposes of this exercise we have incorporated the commission charge (5{a35d04cc04dd82c0da3de18e3ba155a2229ac3e9e4104ab60ff940c889b1c5b8} charge on your winnings, other charges may apply to some customers).


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

2. After registering, deposit a minimum of £5 using a debit or credit card. Do not use e-wallets such as PayPal, Neteller, or Skrill for your deposit otherwise you won’t be eligible for the free 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.


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. If they are the same, place your lay bet with the amount shown on the calculator (the ‘you could lay £xx. xx’ amount).


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.

Well done! You've completed the offer!

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

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Disclosure of earnings: we use affiliate links in some of the matched betting sites that appear on this page. This helps our site cover the costs of the site, Thanks for your support. Read more