Step 1: Open an Exchange Account

Sign-up With Smarkets:

The first essential part of matched betting is to open an exchange account in order to place your LAY bets. There are a couple of choices when it comes to betting exchanges. Betfiar, Smarkets and Matchbook are the main options.

We recommend Smarkets as they offer a lower 2% commission versus 5% on Betfair maximising our profit. Smarkets also has a great user experience and great phone app. 

You will need to deposit enough into your account to cover the liability on your bets with Coral. £40 – £50 should be enough to get us through the Coral offer.

Once you have opened your account, return to this page and click below to move onto the next step, setting up an account with Coral.

Go to Next Step