First Bets – Checklist

We have moved away from the basics as our focus but have left the old guides up in case they are useful. If you want to get the latest on these we would recommend joining one of the big sites such as OddsMonkey and they can guide you through them.

This list is designed to give you a straight forward work through to make your first bets, if you have any questions please raise them with support on the forum if you have signed up or email us on support@bookiebashing.net.

Step 1 - Sign up to Coral

Once you have found a suitable event to bet on go to Coral through the link provided to ensure you receive the correct offer (choose the Bet 5 get 20 offer if there is more than one). Sign up for a new account and deposit £5.

Step 2 - Sign up to Betfair

Go to Betfair through the link provided and you will get the added bonus of some money back if your lay bet loses. The amount you deposit will depend on the odds of your bets (higher odds needs more to cover your back bet), £20 should do it for now.

Step 3 - Find your bets

Find a good match at Coral. This needs to be at odds greater than 1.5 and it is advisable to stick to big events in the next day or so, such as premier league football.

Step 4 - Place a £5 bet with Coral

Go back to the Coral page and place the £5 bet on the event you just found. Make sure your bet has been placed by checking your balance has gone from £5 to £0. You will also be able to see details of it in the 'Bets' section of your Account.

Step 5 - Calculate your lay stake

Use the Bet Calculator to work out your exact lay stake. This should be be around the £5 mark.

Step 6 - Lay bet with Betfair

Go back to the Betfair page and place your lay bet. Remember to use the pink box not the blue ones, the liability should be roughly the same as the amount you are expecting to win from your Coral bet.

Step 7 - Find bets for free bet

Find a good match at Coral. Look to use higher odds for a better return, somewhere in between 4 and 8 would be sensible for now.

Step 8 - Place your free bets with Coral

Go back to the Coral page and place the free bets. You should have four £5 free bets so either put them all on the same thing or repeat this process for each (if you place them separately you won't need as much money in your Betfair account to cover it.

Step 9 - Calculate your lay stake

Use the Bet Calculator to work out your exact lay stake. This should be be around the £4 mark for each or £15-16 if you place all four on the same thing. Make sure you click the free bet (stake not returned) button on the calculator).

Step 10 - Lay free bet with Betfair

Go back to the Betfair page and place your lay bet. You may need more funds in your Betfair account dependent on what happened to your first bet and what odds you are now using. Once these bets have settled you're all done, you've made your first profits!

Step 11 - Sign up

This process may have taken a while the first time but you will soon speed up and the rewards will be well worth it. Fancy a few hundred quid for a holiday, no problem.