Coral Sign Up Offer: £20 in Free Bets For New Customers

Coral has been around as a UK bookmaker since 1926 when its founder Joe Coral operated betting pitches at racecourses, later also organising speedway events and providing on-track betting on them. Coral was then involved in a series of mergers over the years, the most important of which was being bought by Ladbrokes in 2016, with Ladbrokes Coral as it then became, then itself being acquired by GVC Holdings, in March 2018.

Coral Sign-Up Offer Explained in Detail

New customers at Coral can look forward to one of the most generous welcome bonuses on the market. As per the Coral Sign Up offer, customers can claim a £20 free bet when they deposit and wager just £5 after opening their account.

How to Claim The Coral Sign Up Offer

The Coral new customer offer is pretty straightforward to claim but does involve some essential steps that need to be done correctly in order for you to get your Coral free bet.

Here’s what you need to do: 

1) Open an account 

• Click on the yellow ‘Join’ button from the homepage. 
• Enter your country of residence, choose the currency you want to deposit, withdraw and play in and provide your email address. 
• Choose a User ID and a password. Click ‘Continue’. 
• Enter your title (Mr/Mrs etc), full name and date of birth. 
• Enter your mobile number and postal address and choose whether you wish to receive notifications about future Coral Free bets and other promotions.
• Click on Create Account. 

2) Deposit Limits and Verification

You can choose to set a deposit limit from the outset if you wish, though you can also do this at a later date.  

Though you can start playing straight away without going through a verification process, also known as Know Your Customer (KYC), we advise you to do your KYC check as soon as possible. 

It involves providing documents like a Passport/ID Card and proof of address such as a utility bill.

You’ll only be able to withdraw funds from your account once you’ve passed your KYC check so in order to speed up the Coral withdrawal times, it’s best to do it straight away.

3) Make a Deposit

Make your first-ever deposit for at least £5 using VISA or Mastercard. It’s vital that you use one of these two methods as opposed to e-wallets or other methods or else you won't be able to claim the Coral Welcome Offer.

Place a qualifying bet for at least £5 on a single, each-way or single-line accumulator at odds of 1.5 (1/2) or greater.

If it’s an each-way bet, the win part of it must come to at least £5; if it’s an acca, all legs of it must be at odds of at least 1.5.

There’s no need to enter a Coral Bonus code. 

4) Use your free bet 

Your £20 Coral Free Bet should be credited as soon as you place the qualifying bet.

The free bet can be used on any sport you like and doesn’t have minimum odds. In order to use it, you need to choose from your available free bets (in most cases it will be the only one available) on your bet slip and you then need to tap ‘Place bet’.

You need to use your Coral free bet within 7 days of it being awarded and be aware that if it wins, only the profits will be paid to you and that the stake won’t be returned.

Coral Sign Up Offer Key Terms and Conditions

We’ve mentioned some of them already but here are some key terms and conditions relating to the Coral Sign-Up offer.

• This Coral Welcome Offer is open to UK & Republic of Ireland residents aged 18 years or over opening a NEW Online or Mobile account in either £/€ currency and depositing using Visa or Mastercard.
• Online and Mobile customers claiming this Sports Promotion will not be eligible to receive any other 'New Customer' free bet sports promotion.
• The Qualifying bet/s will be made of a real money sports bet of at least £/€5 win or cumulative stakes of up to £/€5, at fractional odds totalling 1/2 or greater.
• A bet will not be considered a Qualifying Bet if it is wagered on Tote or Pools.
• Your free bet must be wagered in full, can be redeemed on Win or Each-Way Bets and can only be used on the following listed Bet types: Single, Double, Treble, 4-Fold and Upwards Accumulator, Forecast and Combination. Free bets are not valid on Football Jackpot, tote, other combination and multiple bets (i.e. Lucky 15s).
• Please note that the value of your free bet will not be included in any winnings.
• Your free bet is not returned if your free bet wager becomes void.
• You cannot “Cash Out” your free bet.
• The Coral Free bet must be used within 7 days of it being credited to your account, otherwise it will expire and not be reissued.

Does Coral Offer a Bonus Code?

No. There is no Coral Promo code that needs to be entered at any stage.

How Does The Coral New Customer Offer Compare with Competitors?

As we said already, the Coral Welcome offer is one of the better ones out there but let’s see how it compares with those at a few other top horse racing betting sites.

On Which Sports Can You Apply The Coral Welcome Offer?

As it happens, both the qualifying bet and the free bet can be used on any sport you like from Coral’s offering of 40+ different sports. Here’s a selection of some of the best of them. 

Football 

That Coral offers betting on just about any professional football match in the world with lots and lots of different markets available for each match, including the option to wager on Bet Builders, should come as no surprise.

But what you maybe didn’t know is that for the vast majority of games, there are some useful stats on offer within the match markets such as top goalscorers, standings and stats around the over/.under 2.5 goals market.

We found the betting odds themselves very competitive in relation to other bookies whereas it’s also always worth checking out for any Odds Boosts for even greater value. 

Horse Racing 

There’s racing from all over the world available at Coral including the UK, Ireland, France, Japan, Australia and South Africa.

Not only that but Coral has an extremely impressive selection of different betting markets, considerably more than the vast majority of other bookmakers. These include: Win or each-way, Totepool, Forecast, Betting Without, Insurance- Place 2 and Betting Without markets.

Another big advantage is that all races are available on live streaming, a big help when it comes to live betting.

As is the case with most bookmakers, they ramp up their efforts in terms of marketing and extra betting markets when it comes to the Cheltenham Festival.

Tennis

There are some great tennis stats on offer as well and most games can also be live-streamed, which just adds to the experience.

Their live betting offering is strong for tennis, meaning there are loads of markets available ahead of and during each game and set, not just the match as a whole.

Other than betting on individual matches, Coral punters can also bet on outright markets and Specials, such as how many Grand Slams a particular player will win in that calendar year.

Mistakes To Avoid When Claiming the Coral New Customer Offer

As far as welcome offers go, this is one of the more straightforward ones. But here are a few errors to be aware of in terms of making sure that you avoid them. 

Make sure you deposit with Visa or Mastercard

These are the only two depositing methods that will allow you to claim the free bet so make sure that you use one of them. 

Make sure your qualifying bet qualifies

Remember that:

• The bet needs to be for at least £5.
• It must be a win, each-way or single line acca at odds of 1.5 or greater. 
• Remember not to place it as a Tote or Pools bet.

Use your free bet correctly 

• You only get one shot at using it so make sure you place the free bet for the full £20. If you place it for less than that, you’ll lose the rest of the stake. 
• To use the Coral Free Bet rather than your own money,  you need to make sure that after making the selection, you choose the (correct) Free Bet option on your payslip rather than placing it with your own money or using any other free bet you may have been awarded. 
• Make sure you use the free bet within 7 days of it being awarded to you or else it will expire. 
• Don’t attempt to Cash Out your free bet. 

Coral Free Bets and Offers for Existing Customers

Let’s look at some of the best offers that Coral customers can take advantage of beyond the welcome offer.

Odds Booster 

Get paid out more than usual thanks to Boosted Odds on certain selections across football, tennis, racing, cricket and more. 

Best Odds Guaranteed 

Whether the horse or greyhound you backed to win was a bigger price when you backed it or at its Starting Price is irrelevant; you’ll always be paid out at the biggest of the two on all UK and Ireland races. 

Extra Places Paid Every Day 

Get paid out on extra places in selected races turning losing bets into winning ones!

Coral Responsible Gambling Features

Coral takes responsible gambling extremely seriously and this is reflected in the fact they have a section on their site especially dedicated to it.

It includes sections with videos and other useful content about Spending Controls, Time Management, Self-exclusion, Budget Calculators, Loss limits and Self-Assessment Tools.

Many of these sections also have tools in place for you to control your gambling when it comes to time and money, while there are also useful links to Support Organisations such as GamCare and Gambler’s Anonymous.

The ‘Safer Gambling’ tab is at the top of the homepage. 

Our Experience Using Coral

I was particularly impressed with the range of sports (40+), the frequency and generosity of their many offers, their fast withdrawals compared to other bookies, their commitment to Responsible Gambling and quality of their blog; in addition to great news stories, tips and insight, it includes content from such famous Brand Ambassadors as Alan Shearer and Tom Scudamore.

It’s hard to find much in the way of faults at a betting company that’s doing most things extremely well at present and keeps on getting better. Maybe the site can at times be a little cluttered and maybe they can come up with some more promos for sports other than football and racing. But those are the only real suggested improvements at an otherwise excellent site.