Coral Review - Bet £5, Get £20 | Step by Bet

Coral review – Bet £5, Get £20

Coral Logo SmallIn 1926, Joe Coral borrowed some money from a local café owner to set up his own bookmaking business running betting pitches at greyhound courses in London. Today, there are over 1,800 Coral betting shops in the UK and the bookmaker is the third largest operating in the country.

Given their impressive history of success, you won’t be surprised to hear that they also run a very good online betting site. With live streaming, in-play betting and an easy to navigate website, this is a great option for beginners and veterans alike.

Welcome Bonus – Bet £5, Get £20 FREE

Most online bookmakers will offer you a free bet upon creating a new user account and this is no different with Coral and their £20 free bet. When a new customer creates an account and places a bet of £5 on odds at evens or higher, Coral will reward them with a free £20 which can be used on any sports betting market.

While this may not be the biggest free bet out there in terms of overall value, it actually works out so that you will receive four times the amount of the qualifying stake. This makes it a better pound for pound deal than the majority of free bet offers from the majority of their competitors.

Click here to claim your £20 free bet right now!

Banking options

Coral offer a variety of different payment methods, making it incredibly easy to deposit and withdraw your money. Here are some of the ways you can bank with Coral:

  • Debit and credit cards: Visa, Visa Electron, MasterCard, Maestro.
  • E-Wallets: PayPal, Skrill, Neteller.
  • Bank transfer and cheque.

There are no fees to be expected from Coral, but individual credit card suppliers and e-wallet providers may apply their own charges to transactions. Deposits are instant and are all limited to a minimum amount of £5. Withdrawals to e-wallets are also processed immediately whereas card and bank transfers will take a few days. Minimum withdrawals are limited to £5 and maximum withdrawals vary depending on your desired payment method.

Customers can use a limited number of currencies when betting online with Coral. The available currencies are: UK Pound Sterling (GBP), Euro (EUR), US Dollar (USD) and Swedish Krona (SEK).

Depositing with Coral 

Deposit Method Deposit time Deposit Fees Minimum Deposit Maximum Deposit
Debit card (Visa Debit, Visa Electron, Maestro, MasterCard) Instant No fees £5 £99,000
Credit Card (MasterCard, Visa) Instant No fees £5 N/A
PayPal Instant No fees £5 £5,000
Skrill Instant No fees £5 £7,500
Neteller Instant No fees £5 £50,000
ECOPayz Instant No fees £5 £50,000
Instant Banking Instant No fees £5 N/A
Click and Buy Instant No fees £5 N/A
Ukash Instant No fees £5 (or whole voucher value) £200
PaySafe Card Instant No fees £5 £1,000

Withdrawing with Coral

Withdrawal Method Withdrawal times Withdrawal fees Minimum withdrawal Maximum Withdrawal
Debit card (Visa Debit, Visa Electron, Maestro) 2-5 working days No fees £5 £100,000
Credit card (MasterCard, Visa) 2-5 working days No fees £5 ????
PayPal Instant No fees £5 ????
Skrill Instant No fees £5 ????
Neteller Instant No fees £5 ????
ECOpayz Instant No fees £5 ????
Instant Banking Instant No fees £5 ????
Click and Buy Instant No fees £5 ????
Bank Transfer 3-5 working days No fees £5 ????
Cash withdrawal from Coral shop Instant No fees ???? £500

Other features 

Mobile betting – Coral offer an impressive mobile app which is available for most popular portable devices. Android users can download it for their smartphones and tablets whilst iPhone and iPad users will find it available to download in iTunes app store. Find out more information about the Coral mobile app here.

Live streaming – Coral offer their online customers free live streaming. Whether you want to use your desktop PC or your mobile device, you can follow live action from football, snooker, tennis, basketball and rugby fixtures.

Statistics hub – If you’re a stickler for a statistic then Coral is the online betting site for you. With their comprehensive statistics hub, you can access all the important data before, during and after an event in any sport. Find out the current form of a team, the head to head history, and which striker is on fire; here you will find everything you need to make the best judgement.

Cash out your bet – Put your nerves to the test with the Coral cash out feature. During live events you will be able to cash in on winning bets or cut your losses on losing bets.

On-going promotions – The rewards don’t stop after you claim your £20 free bet from Coral. The online bookies reward loyalty and celebrate sporting events by offering on-going rewards and limited edition promotions. Some examples include:

  • Money Back If Beaten By a Head in the horse racing section of the site.
  • The Football Acca Insurance in which you will get a free £25 bet if you place a To Win and Both Teams to Score fourfold accumulator and one selection lets you down.

Coral Radio – Enjoy live radio commentary of horse racing, football, cricket, greyhound events as well as sports news in general.

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