Coral Cash Out Explained

Coral Cash Out My Bet

Sports fans in the UK have grown accustomed to having full control over their bets these days, with Coral among the British betting brands that have aimed to do so with new innovations.

Coral Cash Out gives users with Coral accounts the chance to take a guaranteed profit from their wagers, keep letting the bet ride in the hope it wins, or take a partial cash-out offer instead.

Coral customers might be unsure about exactly how Coral Cash Out works, especially as Coral Cash Out can be used online or in physical stores, though it might not always be available.

Read on for our complete guide to Coral Cash Out – which is also known as Cash Out My Bet.

What is Coral Cash Out?

Coral Cash Out is the British betting brand’s way of giving its customers control over their bets.

There are two parts to Coral Cash Out: Full Cash Out – or as Coral calls it ‘Cash Out My Bet’ – and Partial Cash Out, or to give it the name Coral uses instead, ‘Partial Cash Out My Bet’.

As an example, let’s say that a Coral customer has placed a £10 bet on Manchester City to beat Liverpool in a Premier League game by the scoreline of 2-1, with the wager made at 10/1 odds.

This means a profit of £100 is possible from the bet. With Coral Cash Out, however, users will have the chance to bank some guaranteed profit, depending on what happens in the game.

If City takes the lead in the game to make the score 1-0, it is likely that Coral Cash Out would immediately give the customer a positive offer when it comes to the Full Cash Out offer.

In the event of the score becoming 2-1 by the end of the game, Coral customers would be very tempted to use Coral Cash Out to ensure that they got a positive return from their wager.

It is possible that around £50 or even more could be up for grabs through the Full Cash Out deal, giving customers a hefty profit on the £10 that they put down on City to win the game 2-1.

However, the intriguing thing about Coral Cash Out is the chance to take a portion of winnings in advance while letting the rest of the bet ride, through the Partial Cash Out My Bet section.

With Partial Cash Out My Bet, Coral customers might be able to take a small profit of some guaranteed winnings from their wager while allowing the rest to ride, potentially making more.

Coral Cash Out is open to all customers and the intriguing thing is it is not just for online bets. A lot of Coral customers like to place wagers both online and in-store, so how does it work there?

How to Use Coral Cash Out In-Store and Online

Check out our step by step guides for how to use Coral Cash Out in-store and online below.

How to cash out online bets at Coral

1. Log in to your account at coral.co.uk – if you are not a customer yet, sign up for one
2. Head to the ‘open bets’ area – this is where all active wagers can be found
3. Click or tap on the bet that you are thinking about taking a cash-out offer for
4. Select cash out to see the Full Cash Out or Partial Cash Out offers available

How to cash out store bets at Coral

1. Log in to your account at Coral and head to cashout.coral.co.uk
2. Tap in the Cash Out code that is located on your bet receipt
3. View the Cash Out options that are available and pick which to use
4. Enjoy the guaranteed profits that can be locked in from store bets

Yes, it really is that easy to learn how to use Coral Cash Out both in-store and online as well.

Why Coral Cash Out Might Not Be Available at All Times

While Coral Cash Out is available for all customers, it might not be offered at all times.

For example, Coral Cash Out might not be up for grabs in the event of a free bet being used.

Sometimes, there are also restrictions on the types of bets that are eligible for Coral Cash Out.

This means that if a Coral customer places an accumulator, but one leg of the bet does not qualify for Coral Cash Out, the user will not be able to use the cash out options on offer.

In the event that the wager placed by a Coral customer was part of a betting bonus or a promotion, it might not always be available for Coral Cash Out 100% of the time.

If a wager does not look as though it is likely to win at all and the cash-out offer stands at £0, then it will not be available to cash out for an obvious reason – there is nothing to cash out!

For reference, Coral Cash Out is offered on the majority of major football betting markets.

Coral Cash Out is also usually offered for major tennis betting markets – such as match-winner and set winner – as well as fight betting markets for boxing and match markets for darts too.

Coral customers just need to make sure that they have accepted the Cash Out My Bet agreement, otherwise, they will not even be able to see the cash out options that are offered.

Key Terms and Rules for Coral Cash Out

Here are some of the key terms and rules to know about how Coral Cash Out works:

• Available on the main Coral site, as well as via its Android and iOS mobile apps
• Coral Cash Out is available for most of the brand’s major betting markets
• Cash Out My Bet is only offered for eligible wagers
• Cash Out cap of up to £50,000 per bet winning wager

Coral Cash Out FAQs