Coral Cash Out Explained

What is Coral Cash Out?

The Coral Cash Out feature allows you to opt-out of a bet while the event you wagered on is ongoing. You have the option to collect all your winnings through a Full Cash Out, commonly referred to as ‘Cash Out My Bet’, or through a Partial Cash Out,  also known as ‘Partial Cash Out My Bet’.

• ‘Cash Out My Bet’ - This option lets you take out 100% of your winnings from a bet at whatever point of the event.
• ‘Partial Cash Out My Bet’ - This option takes out only a percentage of your winnings — between 10% and 90% — from a bet and allows whatever percentage of your bet you leave to continue running until the end of the event.

Let’s say you bet that Arsenal will win their match against Manchester United 3-0.  Thirty minutes and they have scored two goals so far, and they are quoted to win 9/1. So what do you do?

• Do you take the risk and ride out your full stake until the end of the game? Or 
• Do you choose to take your winnings early and go the Cash Out My Bet route? Or 
• Do you go the Partial Cash Out My Bet route and say leave about 40% of your bet to continue running until the final score? 

The intriguing bit about Coral Cash Out is that two of the three options guarantee you a profit on your bet.

So how do you Cash Out Your Bet and get your hands on your winnings? Here is a 3 step guide to help you cash out on Coral online or in-shop bets.

3-Step Guide For How To Coral Cash Out Online Bets  

1. Log in to your account on www.coral.co.uk 
2. Click on  ‘open bets’ – here is where you can find a full view of all your active bets.
3. Select the bet you want to Cash Out. Click “Cash Out.” You shall have the Full Cash Out or Partial Cash Out offers displayed to allow you to decide.

3-Step Guide For How To Coral Cash Out In-Shop Bets 

1. Visit sports.coral.co.uk/bet-tracker
2. Key in the Cash Out code at the top or bottom of your bet receipt.
3. Select your preferred Cash Out option to have your winning processed.

Alternatively, if you cannot access sports.coral.co.uk/bet-tracker, you can Cash Out your winnings at the betting shop by presenting your bet slip to any staff member. However, please note this is a limited option available during half time and full time. Also, if the shop is crowded, priority is given to bettors placing bets over those who want to Cash Out.

While the Coral Cash Out service is available to all customers, your bet or bets may not always be eligible for Cash Out for various reasons. 

Coral Cash Out Option Unavailable? Here are 6 Reasons Why.

1. You did not click to accept the ‘Cash Out My Bet Agreement’. This is a requirement to Cash Out a bet for the first time;
2. The number of selections in the accumulator is above the maximum of 14.
3. The event you want to Cash Out your bet on is almost over. The Cash Out My Bet option is suspended approximately 5 minutes before the end of any event.
4. At least one of your selections has been placed on a market that is not eligible for Cash Out.
5. At least one of the selections on your bet is suspended due to incidents such as a goal has been scored thus the prices are changing, or a player has been sent off.
6. At least one of your selections contributes to other Coral offers or specials, including enhanced price specials.

Important Terms and Conditions for Coral Cash Out 

As with most features, you must meet a few conditions to be eligible for the Coral Cash out. For starters, you must be a Coral customer with an account registered in the UK & Republic of Ireland. What’s more, you must be at least 18 years old and the betting can only be carried out in either £/€ currency.

Access to Coral 

Coral Cash Out is available on its site coral.co.uk and is accessible via its betting apps for Android and iOS.

Coral Cash Out Sports, Events, and Markets 

Coral offers Cash Out on a wide range of sports and markets including;

1. Volleyball – 75 markets available
2. Football – 30 markets available
3. Basketball – 26 markets available
4. Handball – 10 markets available
5. Tennis
6. Cricket
7. Darts
8. Snooker
9. Boxing

The bookie is constantly adding more sports and markets for bettors to wager on, so check out the site to see what’s new.

Maximum Coral Cash Out amount.

You can Cash Out your Bet up to a maximum of £50,000 (inclusive of your stake), whether as a full Cash Out or partial Cash Out.

Cash Out My Bet Eligibility 

Cash Out is available to all Coral customers; however, wagers eligible for a Cash Out are identified with either a ‘Full Cash Out’ or ‘Partial Cash Out’ button on the bet slip. If your bet is not eligible for a Cash Out, there will be a ‘Suspended’ button.

Coral Cash Out My Bet Processing

Because Coral Cash Out is a live feature, the only guarantee that your bet has been cashed out is the Successfully Cashed Out’ message. For as long as the ‘In Progress’ message appears, sit patiently and wait for your winnings. Please note that all Cash Out requests are subject to a slight delay when processing.