The brand Coral stands out from other betting services in the UK since it allows punters to cash out bets in the online betting site and retail betting shops. With this feature, you don’t need to wait for matches to be concluded naturally. You can simply end your wagers and take the winnings at the current prices.
How to Cash Out Your Bets at Coral
- Go to your open bets.
- Choose the wager you intend to cash out.
- Move the slider to indicate the amount you want to cash out.
- Click ‘Cash Out’ button.
- The bookmaker will offer you a prize for your ticket. Now, you should decide weather or not to accept the price offered.
You will only be able to cash out wagers in retail betting shops if you have a Coral Connect Card. To complete the process, you should follow these steps:
- Go to https://sports.coral.co.uk/bet-tracker.
- Add the seven-letter code on the receipt.
- You can also scan the bar code on the receipt.
- Follow the game on the website and use the cash-out feature when you want to end the bet.
You can cash out single bets and multi-bets. You will have to ensure that all selections in the multi-bet are eligible for cashouts. Otherwise, you will need to wait for the natural conclusion of the games.
Although this feature is mostly used in football, basketball, and volleyball, it is available in a wide range of sports. These include horse racing, tennis, cricket, darts, snooker, and boxing.
To determine whether a particular market will be eligible for cash-outs, you should look out for the ‘Cash Out’ symbol next to the betting option.
Partial Cash Out
Besides the full cash out feature, the Coral bookmaker offers another option – the partial cash out. This operator gives you the chance to close only a specific part of your wager. The player can choose what amount of the betslip to settle in advance. The rest of the bet can remain active.
If the forecast in your wager turns out right, the active bet will be settled with the initial odds of your betslip. If, however, the event doesn’t go as planned, the active bet amount will go to the bookmaker.
Can you cash out on Coral?
Yes, you can cash out your wagers on Coral, and this option is available for the online and offline betting service.
What does it mean when Coral says that cash-outs are suspended?
Occasionally, Coral suspends the cash-out option as the system has to calculate new odds continuously. This usually happens when major events take place in the matches. Also, remember that the bookie will always suspend cash-outs five minutes before the matches are concluded.
How long do withdrawals take at Coral?
The withdrawal period varied depending on the banking method you use. For example, if you use Coral Connect Card, the payment will be processed instantly.
Do cashouts include the original stake?
Yes, the cashout will include the initial stake. However, the casino will adjust the odds to reflect the current state of the match.