Coral Cashback - Perfect For Big Bets

Coral have launching a new cashback scheme, aiming to differentiate themselves from the other online bookies. The way that it works is that you gamble with Coral as normal, and at the end of every month they refund 10% of your net losses back into your account.

This offer is similar to ongoing free bets and for those who have more than one online betting account it may well tip the advantage to Coral when one looks to place a bet due to the added 10% cashback factor, add that to the fact Coral are one of the UK’s most well known bookmakers and that they offer pretty decent and competitive odds (unlike some other unmetioned bookies!) I think they are onto a winner with this.

Now from an arbing point of view I think that it is possible to profit from this offer by placing one large bet and laying it off at a betting exchange, obviously this would require a large bankroll and can only be done once a month. If the bet loses then you will get 10% of the stake back, otherwise wait until the next month, rinse and repeat.

To signup to Coral and obtain a free bet if you are new to them then click here.

Alternatively view more information on this unique betting offer here.

10% Cash Back – Terms and Conditions

To qualify for this Cash Back offer you must be aged 18 years or over and be a customer of Coral.co.uk placing bets or playing any of the real money games between 00:00:00 on 05/05/09 and 11:59:59 on 31/12/09 and have registered for this offer by completing the offer registration form accessed from the Home Page. Playing for fun does not contribute to eligibility for this offer. This offer is only open to residents of those countries or states where coral.co.uk accepts customers and is subject to coral.co.uk’s normal full rules, terms and conditions.

Participating customers will automatically have their Coral.co.uk account credited with 10% of their *net calendar monthly losses as returns*net monthly losses on settled sportsbook bets and gaming (excluding peer-to-peer games i.e Poker, Dice Arena, Head-To-Head and Bingo) between the first and last days of each calendar month except for the first month when net monthly losses will be calculated from date of registration for the offer and the last day of that month. Offer only applies to the first £2,500 of net losses. Customers wishing to be considered for cash back on net losses above £2,500 can apply to join our VIP club by emailing

Only one Cash Back registration per person. Customers with multiple accounts will not be eligible for more than one Cash Back. New accounts being opened to claim additional cash back will be closed and cash back funds not credited. In the event of any offer abuse being identified or suspected, promotional bonuses will not be granted and management reserves the right to prohibit or exclude certain individuals, groups or regions from promotions with immediate effect.

Customers whose account becomes closed prior to the date of Cash Back credit (on or before the fifth day of each month) will not qualify for the offer

Withdrawals of Cash Back credit must comply with existing Coral withdrawal rules located in the Help section within the Account tab.

Cash Back Offer will run until 31/12/09

This is a cash back promotion. Any pending bonuses related to other bonus schemes remain unaffected and do not affect this promotion.

Coral may cancel, terminate, modify or suspend the promotion or these terms and conditions at any point and for any reason, including for technical reasons such as and not limited to computer viruses, bugs, tampering or technical failures.

In the event of a betting dispute, Coral.co.uk reserve the right to withhold Cash Back credit payments until resolution of dispute

Void bets, other losing bonuses and losing free bets will not be included in Cash Back calculations

Details of any Cash Back credit will be included in the customer statement. Customers who have opted to receive marketing information will also be sent an email.

Coral.co.uk decision is final. No discussions will be entered into.

Promoter: Coral, c/o Eurobet House, 10-24 Church Street West, Woking, Surrey, GU21 6HT