This article explains everything you need to know about Coral Cash Out (also known as Cash Out My Bet) and Partial Cash Out, including a step-by-step guide on using the feature and the key terms you should know.
Coral Cash Out Explained
The Coral Cash Out feature allows punters to end their bet before the event finishes, taking any available winnings. If you see the ‘Cash Out’ icon at the top right corner of the page, like in the image below, it means you can cash out on that market.
Following the trend within the online betting world, Coral offers both Full Cash Out (or as they like to call it ‘Cash Out My Bet') and Partial Cash Out (or as they like to call it ‘Partial Cash Out My Bet'), meaning customers now have even more control over their bets than ever before.
What Is Coral Cash Out?
The full Coral Cash Out is an excellent feature that lets you settle a bet at the indicated value before an event has finished. This means you can still take back some of the winnings without risking the entire stake by waiting for that last selection on the betslip to come through.
You can cash out online and via the Coral sports mobile app by navigating to the ‘Cash Out' tab. Markets that are available to Cash Out will have the ‘Cash Out' symbol next to them. The Coral cash out app is possibly the quickest way complete the process.
Think of it as a bonus tool, just in case your bet is not as foolproof as you thought, and you need to be bailed out.
Here are a few scenarios where a Coral cashout might be the best choice.
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You bet on Manchester United to beat Arsenal 2-0. United scored twice in the first 30 minutes. Do you wait and hope for no more goals, or take at least some of the profits?
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You backed Carlos Alcaraz to win the Australian Open, but he’s facing Novak Djokovic in the final. Do you pray for an upset or cash out pre-match and take the available winnings?
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You’ve placed a fourfold acca on a football match; 3/4 have already come through, but it’s the 80th minute, and your fourth leg is looking unlikely. Do you wait to see the outcome match, or cut your losses and take the cash out?
Coral Cash Out My Bet is open to all customers. The Cash Out button will be visible at the bottom of your betslip.
There is a maximum cashout cap of £50,000 per bet, including the stake. The limit applies to both full and partial cashouts.
How to Use Coral Cash Out – A Step-by-Step Process
Coral makes cashing out as simple as possible for you; this is how to cash out on Coral betting slip:
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Click on the ‘Cash Out’ icon at the bottom of the screen to view all qualifying bets that can be cashed out.
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Hit the ‘Cash Out’ button after you’ve decided to go forward with the option, or select what percentage to take out and click ‘Partial Cash Out’.
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Press the confirmation button to initiate the process. You should then see the “In Progress” message.
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Look for the ‘successfully cashed out’ message that confirm the bet has been cashed out. If the message does not appear, your wager has not been cashed out.
The Coral bet tracker is a pretty handy tool to view all your Cashed Out bets in your My Account section. Click on the Cash Balance in the top right corner. Select Bet History. You’ll see the betting history, together with all Cashed Out bets.
What Is Coral Partial Cash Out?
A partial Cash Out lets you cash out a part of your stake, while still leaving some funds to run on the bet slip. This means you could recoup your initial stake, and still generate more winnings.
To use the feature, head over to the Cash Out Coral betting slip and use the slider to decide how much you want to take out. Coral’s partial cash out can only be taken out in 9% increments, this means that only the following percentages can be cashed out: 9%,18%, 27%, 36,% 46%, 54% 63%, 72%, 81% or 90%.
The calculations of your cash out amount will all be done automatically. Coral will even indicate if you're making a profit by the colour of the cash out button. If the button is orange, it’s less than your original stake. If it turns gold, you're in the money.
Partial Cash Out is open to all customers, and could even prove to be a solid betting strategy if you're placing risky bets.
Why Can’t You Partially Cash Out Your Bets?
Since partial cashouts are quite particular, there are some cases in which you won’t be able to use the feature:
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Any bets which used free bets, bet boosts or other promotions are ineligible.
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If the cash-out amount or your remaining stake is below 10p.
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The option is removed near the end of an event, generally around 5 minutes before.
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The cash-out amount is £0.
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There are more than 14 legs in a betslip.
The best part about the partial Cash Out is that you can use it as many times as you like, as long as you adhere to the above rules. For example, if you stake £1 you can partially cash out 9 times (90%) until you reach the limit of 10p.
Coral Cash Out Key Terms & Rules
If you want to get the most of cashing out, you need to know the ins and outs of the option. The following are all the relevant Coral cash out terms and conditions, which you should keep in mind when betting.
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Available for online, mobile and telephone customers.
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Available on selected events, fixtures and markets.
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All Cash Out requests are subject to a time delay.
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Coral Cash Out My Bet is only available on bets where all selections placed are from eligible markets.
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Cash Out My Bet is subject to a Cash Out cap of up-to £50,000 per bet whether Cashed Out in full or Partial Cash out increments (inclusive of stake).
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Partial cashouts can be cashed out in 9% increments, between 9% and 90%. For example, you can cash out 45% or 54%, but not 50%.
Betting Markets Available for Coral Cash Out
Coral’s cash out feature can be found on a wide range of markets across several sports. As we mentioned earlier, look out for the cashout Coral icon to confirm which markets are available. This is the current list of available cash out sports.
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Horse Racing
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Football – over 30 markets available
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Tennis
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Cricket
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Darts
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Snooker
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Basketball – 26 markets available
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Boxing
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Volleyball – 75 markets available
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Handball – 10 markets available
Why Would Coral Cash Out Not Be Available?
These are the most common reasons why you might not see the cash out coral on the betting slip.
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The sport or market you’re betting on isn’t part of the promo.
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Any bets which used free bets, bet boosts or other promotions are ineligible.
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If one or more legs don’t offer the ‘Cash Out’ option, you won’t be able to use cash outs at all.
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The market has been suspended as something significant is occurring in a match for ex, a goal is socred or a red card is given.
Not Yet Joined Coral?
Register today and take advantage of the Coral Bet £5 Get £20 in free bets sign up offer. Just sign up and place a £5 bet at odds of 1/2 or greater and Coral will instantly credit you with £20 in free bets, as explained below. Alternatively range of Coral bonus codes available.
Cash Out An In-Shop Bet
To Coral Cash Out an In-Shop bet simply go to cashout.coral.co.uk and enter your 7 letter Cash Out code (located on your bet receipt just above the barcode). You'll then be able to view your Cash Out options. If you have placed more than one bet on the same football coupon then you will be offered a separate Cash Out value for each of your bets. Click the orange ‘Cash Out' button to Cash Out your bet followed by ‘Confirm'.
ThePuntersPage Final Say
Cash Out from Coral puts you, the punter, in complete control. When your bet is at the heart of the action, Cash Out gives you the option to lock in a profit or loss, before an event has finished. Say goodbye to those last minute heartbreaks with Coral Cash Out!
FAQs
When betting on markets with the ‘Cash Out’ option, you can end your bet early, reaping the rewards before anything can derail your bet.
Bets that qualify for a cash out can be placed on horse racing, football, tennis, cricket, darts, snooker, basketball, boxing, volleyball, and handball. Note that the number of eligible markets differs across sports.
There are a number of possible reasons, if the market is not part of the promotion, or if you used a bet boost or free bet you won’t be eligible for cash out. If you placed multiple folds, all markets must be eligible for cash outs, or else the option won’t be available at all.
A Cash Out effectively ends your bet early, rewarding you with whatever is offered. A partial Cash Out lets you take back a part of your stake + winnings, while still leaving some funds in the bet so that if it does come good, you’ll win the rest of the stake.
No, it’s completely up to you, if you wait until the natural completion of a betslip, you’ll win the full return, but you might lose the bet entirely. A cash out allows for the early stopping of a bet and guarantees some winnings.