New Coral customers in the UK and Ireland can get a free bet of up to £50 by placing their first bet of up to £50 at odds of 1/2 or bigger. Coral matches your qualifying stake, so a £20 first bet gets you a £20 free bet and a £50 bet gets you the full £50. You have 7 days to use it, and no Coral promo code is needed.Below, Racing TV explains how to claim the Coral welcome offer, the key terms, how to use your free bet on horse racing, and our full review of Coral as a racing bookmaker.
New UK & ROI Customers only. Min deposit up to £/€50. Min first up to £/€50 bet at minimum odds 1/2 to qualify for up to 1x £/€50 free bet. Certain deposit methods and bet types excl. Free bet valid for 7 days, stake not returned. Restrictions + T&Cs apply. 18+ GambleAware
The Coral sign up offer matches your first bet with a free bet worth up to £50. It’s only available to new UK and ROI customers who don’t already have a Coral account.
Key terms at a glance:
Offer: Bet up to £50, get a matching free bet of up to £50
Free bet: 1 x free bet equal to your qualifying stake, max £50
Minimum odds: 1/2 (1.50)
Qualifying bet: your first bet on your new account
Free bet expiry: 7 days
Promo code: Not required
Opening a Coral account and claiming the offer only takes a few minutes:
Click the Claim Offer link on this page to go to Coral’s website or app.
Tap the yellow “Join” button in the top right corner.
Enter your name, date of birth, address, email, user ID and password.
Select your country of residence and currency, then click “Complete”.
Verify your identity if Coral asks for documents.
Deposit up to £50 using an eligible payment method.
Place your first bet of up to £50 at odds of 1/2 or greater.
Coral will credit a free bet matching your qualifying stake, up to £50.
To get the full £50 free bet, make sure your first bet is £50. Coral only matches your first bet, so a smaller first stake means a smaller free bet.
New UK & ROI Customers only. Min deposit up to £/€50. Min first up to £/€50 bet at minimum odds 1/2 to qualify for up to 1x £/€50 free bet. Certain deposit methods and bet types excl. Free bet valid for 7 days, stake not returned. Restrictions + T&Cs apply. 18+ GambleAware
New UK and ROI customers only, aged 18+.
Your first bet must be at odds of 1/2 (1.50) or greater to qualify.
The free bet matches your qualifying stake, up to a maximum of £50.
Certain deposit methods and bet types are excluded [list them from Coral’s T&Cs].
The free bet must be used within 7 days.
The free bet stake isn’t returned. If it wins, only the winnings are added to your account.
Full Coral terms and conditions apply.
No. You don’t need a Coral promo code or bonus code to claim the welcome offer. Sign up through our link, make your deposit and place your qualifying first bet, and your free bet is added automatically.
Yes. You can place your qualifying first bet on a horse race, as long as it’s at odds of 1/2 or bigger and isn’t an excluded bet type. You can then use your free bet on racing too.
A fixed-odds win or each-way bet is the simplest way to use it. Tote and Pools bets are typically excluded from free bet offers, so check the terms before you bet.
Once you’ve used your welcome offer, Coral has regular promotions for racing fans, none of which need a promo code:
Best Odds Guaranteed: on every UK and Irish horse race once Coral’s prices go live.
Extra places: paid on selected races daily, a big draw for each-way punters. They’re marked with yellow arrows on the site.
Beaten by a length: get up to £10 back as a free bet if your horse is beaten by a length or less. [Check this is still running.]
Rewards Shaker: shake your phone once a day for prizes including racing free bets and boost tokens. [Check this is still running.]
Bet365: Bet £10 get £30 in free bets. Read our full bet365 review.
Betfred: Bet £10 get £50 in free bets. Read our full Betfred review.
Virgin Bet: Bet £10 get £30 in free bets. Read our full Virgin Bet review.
For every current bookmaker welcome offer, see our free bets page.
Coral is one of the UK’s best-known bookmakers, with a long history in horse racing. Here’s how it shapes up for racing punters beyond the sign up offer.
Coral covers racing from around the world, with each day’s meetings listed by course and race time so racecards are easy to find. Every race has win and each-way markets. Many races, particularly at major meetings, also offer forecasts and Tote pools, though these aren’t available on every race.
Each runner shows its jockey, trainer and form, and Coral includes the Racing Post verdict alongside its own racing tips.
Coral’s racing odds are competitive and in line with the rest of the market. Prices update in the build-up to each race and during in-play betting. Odds display as fractions by default, but you can switch to decimal or American in the settings menu.
Account holders can watch horse racing live on Coral and bet in-running. That isn’t offered by every bookmaker. Prices move as the race unfolds, and in-play bets stay open until the runners reach a set point in the race.
The My Stable feature lets you save your favourite horses. Coral then notifies you whenever one of them is declared to run.
Coral has native apps for iOS and Android with fingerprint login. The mobile site is fully responsive, and its “Today’s Racing” tab gives a quick list of the day’s racecards.
Coral accepts debit cards, Apple Pay, Google Pay, Instant Bank Transfer, PayPal, Neteller, Skrill and Paysafecard. The minimum deposit and withdrawal are both £5.
Withdrawal times depend on the method you use:
Visa Fast Funds: within 4 hours
PayPal and Paysafecard: under 8 hours
Debit card: 1 to 3 working days
Bank transfer: 2 to 4 working days
Coral has a detailed FAQ section organised by topic, plus live chat, email and phone support.
Coral has served British punters for almost a century. Joe Coral founded the business in 1926 with trackside betting pitches at racecourses and greyhound tracks, before expanding into high-street betting shops. In 1998 Bass Plc tried to sell Coral to Ladbrokes, but the government blocked the deal on competition grounds. Gala bought it seven years later to form Gala Coral Group. Ladbrokes then merged with Gala Coral in 2016, and both brands kept trading separately. They still do today under Entain, which bought Ladbrokes Coral (then as GVC Holdings) in 2018.
Coral is a strong choice for horse racing fans. Its sign up offer is generous: Coral matches your first bet with a free bet of up to £50, at short minimum odds of 1/2. Once you’re signed up, Best Odds Guaranteed, daily extra places, live streaming and in-play racing make it a bookmaker worth keeping.
Pros
✔ Free bet of up to £50 matching your first bet
✔ Best Odds Guaranteed on all UK and Irish racing
✔ Extra places on selected races daily
✔ Live streaming and in-play horse racing betting
✔ Wide range of payment methods with fast withdrawals
Cons
✘ Free bet expires after 7 days
✘ Only your first bet counts, so a small first stake means a small free bet
✘ The site navigation can feel cluttered
New UK and ROI customers can bet up to £50 and get a matching free bet of up to £50.
Make your first bet on your new account £50, at odds of 1/2 or greater.
No. The offer is applied automatically when you sign up and place your qualifying bet.
Your first bet must be at odds of 1/2 (1.50) or greater.
It must be used within 7 days of being credited.
Yes, on fixed-odds racing markets. Check Coral’s T&Cs for excluded bet types such as Tote and Pools.
No. Only your winnings are paid out, not the free bet stake.
Yes, on all UK and Irish horse races, from 9am in the morning.