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Coral Bonus Codes & Offers - Bet £5 Get £20

Please be aware that the offer on this page is unavailable over the dates of 14th – 16th April and is replaced by the below:


18+. UK & ROI Online and Mobile customers only. 6 Places 1/5 Odds from 10am Monday 10th April. If 21 or fewer horses run the place terms will 1/5 the odds 1-2-3-4-5. 5. Standard place terms will apply if 15 or fewer run. Rule 4 may apply. T&Cs apply.

No Coral bonus code is needed to pick up a good welcome offer that the operator has. Coral are one of the biggest bookmakers in Britain and their recognisable brand makes them a popular site for new customers to head to.

With tremendous odds, an extensive sportsbook and great features throughout both their website and the Coral app, there is a lot to explore. We look at the Coral welcome bonus here, which is a free bet offer that new customers can take.

Bet £5 Get £20

Coral £20

  • Register a new account at Coral
  • Place your first bet of £5 or more at 1/2 odds minimum.
  • **KEY T&Cs:** 18+ New UK & ROI Customers only. Min deposit £/€5. Min first £/€5 bet at minimum odds 1/2 to qualify for 1x £/€20 free bet. Certain deposit methods and bet types excl. Free bet valid for 7 days, stake not returned. Restrictions + T&Cs apply.
    * New Customer Offer, T&C’s Apply, 18+. Please Gamble Responsibly. See details directly at Coral.

Again note that there is no Coral bonus code that you need to use to pick up the welcome offer. For a £5 minimum stake with your first bet on the new Coral account, a single £20 free bet bonus will be released to your account.

That bonus then has to be used within 7 days of arriving in your account. It can be used on any sport.

Overview Coral Sign Up Offer

Type of Bonus: Bet £5, Get £20 Free Bet
Bonus Code: not required
Max. Bonus: £20
Min. Deposit: £5
T&Cs: Min stake of £5 at odds of 1.5 or greater.
Min. Odds: 1.5
Time Limit: 7 days for free bet

**KEY T&C:** 18+ New UK & ROI Customers only. Min deposit £/€5. Min first £/€5 bet at minimum odds 1/2 to qualify for 1x £/€20 free bet. Certain deposit methods and bet types excl. Free bet valid for 7 days, stake not returned. Restrictions + T&Cs apply.* New Customer Offer, T&Cs Apply, 18+. Please Gamble Responsibly. See details directly at Coral.

How To Sign Up And Claim The Coral Offer

Claiming the Coral welcome bonus is fairly straightforward. You will need to first go through the registration process with them as a new customer.

Visit their website or download the Coral app and click on the ‘Join’ button to get started with registration.

Coral Registration

After creating a user ID and a good strong password of at least eight characters, then you will move on to the second step of signing up. This is where you fill in some of your personal details. Ensure these match whatever you are going to use for ID verification, like a driving licence.

Coral Registration 2

There’s just one more page of the Coral sign-up form to fill in after that. That’s a verification step with your address and you also add in your phone number.

Coral Registration 3

That’s all there is to actually opening an account with Coral. Then the next step of the process would be to add some funds into the account and trigger the welcome bonus. Remember that at no point do you require a Coral bonus code for the offer.

How Does The Coral Offer Compare With Other Operators?

It is easy to find a variety of different welcome bonus bets at online betting sites. Among some of the most popular is Unibet.

  • Unibet Offer T&Cs: New customers only. Minimum deposit £10. Place a £10+ bet on football of odds 1/1 (2.00) or greater to receive your £30 in football free bets once qualifying bet is settled. Free bets valid for 7 days. £10 Casino bonus will be credited the day after you have deposited. Casino bonus must be wagered at least 50x before any withdrawals can take place. Full T&Cs apply.

So there are higher amounts of free bet offers out there compared to the one at Coral. But a £20 free bet bonus, percentage-wise for the initial £5 bet needed to trigger it, is pretty good.

Unlike the very similar offer at Ladbrokes, the Coral bonus cash can’t be split into smaller stakes. The free bet in the Ladbrokes welcome offer, for example, is 4 separate sets of free bets, but the Coral £20 value has to go all in on one wager.

But overall, it’s easy to sign up for and you don’t have to worry about forgetting to plug in a Coral bonus code, as none is required.

Existing Customer Offers at Coral

Coral does a fairly good job at providing their existing customers with sports betting offers. They do cover different sports, but the bulk of them are geared towards horse racing and greyhounds. Here are a few highlights of the Coral bonuses.

Beaten By A Length

This is an excellent horse racing betting promotion from Coral. If your horse in a selected race is defeated by no more than a length, you get your lost stake refunded as a free bet. That is up to a maximum £10 free bet value. Customers can get a free bet up to the £10 max on EVERY RACE every day at however meeting Coral has selected for the promo.

18+. UK & ROI Customers only. Online & Mobile. Ends 05.11.22. First real money single wing/EW bet of £1 placed per race from 8 am to start time on day of selected races. Max 1x£10 Free Bet per race if horse is Beaten by a Length or less (valid 7 days on horse racing, stake not returned). Restrictions & Racing Rules apply. T&Cs apply.

Coral Football Super Series

coral football super series

If you want to put your powers of football predictions to the test, then there is the Coral Football Super Series to look at. This free-to-play contest gives out cash prizes. The top one is a £50 cash prize for correctly predicting all four match stats for that round for the selected match.

Odds Boosters

Across the Coral sportsbook, customers can find plenty of boosted odds. You can easily spot these by looking for the icon, but if you dip into a market for say a Premier League match, you will see highlighted odds boosts for that particular match in there. The odds boosts are extensive and help in terms of picking up the best odds around.

18+. UK & ROI customers only. Available for a limited time only, specified selections. Bet void if match is abandoned or postponed. Stake limits apply. Prices may be subject to fluctuation. T&Cs apply.

Deposit Methods at Coral

Coral customers can fund their accounts with plenty of different payment options. But note that things are limited when it comes to the Coral welcome bonus. That’s because there are a lot of excluded payment options.

You can’t fund with Prepaid Cards for the welcome offer, nor through Moneybookers, Apple Pay, Paypal, Paysafe, Neteller or Skrill. It basically leaves debit cards and bank transfers.


Method Minimum Maximum Processing Time
Debit Card £5 n/a Instant
PayPal £10 n/a Instant
Paysafecard £5 n/a Instant
Fast Bank Transfer £5 n/a 1-5 banking days
Coral Connect Cash £5 n/a Instant (in-store)

Withdrawal Methods At Coral

There are no fees that Coral charge for their withdrawals at all, and as for the time it will take to complete a withdrawal, it’s pretty average at between 1-5 days. That will depend on when you make the request and how long your bank, for example, drags their heels.

Method Minimum Maximum Processing Time
Debit Card £5 n/a 1-5 banking days
Visa Fast Funds £5 n/a Within 4 hours
PayPal £5 n/a Within 8 hours
Fast Bank Transfer £5 n/a 1-5 banking days
paysafecard £5 n/a Within 8 hours
Ladbrokes Grid Card £0.01 n/a Instant
Apple Pay £5 n/a 1-3 banking days

Using The Coral Welcome Bonus

To use the Coral welcome offer, the free bet that is collected from it has to be used in one chunk. There is no splitting the £20 free bet. Once you have done the first steps of registering and then making a qualifying deposit of at least £5 then you can release the bonus with your first bet.

Here are a couple of examples of how you could put the Coral sign-up bonus to work.

Winning Example

  • Register at Coral and make the minimum deposit of £5 through a valid payment method.
  • Go to the Coral sportsbook and select a bet
  • In this example, we use a £5 pick on the Cheltenham Gold Cup which wins at 5/1
  • When the bet is struck, the free £20 bet will be released
  • Collect the £25 profit from that initial bet and the free £20 bonus bet in your account
  • The £20 free bet can then be played on one bet (stake not returned).

Losing Example

  • Open the account at Coral and make an initial deposit of £25
  • Your selected horse on the Cheltenham Gold Cup at 5/1 loses
  • So you receive no money back from that initial bet, but it still releases the free bet
  • With the £20 free bet make a sports selection at a minimum of 1/2 odds
  • Stake not returned if the free bet wins

Coral Review – Why Sign Up?

Coral comes highly recommended by our betting experts because they have such an extensive sportsbook. There’s all their history and trust of the brand behind them, but more importantly is that Coral are very good for odds against other major bookmakers, especially when all of their best boosts are brought into play.

There’s a superb Coral app which makes live-in play betting a breeze and new customers can also pick up that £20 free bet bonus to start with and no Coral bonus code needed.

Other Options At Coral

There is a different side to the operator and that’s the Coral Casino. A Live Casino option also exists on their site. New customers can pick up a £50 Coral Casino welcome bonus for a deposit and betting at least £10.

There’s a good variety of games and it can be accessed through mobile. If Bingo is more your thing, there’s a big section on the site with many types of rooms, game types and packages to play with. The number of players and prize pot is displayed for each game.

Poker is on the Coral site and for that, they have a downloadable client to use, which is recommended. There’s a huge online world of poker at Coral with different types of games including big guarantees of jackpots on certain events.

Our Opinions About Coral

  • Extensive Sportsbook
  • Competitive Odds Including Price Boosts
  • Highly-rated Mobile Betting App
  • Trusted, Established Brand
  • Tremendous In-Play Bet Variety

Online-Betting Rating:


Do Coral offer best odds guaranteed?

On horse racing and greyhounds, punters can take the best odds guaranteed on all UK and Irish action. That’s an industry standard and guarantees that you will get paid at a better price if the SP is larger than whatever quote you took your selection at.

Is Coral safe?

Coral is regulated and licensed by the Gambling Commission and the Malta Gaming Authority and they are all above board and legit. There’s encryption security for any transfers involving money on the site and they are a safe, trusted platform.

Who owns Coral?

The Entain group owns Coral, along with other boomers and casinos including Ladbrokes, Bwin and Sportingbet. They used to be known as GVC Holdings and have a long history in bookmaking.