Coral Enhanced Odds
Coral seem to have stopped their enhanced odds offers for a while. We’ll let you know when they’re back up and running
Coral Enhanced Odds
Bookmaker special offers, such as Enhanced Odds, provides the opportunity to place some great bets that competitors can find it hard keeping up with. In this article, we’re going to look at the various Coral Enhanced Odds Offers and discover how to make the most of them.
What Are Enhanced Odds?
Enhanced Odds are one form of special offer that a number of bookmakers make available for new and existing customers to bet on. These offers involve the lengthening of the normal odds given on a specific sporting event to entice customers into taking the bet. The rewards of this offer can be extra winnings paid in cash or free bets. Enhanced Odds are often offered when a team or player is favourite to win, which makes this form of bonus betting extremely popular with bettors. For example, let’s say Chelsea are playing Doncaster Rovers in the F.A Cup. Now, with Chelsea in the Premier League and Doncaster Rovers playing in the fourth tier of English football, the Blues are red hot favourites to win the match and have been priced at odds of 2/9 (1.22). This is a prime example of an event where a bookmaker could offer Enhanced Odds. A bookmaker might offer Enhanced Odds of 8/1 (9.0) for Chelsea to win, making this more attractive to potential customers to bet on and giving those customers a chance of making extra winnings either paid as cash or in free bets.
Key Points About Coral Enhanced Odds
Enhanced Odds are typically only available for certain amount of time. This could range from a week before the event to just a couple of hours before. Once the time limit has passed, the offer will be withdrawn.
Most Enhanced Odds offers are subject to a stake limit. The limit varies from bookmaker to bookmaker, the event taking place and the odds on offer. The maximum stake usually ranges from £5 to £20. Be sure to check the terms and conditions of each offer.
How your receive your winnings can also vary depending on which bookmaker you use. Most often, Enhanced Odds offers are paid part in cash and part in free bets. Let’s return to our Chelsea v Doncaster scenario. The terms of this Enhanced Odds offer states that the maximum bet allowed is £5. So we place £5 on the enhanced odds of 9.0. If our bet is successful, £5 on odds of 9.0 means a return of £45. However, a lot of bookmakers will only pay part in cash using the original odds to calculate your cash winnings, and the rest is paid as a free bet. The original odds in our example for Chelsea to win were 1.22, so £5 on odds of 1.22 means a cash return of £6.10 and the rest of the £45, £38.90, is credited to your account as a free bet or bets.
How Coral Offers Work
Known as the King of the Cash Out, Coral are also famous for their enhanced odds specials. Most of Coral’s Enhanced Odds are available only to new customers, though sometimes these offers are available to existing customers too. The terms and conditions of the enhanced odds can vary depending on the event and the original odds, firstly we’ll take a look at the basic way Coral Enhanced Odds offers work.
- Place a bet of the required stake on the event on offer.
- Wait for the bet to be settled
- If your bet is successful, enjoy your extra winnings as cash or in free bets!
Coral typically put between a £/€5 and a £/€10 maximum stake on their enhanced odds, and a lot of the time these specials are only offered as a New Customer bonus. If you’ve not yet got yourself a Coral account, consider these bonuses carefully.
Another plus point to these Coral offers is that they sometimes offer you your stake back if your bet was to lose.
Coral offer their enhanced odds specials on an almost weekly basis, so if betting on enhanced odds is your thing, don’t worry if you miss one as there is usually another one about to go live. It’s well worth your while to follow Coral on social media, such as their twitter page and facebook page to keep up to date with the latest Coral promotions. Also, it’s a good idea to bookmark this bettingexpert page, we’ll be updating the page with all the latest enhanced odds Coral has to offer.
The letdown to Coral Enhanced Odds offers is the fact that they are majorly focused on new customers. However, that’s not to say that there isn’t plenty of specials for existing customers too.
How To Qualify for a Coral Enhanced Odds Offer
To qualify for Coral’s enhanced odds offers, you must set up a Coral account by clicking on the offer you want to bet on that you see on this page. From there you will be led to the Coral registration page where you enter your personal details and create your account. Then, deposit your funds, stake the required amount and wait for the result to come in! Let’s take it step by step:
- Read through the offers above and click on the image showing the Enhanced Odds Offer you want to bet on.
- You will be directed to the Registration page where you enter your personal information and create your account.
- Place a bet of the stake required stated in the terms and conditions of the offer.
- Wait for the result to come in. If you’re successful you will receive your winnings in cash based on the ordinary odds, and the enhancement is paid as a free bet.
Strategies For Using Enhanced Odds Offers
When you’re considering which Enhanced Odds Offer to take advantage of, it’s important you keep in mind the following points when making your decision. With most of these Enhanced Odds only being available to new customers, it’s important to make the right choice and increase your chances of winning extra cash and free bets.
Learn About The Sport You Want To Bet On
One of the most vital aspects of becoming a successful bettor is to be knowledgable about the sport or event you want to bet on. Picking a side or player to win based solely on the odds on offer is folly, if you know your sport this gives you the best chance of picking the right bet. It also helps you to manage your bankroll effectively. Research the form guide, player injuries/suspensions, head to head records and so on, by doing so you will become better at picking the right offer.
Think About The Odds On Offer
It’s easy to be taken in by the offer of crazy odds. Consider whether these odds are actually worth betting on. For example, Coral may offer enhanced odds on England to beat Australia in an upcoming Test Cricket match. However, you know that England are missing some of their key players and don’t have a great record of winning at that particular ground, so you might summise that however attractive the odds, it’s not worth betting on as the result is far from inevitable.
Another point to consider is how ‘enhanced’ the odds actually are. Compare odds on the same event from different bookmakers to see if the enhanced odds are worth betting on.
Look For Tipsters
If you find an Enhanced Odds offer that interests you, but you’re not sure whether to take the bet, another way of making your mind up is to read what other bettors are predicting. Here at bettingexpert, you can read what our tipsters are betting on and assess if you agree.
Coral Enhanced Odds Offers FAQ
1. What Markets Can I Use My Free Bets On?
Depending on the terms and conditions of the Enhanced Odds offer you’ve taken, you can use your free bets (either the bets won as part of the enhanced odds offer or your free bet as a losing stake) on any market. There can be restrictions though, carefully read the small print on any offer you take.
2. Is There A Time Limit On Using My Free Bet?
There can be, dependant on the terms of the offer. There may be a number of days after your enhanced odds bet has been settled to use up all of the free bets you’ve accumulated on that particular offer. If you don’t use them during this time, you will lose them.
3. Can I Cash Out A Coral Enhanced Odds Offer?
In all of the Coral Enhanced Odds Offers that we’ve reviewed, there has never been an option to cash out. Once you’ve placed money on an enhanced odds special, you will receive your winnings/stake back (depending on the terms) after the conclusion of the event in question, and not with the option to cash out beforehand.
4. What Sports Are Coral Enhanced Odds Offered On?
Coral offer their Enhanced Odds on a range of sports and betting markets. From offering a team to win a single Premier League match, to the Outright Winner of a Tennis tournament, there are plenty of offers available for you to consider.
5. Do Any Other Bookmakers Offer Enhanced Odds?
These offers are becoming more popular with bookmakers and bettors alike. For a bookmaker it gives them the chance to attract and retain customers, for the bettor it gives a great opportunity to place some great bets. Coral is a bookmaker who offer many Enhanced Odds offers on a weekly basis, but Paddy Power and Betfair are also worth looking at for their various enhanced odds specials. Why not take advantage of all three? For more information about bookmaker free bets and promotions, read our comprehensive Free Bets page.
Coral are known for their Enhanced Odds offers and their specials on a range of sports and markets. They are certainly a bookmaker to consider when you look for ways of improving your sports betting experience. Read our Coral Review, and good luck with your betting!
For all things Coral, visit these:
Coral Sport | Coral Sign Up |
Coral Live Betting | Coral Deposits |
Coral Mobile | Coral Licence |
Coral Withdrawals | Coral Live Streaming |
*This review is a promotional feature and the site has been paid for by Coral to provide the following positive review about Coral – this review is not provided by an independent consumer.