Coral Cheltenham Offers For New and Existing Customers

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Ahead of Cheltenham 2024, Coral’s new customer offer currently entitles new customers to a £20 free bet when they first bet £5.

How to Claim the Coral Cheltenham Sign Up Offer 

The 2024 Coral Cheltenham offer is not yet up and running, but you can still sign up with Coral and take advantage of their usual welcome offer.

Step 1: Visit the Coral welcome offer landing page

New bettors looking to claim the Coral welcome offer should first click the link to visit the Coral welcome offer landing page.

Here, bettors are able to check out the offer for themselves and view those all-important bonus terms and conditions. Once bettors are happy with the offer and have taken a look at the bookmaker, it’s time to create an account. 

Step 2: Choose “Join Now” and open an account

To create an account with Coral, prospective players should hit the “Join Now” button – highlighted in a big green box on the offer landing page. 

Bettors will then be redirected to the Coral onboarding process, requiring players to enter their personal details to create an account. The onboard form requires new players to enter the following: 

  • UserID
  • Password
  • Currency of choice
  • Full name 
  • Date of birth 
  • Postal address
  • Email address

All players placing sports bets online in the UK are required to open an account with their chosen bookmaker by law. This ensures that all players are legally able to place sports bets within the UK and players are 18+. 

Coral typically verifies the identity of all players creating a new account automatically. However, on occasion, new players will be required to submit additional documentation to verify their identity. To complete this, bettors can simply send an image or scan of an ID document such as a passport, driving licence or national identity card via the Coral document uploader. 

If the address of the chosen ID method does not match the postal address supplied, bettors may also have to supply a bank statement or utility bill dated inside the last three months.

Step 3: Deposit and bet £5 on sports

The next step to claim the Coral new player welcome offer just in time for Cheltenham is to deposit a minimum of £5 and place that all-important first sports bet at Coral.  

The qualifying bet must be a minimum value of £5 on any sport with the odds of ½ (1.5) or greater. Once the qualifying bet has been placed, Coral will issue the player account with a huge £20 free bet.

This free bet must be used in full and can be placed on win or each-way bets. The bonus bet cannot be used on Football Jackpot, tote, other combination and multiple bets (e.g. Lucky 15s).

Coral Cheltenham Offers Terms and Conditions

The Coral welcome offer does come with a handful of important terms and conditions that all players should take note of before looking to claim the bonus. 

The Coral sign up offer can only be claimed by players in the UK aged 18+ that do not already have a Coral betting account. To open an account, bettors must correctly fill out the onboarding form to allow for their identity to be verified. If this cannot be done automatically, players are required to supply additional documentation to verify their account. 

Once an account is created and verified, bettors are required to make their first deposit of at least £5. Initial deposits cannot be made by Prepaid Cards, Moneybookers, Apple Pay, Paypal, Paysafe, Neteller or Skrill. All initial deposits must be made with a debit card to qualify for the bonus. 

Following a successful deposit, bettors must then place a sports bet on the minimum odds 1/2 (1.5). The qualifying bet can be used on all sports and markets with the exception of Tote or Pools. For those opting for an accumulator as their first bet, each selection must have odds of 1/2 (1.5) or greater. 

Once a qualifying bet is placed, bettors will then receive a £20 free bet to be used in the Coral betting markets. The £20 free bet received from the welcome offer must be used in its entirety. If a bettor places the free wager at a fraction of this value, the remaining value will be forfeited. 

The free bet can be used on either win or each-way bets with the following markets: Single, Double, Treble, 4-Fold and Upwards Accumulator, Forecast and Combination. The free bet cannot be used on Football Jackpot, tote, other combination and multiple bets (e.g. Lucky 15s).

There is no Coral promo code for Cheltenham. Instead, bettors should simply click the link to visit the promo landing page to claim the bonus offer.

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Pros of Coral Bookmaker

  • UK Gambling Licence
  • Full and partial cash out
  • Live streaming
  • More than 200 horse races are covered every day
  • Live betting on horse racing
  • User-friendly mobile app
  • 24/7 customer support

Cons of Coral Bookmaker

  • No automatic cash-out
  • No cryptocurrency accepted
  • Restricted areas

The Free Bet Cheltenham Offer From Coral

The Coral welcome bonus free bet is available now, and you can grab your share with a single click. We have posted links to the secure sign-up page at Coral throughout this page, and all you have to do is click any link to begin. Doing so will move you to the next stage, and you will be on your way to landing the welcome bonus. So join Coral today, and you’ll land a fantastic £20 free bet when you create an account, deposit £5 and place a qualifying sportsbook bet. When your first wager has a result, the £20 free bet will be added to your account balance and can be used right away.

To qualify for the free bet, you must be a new customer and deposit £5 or more to your account with a debit card. Other payment options are available on your Coral account, such as an e-wallet, but many of these aren’t accepted towards the free bet. When you have made your first cash deposit, you should browse the site and find a bet with odds of 1.50 or greater before wagering your £5 stake. When that gamble has a result, the £20 free bet will be added to your account in the form of four £5 free bet tokens. These can be used to gamble at the Cheltenham Festival or any major sporting event. You can even split your interest between different sports, such as racing during the day and football at night.

The main attraction of the welcome bonus is the free bet, but it’s also appealing to customers because it’s easy to land and affordable. For just a £5 spend, you will enjoy £25 worth of betting, and that’s more than enough to get used to the layout of the Coral site and the sports on offer. You can try out the different sports, test the markets, spread your interest across various competitions or racetracks and, generally, get a good feel for Coral. There’s also nothing in the terms and conditions that state you can’t win big off your free bet tokens. So use them wisely, and you could land a big winner, beating the bookie with their bet tokens.

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Coral Cheltenham Festival Odds

Coral’s horse racing odds are competitive with the bookmaker one of the favourites for horse racing fans. 

Coral offers a number of specials throughout the racing calendar including the best odds guaranteed promotion and enhanced prices.

Best odds guaranteed 

Bettors wagering on horse racing at Coral will always find that they’ve got the best odds guaranteed as soon as the prices are live. 

Bettors don’t have to worry about timing their wager perfectly, they can simply place their bet and if the starting price is higher, Coral with payout at the larger rate. The offer is capped at a rate of £50,000 per customer per day. 

Enhanced price offer 

Throughout the festival, bettors will find a number of enhanced price offers on a series of horses in the races. 

These enhanced price offers are available to all players at Coral and highlight a price boost compared to the base odds offered at the bookmaker. Bettors are able to access these price boosts by checking the odds booster markets in the specials menu of the bookie.  

Coral Cheltenham Festival betting market 

Coral run some great specials throughout the Cheltenham Festival and a lot of these are available at other times throughout the year so it’s always worth checking to see if there are any specials available before you bet.

Non-runner money back

The non-runner money-back offers exactly what it says on the tin – money back if a horse doesn’t run during an event at Cheltenham. Bettors are able to claim their stake back if their horse doesn’t run – whatever the reason.

Fail to finish – free bet up to £10

Available on every race at one meeting daily, bettors are able to claim a free bet up to the value of £10 if their selection fails to finish for any reason. 

To qualify, bettors are required to place a £1+ win or each-way single bet on the day of the selected races available during the festival. 

Bettors should note that any wagers placed on speciality markets, including Match Betting, Green Tick/Win Only, Place Only, Betting Without, Unnamed Favourite/2nd Favourite or to any of the Enhanced Price Offers available. 

Coral Cheltenham Festival Bet types

The markets available at Coral for the Cheltenham specials offer a large variety of different bet types but they are necessarily limited to just during the festival.

Coral is one of the top bookmakers for horse racing in the UK and the number of bet types highlights this with the following available. 


Forecast bets allow for players to predict the top two finishing horses in an event with the options of first, second or any available. 

Bettors can choose how to build their forecast bet, altering the odds with the tweaks of which horse finishes in which position. 

Win or each-way extra place

Bettors looking to place an extra place each-way bet at Coral can do just that during the Cheltenham festival under the win or each-way extra place menu. 

The bet type allows for bettors to gain the insurance of an extra place when making each-way bets but results in a lower price for the selection.

To finish

Bettors can head over to the “To Finish” betting menu to find a number of betting options concerning where each horse finishes. 

With the position located above the odds, bettors are able to place a wager on horses not only to finish first but in different finishing positions. An example of this could be a horse to finish second with the odds of 9/4. 

To win by 3+ lengths

Bettors looking to place a bet on a winning horse can double down on their bet with a bet for their selection to win by at least 3 lengths. 

By placing this bet, players will find improved odds over a single to-win wager. Do be warned, if the winning distance is less than 3 lengths, the bet will settle as a loss.

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