Coral Casino offer new customers a huge 500% bonus: deposit just £10 and play with £60!
Coral are a top class online and mobile casino and they have an equally brilliant welcome bonus. New Coral Casino customers can get a £50 casino bonus when they deposit just £10!
Check out our full Coral Casino offers post for the lowdown on this brilliant site, including all the great promos they have for existing customers too.
Alternatively just click the button below to claim your £50 bonus right now or read on for more info.
Important info: 18+. New Players only. Min £10 buy-in to get £50 bonus. 24 x (Bonus) wagering reqs apply. Bonus valid for 30 days (bonus and winnings removed). Certain games excluded. Bets covering 67% or more of Roulette table don’t count to wagering. T&Cs Apply.
500% Coral Casino Bonus: Deposit £10 get £50 Free
This promotion is brilliant for those who want a decent-sized casino bonus for a relatively small deposit. High rollers may well prefer rival casino offers but for smaller stakes players, Coral are perfect.
You are only risking £10 and yet you stand to make a very healthy profit because you’ll then have £60 to play with.
The wagering for the bonus is also more than fair. Whilst some sites may have a rollover of 30 or even 40 times the bonus AND deposit, at Coral things are much more reasonable. Prior to withdrawing any winnings, you need only wager 24 times the bonus ONLY. With a 500% bonus and low wagering, this is an offer that really does give you a decent chance of walking away with a profit. Especially because all eligible games are equally weighted at 100% when it comes to the bonus wagering.
What’s more, once you’ve claimed this deal, Coral have loads of other offers for existing customers too, with regular competitions, prize draws and more! And don’t forget the 100% Live Casino bonus too!
Coral Offer Terms and Conditions
Please note that the full terms and conditions of this offer can be viewed when you visit Coral to open your account. As with all Coral offers and Coral in general, you must be aged 18 or over. Here are the most important things to note:
- New Coral customers only
- Deposit £10 and get a £50 casino bonus
- Bonus added instantly once click “Claim Now” on promo page and accept terms
- Wagering of 24 times bonus applies
- Bonus valid for 30 days once added to account
- Slots, arcade, scratch, all versions of roulette, most variants of blackjack and fixed odds game count 100% towards wagering. Some games do not count (see below)
- Low risk strategies such as covering more than 66% of the roulette table are excluded
The excluded games, that don’t count to the bonus wagering at all are shown below. Please note these are subject to change.
Poker, Bingo, Castle Builder, Baccarat, Pontoon, Blackjack Switch, Blackjack Surrender and Lucky Blackjack (All variations), Dice Twister, Highway Kings, Funky Monkey,Chinese Kitchen, Darts, Red Dog, Spin A Win/Lucky Wheel, Casino War, Casino Hold’em, Wild Vikings, Rock Paper Scissors, Golden Tour, Around the World, Let Them Ride, Stravaganza, Pai Gow, 60 Seconds and Wheel of Light.
Best Coral Casino Offers for Existing Customers
Once you have joined and claimed the amazing “deposit £10, get £50 bonus”, Coral still keep the offers coming. Check out some of the main highlights currently available. Please note that all of these offers are for those aged 18 and over only. You can see full terms and conditions for each at the Coral promotions page. Note that some offers will only show when you are logged in and available promotions may differ by customer.
Deal Or No Deal Guaranteed Bonus – 7th May 2018 to 13th May 2018
Earn a guaranteed casino bonus (with 5x bonus wagering before withdrawal) when you play £20 on the brilliant Deal or no Deal: What’s in your box slot. Your bonus will be credited by 6pm the following day and is worth £2-£50. It’s valid for a week and must be accepted within 48 hours.
Virtual Sports £20 Free Bet
Virtual sports function like a cross between betting on sport and betting on a casino game. Like casino games they are essentially random, with no skill needed. However, they take the form of sports, from horse racing to football to motorsports.
If you want to give them a try this Coral offer is perfect because you can land a very easy free bet which gives you a great chance of winning. Just place a bet of between £1 and £20 on any scheduled virtual sports event at Coral (minimum odds evens/2.0 in decimal odds).
Win or lose, Coral will give you a free bet to the same value. The free bet is credited instantly and with the next event never more than a few minutes away this is brilliant for fast paced fun!
Key Ts and Cs – Important info: 18+. Non VIPs only. First Virtual Sports bet only. Virtual Sports bet must be at odds min EVS 2.0. Min £1 bet. On-demand Virtual Sports excl’d. Get max £20 free bet, 3 day expiry. Free bets for Virtuals only. Must use in full. Excl forecasts and tricasts. One free bet per customer. Promo 4pm-11:59pm GMT. Rules on bet type and odds. T&Cs Apply.
More Reasons to Join Coral Casino
As well as one of the most generous welcome offers around, Coral also offer loads for existing customers too.
As well as the deal above, they have lots of regular, ongoing promotions, such as Bet and Spin, Win a Weekend Wager and Super Daily Jackpots. They also frequently run great competitions and prize draws, as well as boasting a generous comps scheme that rewards you in cash!
Coral are a huge and highly reputable brand. Pretty much a UK institution, they have been around for almost 100 years. Playing at some less reputable online casinos can be a risk. They may offer a huge welcome bonus but are the games safe and fair and will you actually even get paid?
At Coral Casino you don’t need to worry about any of this and we recommend them 100%. Actually make that 500%, just like the welcome bonus on offer!
Coral Casino Bonus Wagering Strategy
There are loads of different ways to approach this welcome bonus and much depends on what type of player you are. If you are just in it for fun, then you really don’t need any form of strategy. Ultimately, playing online casino games should be about fun. Whilst using bonuses and other casino offers can actually give you a good chance of making a profit, in general the odds are favour of the casino.
The house edge is the name given to the casino’s profit margin. The house edge dictates that on any given game, the casino has the advantage. In the short term players can easily make a profit and that’s all part of the fun of playing casino games. However, because the odds favour the casino, playing specifically to make a profit, or expecting to win all the time, is foolhardy.
For that reason we strongly advocate that you view playing at an online casino the same way you would any other paid for leisure activity. You pay some money and you have some fun. If you win you have a lot of fun but if you lose you hopefully still have fun too.
Strategy 1: Play for Fun
So, if you are happy to simply view the welcome bonus as a way to have more casino action for less cash, there is no real strategy! This is nice and simple and you can just play whatever games you enjoy. Stake what you want, as you want, moving between games.
You may opt to play games you don’t normally try. So if you usually stick to online slots, you might instead try roulette or blackjack. With the Coral welcome bonus you are only risking £10 of your own cash. Deposit £10, get a £50 bonus and play with £60. With all that extra bonus cash, why not try something new? Worst case scenario you can only lose £10 of your own money anyway.
Alternatively you can use your casino bonus to make larger bets than you would normally. It’s effectively a 500% bonus, so instead of £10 you have £60 to play with. So, if you normally bet 40p per spin on slots, you could stake 80p, £1 or even more. If you play blackjack at £2 per hand you might try £5. This will make play even more exciting and it will also give you the chance to win more money and potentially clear the bonus wagering quite quickly.
A third option that requires no particular strategy is to simply play for longer. In other words, play the games you normally play and use your usual stake but just enjoy more table/slots time. Thanks to the £50 bonus your £10 deposit is worth £60 of casino fun. That means, all things being equal, you can play for six times as long as usual!
Strategy 2: Play to Clear the Bonus
Playing for fun is all well and good but fun is often linked to winning and that is especially true when it comes to playing online casino games and slots. As said, normally the odds favour the house but with this bonus that isn’t the case.
That means that you can use your bonus in such a way that, on average, you should actually walk away with money in your pocket. The Coral Casino welcome bonus has been deposit £10, get £50 for a long time. However, a little while ago it became more favourable for the player all games were changed to counting 100% towards the bonus wagering.
The house edge varies from game to game and so by playing the games with the lowest house edge you give yourself the best odds of completing the wagering with some bonus funds still intact.
The Coral £50 bonus requires you to play your bonus funds through 24 times before you can make a withdrawal. That means you must wager 24 x £50 before you can withdraw the bonus or any winnings from it. That’s £1,200 in total, which would equate to 1,200 hands of blackjack at £1, or a more manageable 400 at £3. You should easily be able to complete this wagering in a couple of hours, although you can spread your play over longer if you want to.
The house edge in blackjack varies according to the precise rules of the variant of blackjack you are playing. Coral offer a range of blackjack games and the only ones excluded from the bonus wagering are Blackjack Switch, Blackjack Surrender and Lucky Blackjack. Note that Pontoon, which is similar to blackjack, is also excluded.
The house edge for online blackjack can go as low as 0.28% using liberal Vegas rules and in theory with certain variations even lower. However, a more standard figure is probably between 0.5% and 0.7%.
That means that for every £1,000 you wager you can expect to lose just £7. As a comparison, the house edge on an American roulette (with two zeroes) is 5.26%, on baccarat it is more than 1% and on slots it can be anything from around 2% to 10% (or sometimes even more).
Note, however, that in order to achieve the lowest quoted house edge figure you need to use optimum strategy. That means making the correct call each and every time when it comes to whether to hit, split, double, stand or take insurance and so on.
So, if we assume that 0.7% figure, on average you would only lose £8.40 completing the £1,200 bonus rollover. With a £50 bonus for a £10 deposit, that leaves you with a tidy profit.
Whilst the house edge may only be 0.7% that doesn’t mean that every player will lose exactly £7 per £1000 wagered. Blackjack also includes a large element of luck, which is why it is possible for a player to win, even without claiming a welcome bonus.
If you play your first hand for your full £60 balance (£10 deposit and £50 bonus) then obviously you could double your cash instantly. However, on the other hand you might lose and have nothing. That illustrates the maximum possible variance.
To reduce the impact of variance it is wise to play for as small a stake as possible. So, if you play could play for just 1p and you played 120,000 hands, the chances are you would achieve quite close to losing just £8.40 (and thus making a profit of around £42 due to the £50 bonus). The house edge is effectively accurate only on an infinite number of hands, so the closer you get to infinity (by playing as many hands as possible) the more likely you are to be around the quoted figure.
As such, we would recommend playing 1,200 hands of blackjack at £1 per hand in order to clear this bonus. Doing this makes it highly likely you will walk away with a profit and, of course, you will have enjoyed a good long stint at the table too!