Coral is making life interesting for punters that use the bookmaker with their Cash Out and Partial Cash Out option. Bettors now have the chance to pull out their bets at some point before a game is over to avoid losing more money. It means that you can get out of a bet any time you wish to, which is quite enticing. Spotting the difference between the two options is helpful.

Coral Cash Out

Coral cash out is a live facility that gives punters an opportunity to get their money out before knowing the end results. What happens is that when the Cash Out option is available, it is highlighted, and you can choose to take it.

There are a few scenarios where the cash out option may serve you very well. One is where your bet is winning, and you don’t want to wait for it to start losing. You can also use it when your current bet is losing and realise that you want to count your losses early. Another situation is in multiple legs when a bet is winning, but you don’t want to wait for the results of the final leg. Cashing out in these cases would be a welcome relief for a bettor. For example, you have a bet on Real Madrid winning the Champions League 3-1 and 70 minutes into the game, and they are at 3-1. See, you could wait for the full-time results and take your chances that either side will score, or you can cash out at that 70th minute. Deciding on cash out is all about your judgment and what you think your best odds are.

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Coral Partial Cash Out

Another option that Coral offers is the Partial Cash Out. This alternative gives you something different in case you are not an all-or-nothing kind of person. A Partial Cash Out works just about the same way as Cash Out except that you take only a percentage of the bet you placed. It means that some money will still be on to take advantage of any winnings. Coral allow bettors to cash out in increments of 10% to a maximum of 90%.

Take an example where you have bet that a Barcelona-Real Madrid game will end 3-2 and have put a £50 stake on it. At 60 minutes, the results are 2-2 so you decide to take out a portion of your bet, let’s say 50%. The £25 that remains will be the stake on your original bet. Now, if the game ends 3-2, then your bet wins, and that means you collect your stake and profits but only on the £25. If the game goes the other way and the score is 3-3, for example, then your bet would be a loser, and that means no more money.

When to Cash Out

It is vital for a bettor to know when to use either option. For one, you must know how to get the timing right. Cashing out too early may cost you winnings in cases where your bet turns out to be a winner. Practising prudence is the best way to decide on whether to cash out or not. Like everything else in betting, you need to muster a strategy, and it may take time before you can develop the right one. It is, especially important to comprehend the sport you are betting on. Understanding the players and teams will help you weigh the odds and make the most appropriate call.

When Bets Can’t Cash Out

Some bettors may have a difficult time using the Cash Out option on Coral, and there are several reasons for that. One is that the selection that a punter has made doesn’t qualify for a cash out. Using free bet tokens while placing a bet will also disqualify you. If the selections on your bet are already part of another offer on Coral, then that will raise a red flag as well. When you use Coral Cash Out for the first time, there is an agreement that one must accept before they can capitalise on the offer; otherwise, you won’t be able to cash out. Lastly, a punter may have trouble because the service is not available at that a particular moment.

Cash Out and Partial Cash Out from Coral are available on both PC and mobile. There is usually a highlight indicating when a bet is ready for either option. Coral does the math and presents the numbers to help in the decision -making. Remember that you have to receive a ‘Cash Out’ message to show that the action is successful.