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Coral Bet Company – A Bookmaker with 90-Year Experience

Author: Catherine Lysenko
19 August 2020, 17:41
Votes: 5

Betting news websites are full of information about various bookmakers that offer betting services across the globe. However, not all of them can be proud of long operation history and strong presence in the market, like Coral.

Coral Bet Company – A Bookmaker with 90-Year Experience

Coral is a real pioneer in the gambling industry as the company started its way many years ago. Just imagine: this business was launched in 1926! The bookmaker has covered a long way in the betting vertical and reached its top level.

Every company’s competitor should know about this

The company had been initially focused on horseracing, and, only later, it began to extend the list of its betting services. In addition to the changes in products, Coral also has many acquisition cases, which have significantly influenced its evolution.

For example, it was acquired and sold several times by various companies, as well as bought other betting operators itself. At the current time, Coral is a subsidiary company of GVC Holdings – one of the companies-giants in the UK gambling industry. The bookmaker became the part of GVC Holdings in 2018.

Although the online sector is one of the main company’s direction, Coral’s retail shops are located within the territory of Great Britain and provide land-based betting services to thousands of bettors. There are approximately 1800 shops in the United Kingdom.

Sports bets are full of financial opportunities, that is why they attract gamblers immensely. This fact impacts on revenue figures. For instance, according to the latest data, GVC Holdings earns 1.5 million pounds every day in the online sector. In 2019, the company’s underlying profits without taxes were 536 million pounds. Although its revenue from retail shops has dropped by twelve percent, the digital part of its business continues to thrive. It has grown by fourteen percent this year.

Why does the Coral betting app attract so many users?

However, the increase in online sales isn’t the only thing for the company to be proud of. It doesn’t stop its development process and invents more and more products and services that can bring more customers. The Coral app is a good example.

coral bet

It is needless to say that the majority of gambling service providers understand the importance of the mobile-first approach in the 21st century. That is why they involve the best mobile tech specialist to create top-notch applications with the same or even better functionality than the desktop version has. Coral has used this opportunity as well and created a smartphone app, which allows bettors to gamble by a few clicks.

The Coral app is available for the two most common mobile operating systems – iOS and Android. Like the website, it offers a wide range of sports to bet, including the most popular ones:

  1. football;
  2. basketball;
  3. boxing;
  4. MMA;
  5. and even esports!

Of course, the application includes such much-desired features as in-play betting, the pre-match feature, cash-out, etc. In addition to these betting opportunities, the Coral mobile app is also great in terms of a user-friendly interface, convenient navigation, and users’ data protection.

Some experienced bettors say that this mobile product is the best in the market due to its unique features and well-thought-out functionality. It gives gamblers a positive betting experience because the application operates smoothly. It is very intuitive and users can make bets quickly and easily. It is the main reason why the application is so popular in the market and frequently downloaded from the App Store and Google Play.

Besides, here you can find useful information about the Bet365 mobile app.

Is the Coral bet tracker available to users?

Users can buy a bet tracker on the Coral official website. It allows them to use the cash-out feature and control their bets more. For example, a bettor can return his or her money before the match finish, if he or she thinks that there aren’t any chances to win. Gamblers can purchase a special coupon and enter a bet tracker code on the website. A standard code includes seven letters.

The perfect place for online betting – Coral

coral betting app

As mentioned above, Coral is a customer-oriented gambling platform. It has an extensive list of sports to bet, including even poker! So, if you are a real gambler and poker is also among your interests, you can combine betting with enjoying the process of watching a poker match.

The process of registration on the bookmaker’s website isn’t difficult. Provide some information by filling in the form, and you will get access to the service’s functionality. As for depositing and withdrawal options, Coral offers the following payment methods:

  • debit card;
  • Neteller;
  • Mastercard;
  • PayPal;
  • Eco;
  • Paysafecard.

Withdrawal options are almost the same. On average, bettors need to wait two-five days to get their winnings. However, they can always go to the company’s retail store and get their money there.

If you have some problems with the betting process, you can contact Coral’s customer support team. The company provides 24/7 client support in a live chat.

The advantages of betting: Coral’s perks

It would be surprising If Coral didn’t offer any bonuses to its customers. Of course, this bookmaker knows how important promotions are. For instance, newcomers can benefit from its welcome offer and claim thirty pounds. To activate the bonus, gamblers should replenish the balance first, but the sum of the obligatory deposit isn’t huge – only ten pounds. 

Read more: The ranking of the best sports betting software providers

Read more: All information about Crystalbet

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