Coral have launched what they believe to be a first for UK Bookmakers. They're now offering all customers, new and current, the chance to get 10% cashback every month. The cashback applies when a punter has failed to win an aggregate profit meaning that you win even if you lose!
To register for cashback you need to head on over to Coral. Follow the relevant links for new or existing customers. Note that new customers can still enjoy a £10 free bet. Cashback is not paid out on peer-to-peer games i.e Poker, Dice Arena, Head-To-Head and Bingo.
Coral will only pay cashback on the first £2500 of net losses. If you're a big punter and want to take advantage of cashback on higher losses then you need to apply to join the Coral VIP club.
Although this is a first for a bookmaker, Coral are currently only running this offer until the end of December. This may just be to assess how it works before implementing it as a permanent feature. We expect other bookmakers will also be looking at the cashback plan with interest, especially if punters are attracted by the opportunity of getting even something back in the pockets from a string of losing bets.