Coral Football Jackpot is a unique pool bet with a guaranteed minimum £100,000 payout. Coral customers can place their Football Jackpot bets via coupons available in Coral’s 1800 shops, online at coral.co.uk or via Coral’s mobile app.
The ground breaking Football Jackpot launched on Saturday 10th August 2013 and runs every weekend throughout the 2015/16 football season. Each week Coral provide a Football Jackpot coupon containing 15 football matches and customers are asked to predict either a home win, draw or away win for a £1 stake, or up to £20 stake per line. Customers have the option of choosing a lucky dip or making their own selections. The Football Jackpot win pool will rollover if there is no winner, and Coral predicts that there will be occasions during the season where customers will be in with a chance of winning well in excess of £1m.
A single winner of Football Jackpot is guaranteed by Coral to win a minimum of £100,000 and there are also consolation prizes for customers who narrowly miss out. Customers who correctly predict 13 or 14 results will receive a consolation cash payment and depending on the size of the pool and the number of consolation winners, the consolation payout could run into tens of thousands of pounds.
Coral is one of the leading bookmakers in the UK with over 1800 betting shops nationwide, telephone betting and online. The internet betting site offers an extensive choice of sports betting markets starting with an excellent range of Horse Racing markets to Greyhounds, Football, American Football, Handball, Volleyball, Cricket, Tennis and Snooker to name just a few. Bet £5 get £20 free bet when you open a new account at Coral when you make a deposit and place your first bet.
How To Play Coral Football Jackpot
Log in to Coral by 3pm every Saturday and predict the outcome of 15 matches on the Football Jackpot Coupon.
> Mark your prediction by clicking Home Win, Draw or Away Win
> Select your Stake per line and multiply by the Number of lines to give your Total stake
> Click Place Bet
How To Win Coral Football Jackpot
Place £1 to £20 per line, the larger the stake the greater the share if more than one winning entry. The chances of winning can be increased by selecting more than one outcome per match however this does increase your total stake by increasing the number of lines. The number lines is automatically calculated on your coupon so you can see exactly how much your bet will cost before it is placed.
Correctly predict the outcome of all 15 matches on the Football Jackpot coupon to win a share of the Jackpot Pool. A single winner of the Football Jackpot is guaranteed £100,000.
Correctly predict the outcome of 14 matches on the Football Jackpot coupon to win a share of the 1st Consolation dividend.
Correctly predict the outcome of 13 matches on the Football Jackpot coupon to win a share of the 2nd Consolation dividend.
The minimum consolation dividend will be £1.10 for a £1 stake, no matter how many winning entries.
How The Coral Jackpot Pool Is Calculated
Pool betting works on the principle that everyone’s stake goes into a pot with the winner keeping all the money accrued in the pot. When there is more than one winner, the winners share the pot with each winning ticket getting an equal share.
The operator, in this case Coral, keeps a proportion of each ticket bought to cover operating costs and provide a profit. Coral keeps 30p for every £1 staked, leaving 70p to go into the prize pools. When a pool is not won, the pot is carried forward into the next game to give bigger prizes but the best feature of Coral Football Jackpot is the size of guaranteed prize fund which is £100,000 guaranteed if won by a single player.
In the event of a rollover, where there is no jackpot winner, only new stakes placed in the next pool will be subject to a pool deduction. There will be no further deduction from the rollover of the Jackpot Pool.
> 70% of the Net Pool will be allocated to winners of the Jackpot Pool.
> 20% of the Net Pool will be allocated to the 1st consolation winners.
> 10% of the Net Pool will be allocated to the 2nd consolation winners
Coral is a member of the Gala Coral Group which have welcomed over 575,000 unique players to its online betting and gaming website and with over 125 million visits in total, Coral is among the bigger names and sites in the UK betting market.
In 2006, at the UK Gambling Awards, Coral was named “Bookmaker of the Year” overcoming stiff competition from Betfred, Blue Square, Bet365, SkyBet, VCBet, Ladbrokes and William Hill.