Coral have announced their new jackpot bet, the “Football Jackpot”. It offers customers the chance to win £1 Million pounds for a £1 stake, betting on 15 games in the English footballing programme each weekend. Huge jackpots for small stake bets are clearly the battle ground for the major bookmakers, and this represents Coral’s premier offering.
Coral Football Jackpot
This Saturday, leading bookmaker Coral will break new ground with the launch of “Football Jackpot”, a unique pool bet that will give customers the chance to become an instant millionaire for just a £1 stake. Football Jackpot will run every weekend throughout the 2013/14 football season.
Coral customers can place their Football Jackpot bets via coupons available in Coral’s 1800 shops, or online at coral.co.uk or via Coral’s mobile app. The mechanics are simple: Each week the Football Jackpot coupon will contain 15 football matches and customers will be asked to predict either a home win, draw or away win for just a £1 stake. The first sole winner of Football Jackpot is guaranteed by Coral to win £1million, 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 even this could run into tens of thousands of pounds. Customers also have the flexibility of either choosing a lucky dip or making their own selections.
Simon Clare, PR Director of Coral comments, “This is an historic day as we are the first British bookmaker on the high street to ever offer our own “football pool bet” and one with the potential to create millionaires.”
Clare continues, “We are confident Football Jackpot will become a huge success. Football has a huge and growing following in Britain and by offering football fans a simple, Lottery-style, ‘small-stake big-win’ product we hope to attract thousands of new customers to our shops and online, as well as giving existing football punters a new and fun betting opportunity to try and win a life-changing sum of money”
The first match on the coupon will be at 3pm Saturday 17th August with the final game being the Monday night Premier League fixture on 19th August between Manchester City and Newcastle United.
Clare adds, “The beauty of the Football Jackpot is that we will always know going into the last game every Monday or Sunday whether we have a customer in with a chance of becoming a millionaire and what results they need, enabling us to promote the thrill and excitement of the bet as it happens through social media and CoralTV in Coral betting shops”
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.
Terms & Conditions
The Football Jackpot operates weekly over the standard weekend period which is normally Saturday to Monday inclusive.
Coral may also on occasions choose to operate the Pool for midweek fixture.
Permutations are accepted.
Customers that correctly select the following shall be eligible to receive the corresponding prize i) the match result (home win, draw, or away win) of all 15 matches to win a share of the Jackpot Pool; ii) the match result of any 14 of the 15 matches to win a share of the 1st consolation dividend; iii) the match result of any 13 of the 15 matches to win a share of the 2nd consolation dividend;
All bets must be placed before the advertised ‘Pool closure’ time, which is the first scheduled kick-off time of the 15 matches on the entry slip.
Coral at its discretion may choose to underwrite the pool at any time to a minimum guaranteed return to either a single Winner or as a total Jackpot Pool.