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Signup Offer Guide

£30 Money Back if Bet Loses + 100 Free Spins

Bookmaker

Offer Type

Profit

Betway

Money Back if Bet Loses

£18.00 Profit

Description

Register with Betway to qualify for a free bet refund of up to £30 should your initial wager lose. Deposit funds and place your first bet within 7 days of account creation, selecting a football or horse racing accumulator with at least 3 picks and minimum combined odds of 3.00 (2/1). If this bet loses, Betway will credit a free bet equal to your lost stake (capped at £30) within one hour of bet settlement. Additionally, you will obtain 100 free spins for More Unusual Suspects within one hour of your qualifying bet settling. These free spins remain usable for 7 days, and any resulting cash winnings are withdrawable. Note that the free bet stake is excluded from any winnings earned.

Terms & Conditions

Only debit card deposits (exclusions may apply).
Min stake £5.
Max free bet £30.
Valid for your first bet on a football or horse racing accumulator with 3 or more selections.
Min total odds 3.00 (2/1).
Place qualifying bet within 7 days of registration.
Free bet credited within an hour of qualifying bet settling if eligible.
Free bet valid for 7 days.
Free bet stake not returned with winnings.
100 free spins (10p each) within an hour of qualifying bet settling.
Free spins valid on More Unusual Suspects for 7 days.
Winnings can be withdrawn as cash.

Register and Fund Your Accounts

1) Create a Smarkets account if you don't have one, as you'll need it to match against your Betway multiple bet.
2) Open an account with Betway.
3) Make a deposit of £30 using a debit card.
4) Set the odds display to decimal format.

Your Qualifying Bet

1) Your qualifying bet requires a minimum of three selections in either football or horse racing, with combined odds of 3.00 or higher. Compare Betway's back odds and Smarkets' lay odds to identify appropriate selections. Target overall odds near 5.00 (4/1) or greater, as higher odds typically yield increased profits.
2) Utilize the Matched Betting Calculator’s 'Money Back if Bet Loses' option. Input £24 for the 'Cashback' value, representing the anticipated 80% conversion of your £30 free bet should your qualifying wager lose.
3) Within seven days of registration, place your £30 qualifying back bet on a qualifying football or horse racing multiple at Betway.
4) Position your lay bet against the identical multiple on Smarkets.

When you are looking for events for your qualifying bet(s) you may find our oddsmatcher useful. If you are a premium member you can use the filters to find the events with the smallest qualifying loss while meeting the conditions of the offer.

Use the oddsmatcher below to help find the best event for your qualifying bet(s). It automatically sorts the events by the lowest qualifying loss while making sure the event meets the offer requirements. However, you might be more interested in selecting the earliest event, so you can also sort by Date & Time.

Your Free Bet

1) In the event that your qualifying bet wins, your profit is secured at Betway and no additional bets are necessary. Should the qualifying bet lose, the £30 free bet will typically be credited within one hour after settlement.
2) Identify a suitable event by comparing the back odds at Betway against the lay odds available at Smarkets.
3) Determine your required lay stake using the 'Free Bet' feature within the Matched Betting Calculator.
4) Place a £30 free back bet at Betway, ensuring it is used within its 7-day validity period.
5) Match this action by placing a lay bet on the identical outcome at Smarkets.

When deciding which events to place your free bet(s) on you may find our free bet oddsmatcher useful. If you are a premium member you can use the filters to find the most profitable events while meeting any requirements of the free bet.

Additional Advice

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How to Lay a Bet Builder

To complete this offer, you'll need to know how to lay a 'bet builder'. It might seem tricky at first, but once you understand the process, it becomes much easier — and it's a valuable skill to have for matched betting.

Check out our Guide to Laying Bet Builders below!

How to Lay an Accumulator

To complete this offer, you'll need to know how to lay an Accumulator bet. It might seem tricky at first, but once you understand the process, it becomes much easier — and it's a valuable skill to have for matched betting.

Check out our Guide to Laying Accumulators below!

Need More Help?

Don't hesitate to join our discord group and get some advice from fellow matched bettors who have already profited from the offer!

Report Issue

Bookmakers often make small changes to their offers in order to counteract matched bettors, therefore, our terms & conditions might not always be up to date. Please let us know of any discrepancies or mistakes by typing the details below and clicking submit. Thanks!

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