Matchbook Sign Up Offer – Bet £30 get £15 / £30


Matchbook Registration Offer for New Customers

Matchbook new customer promotion

Matchbook Sign Up Offer

  • Offer: bet £10, use £10 to lay get £10 or £20 depending if bets win or lose
  • Free Bet: Credited within 72 hours
  • Maximum odds: 2.5
Estimated Profit: £10
Time Required: 30 minutes

Click here to open an account with Matchbook.

Matchbook, like Betdaq, Smarkets and BetFair, are another exchange where you can lay off your bets. 

 

Qualifying Bet

Find a close match between the Matchbook back odds and the exchange lay odds. You will need to do this manually. The back odds need to be at 2.5 or BELOW. With this offer, we only get the free bet if our first bet loses. Due to the terms, we can’t place the bet at high odds, so we want to place it as close to the maximum (2.5) as possible to maximise the profit. We’ll be using a slightly different calculator for this offer, located here and we’ll be selecting “Free Bet SNR (Stake Not Returned)” to under-lay our bet, to ensure we make a profit even if the bet wins. Matchbook doesn’t allow horse-racing bets for this offer, so make sure your bet is on football.

Calculating the Bet

  • Select “Free Bet SNR”. This calculates the underlay on the bet.
  • The bookmaker stake is £15.
  • Enter the Matchbook back odds.
  • The back commission is 1.15%.
  • Enter the exchange lay odds.
  • Enter the lay commission.
  • Press calculate.

The lay stake and the liability will be shown to you. The “liability” is the amount you need to deposit into the exchange. Deposit that amount. Then place your £15 Matchbook bet, and then your exchange lay bet.

If the bet wins with Matchbook, you make an instant profit of just under £9. If the bet loses with Matchbook, you’ll make a loss of around £7.50, but have a £15 bonus to come.

You also need to place one lay bet of £15 or more on the account before you’ll be given your refund. I would combine this with another signup offer. Simply use Matchbook as your exchange for the lay bet instead of Betfair. They lay odds need to be at 1.67 or ABOVE.


Rollover

Within 72 hours of your both of your bets settling, Matchbook will credit you a bonus of £15 or £30. (£15 if one bet lost, £30 if they both lost). This bonus is a little different to the others we’ve had before. This is a cash bonus (not a free bet) that needs to be rolled over five times before you can withdraw it. That means once you receive the refund, you need to place an additional £75 (if you got £15) or £150 (if you got £30) worth of bets before you can withdraw. We’re going to place this refund at high odds and try and lose it into Betfair so that you don’t need to bother with the rollover.

Find a close match between the Matchbook back odds and the exchange lay odds. You want to go for high odds to maximise the chance that the bet will win in Betfair so you don’t have to bother with the rollover. Remember, Matchbook doesn’t allow horse-racing bets for this offer, so make sure your bet is on football.

Calculating the Bet

  • Select “Normal”.
  • The bookmaker stake is £15 or £30 (depending how much you got).
  • Enter the Matchbook back odds.
  • Enter the exchange lay odds.
  • The back commission is 1.15%.
  • Enter the exchange commission.
  • Press calculate.

Make sure you have enough money in the exchange to cover the liability of this bet. If you don’t, either deposit more or look for something at lower odds. Then place your £15 or £30 Matchbook bet, and then your exchange lay bet.

If the bet loses with Matchbook, you’re done with this offer. If it wins with Matchbook, you need to place an additional £60 or £120 worth of bets. These can be done at any odds using bets of any amount. Once these bets have settled, you should have made between £7.50 and £22.50 profit.

Whilst you’re doing rollover bets, the calculator will tell you that each bet is making a small loss. This is correct. You’ve already made a profit from the first bet refund. Each bet will now make a small loss until you’re done.