Here I try to keep a list of the very best “New Account Sign Up Offers”. These free bet sign up offers are literally free money if you do them right using the proven Matched Betting technique. You normally have to perform a qualifying bet or bets to unlock the free bet and some of them have minimum wagering requirements which is why it’s so important that you use the matched betting system to guarantee a profit from them.
Virtually every online sports betting website (bookmaker) has introductory free bet offers of some description to entice you to join. Of course they are hoping that you will stay with them and become a good (losing) long term punter for them.
Please be aware that although I do my best they often change their free bets to match a particular big sporting event so what’s on offer changes almost daily. So for example a bookie may offer something like; “Open an account today and bet £25 to get a £50 free bet”, but then if the FA Cup Final is on next weekend they might change it to “Open an account today and bet £25 on the FA Cup Final to get a £50 free bet”. So they are generally similar but they may change slightly if some big sporting event is on such as the tennis at Wimbledon or the Grand National horse race at Aintree.
Current Top Picks
I can’t list them all as I’d be forever updating the page but I’m going to put some on here to give you a flavour of what you can expect. That way I won’t need to constantly update but you will at least get an idea of the types of free bets on offer and the amount of profit you should make from each type.
If you want to see an up to date list of every single free bet offer available, including casino games and bingo, then I suggest you try “OddsMonkey“. I have a subscription with them and they post every single free bet offer for new and existing customers each day in the forum. They also have instructions on what you need to do to claim it and some video tutorials to watch if you prefer.
This is a great offer because the free bet exceeds the Qualifying Bet. (QB)
There are some T&C’s mainly the qualifying bet needs to be at odds of 2.0 (even money) or more. Once the bet has finished they should immediately credit you with the £20 free bet (FB). If you use the Matched Betting technique to place the QB and FB then you should make £16 from this free bet offer.
Pretty straight forward but horse racing bets cannot be used either for the qualifying bet or the free bet itself, so you’ll need to bet on football, tennis or some other sport that offers good odds. (my good I mean closely matched between the back and lay price)
Deposit £50 into your account using a bank/credit card. (Ewallet deposits are not allowed).
I would always suggest depositing £100 (or more) rather than the minimum £50 to qualify for the £50 free bet. That way you look like a real punter rather than someone who is just doing the bare minimum to qualify for the maximum free bet.
Qualifying Bet: Use the Oddsmatcher if you have an OddsMonkey account to find a suitable matched betting opportunity. (Min odds 1.8 ) Place your qualifying bet with the calculator set to “normal” to protect your £50 and when the event you’ve bet on is over you’ll get the 350 free bet.
Repeat the process but set the calculator from normal to Free Bet (SNR).
This should net you about £40.
How many, How Much?
So how many new accounts can you open and how much can you make from them? The above just gives you a flavour of the new account opening offers there are approximately 50 online sports-book accounts that have opening offers and the total value of the free bets on offer equates to about £1,000.
That’s a tidy sum considering you are just going to sit at a computer placing bets.
The tough/laborious part is just filling out your name, address etc 50 times though if you have got “auto fill” on your PC it makes it a lot quicker.
Bet UK £5
Mr Green £10
Royal Panda £20
BetSid £5 If 1st bet loses.
Guts £20 risk free bet
Smarkets £50 risk free (You should definitely do this as you want a Smarkets Exchange account for sure)
SportingBet £20 risk free
Sporting Index £100
William Hill £30
Paddy Power £30
Unibet £40 risk free
GentingBet £10 risk free
DafaBet £30 risk free
Bwin £20 risk free
Plus 12betUK, Bet600 Bethard, Bruce Betting, TLCBet, Toals, 32Red, Grosvenor, Leo Vegas, NetBet!
OddsMonkey rates the offers as either Easy, Medium or Hard depending on how straight forward they are and if have additional betting/wagering requires to withdraw your money if your free bet backs a winner.
I’d recommend you do them all but start with the easy ones and the ones with smaller bets. This way you can find your feet before you start laying bigger bets and the smaller bets will mean you’ll need less money in your bankroll to be able to lay the bets. Once you’ve built up your bankroll you can tackle the ones with £50 or £100 free bets. (I’ve written about your Bankroll in the Matched Betting Guide here)