Description
Register an account with BetMGM and select the Sports Welcome Offer. Deposit and bet £10+ on any sport (exclusions apply) to receive £40 in free bets.
Key terms
- Available to new BetMGM customers only.
- Select the Sports Welcome Offer when registering.
- Deposit £10+ and place a £10+ qualifying bet within 7 days of registering.
- Minimum odds of 2.00 (evens).
- Virtual sports, esports and non-UK/IE horse racing do not qualify.
- Free bets, profit boosts, odds boosts, system bets, void bets and fully or partially cashed-out bets do not qualify.
- Upon settlement, you’ll receive 4 x £10 free bets:
- 2 x £10 for football accumulators (4+ selections).
- 2 x £10 for sports multiples with (2+ selections).
- Select the relevant free bet using the checkbox on your bet slip.
- Free bets expire after 7 days.
- Free bet stakes are not returned with any winnings.
Always check the terms of an offer yourself before placing any bets. Bookmakers can amend their terms at any time, so it’s always worth double-checking.
Account setup
- Sign up for a Smarkets account if you haven’t already. You’ll need this to match your bookmaker bet.
MBB Special: £50 Amazon GIFT CARDS
Every signup via the link below will be entered into a free prize draw to win one of ten £50 Amazon gift cards. Winners will be drawn 2nd November 2026. T&Cs apply.
Matched Betting Blog receives a small commission when you sign up to Smarkets via the link above. It helps support the site and keeps it free for everyone to learn matched betting.
- Register an account with BetMGM.
- Deposit £10 using a debit card.
- Switch to decimal odds.
Qualifying bet
- Check the back odds at BetMGM and the lay odds at Smarkets to find a suitable selection. Your qualifying bet must be placed at minimum odds of 2.00 (evens).
- Use the ‘Qualifying Bet‘ setting on the Matched Betting Calculator to calculate your lay stake.
- Place your £10 qualifying back bet at BetMGM (within 7 days of registering).
- Place your lay bet against the same selection at Smarkets.
Free bets
- Once your qualifying bet settles, BetMGM will credit your account with 4 x £10 free bets. These are split between football accumulators and sports multiples and must be used within 7 days.
Football accumulator free bets
- Compare the odds at BetMGM and Smarkets as you build a football accumulator with at least four selections.
- Use the ‘Free Bet‘ setting on the Matched Betting Calculator to calculate your lay stake using the combined odds.
- Place your first £10 football accumulator free bet at BetMGM, using the checkbox on the bet slip. Lay the same accumulator at Smarkets.
- Repeat for your second £10 football accumulator free bet.
Sports multiple free bets
- Build a sports multiple at BetMGM with at least 2 selections. Compare the odds at BetMGM and Smarkets as you choose your selections to find a suitable match. See ‘How to lay a multiple bet‘ below for more guidance.
- Use the matched betting calculator on the ‘Free Bet‘ setting to calculate your lay stake.
- Select one of your £10 sports multiple free bets using the checkbox on the BetMGM bet slip, then place your bet and the corresponding lay bet at Smarkets.
- Repeat for your second £10 sports multiple free bet.
As a rough guide, limit your qualifying loss to around £0.50. Aim for £28 cash from your £40 in free bet. Based on those figures, you should make a £27.50 profit on this BetMGM offer. Your actual profit will depend on the bets and lay odds you find.
General advice and example for ‘Bet X, Get Y’ offers
Place your qualifying bets at low odds, ensuring you meet any minimum odds requirement. Use the ‘Qualifying Bet’ setting on the Matched Betting Calculator to calculate your lay stakes.
Once received, you can convert any free bets or bonuses into cash. Use the ‘Free Bet’ setting on the Matched Betting Calculator to calculate your lay stakes. It’s best to place free bets at high odds to maximise your profits.
See my ‘Bet X, Get Y‘ guide for a complete walkthrough of this offer type.
How to lay a multiple bet
Your best option is to lay your multiple at Smarkets, as their platform allows you to build any multiple and lay it as one bet. Therefore, you can place your multiple bet at the bookmaker and then build and lay the same multiple at Smarkets.
See my ‘Laying Multiples‘ guide for a complete walkthrough.
Learn matched betting the free, easy way.
The Matched Betting Academy
- Logically structured to tackle strategies and offers as you’re ready for them.
- Bag profits every step of the way. About £600 from welcome offers, and another £500 monthly.
- Make £15 from your very first offer.

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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £100,000 worth of profit, and made it my mission to make matched betting accessible to everyone.