Betway Sign Up Offer (2026) | How to Make £25.50 Profit

Description

Register an account with Betway and place a £10 sports bet to get £40 in free bets. You’ll receive two £10 accumulator free bets and two £10 Bet Builder free bets.

Betway may have more than one sports welcome offer available. If that’s the case, you may need to scroll down the page to find the correct offer.

Key terms

New UK customers only. Select the offer when you register.
Deposit at least £10 within 7 days of registering.
Debit card deposits only (exclusions apply).
Minimum stake of £10.
Minimum odds of 2.00 (evens) for single bets, or 3.00 (2/1) for each-way bets.
Your qualifying bet must be placed pre-match. Bets at SP (starting price), cashed out bets, and bets on virtual sports or eSoccer won’t qualify.
Once it settles, you’ll receive £40 in free bets as follows:
- 2 x £10 accumulator free bets (4+ selections, total odds of 4.00+, each selection at odds of 1.30+).
- 2 x £10 Bet Builder free bets (4+ selections, total odds of 4.00+).
The free bets should be credited within an hour of your qualifying bet settling.
The free bets will be valid for 7 days after being credited.
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

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.

Deposit £10 using a debit card within 7 days of registering.
Switch to decimal odds.

Qualifying bet

Check the back odds at Betway and the lay odds at Smarkets to find a suitable pre-match selection. Your qualifying bet must be placed at odds of at least 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 Betway.
Place your lay bet against the same selection at Smarkets.

Free bets

Once your qualifying bet settles, Betway should credit your four £10 free bets within an hour. You have 7 days to use them.

£10 accumulator free bets

Compare the back odds at Betway and the lay odds at Smarkets as you build a four-selection accumulator. Each selection must be at odds of at least 1.30, and your combined odds at Betway must be at least 4.00 (3/1).
Use the ‘Free Bet‘ setting on the Matched Betting Calculator to calculate your lay stake using the combined odds.
Place your £10 accumulator free bet at Betway.
Place your lay bet against the same accumulator at Smarkets.
Repeat steps 10-13 for your second £10 accumulator free bet.

£10 Bet Builder free bets

Compare the back odds at Betway and the lay odds at Smarkets to find a suitable Bet Builder with at least four selections and combined odds of 4.00 (3/1) or higher.
Use the ‘Free Bet‘ setting on the Matched Betting Calculator to calculate your lay stake using the combined odds.
Place your £10 Bet Builder free bet at Betway.
Place the lay bet(s) needed to cover it at Smarkets.
Repeat steps 15-18 for your second £10 Bet Builder free bet.

Allow around £0.50 for your qualifying loss. As a rough guide, aim to convert each £10 accumulator free bet into £7 cash and each £10 Bet Builder free bet into £6 cash. Based on those figures, you should make around £25.50 profit on this Betway 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.

How to lay a Bet Builder

If you’re looking to lay a football Bet Builder, you’re in luck. All you need to do is add the right combination of selections, and you’ll be able to lay your Bet Builder in one bet at the betting exchange.

Bet Builders on other sports tend not to be as straightforward, and you may struggle to lay your bet. In that instance, and depending on the offer, you may want to treat it as advantage play.

See my Bet Builders guide for a walkthrough of your options.

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.

Get Started

Screenshot of the Matched Betting Academy

Got a question?

Ask the community on Discord, or leave me a comment below.
I usually respond within 24 hours.

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.

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Harryharvey5
0

Hi Matt. Thanks for your help with this blog, I wish I had found it years ago. With the money back bets the maths is confusing me a bit. With the ‘Cashback’ in the calculator you say to put about £24 in which I understand is how much would be made either way, but you are getting all the £30 back so why wouldn’t you put this as £30?

I dont know if im missing something haha, thanks in advance

+0
Reply April 19, 2022 at 11:29 pm
1. Matt
  1606
  
  Hi Harry,
  
  Your ‘Cashback’ figure should be the amount of your cash refund or the amount you expect to convert if your refund is credited as a free bet or bonus.
  
  So, with that in mind, you would only enter £30.00 if the refund was paid in cash.
  
  For this offer, Betway match losing stakes as a free bet up to £30.00. You can usually convert a free bet into around 80% cash, so you can use a ‘Cashback’ figure of £24.00.
  
  I hope that helps.
  
  +0
  Reply April 20, 2022 at 1:02 am
Islander
0

Hey there,

I’m doing this offer just now and will make well shy of £18, it’s looking like about £11.90 for me. Any time I am doing an accumulator the lay odds are way off the back odds so there’s always a drop in profit at that stage. What sort of odds would you be looking at getting to make £18 overall? My figures just aren’t matching up with the predicted profits. Makes me feel like I am missing something.

But hey for the sake of perspective, thanks for the free £11.90 all the same 😀

Cheers

+0
Reply May 15, 2022 at 1:11 pm
1. Matt
  1606
  
  I’ve just had a quick look, and you can get Liverpool (v Southampton), Rayo Vallecano (v Levante) and Real Madrid (v Real Betis) at combined back odds of 5.175 and lay odds of 5.70 for a profit of £16.64. Admittedly, still short of the £18.00 mark, but there should be even better opportunities over a busy weekend.
  
  I hope that helps.
  
  +1
  Reply May 17, 2022 at 11:26 am
Mark
0

Hi Matt. Great blog!

I’ve been following carefully up until this point. I’m confused by this offer though.

For the qualifying bet:

At Betway I’m BACKING a ‘horse racing multiple’ with 3 selections.

For the LAY bet I’m trying to back AGAINST the 3 selection as per the instructions: “Place your lay bet AGAINST the same multiple at Smarkets.”

But I can’t bet AGAINST multiples at SMARKETS.

Am I missing something??

Thanks in advance.

+0
Reply February 2, 2023 at 9:41 am
1. Matt
  1606
  
  Hi there,
  
  You can build a multiple at Smarkets and lay it as one bet. See my ‘Laying Multiples‘ guide for a walkthrough.
  
  If you haven’t already, I recommend working through the Matched Betting Academy as it teaches you the different strategies before attempting the respective offers.
  
  I hope that helps.
  
  +0
  Reply February 5, 2023 at 10:05 am
Lewis
Guest user

Hi Matt,

My £30 acca lost (5.28 total odds) yet I received no matched free bet, nor did I receive any free spins. The bet settled over three hours ago at this point.

Could you advise please?

+0
Reply January 16, 2024 at 11:12 pm
1. Matt
  1606
  
  Hi Lewis,
  
  I imagine it was, but was your accumulator on football or horse racing with 3+ selections?
  
  If so, you should be eligible for the free bet and free spins, so I recommend getting in touch with Betway to see why it hasn’t been credited. It might be that it’s just a glitch in the system and they’ll credit the free bet and free spins manually.
  
  +1
  Reply January 17, 2024 at 7:24 am
John
Guest user

I cant place a bet on this bookmaker. It is always saying I have exceeded maximum allowed stake. I have tried verifying but my account is already verified.

+0
Reply March 21, 2024 at 6:27 pm
1. Matt
  1606
  
  It might be worth reaching out to them via live chat and querying it, John. It sounds like you’ve been stake-restricted.
  
  +0
  Reply March 24, 2024 at 8:38 pm
  1. johnpaulm20
    3
    
    Yup. Looks like it. I have had a chat with customer service and they were not very helpful. I decided to close the account instead and maybe I will try in 6 months. Hopefully, things will be different.
    
    +1
    Reply March 26, 2024 at 12:52 pm