Bwin Sign Up Offer (2025) | How to Make £12.00 Profit

Description

Register an account with Bwin, deposit £10+ and place a £10-£20 multiple bet with 3+ selections. If it loses, Bwin will refund your stake as a free bet.

Key terms

Deposits made via Neteller, PayPal, Paysafe, Skrill or via any pre-payment card and certain debit cards will not qualify for this offer.
Minimum deposit of £10.
Minimum stake of £10.
The maximum stake is £20.
Your qualifying bet must be a multiple with 3+ selections, placed on any sport except horse racing.
Minimum combined odds of 3.00 (2/1).
If your bet loses, your stake will be refunded as a free bet upon settlement.
Free bet will be valid on football for 7 days.
The free bet stake will not be 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 four £50 Amazon gift cards. Winners will be drawn 1st August 2025. 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 £20 using a debit card.
Switch to decimal odds.

Qualifying bet

Your qualifying bet must be a multiple with 3+ selections and minimum combined odds of 3.00 (2/1), placed on any sport except horse racing. Check the back odds at Bwin and the lay odds at Smarkets to find suitable selections. Look for overall odds around 5.00 (4/1) and above, as high odds should give you more profit than low odds.
Use the ‘Money Back if Bet Loses‘ setting on the Matched Betting Calculator to calculate your lay stake. You can enter £16 as your ‘Cashback‘ figure, as that’s the amount you can expect to convert your £20 free bet into (80%), should your qualifying bet lose.
Place your £20 qualifying back bet on an eligible multiple at Bwin.
Place your lay bet against the same multiple at Smarkets.

Free bet

If your qualifying bet wins, you’ll make your profit at Bwin, and you won’t need to place any further bets. If your qualifying bet loses, your £20 free bet will be credited upon settlement.
Your free bet must be placed on football. Check the back odds at Bwin and the lay odds at Smarkets to find a suitable selection.
Use the ‘Free Bet‘ setting on the Matched Betting Calculator to calculate your lay stake.
Place your £20 free back bet at Bwin (valid for 7 days).
Place your lay bet against the same selection at Smarkets.

Aim for a £12 profit on this Bwin offer as a rough guide.

General advice and example for ‘Money back if bet loses’ offers

Place your ‘Money back if bet loses’ bets at high odds to maximise your profits. Use the ‘Money Back if Bet Loses’ setting on the Matched Betting Calculator to calculate your lay stakes. In the ‘Cashback’ field, you should enter the amount of your cash refund or the amount you expect to convert if the bookmaker pays your refund as a free bet or bonus.

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 Money back if bet loses 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.

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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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Got a question?

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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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Kate
Guest user

This might be a foolish question but for the above welcome offer, is there any need to lay the bet? If you win, you win through the bookies. If you lose, you get the money back from the bookies. So isn’t it win/win without needing to lay? Thanks

+0
Reply October 8, 2024 at 10:23 pm
1. Matt
  1558
  
  Hi Kate. There’s nothing wrong with not laying your qualifying bet if that’s how you’d rather play it, and you’re comfortable with that.
  
  If you don’t lay and your qualifying bet loses, your stake will be returned as a free bet. Assuming you stake the maximum £20, you’ll be able to convert your free bet into 80% cash, so £16. That’s an overall loss of £4. Obviously, if your qualifying bet wins, you’ll make a nice profit.
  
  So, if you don’t lay your qualifying bet, you’ll either make a nice profit or you’ll lose around £4. If you lay your qualifying bet using the strategy outlined in the guide above, you can lock in a profit of around £12.
  
  Most people prefer to lock in the £12 profit, but if you’re comfortable risking a £4 loss to make a much bigger profit, that’s fine, as long as you’re comfortable with that approach.
  
  I hope that helps.
  
  +1
  Reply October 9, 2024 at 7:59 am
Kate
Guest user

It does, thanks v much. You’re quite right and I’d prefer to lock in the profit as you say. Thanks for the help as always

+0
Reply October 9, 2024 at 2:11 pm