Description
Register an account with Bwin and place a £5 sports bet to get £20 in free bets. You’ll receive four £5 free bets.
Key terms
- New UK and ROI customers only.
- Deposit at least £5 using Visa or Mastercard. Deposits via prepaid cards, PayPal, Paysafe, Neteller or Skrill won’t qualify.
- Your first bet must be the qualifying bet, placed within 14 days of registering.
- Minimum stake of £5.
- Minimum odds of 1.50 (1/2).
- Cashed out bets won’t qualify.
- Once you’ve placed your qualifying bet, you’ll receive 4 x £5 free bets.
- The free bets can be used on any sport and will be valid for 7 days.
- Each free bet must be staked in full.
- 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 Bwin bets.
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 Bwin.
- Deposit £5 using Visa or Mastercard.
- Switch to decimal odds.
Qualifying bet
- Check the back odds at Bwin and the lay odds at Smarkets to find a suitable selection. Your qualifying bet must be your first bet, placed at odds of at least 1.50 (1/2) within 14 days of registering.
- Use the ‘Qualifying Bet‘ setting on the Matched Betting Calculator to calculate your lay stake.
- Place your £5 qualifying back bet at Bwin.
- Place your lay bet against the same selection at Smarkets.
Free bets
- Once your qualifying bet is placed, Bwin will credit your four £5 free bets. You have 7 days to use them.
- Check the back odds at Bwin and the lay odds at Smarkets to find a suitable selection. Your free bets can be used on any sport.
- Use the ‘Free Bet‘ setting on the Matched Betting Calculator to calculate your lay stake.
- Place your £5 free bet at Bwin.
- Place your lay bet against the same selection at Smarkets.
- Repeat steps 10-13 for your remaining three £5 free bets.
Allow around £0.25 for your qualifying loss. As a rough guide, aim to convert each £5 free bet into £4 cash. Based on those figures, you should make around £15.75 profit on this Bwin 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.
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 £700 from welcome offers, and another £300-£500 monthly.
- Make £35 from your very first offer.
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.