Description
Register an account with Hollywoodbets and deposit £10+. Get your stake back as a free bet, up to £30, on your first qualifying accumulator to be settled as a loss.
Key terms
- Available to new players who reside in the UK.
- Make a first deposit of at least £10 using Visa/Mastercard.
- Stake a minimum of £10 on an accumulator bet.
- Minimum of 3 selections.
- Minimum odds of 5.00 (4/1).
- The qualifying bet must be placed and settled within 7 days of registering your account.
- If your bet loses, your stake will be refunded as a free bet up to a maximum of £30.
- You can place multiple qualifying bets. If your first qualifying bet wins, you are still eligible for the Sportsbook Welcome Bonus until you have placed a qualifying bet that loses.
- Free bets should be credited within 24 hours of your qualifying bet settling.
- If you do not receive your free bet, you can contact customer support using the live chat function or email support@hollywoodbets.co.uk with ‘Sportsbook Welcome Bonus’ as the subject of the email. Details to be included in the email are your Hollywoodbets account number and the date of the bet in question.
- Free bets will be valid on 3+ leg accumulators.
- Free bets will be valid for 7 days.
- Free bet stakes 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
- Sign up for a Smarkets account if you haven’t already. You’ll need this to match your bookmaker 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 four £50 Amazon gift cards. Winners will be drawn 2nd February 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 Hollywoodbets.
- Deposit £30 using a VISA/Mastercard debit card.
- Switch to decimal odds.
Qualifying bet
- Your qualifying bet must be a multiple with 3+ selections and minimum total odds of 5.00. Check the back odds at Hollywoodbets and the lay odds at Smarkets to find suitable selections.
- Use the ‘Money Back if Bet Loses‘ setting on the Matched Betting Calculator to calculate your lay stake. You can enter £21 as your ‘Cashback‘ figure as that’s the amount you can expect to convert your £30 free bet into (70%), should your qualifying bet lose.
- Place your £30 qualifying back bet on an eligible multiple at Hollywoodbets (must be placed and settled within 7 days of registering).
- Place your lay bet against the same multiple at Smarkets.
Free bet(s)
- If your qualifying bet wins, you’ll make a profit at Hollywoodbets, and you won’t need to worry about a free bet just yet. As the sign-up offer applies to your first losing eligible accumulator, you’re able to repeat steps 5-8 until one loses. If your qualifying bet loses, your £30 free bet will be credited within 24 hours of settlement.
- Free bets will be valid on 3+ leg accumulators. Check the back odds at Hollywoodbets and the lay odds at Smarkets to find suitable selections for a multiple bet.
- Use the ‘Free Bet‘ setting on the Matched Betting Calculator to calculate your lay stake.
- Place your £30 free back bet on a Hollywoodbets multiple (valid for 7 days).
- Place your lay bet against the same multiple at Smarkets.
Aim for a £14 profit on this Hollywoodbets 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.
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.