Parimatch Sign Up Offer

Description

Register an account with Parimatch and opt into the promotion. Deposit and place a first bet of up to £30 on horse racing. If it loses, Parimatch will refund your stake in free bets.

Parimatch are owned by the same company as BetVictor and talkSPORT BET. Some users have reported being able to do all three welcome offers, while others have been restricted to just one.

Key terms

  • You must opt into the promotion.
  • The minimum deposit is £10 and must be made via debit card or Apple Pay.
  • Place a bet of up to £30 on any horse racing market (odds of 3.00+).
  • Applies to your first bet only.
  • Qualifying bet must be placed within 7 days of registering.
  • Money back in free bets if your first bet loses.
  • 50% of the original stake as a free bet on a horse racing double, treble or higher.
  • 50% of the original stake as a free bet on any ‘Lengthen The Odds’ market.
  • The free bets will be valid for 7 days.
  • The 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

  1. 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 four £50 Amazon gift cards. Winners will be drawn 1st May 2024. 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.

  1. Register an account with Parimatch.
  1. Opt into the promotion.
  2. Deposit £30 using a debit card.
  3. Switch to decimal odds (the ‘Euro style odds’ setting).

Qualifying bet

  1. Your qualifying bet must be placed on horse racing at minimum odds of 3.00 (2/1). Check the back odds at Parimatch and the lay odds at Smarkets to find a suitable selection. Look for odds around 5.00 (4/1) and above, as high odds should give you more profit than low odds.
  2. Use the ‘Money Back if Bet Loses‘ setting on the Matched Betting Calculator to calculate your lay stake. You can enter £9.75 as your ‘Cashback‘ figure, as that’s the amount you can expect to convert your £15 free bet on a horse racing multiple into (65%) if your qualifying bet loses.
  3. Place your £30 qualifying back bet at Parimatch (within 7 days of registering).
  4. Place your lay bet against the same selection at Smarkets.

Free bets

  1. If your qualifying bet wins, you’ll make your profit at Parimatch, and you won’t need to place any further bets. You’ll receive 2 x £15 free bets if your qualifying bet loses.
  2. One of the free bets will be valid on any horse racing double, treble, or higher. Check the back odds at Parimatch and the lay odds at Smarkets to find suitable double selections.
  3. Use the ‘Free Bet‘ setting on the Matched Betting Calculator to calculate your lay stake.
  4. Place your £15 free back bet on a horse racing double at Parimatch (valid for 7 days).
  5. Place your lay bet against the same selection at Smarkets.
  6. Your other £15 free bet will be valid on any ‘Lengthen The Odds‘ market. You won’t be able to lay this bet.

Aim for a £7.50 profit on this Parimatch offer as a rough guide, and hope your ‘Lengthen The Odds’ bet wins for an even bigger profit.

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.

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.
Screenshot of the Matched Betting Academy

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £70,000 worth of profit, and made it my mission to make matched betting accessible to everyone.