Parimatch Sign Up Offer

Description

Register an account with Parimatch, opt into the promotion and deposit £5+. Place a bet of up to £30 on horse racing, and if it loses, Parimatch will refund your stake as a free bet.

Key terms

  • You must opt into the promotion.
  • The promotion is only available to customers depositing via debit card.
  • Minimum deposit of £5.
  • Place a bet of up to £30 on any horse racing market.
  • Only your first single bet placed after opting in will qualify.
  • Qualifying bet must be placed within 7 days of registering.
  • Money back as a free bet if your first bet loses.
  • The free bet will be valid 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 anytime, so it’s always worth double-checking.

Account setup

  1. Sign up for a betting exchange account if you haven’t already. You’ll need this to match your bookmaker bet.
  1. Register an account with Parimatch.
  1. Opt into the promotion.
  2. Deposit £30 using a debit card.
  3. Switch to decimal odds.

Qualifying bet

  1. Your qualifying bet must be placed on horse racing. Check the back odds at Parimatch and the lay odds at the betting exchange 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 £24 as your ‘Cashback‘ figure as that’s the amount you can expect to convert your £30 free bet into (80%), should your qualifying bet lose.
  3. Place your £30 qualifying back bet at Parimatch (within 7 days of registering).
  4. Place your lay bet against the same selection at the betting exchange.

Free bet

  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 a £30 free bet if your qualifying bet loses.
  2. Check the back odds at Parimatch and the lay odds at the betting exchange to find a suitable selection.
  3. Use the ‘Free Bet‘ setting on the Matched Betting Calculator to calculate your lay stake.
  4. Place your £30 free back bet at Parimatch (valid for 7 days).
  5. Place your lay bet against the same selection at the betting exchange.

Aim for an £18 profit on this Parimatch 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.

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 £650 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 £60,000 worth of profit, and made it my mission to make matched betting accessible to everyone.