VBET Sign Up Offer (2023) | How to Make £12.00 Profit

Description

Register an account with VBET and place a multiple bet comprising at least 3 selections. If the bet wins, you’ll receive a free bet equal to 50% of your stake up to £10. If the bet loses, you’ll receive a free bet equal to 100% of your stake up to £20.

Key terms

Promotion is available to new verified customers residing in the UK.
Only deposits made using Trustly and Nuvei qualify for this promotion.
Place a multiple bet as your first ever Sportsbook bet.
Your bet must have 3+ legs and minimum odds of 1.30 (3/10) per leg.
Minimum stake of £2.
Bets placed on horse racing and greyhounds are excluded.
If your bet wins, you’ll get 50% of your stake as a free bet up to £10 (on top of your winnings).
If your bet loses, you’ll get 100% of your stake back as a free bet up to £20.
Your qualifying bet must be placed within 30 days of registering.
Your free bet will be credited within 24 hours of your qualifying bet settling.
The free bet will be valid on any sport for 5 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

Matched Betting Blog users can extend their 0% commission beyond the initial 60 days. Sign up via the link below.

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 (via Nuvei).
Switch to decimal odds.

Qualifying bet

Your qualifying bet must be a multiple with 3+ selections and minimum odds of 1.30 (3/10) per selection. Check the back odds at VBET 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 a multiple at VBET (within 30 days of registering).
Place your lay bet against the same multiple at Smarkets.

Free bet

If your qualifying bet wins, you’ll receive a free bet on top of your winnings equal to 50% of your stake up to a maximum of £10. If your qualifying bet loses, you’ll receive 100% of your stake back as a free bet up to a maximum of £20.
No matter the outcome, your free bet will be credited within 24 hours of your qualifying bet settling.
Check the back odds at VBET and the lay odds at the betting exchange to find a suitable selection.
Use the ‘Free Bet‘ setting on the Matched Betting Calculator to calculate your lay stake.
Place your free back bet at VBET (valid for 5 days).
Place your lay bet against the same selection at the betting exchange.

Aim for a £12 profit on this VBET offer as a rough guide. If your initial bet wins, you should make an extra £8 cash (80%) from your £10 free bet. Based on those figures, you could potentially make a £20 profit on this VBET offer.

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.

Get Started

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Got a question?
Leave me a comment below…

I usually respond within 24 hours.

Matt Kirman – Matched 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.

gubloa
0

It says ‘Deposits made using Trustly and Nuvei only count as qualifying deposits for this promotion‘ on the offer, can you confirm they don’t accept debit card anymore?

+0
Reply January 15, 2023 at 2:00 pm
1. Matt
  1329
  
  You can still deposit via debit card. You just need to select Trustly or Nuvei and add your debit card to make the payment.
  
  +0
  Reply January 16, 2023 at 4:18 pm
Strawzy
4

I missed this one as apparently they don’t allow racing as one of the 3 selections.

+0
Reply March 5, 2023 at 12:01 am
1. Matt
  1329
  
  That’s correct, Strawzy. That’s listed in the ‘Key terms’ section above.
  
  +0
  Reply March 5, 2023 at 9:51 am
Amateurish1
2

Hi Matt, I deposited £20, but my account balance says £0. It says I have a bonus balance of £45 with a frozen balance of £20. When I went to deposit, it said I had to claim the casino offer but would still qualify for sportsbook offer… so does this mean I need to wager the casino bonus first? Will I lose my £20? Sorry, I’m a bit confused.

+0
Reply April 3, 2023 at 10:33 pm
1. Matt
  1329
  
  The casino sign up offer is high-risk, so stick to the sports offer.
  
  If you accepted the casino offer on signing up, you might need to contact them to opt out. That should free up your £20 deposit to place your qualifying multiple bet.
  
  +0
  Reply April 6, 2023 at 2:07 pm
Frank
Guest user

I have signed up and both my ID and address have been verified; however, I am getting a “client restricted for action” notice when I try to place my qualifying bet. Any ideas how to sort this out as I have, stupidly, already placed my lay bet.

+0
Reply May 27, 2023 at 9:40 pm
1. Matt
  1329
  
  I’m not sure, Frank. You’ll need to contact VBET about that.
  
  You should be able to trade/cash out your exchange bet. It’ll lock in a small loss, but better that than risk losing a lot more. I’m sure you’re very aware now, but always place your back bets first.
  
  +0
  Reply May 28, 2023 at 8:24 am
2. Matt
  1329
  
  It seems that the error message you’re reporting can sometimes occur when there are no issues with an account. VBET recommend trying Incognito mode when using Chrome, other browsers and other devices.
  
  +0
  Reply May 28, 2023 at 10:49 am