Sign up offers – Terms & Conditions

  • Hi,

    Relatively new to matched betting and just trying to understand it properly before I start. When I sign up to various bookies and place my initial qualifying bet to gain their ‘Free £20’ for example, what do I need to look for in the T’s & C’s? is there any type of offers I should stay clear of and also will the money they give me be in free bets? And be un-withdrawable? So could someone please explain the different types of offers and their terms & conditions, and which offers I should start with. Thanks 🙂

  • New to matched betting?

    My Matched Betting Academy is the best place to get started. Learning the fundamentals takes 10-15 minutes and you’ll make £15 in the process.

    Learning the fundamentals takes 10-15 minutes and you’ll make £15 in the process.

    FoG_BLoG 47

    Watch out for roll over requirements on the bonus funds. 4 or 5 times roll over is maybe manageable. But steer clear of offers such as winners offer.

    Look for minimum odds.

    Look out for some regions are excluded.

    You really have to go through the terms with a fine tooth comb these days.

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    deathstar 25

    as well as fogs suggestions, make sure you deposit with the correct method to be eligible for the offer, lots of bookies don’t allow skrill/moneybooker /neteller deposits.

    some bookies have MAXIMUM odds for rollovers as well as minimum.

    +0
    Tommobet 0

    Thanks for the responses! Another quick question, with the 4 or 5 times rollover does this mean that I will have to use the money I have gained 4 or 5 times over before Its actually mine? Also what is a winners offer, thanks. 🙂

    +0
    sub_tone 0

    Tommo

    The rollover is usually your deposit PLUS the bonus i.e.
    You deposit £200 to get a £50 deposit bonus and there are x5 rollover requirements. You would therefore have to complete £1250 (200+50×5) worth of bets before you can withdraw any of the funds.
    Two ways to approach this, either try and ‘lose’ the total amount by betting on higher stakes (but run the risk of tying funds up in the bookie if you win). Alternatively roll through using as low stakes as possible (check t&c), timing important in both cases as usually restrictions on how log you have to complete.

    ‘Winner’ is a bookie with a sign up offer bonus offer. Mabe worth waiting a while before you tackle that one, can be a minefield.

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    joshoooo 0

    so I had a $100 bonus bet on ladbrokes that I used to put on Adelaide United vs Western Sydney Wanderers for the sydney wanderers to win at 4.1

    If back (bookie) bet wins
    + 310.00 bookie
    – 240.71 lay
    = £ 69.29

    If lay (exchange) bet wins
    + 0.00 bookie
    + 69.29 lay
    = £ 69.29

    unfortunalty the wanders won last minute of the game and now im left with $310 in my ladbrokes account that I cant withdraw because i have to turn over the profit again at odds greater than 1.5

    how would I go about this? will I even break even?

    thanks for any help

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