Matchbook is a betting exchange with a sportsbook bolted on, known for low commission and strong liquidity on football and US sports. Its welcome offer pays three separate tokens — exchange, multiples and bet builder — after two qualifying bets.
BonusRated reviews the Matchbook welcome offer for new customers as it stands now: Bet £20 Get £30 — min bet £20 (two £10 bets), stake not returned, singles: exchange singles; multiples/bet builders, promo code NEW30.
Our view: the headline is bigger than the value — the qualifying and token restrictions take a large bite out of it. We rate the Matchbook offer 2.8/5 for value and 3.6/5 overall.
Matchbook Free Bet Offer & Promo Code Terms
| Matchbook Free Bet | Bet £20 Get £30. T&Cs apply. |
| Free Bets | £30 (3 × £10) |
| Min Bet | £20 (two £10 bets) |
| Stake Returned | No |
| Singles OK | Exchange singles; multiples/bet builders |
Here are the significant Matchbook sign-up free bet terms and promo code details for new customers:
New Matchbook Players Only. Sign Up with Bonus Code: NEW30. Bet and Settle 1x£10 Bet on Matchbook Exchange at odds of 2.0 or more. Bet and Settle 1x£10 Bet on a Bet Builder or Multiple at odds of 3.0 or more, with min 3 selections. Within 72 hours of Qualifying Bets settling user will receive 1x £10 Exchange Free Bet, 1x £10 Multiples Free Bet, and 1x £10 Bet Builder Free Bet. Users making their first deposit by Skrill, Neteller or PaySafe card will not qualify for this promotion. T&Cs Apply. 18+. GambleAware.org
Promo code: NEW30 — enter it when you register.
Bet £20 Get £30
Code: NEW30New Matchbook Players Only. Sign Up with Bonus Code: NEW30. Bet and Settle 1x£10 Bet on Matchbook Exchange at odds of 2.0 or more. Bet and Settle 1x£10 Bet on a Bet Builder or Multiple at odds of 3.0 or more, with min 3 selections. Within 72 hours of Qualifying Bets settling user will receive 1x £10 Exchange Free Bet, 1x £10 Multiples Free Bet, and 1x £10 Bet Builder Free Bet. Users making their first deposit by Skrill, Neteller or PaySafe card will not qualify for this promotion. T&Cs Apply. 18+. GambleAware.org
Expert Verdict: Matchbook
“Excellent for “sharp” bettors who want better odds than traditional bookies. Great for Royal Ascot if you want to back/lay horses.”
We’ve given the Matchbook offer 2.8/5. Some catches worth knowing about. Like most bookies, stake isn’t returned — only your winnings. These are acca-only, so factor in the extra risk.
Matchbook at a Glance
| Best for | Accumulator enthusiasts |
| Welcome Offer | Bet £20 Get £30 |
| Min Qualifying Bet | £20 |
| Minimum Odds | 2.0 / 3.0 |
| Stake Returned? | No |
| Singles Allowed? | Accas Only |
| Free Bet Expiry | 3 days |
| Cash Out | Available on most markets |
| Payout Speed | 24-48 hours |
| UK Licence | UKGC #39411 |
| Bonus Score | 2.8/5 |
| Overall Score | 3.6/5 |
Most Popular Betting Markets at Matchbook
Our take on this: These are the markets UK punters bet on most frequently.
Football
- 1X2
- Over/Under
- Both Teams to Score
- Correct Score
Horse Racing
- Win
- Each Way
- Forecast
- Tricast
Tennis
- Match Winner
- Set Betting
- Games Handicap
Basketball
- Money Line
- Spread
- Totals
Accumulators
- 2-5 Legs
- Same Game Multi
- Bet Builder
Live Betting
- In-Play 1X2
- Next Goal
- Running Totals
Sports and Bet Types Available
Sports Covered
| Sport | Leagues | Coverage |
|---|---|---|
| Football | 40+ leagues | Good |
| Horse Racing | UK, Ireland | Good |
| Tennis | ATP, WTA | Standard |
| Cricket | International | Standard |
| Basketball | NBA, EuroLeague | Standard |
| Golf | Major Tours | Standard |
Bet Types Offered
- Singles
- Accumulators
- System Bets
- Cash Out
- Bet Builder
- Same Game Acca
- In-Play Betting
- Each Way
Odds Quality: How Competitive Are Matchbook’s Prices?
Matchbook is a betting exchange, meaning you’re betting against other users rather than the house. This typically results in better odds with lower margins.
| Market | Margin | Rating |
|---|---|---|
| Premier League 1X2 | ~106% | Standard |
| Tennis Match Winner | ~106% | Standard |
| Horse Racing Win | ~118% | Below Average |
| NBA Money Line | ~107% | Standard |
Industry average: Traditional bookmakers typically run 105-108% margins on football. Exchanges like Smarkets offer near-100% when accounting for commission.
Live Betting Experience and In-Play Markets
- Live Streaming — Limited or requires deposit
- Cash Out — Available on selected markets
- In-Play Depth — Standard live market range
- Bet Builder Live — Pre-match only
- Stats Overlays — Basic or none
Betting Restrictions and Rules to Know
These are the key restrictions that affect how you can use your free bets.
- Minimum Odds — Free bets require minimum odds of 2.0
- Accumulator Only — Free bets must be used on accumulators or bet builders
- Stake Not Returned — Only winnings from free bets are paid out, not the stake
- Short Expiry — Free bets expire within 3 days of being credited
Betting Tools and Platform Features
- Bet Builder
- Early Payout
- Partial Cash Out
- Edit Bet
- iOS App
- Android App
- Acca Insurance
- Stats & Insights
Who Matchbook Is Best For (and Who Should Avoid It)
Good fit for
- •Accumulator enthusiasts
- •Sharp bettors who understand exchange markets
- •High-volume traders seeking best odds
Not ideal for
- •Conservative single-bet players
- •Casual bettors unfamiliar with exchanges
- •Players seeking the most generous welcome offers
How We Rated Matchbook
In plain English: We analyse 6 key metrics for free bet offers, then combine with operator quality for the overall score.
- 2/5 — Cash Equivalent
- 3/5 — Claim Difficulty
- 3/5 — Usage Flexibility
- 4/5 — Withdrawal Terms
- 2/5 — Expiry Window
- 3/5 — Real-World Value
Formula: Overall Score = (Free Bet Score × 40%) + (Operator Quality × 60%)
= (2.8 × 0.4) + (4.2 × 0.6) = 3.6/5
What we like
- Exchange betting available
- Dedicated token types
- Competitive commission
Could improve
- Complex qualifying (2 bets required)
- Higher min odds for accas
- Skrill/Neteller excluded
Frequently Asked Questions
What is the Matchbook welcome offer?
New customers can get Bet £20 Get £30. Use code NEW30 when registering. Minimum qualifying bet is £20.
Is the free bet stake returned at Matchbook?
No, Matchbook free bets are stake-not-returned. If you bet £10 at 5/1 and win, you get £50 (winnings only, not the stake).
Can I use Matchbook free bets on singles?
No, Matchbook free bets must be used on accumulators or bet builders. Singles are not eligible.
What are the minimum odds for Matchbook free bets?
Free bets at Matchbook require minimum odds of 2.0 (Evens). Bets at lower odds won’t count.
How long do Matchbook free bets last?
Matchbook free bets expire 3 days after being credited to your account. Make sure to use them before they expire.
Is Matchbook licensed in the UK?
Yes, Matchbook holds a UK Gambling Commission licence (number 39411). This ensures they meet strict standards for player protection and fair play.
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