Bet365 is the most successful online sportsbooks on the planet, with more than 14 million active users. Players love it for various reasons – a wide range of markets, a user-friendly attitude, and, of course, nice bonuses. This sportsbook’s welcome offer comes in the form of a £100 Free Bet.
Although it’s a pretty lucrative deal, the best thing about the bet365 welcome bonus is that the wagering requirement is light enough to clear with matched betting — typically a qualifying bet, then working the free bet against a lay or cover. Done carefully, you can turn most of the £100 free bet into withdrawable cash without relying on the result.
Bet365 Welcome Bonus In a Nutshell
Bet365 has a fantastic welcome present for its new customers based in the UK and Ireland. Every new player who signs-up will qualify for a £100 Free Bet. To get it, you need to deposit the same amount to your bet365 account within 7 days from the moment you signed up. You will receive the Free Bet an hour or so after placing your qualifying bet.
The sportsbook has similar deals for players from other parts of the world as well, although in other currencies.
- Minimum deposit: £10
- Maximum bonus: £100
- Wagering requirement: 1x
- Minimum odds: 1.20
- Time limit: 30 days
How to Clear the Bet365 Sign-Up Bonus with Matched Betting
If you’re new to the method, start with our ultimate guide to matched betting. An oddsmatcher (or a simple back/lay calculator) helps you size the stakes so the two sides roughly cancel. Here’s the bet365 flow:
- Step 1 – Make a bet365 account and deposit £100.
- Step 2 – Place a qualifying bet with your £100 on minimum odds of 2.00 or higher (check the current T&Cs).
- Step 3 – Lay the same selection at a betting exchange or cover bookmaker for the stake your calculator returns.
- Step 4 – After the bet is settled, you will receive the £100 Free Bet.
- Step 5 – Repeat the back-and-lay process with the free bet (stake the free bet at bet365; lay the liability side at the exchange/cover).
Whether the selection wins at bet365 or on the lay/cover side, one of the positions pays you. Done carefully, most of the free-bet value converts to cash — typically in the high tens of pounds after exchange commission, depending on odds and timing.