Matchbook Bonus 2020 – All infos for Sign Up Offer & Welcome Bonus
Last updated & tested: 2020-06-01
BELOW IS INFORMATION REGARDING THEIR PREVIOUS SIGN-UP OFFER.
Established in 2005, Matchbook was one of the first betting exchanges to have an online presence. The unique selling point of Matchbook is the low commissions that they charge, which are in the region of 1.5% where the average of the rest of the betting exchange industry is around 5%. It goes without saying that the lower commissions are attractive because they give you a better chance of making a profit long-term.
Matchbook is based in Alderney and is licensed to provide services to players in the UK by the UK Gambling Commission. As it’s a betting exchange, the Matchbook bonus might be slightly different to the usual Free Bet Offers offered by many of the top bookmakers. At a betting exchange you bet against other punters as opposed to the bookie itself, and the company acts as a middle man, charging commission on the bets placed. Other top betting exchanges include Betfair, Smarkets and Betdaq. Overall, Matchbook has its highlights and some drawbacks. The positive points are the low commissions, great user interface and wealth of flexible betting options on a large selection of sports. Read more about the operator in our Matchbook review.
Matchbook sign up bonus:All the welcome bonus details
The kind of welcome bonus offer that you get at Matchbook is a unique one when you compare it to the other offers on our best online bookmakers list. Here you have a £10 refund bet deal that can give you up to £10 in refunds if your first sports bet at Matchbook loses. Keep in mind that you must deposit using a debit or credit card in order to take full advantage of this bonus offer.
This losing bet offer is similar to a matched deposit offer, in that you get bonus money for depositing and playing, it simply works in a different way. By giving you a risk-free bet, it means that you can take a riskier opening bet than normal, and what’s best is that if your bet loses, you will get your stake refunded by up to £10 in cash with no wagering requirements. Just remember that you need to place your first bet in the first seven days at the site. Continue reading to have the Matchbook deposit bonus terms explained.
How to claim the Matchbook Bonus:
- New customers only
- Losing bet refund deal
- Get your first sports bet refunded up to £10 if it loses
- No restrictions on odds or betting markets
- Seven days to place qualifying bet
- Refunds granted in cash
- No Matchbook bonus code is required for this offer.
Making your first deposit with Matchbook:Payment particulars
To redeem this bonus, it’s best to know the deposit terms. We want you to be aware of all of your options while making the most of your bonus. There are a few different payment methods available on Matchbook. You can pay with a credit card, debit card, Neteller, Skrill, or Paysafecard. You’ll need to use a credit or debit card to be eligible for the welcome deposit bonus, but keep in mind that you cannot withdraw funds using a MasterCard. Also note that you can use a credit or debit card to make your first deposit and receive your bonus, then down the line you can switch payment if you prefer making transactions through e-wallet or a bank transfer. Remember that various providers do charge service fees for transaction with online sports bettors. To avoid these fees it’s best to contact your provider and receive all the details of their policies.
Withdrawing your winnings:Withdrawal fee details
When it comes time to collect you hard earned winnings, you have a few different options. Note that if possible, the amount you request to withdraw will be sent to the payment method you registered with. If you’ve made your first deposit with MasterCard and would like to know your withdrawal options, contact the Matchbook customer service team. Some withdrawal processing times are faster than others. Before your money is sent to your account, the team at Matchbook will have to process your withdrawal request. This usually takes no more than six hours. Then, the transaction can be processed by your provider. If you’re using an e-wallet you should see the money in your account immediately. If you’re requesting your funds to be sent to your credit or debit card, you’ll see your money in two to five days. For bank transfers, transactions can take up to three to five days and there is a service fee of £35. If you’re withdrawing with a bank transfer you’ll need to make a minimum withdrawal of £500. Note that if the commission you’ve paid on betting does not cover the deposit and withdrawal processing fees, the bookmaker may notify you of a fee when you go to withdraw. The withdrawal process with Matchbook is pretty straight forward, though it pays to understand the terms before you start your betting. This will help you keep any fees down and maximise your winnings.
Current Promo code & signup bonus:How to get the bonus
What deals are available for Matchbook customers? The bonus that’s given for new Matchbook customers is a £10 losing bet refund. To take advantage of this offer you need to be a brand new customer who makes their first sports bet at the site. If you win your bet, you get your winnings as normal. But if it loses, then your stake will be refunded up to £10. This refund will be delivered as cash into your account without any wagering requirements.
Are you looking for the Matchbook bonus codes for this promo offer? Then don’t, because this welcome bonus offer doesn’t require any Matchbook bonus codes for it to be activated. Simply go to the homepage and use the promotional links to sign up for an account and you’ll receive the offer automatically. To have the Matchbook bonus explained to you in even more detail check out the Promo Terms and Conditions page on the Matchbook site. We don’t think you’ll have any questions after reading this review, but if you do you’ll find the answers there as the page does a great job of getting the Matchbook deposit bonus explained to you. The great thing about this offer is that you have seven days to make your first bet, and there aren’t any restrictions over what kinds of odds or betting markets you use. Keep reading to find more Matchbook deposit bonus terms explained in detail.
Our Verdict of :The Matchbook Bonus
The size of this bonus offer is the first thing that we will go over. It is a little under the average compared to the best sign up offers. Coming in at £10 it does give the average punter a decent starting boost that you can build upon. However, if you are interested in placing a larger first deposit then you could visit another bookmaker to receive a much larger matched bonus offer.
The advantages of the bonus offer include the fact that you are not restricted by what odds you have to place bets at, plus it’s obviously it allows you to make a much riskier first sports bet than normal. Also you have a total of seven days to place your qualifying, which is great because it gives you a lot of time to find the most lucrative odds.
Overall, OpenOdds feels that the quality of the bonus is good enough to give this bookmaker a try. Making a deposit at Matchbook is easy and the bonus offer comes into effect from the first bet that you place.
5 Expert tips for the Matchbook Bonus:Maximise your winnings
Are you looking for a way to unlock the full £10 Matchbook sign up offer, but aren’t sure what betting strategies to make use of? The difference between you going broke and increasing your bankroll could be taking the time to educate yourself on the latest betting strategies. You need to have a proven approach that gives you every edge possible. You might also see that you can enjoy sports betting a lot more when you know what you are doing instead of taking a random approach. Here are our top five betting strategies and tips to consider when unlocking the Matchbook bonus offer:
The first rule that you have to master when getting involved in any type of gambling environment is bankroll management. With proper bankroll management you can potentially avoid going broke. It obviously doesn’t guarantee that you won’t go broke but it does improve your chances considerably. Bankroll management is a detailed subject matter, but as a rule of thumb you should only wager 1-2% of your bankroll on a single bet. You can still enjoy a lot of action at once. You simply need to place a lot of small bets at once to enjoy a lot of action.
2.Record all bets:
Each bet that you make can be used to educate yourself about what you’re doing right and what you’re doing wrong. Once you have a large enough sample size a pattern will be evident. These patterns can be used to improve the approach you have to the betting. To record bets you can do so manually or make use of software to do it for you. Using software is the way to go because graphs can be generated that makes spotting patterns a lot easier. Just taking time each week to analyse your betting performance will lead to improvements. Many sites will keep a record of your bets there so that you can keep track, however you should implement your own strategy as well, particularly if you bet across multiple sites.
3.Stick to your top sports:
From time to time betting on a sport you know little about can be a lot of fun and provide a fresh experience. However, if you want to be a winning bettor you should stick to the sports that you know the most about. Did you grow up following football? Then it is a no-brainer that you will have the best advantage at betting on football matches. If you want to place bets on sporting events that you know little about then try to seek out a sports betting professional that shares their secrets.
It’s always a good idea to take advantage of promotional offers when they appear. Promotions are one of the best ways of increasing your odds, but they aren’t limited to welcome offers. The majority of bookmakers provide reload offers and other offers that give you an incentive to be loyal to a particular bookmaker and stay for the long term. Keep an eye on the homepage of the website so that you can notice promotional offers that have just been released, as well as on the specific promotions pages for smaller offers. It might be that there is an offer on a sport you love that isn’t being so heavily promoted on the site.
5.Go for the underdog:
In a lot of sports betting markets the underdog is undervalued and that means you can bet on them to take advantage of the excellent odds. The underdog will have a lower chance of winning, but when they do win the higher payout means it’s worth the risk. It can actually be a lot of fun betting on the underdog, because you get to watch sporting event where you’re rooting for the underdog – who doesn’t love that? However, not all underdogs have good quality odds so you’ll need to do a little research to spot those favourable odds. Betting on the underdog is obviously a bit risky, so make sure to combine this tip with the one on bankroll management to reduce the impact of a loss.