Matchbook Sign Up Offer & Bonus Code: Bet £30 on Racing Get £30 in Free Bets

Matchbook is a sports betting exchange that was founded in 2004, and ownership of the business changed hands in 2011. Matthew Alexander Benham is the owner of the exchange and has accrued fame for his role as the owner of Premier League football club Brentford, renowned for their savvy nature in the transfer market and ‘money-ball’ philosophy which relies heavily on data.

Matchbook Sign-up Offer Explained in Detail

The Matchbook sign-up offer for new customers is simple. Below we outline step-by-step instructions to avail of this offer.

1. Click on the 'Get Offer' button dedicated to Matchbook to visit their website 
To initiate the process of claiming the Matchbook welcome offer, click on any link within our review, directing you to the Matchbook promotion page.

2. Click the "Join Matchbook" button
You can read all the details of the offer before clicking through to the registration form.

3. Fill in the Contact Details
Upon clicking "Join Now," the page will redirect to the "Join Matchbook" page. Fill in the required sections, including:
- First Name
- Last Name
- Date Of Birth
- Username
- Email Address
- Password
- Select Currency
- Bonus Code
Ensure you use a robust password, choose the correct currency, and input HR30 into the bonus code section.

4. Fill in the Address Form
The next sections to complete include:
- Country of Residence (Dropdown Menu)
- Address 1
- Address 2
- City
- Postcode/Zip Code
- Mobile Number (Dropdown for Area Code)

5. Accept the Matchbook T&C
Afterwards, the page will present more information for you to fill in. This section includes a security question with various options for you to choose from, along with providing the corresponding answer. Post this, tick the box to confirm acceptance of the Matchbook Terms and Conditions and your Matchbook membership will be finalised.
Once these steps are completed, a text box will appear, stating: "Thank you for registering with Matchbook; your account has been created. We require documentation from you to complete account verification. We will notify you when this is required. If you want to upload them, you can do so via your account panel. Our customer service team is available to assist you with your account via Live Chat if required.

6. Make Your First Deposit
After successfully completing the previous steps, it is time to make your first depost on Matchbook. Click the ‘Deposit’ button on the right-hand side of the screen to make your first deposit. This can be done with a debit card, PayPal, bank transfer, or on mobile with Apple Pay. The minimum deposit required to claim the Matchbook new customer offer is £30. Make sure to use one of the accepted deposit methods in order to obtain your new customer offer.

7. Place Your Qualifying Bets
Place 2x £10 horse racing "back" bets and 1x £10 horse racing multiple all at odds of evens (2.0) or above to qualify for the free bets.

8. Enjoy Your Free Bets
Within 48 hours of the qualifying bets being settled, you will receive 3x £10 horse racing free bets to use on a single horse racing bet within 7 days.

Matchbook Welcome Offer Key Terms and Conditions

Eligibility for Matchbook’s Sign-Up Offer

This promotion is available to new customers only, who register a new account with the correct Matchbook bonus code on Matchbook.com. This promotion is available to new customers only, who register using the Matchbook promo code “HR30”. 

Bet Types Eligible for Matchbook’s Sign-Up Offer

New customers who create an account using the promo code HR30 need to place 2x £10 horse racing "back" (ie to win) bets and 1x £10 horse racing multiple to qualify.  

Minimum Odds for Matchbook’s Sign-Up Offer

The qualifying bets must be placed on selections at odds of 2.0 or more to qualify for the free bets. 

Compatibility with Other Matchbook Sign-Up Offers

This promotion cannot be used in conjunction with any other sign-up promotion. The sign-up offer is strictly limited to one per individual, family, household address, email address, same payment account number, and shared computer. 

Free Bet Refund Crediting Timeframe

The free bet refund will be credited within 48 hours of the qualifying bets settling. 

Free Bet Usage Restrictions

The free bets need to be placed on single horse racing bets - they cannot be used on a Multiple bet (Double, Treble, Lucky 15 etc.) 

Is the Free Bet token withdrawable or will it be returned as part of winnings?

The free bet token cannot be withdrawn. The free bet token stake will not be returned on a winning bet. 

Splitting of Free Bet Token

The full value of a free bet token will be used when placing a bet. 

Free Bet Token Expiry

The free bet token will expire after 7 days if unused. 

Usage and Exclusions of Free Bet Token

The free bet token can only be used on the Matchbook Exchange. Exclusions Enhanced Specials are excluded from this offer and do not qualify towards first bet. 

Deposit Methods Ineligible for the Sign-Up Offer

Users making their first deposit by Skrill, Neteller or PaySafe card will not qualify for this promotion. 

Effect of Cashing Out on Qualifying Bet

If you use Cash Out on your first bet you will not be eligible to receive the free bets.

Existence of a Bonus Code

Yes. Matchbook requires customers to use the promo code: HR30 upon sign-up for the money back as a free bet promotion to be activated.

How does the Matchbook Welcome Offer compare with competitors

Matchbook’s welcome offer is in the form of a money back guarantee as opposed to other firms that offer customers free bets upon sign up, deposit or the placement of their first bet. All sign up offers come with pros and cons, but one of the positives for this method of sign up offer is that punters can bet on something speculative, safe in the knowledge that their stake will come back to them as a Matchbook free bet.

Mistakes To Avoid When Claiming the Matchbook  Welcome Offer

• When taking advantage of Matchbook’s welcome offer, it is important to avoid some common mistakes to get the full benefit of this promotion. Firstly, avoid using any of the payment methods listed in their T&Cs that will disqualify you from the promotion. These include Skrill, Neteller and PayPal. Simply depositing with a debit card is the easiest way to go about this.
• Next up, make sure your first bet is placed at odds at 2.0 or above. Any bet placed at odds below this threshold will not count.
• It is important when customers have been credited with their free bet to understand that they won’t last forever. Matchbook clearly states: free bets will expire seven days after being issued, so don’t get caught out and make sure to use the free bet within the week.
• As always, make sure as a new customer to verify your account. This means Matchbook will be able to allow you to deposit, withdraw and get free bets with no problems. 

Is There a Matchbook Loyalty Bonus?

At present Matchbook does not offer a loyalty bonus.

Our Experience Using Matchbook 

Matchbook is different to most other betting options in the United Kingdom in terms of the model being an exchange, similar to Betfair and Betdaq as well as Smarkets. Upon signing up for Matchbook I found the process simple and as sad as it was that my first placed bet was a loser, the use of the sign up offer with code MB20 meant my stake was returned to me as a free bet of £20.

I was pleasantly surprised to see the plethora of markets Matchbook offered on both horse racing and other sports, which is a rarity on exchanges. The downside is that in more niche markets the liquidity is not high enough for players who would like to place larger stakes, and in some cases no odds are available at all.

Exchange betting is always a nice change from the traditional bookmakers and I enjoyed immensely being able to set my own odds when backing an outcome. On Matchbook it is a simple process to post a number that you would like to bet a certain outcome happening and waiting for another customer to match with a lay bet.