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Matchbook Bonus Code 2023: Get up to £20 as free bets

Learn more about Matchbook and all the latest offers valid throughout 2023.

Show Matchbook bonus code >> MB20
Bonus & Offers details

Minimum Odds of 1.8 for first bet to qualify.

Losses will be refunded on first bet only, as a free bet - up to £20

New Customers Only. 18+. Ts and Cs apply. Be Gamble Aware.

Expires on: 31-12-2023
Last check: 2 days ago

Matchbook Bonus Code 2023

There is currently a Matchbook bonus code for new players, which grants access to a £20welcome offer. This is subject to change, so make sure to regularly check their official promotions tab. The welcome offer can be a free bet, a deposit bonus, free casino spins, or any other type of bonus.

The welcome offer may require the Matchbook bonus code, but this isn’t always the case. If needed, the Matchbook bonus code has to be entered during account registration for new players, or in the Account menu for existing players.

Get £20 in free bets and 20 free spins

This choice of offers is available to new players signing up with Matchbook. You need to pick your favoured offer and ensure you enter the correct bonus code on the registration form. The £20 free bet offer may be more attractive to customers who are used to sportsbook betting, while 0% commission will no doubt appeal to experienced traders.

Multiple bets like doubles or trebles are not eligible for this promotion. On top of that, the free bets you receive can't be placed on multiple bets as well. Cashed-out bets are excluded from the offer and so is back-to-lay betting. Getting a win through these free bets means that you get to keep the winnings but not the initial free bet stake. Full Matchbook T&Cs apply.

Make sure you refer to the promotions page for the correct promo code and full terms.

The latest code will be displayed on the front page of the promotions tab, and you will have to click on the button to instantly copy and/or direct yourself to the official Matchbook site. Once the Matchbook bonus code is copied, you will have to paste it in the registration form during account creation or in the special box in the Account menu.

Sometimes, there will be a small pop up window that will remind you to enter the Matchbook bonus code if you have selected the promotion.

matchbook mobile app

How to create an account on Matchbook using the Matchbook bonus code?

The registration process at Matchbook is very simple. In the upper right corner of the screen, there will be a red JOIN MATCHBOOK button. Clicking on it will open up the registration window which is divided into four steps:

  1. Set up some basic account information. This requires of players to enter their email address, account name, set up a password, enter phone number and also put in the currency they wish to use. There will also be a space reserved for the Matchbook bonus code. Here you can paste the promo code copied from the previous page. Make sure to regularly check operator’s promotions tab in case the Matchbook bonus code changes.
  2. Fill in personal data like first and last name, date of birth, town, address, postal code, country and security question.
  3. Verify your account and age.
  4. Accept all Matchbook Terms & Conditions and eventually create the account. Optionally, you can accept to subscribe to their newsletter and receive promo offers on your email.

Step by step on how to deposit funds on Matchbook

In order to transfer funds in and out of your account, you first have to verify your account. This can be done by sending your ID, driver’s license, or passport to Matchbook customer service.

Due to the new United Kingdom Gambling Commission regulations, all customers must also present evidence regarding their financial affordability. This evidence can be a trust deed, a bank statement, proof of earnings, date proof of a payment you made or received from legal sources or any other evidence and information that proves the legality of your financial sources.

After this, you will have to take the following steps:

  1. Log in to your account.
  2. Go to the Account menu and press the Deposit option.
  3. Select the payment method and enter the amount of funds you want to deposit.
  4. Press Deposit button and wait for a few minutes for funds to be processed and to settle on your account.
  5. Sometimes there is a Matchbook bonus code that can be entered when making deposits. Make sure to always check Matchbook promotions tab for new offers.

In order to deposit or withdraw funds from your account, you will have to choose a payment method. It is a general rule of thumb to always deposit and withdraw with the same payment method. Please be advised that Matchbook bonus code will not work if you deposit with eWallet methods like Skrill, Neteller, PayPal, Paysafecard and other.

Deposit methods are:

  • Visa
  • Mastercard
  • Paysafecard
  • Neteller
  • Skrill

Withdrawal methods are:

  • Visa
  • Mastercard
  • Bank wire
  • Neteller
  • Skrill

Matchbook does not charge any fees on transactions, but a third-party provider might. Make sure to check the provider Terms & Conditions before using it to make transactions.

What are the qualifying conditions for Matchbook bonus code?

Every promo code has a certain set of qualifying conditions that need to be met in order to receive the bonus. In some cases, this is also called a qualifying bet. The requirements may vary depending on the promo code in question, but general Terms & Conditions are always the same:

  • Welcome offer can only be used by new players with a new account.
  • Bonuses cannot stack.
  • Funds received via promotions can only be used on sportsbook or casino platforms.
  • Bonus funds credited to the account will expire after a certain period.

In order to claim a specific Matchbook bonus, the customer has to use the Matchbook bonus code during the registration of a new account. After creating the account, the bonus will be given to the player, depending on its requirements and conditions. If the bonus is a free bet, it means the player will have to place a bet on certain sports in order for it to be qualifying. This can be any sporting event, like the Champions League, tennis match, World Cup match, boxing match, etc. However, it has to be said that free bets are usually tied to football competitions. This type of promotion requires bets to be placed on odds of 1.5, 2.0, or 2.5 or greater. Sometimes, it is tied to the type of bets like a parlay, each way and other.

If the welcome offer is a deposit bonus, the process of acquiring it is very straightforward. By using the Matchbook bonus code, players will have to log in to their account, deposit funds, and the bookmaker will match their deposit by a certain percentage. This can be 50, 70, 100, or even 150%. This offer is maxed at a certain amount of money. For example, a welcome offer can be a deposit bonus matched by 100% and up to £100. This means that if a player deposits £100, the bookmaker will give £100 in bonus funds which can be used on sportsbook or casino.

When it comes to casino platforms, the bonus is more often than not tied to wagering requirements. This means that the bonus funds given to the player must be wagered 20, 30, or 40 times the bonus amount in order to be withdrawn. It is important to note that casino bonuses are tied to specific games on the platform. The wagering requirements will not be considered qualifying unless played on these games selected by the operator. Moreover, there is a deadline on all wagering requirements. Bonus funds must be played within the set timeframe or else they will be voided.

What happens when you receive the bonus?

When you create a new account and enter the Matchbook bonus code, you will first have to log in to your account. You will then receive a pop-up message depending on the type of bonus. If it is a deposit bonus, you will be notified of your bonus funds instantly when you make your first deposit. If it is a free bet, you will receive the pop-up message as soon as you make your first qualifying bet. The system will always notify players when they meet the requirements and when bonus funds are allocated to the account.

If the system for one reason or the other does not send a pop-up message, bonus funds can always be viewed from the Account menu. By clicking on your Account settings, you will be able to see the amount of funds you have. The funds are usually divided into two sections: Account funds and Bonus funds. Account funds are the funds you deposited or won via a bet. These funds can be withdrawn at any time. Bonus funds are the funds that you received as part of the promotion. Usually, these funds cannot be withdrawn and have to be played on a sportsbook or casino. However, any winnings from these bets can be withdrawn.

If there are more than one promotions active, these will be shown in the Account settings under Promotions tab. It will list all of the promotions a player has activated and the requirements still needed for its completion.

What to do after finishing the welcome offer?

Matchbook com Sports Betting Exchange Lowest https www matchbook com

After completing the welcome offer, players can try out different promotions offered by the bookmaker. If there are none, then players are free to make sporting bets, play casino games, and explore the bookmaker. Matchbook offers plenty of sporting markets, including virtual sports, which are always fun. After the learning curve and placing a few regular bets, it may be time to try live in-play betting. This section is reserved for more experienced bettors, but there will be some offers and odds which are suitable for newcomers. Live in-play section offers a fully dynamic system of betting, where players will be able to view the match and bet on statistics while the match is ongoing.

Matchbook also offers an excellent exchange platform where players can “trade” odds, prices, and games with other players. The exchange allows players to take the role of a bookmaker and create odds and prices at their liking. Other players will then choose to match the odds and place a bet or ask for different odds to increase their chance of winning.

Other bonuses and promotions at Matchbook

Some of the most recent promotions Matchbook had are:

  • Matchbook Sports Betting: 1% commission on all sports, meaning players will only have to pay a lowered commission when they win the bet and earn a profit.
  • Matchbook Horse Betting: 1% commission on net winnings gained on horse racing.
  • Matchbook Casino Deposit Bonus: First casino deposit is matched by 100% and up to £100.
  • Casino Free Spins: New players will get 100 free spins that can be used on Matchbook selected games.
  • Cashback offers: Players will receive a certain amount of funds back in case their bet is a loss.
  • Cheltenham Promo: Receive +10% winnings on every horse race.
  • Other daily and weekly promotions like jackpots, spin a wheel and many more.

The most Frequently Asked Questions about Matchbook

matchbook logo

Is Matchbook safe and legal?

Yes. Matchbook is licensed by the United Kingdom Gambling Commission and is secured with latest SSL encryption. All financial data and transactions are heavily monitored.

Is there a Matchbook bonus code?

At the time of writing, the Matchbook bonus code is available and you can get a £10 reward on the betting exchange.

What is betting exchange?

A betting exchange allows players to establish their own odds and bets against one another, instead of betting against fixed odds set by the bookmaker. This means odds are more flexible and competitive.
I heard there is a commission charged by Matchbook.

Since betting exchange is a player-driven market, Matchbook needs to charge a small commission on each bet in order to make a profit. The commission is very competitive, set at 2%. The current rate for all Specials is 5%. This can change with promotions.

What is a Deposit Limit?

You can set a deposit limit on yourself to ensure you will never spend more money than you initially planned. The limit can be set for 24 hours, 7 days or 1 month. It will restrict the amount of money you can transfer to your account and can only be changed by contacting customer service.

Is there a Cash Out option?

Yes. Matchbook offers Cash Out for all bets that have a Cash Out symbol next to it. However, be aware that sometimes bets cannot be Cashed Out due to lack of liquidity in the market. This is usually the case with live events and bets.

Can I cancel my bet?

Unfortunately, you cannot cancel a bet once it is made. If you experienced some issues with bets due to lag, you can contact the customer service and they will judge the situation.

What are the matched and unmatched bets?

For a bet to be valid, another customer with an opposing opinion must match against your bet in the exchange. An unmatched bet is one where no customer is willing to match against the bet. Unmatched bets will remain on the market until the they are eventually matched by someone, cancelled by the player or when market closes.

I have seen something called Market Exposure. What does it mean?

Market exposure is the amount of money set aside from your balance to cover all of your current matched and unmatched bets. Free funds are the funds available for placing different bets. It is calculated by subtracting your current exposure from your account balance.

Validity period of the bonus code: December 2023


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