Wednesday, April 24, 2024

Matchbook Bonus Code 2024 – £20 Money Back if your First Bet Loses

Matchbook is a betting exchange site that aims to give customers the best value possible across the sports betting market. It boasts a wide range of markets across many sports and offers some of the best promotions available.
 
The Matchbook bonus code gives new customers the chance to win £20 back as a free bet if their first bet doesn’t pay out. Here, we’ll explain how you can make the most of the welcome bonus and also talk about their other promotions, like the 0% commission on all sports for the first 90 days when customers sign up.

Matchbook Bonus Code (April 2024)

£20 back as a Free Bet

Sign-up to Matchbook today with bonus code: MB20. Place your first bet at odds of 1.8 or more, within 7 days of registration. If it loses, we will refund your stake as a single free bet up to £20. Free Bet Refunds will be applied within 72 hours of the qualifying bet being settled. You can place your qualifying bets on the Matchbook Exchange, Matchbook Zero or on Multiples. Enhanced Specials are excluded. 18+. T&Cs Apply.

What is the Matchbook bonus code?

The Matchbook bonus code 2023 is MB20 and this will allow new players to claim the welcome offer with the betting exchange. It’s simple to get involved provided you adhere to the terms and conditions of the bonus.

All new players to Matchbook have the opportunity to benefit from the betting exchange’s attractive bonus code. It offers players the chance to earn £20 back as a free bet if their first bet loses. In addition, players can also receive 10 free spins on the Matchbook casino.

There is also a subsidiary bonus code at Matchbook for an offer where new players can get 0% commission for 90 days using the bonus code COMMFREE90. This offer will apply to all sports bets for a period of 90 days from the point of signing up with Matchbook.

How to use the Matchbook bonus code

Using the Matchbook bonus code could not be easier. You’re on this page so you’re immediately in the right place to start. Here is our step-by-step guide to using the Matchbook bonus code.

  1. You just need to sign up for a Matchbook account with the bonus code on this page and fill in the registration form.
  2. You must then place a first qualifying bet at minimum odds of 4/5 or greater using a deposit of up to £20.
  3. If that bet loses, then you will have your stake refunded as a single free bet up to the value of £20.
  4. As soon as that first bet has been settled, you will also receive 20 free spins on the NetEnt slots game – Starburst.

Eligible Matchbook Payment Methods

Matchbook have a wide range of payment methods to choose from. They range from debit cards, like Visa and Mastercard, bank wire transfer, or ewallets such as Skrill and Neteller.

However, it is important to note that Skrill, Neteller, and Paysafecard deposits are not eligble to claim with the promotion.

We recommend sign up using a debit card to ensure you’re eligible for the Matchbook bonus.

You can compare Matchbook’s payment methods and their processing times below. We’ve also included the associated fees, min/max deposits and withdrawals.

Deposit MethodFeesProcessing TimeMin. AmountMax. Amount
Visa/MastercardN/AInstant£10N/A
SkrillN/AInstant£10N/A
NetellerN/AInstant£10N/A
Google PayN/AInstant£10N/A
Bank TransferN/AInstant£10N/A
PaysafecardN/AInstant£10N/A
Withdrawal MethodFeesProcessing TimeMin. AmountMax. Amount
Visa/MastercardN/AInstant£10N/A
SkrillN/AUp to 12 hours£10N/A
NetellerN/AUp to 12 hours£10N/A
Google PayN/AInstant£10N/A
Bank TransferN/A3-5 business days£500N/A
PaysafecardN/AInstant£10N/A

Matchbook Bonus Key Terms and Conditions

Every sportsbook or betting exchange promotional offer comes with obligatory terms and conditions. The Matchbook promo code for new players is no different. It’s always worth checking the small print before getting involved in a bonus offer to ensure you know what you’re getting yourself into.

This particular welcome offer has a number of standout key terms and conditions that should be highlighted:

  • The bonus offer is available to new players only
  • The first bet initial wager must be placed on an outcome at minimum odds of 4/5
  • First deposits with Skrill, Neteller, or Paysafecard will be ineligible to receive the bonus.
  • A maximum bet size of £20 is in place
  • If your first bet loses then a full refund in the form of a single free bet matching their your deposit
  • The first bet must be placed within 14 days of registration.
  • The free bet refund will be credited to your account within 72 hours of the first bet being settled
  • The free bet funds cannot be used on multiple bets such as doubles, trebles, Lucky 15s etc.
  • Back and lay bets placed on the same runner are also ineligible for the offer.
  • The free bet funds can also not be withdrawn from the player’s account.

If players participate in this offer then they won’t qualify for any future “0% commission” promotions run by Matchbook. Funds returned to players through this promotion must also be wagered within the duration of this promotion. That period can be found in the terms and conditions for this promotion.

Matchbook Allowed Countries

Matchbook is available to access for players from a wide selection of countries around the globe. It is a UK-based platform that is licensed and regulated by the UK Gambling Commission and Alderney Gambling Control Commission. That means UK players are welcome.

It is worth checking your local gambling laws to see if you are based in one of the Matchbook allowed countries. It’s worth finding a restricted countries checklist before sign up. Unfortunately, one of those restricted countries includes players from the US not allowed to join Matchbook.

Existing Customer Promotions

It’s not only new customers to Matchbook that can revel in the benefits of exclusive promotions and bonus codes. Current customers already signed up to Matchbook can also enjoy some fantastic existing customer promotions that offer free bets and bonus offers.

At the time of writing, Matchbook does not offer any promotions for existing customers on its betting exchange. However, the firm does have ongoing promotions that reward players with special offers, free bets, 0% commission on all sports, free spins on online slots, and a range of other benefits.

There is currently no loyalty program offered by Matchbook for existing customers. It will be worth keeping an eye on the promotions page if you do sign up to ensure you don’t miss out if they do introduce such a scheme.

Why Join Matchbook

Matchbook is a superb sports betting exchange to join. The Matchbook Insights section is one of the particularly unique features of the site. It is a section entirely dedicated to educating and assisting customers so that they can make the best-informed decisions when it comes to their sports betting.

Football tips, horse racing tips, NFL American football tips, the Exchange Education, and Matchbook podcasts all provide enough information and data to arm punters with the knowledge to help maximise their potential winnings.

The fact it’s a peer-to-peer betting exchange allows players to “back” and “lay” their bets on the various betting markets available. This can result in improved odds and better value for the sports betting punters when compared to traditional bookmakers online.

In addition to the peer-to-peer betting exchange, Matchbook also offers a brokerage service for large or bespoke trades that might not be instantly available on the betting exchange market. Eligible players will be set up with a specific channel to communicate with a broker who can discuss potential bets. This allows Matchbook to essentially still act as a bookmaker despite being a betting exchange.

A top-quality customer service team is also a huge positive of Matchbook. The live chat function is very helpful. There is the option to also email the customer support team via the email address of [email protected].

Matchbook’s approach to responsible gambling should also receive some attention. The net deposit limits allow players to set their own restrictions on how much they can deposit funds into their account each day and month. This can have a positive impact on loss limits. There is also a reality check function that allows players to set a timer for when Matchbook give a reality check notification. This can be every 5 minutes, 10 minutes, 30 minutes, 60 minutes etc. to ensure players don’t lose track of their time on the betting exchange.

Punters Lounge supports responsible gambling. For more information visit GamCareGamble Aware, and Gamblers Anonymous. Over 18’s only.

Steve Day is the Content Manager for Punters Lounge. His role includes organising the editorial content for the site, managing the sports sections of the forum, and posting up tips for a number of sports with a main focus on football. The knowledge base that he has built comes from writing content for a number of sites across the sports betting and online casino scene.

Welcome Back!

Login to your account below

Retrieve your password

Please enter your username or email address to reset your password.