Matchbook Bonus Code 2023: £20 Welcome Offer – Money Back as a Free bet if Your First Bet Loses.

Matchbook bonus code is now offering a £20 + 20 Free Spins Welcome Offer – Money Back as Cash if your First Bet Loses. Find out more in this review. Not only that but Matchbook is only one of the best bookmakers for football in the UK.

Matchbook bonus code December 2023

We have listed here the Matchbook welcome offers 2023.

• New Matchbook Welcome offer: £20 Welcome Offer – Money Back as Cash if your First Bet Loses as well as 20 Free Spins!
• Matchbook Welcome Offer still valid: 0% commission on all sports for the first 90 days (as opposed to regular 2%).
• Matchbook Casino Offer: 100% deposit bonus up to £100 and 100 free spins.
• Cheltenham Promo: +10% winnings on every horse race.

What is the Matchbook bonus code?

Promo code/bonus code is a combination of symbols, letters, words and numerals that may relate to the bonus offered and the bookmaker that is offering the promotion. As an example, a former Matchbook bonus code lets users match their deposit by 100% and up to £100.

New and existing players should always look at the official promotions tab to be up to date on any upcoming and ongoing promotions and possible Matchbook bonus code for various markets.

Win up to £20 in free bets

Sign up with Matchbook using a bonus code to win up to £20 in free bets and get 20 free spins. This offer is available to new customers who are 18+. Stake your first bet within 7 days of registration  to opt-in for this promotion. If it wins, then great! If it doesn't, you'll be awarded a free bet to have another try on the exchange market of your choice.

Cashed-out bets are ineligible for this offer. Any back-and-lay selections won't count towards the qualifying bets as well. Bets on multiples are excluded from this bonus as well. Additionally, the free bets you receive can't be used on multiple bets like doubles, trebles, lucky 15 bets, etc. as well. If you win via a free bet, the free bet stake won't be returned with the winnings. Full Matchbook T&Cs apply.

How to get the bonus with Matchbook bonus code?

Participating in the promotion and getting the bonus is very easy. If you have a Matchbook bonus code, you will have to enter it during the account registration. In some cases, the Matchbook bonus code will have to be entered in the Account menu after registration. The bonus will then be awarded when all requirements are met.

If the welcome offer is a deposit bonus, you will receive the bonus funds as soon as you make your first deposit. If the welcome offer is a free bet, you will receive the bonus funds as soon as you place your first bet. In some cases, there will be a straight-up bonus offer that will be given to players as soon as they log in to the account. These can be casino free spins or free cash that has to be used on sports betting.

Registration on the site:

1. Visit the official Matchbook site at https://www.matchbook.com/.
2. In the upper right corner of the screen, you’ll see the red JOIN MATCHBOOK button. Click on it.
3. A small registration window will appear with a few pieces of information needed to complete the registration.
4. Enter your account name, first and last name, password, phone number, email, town, country, postal code, address and security question.
5. There will be a special box reserved for you to apply a Matchbook bonus code. If you have one, enter the code before you finish the account creation.
6. Accept all Terms & Conditions and verify you are over 18.
7. Optionally, you may be asked for additional verification. In this case, you will have to send a picture of your ID, driver’s license or passport.

Account top-up:

1. Log in to your account.
2. In the upper corner of the screen press the Account menu.
3. Find the Deposit option and click on it.
4. Select the payment method and enter the amount of funds you wish to transfer.
5. Press Deposit when you’re finished and wait for few minutes for funds to settle to the account.

It is generally advised to always make deposits and withdrawals using the same payment methods. For example, if you have deposited with your credit card, you should always withdraw using a credit card as well. It is also important to remember that bonus offers usually don’t work if you deposit using one of the eWallet methods like Neteller, Skrill, PayPal, Paysafecard and others.

How to make your first bet?

After you have registered your account and been successful at applying a Matchbook bonus code, you are ready to make your first bet on markets of your choice. Here is the most important part. If the welcome offer is a deposit bonus, then you’ll be free to make bets on whatever sports and game you like. If the welcome offer is tied to a specific game, you will have to make your first bet on that game in order to receive the funds.

To make the first bet, log in to your account and go to the Matchbook home page. Select any sports market you like and look through the offers that will appear in the middle of the page. Find a game you like or feel confident about and add the bet you want. Alternatively, you can add it to your Betslip and place a bet later on. You can add multiple bets to your Betslip and make one mixed bet. When you’re done, add the amount of money you wish to bet and press Bet Now. Enjoy the games and wait for the results.

Reviewing top tips for beginners:

• Always check the welcome offer for any specific game or wagering requirements.
• Remember to use the bonus funds before they expire.
• Never chase the biggest odds, especially if you are unfamiliar with sports and betting rules.
• Go big or go home is never a sound motto for beginners.
• Read guides and tutorials on betting exchange, as it can be pretty daunting for newcomers.

Main things to avoid while making your first bet:

• Forgetting to read and fulfil welcome offer requirements.
• Spending all of your money on one bet.
• Betting on unknown sports just because odds are appealing.

Money withdrawal 

If you have a Matchbook bonus code and receive the welcome offer, you cannot withdraw these bonus funds. They have to be played on Matchbook sportsbook within a given time. However, all winnings from those bets can be withdrawn.

Steps to withdraw your money:

• Log in to your account.
• In the upper corner click on the Account menu.
• Check the Account Balance and make sure you are only withdrawing free funds. Those are the funds that have no requirements and are available for withdrawal or betting.
• Press on the Withdraw option in the Account menu.
• Select the payment method and enter the amount of money you wish to withdraw. Please note that there are certain daily or monthly limits on different payment methods. These can be seen on the official Matchbook platform.
• Wait for the third-party provider to process the funds.

Matchbook top features

Since we’ve now talked at length about the Matchbook bonus code and the current welcome offer, we’d like to move on to some other important details. Specifically, we’d like to focus on what separates Matchbook from other betting sites in the market. And all of that information is provided for you right here:

Enhanced specials

As you’ll see in the main sportsbook, Matchbook has a standalone section labelled as ‘enhanced specials’. This is where you will find exclusive bets that Matchbook has picked for the day. Since Matchbook selects these bets individually, you don’t have much wriggle room in terms of changing the wager. However, if you agree with the chosen bet and you believe it’s a good shot, you can benefit from some pretty awesome odds. Matchbook sometimes doubles the odds of the original bet too, which means double the possible returns!

Alternative sports

With Matchbook being a sports betting exchange, you’d assume that they only offer sports to wager on. However, this actually isn’t the case. Scroll through the sportsbook and you will see betting markets for things that are nothing to do with sports.

For example, Matchbook has a particular fondness for serving up betting markets for politics. And this is true for global politics, not just for UK-focused politics. So if you have a hunch about events that might be taking place in government, you can take a swing at these with ease. You can find pretty much every single competition from most sports on Matchbook.

Native app

There is no guarantee that you’ll always have your laptop or PC handy to bet on the desktop site. For that reason, it’s great to see that Matchbook has a native app for mobile punters to download. This app is available on both iOS and Android, and the app is pretty awesome we must say. It performs great, the whole sportsbook is available, and the special features are all supported too. And if you want to completely bypass the desktop site, you can sign up with the Matchbook bonus code on this app. The exact same welcome offer is available!

Insights

The insights section of Matchbook is definitely something that's worth looking at. The unique feature helps punters who might be struggling with what bets to put on what markets. This is done through betting predictions, sports news, and professional tips for upcoming sports events.

This section of Matchbook also includes discussion threads, where users can chime and chat with each other. You can even drop into a conversation, if you wish, to offer your opinion. Either way, this is a super unique feature that Matchbook offers that not every other bookmaker out there does. It's definitely worth checking out, that's for sure.

The odds

With Matchbook operating as a betting exchange, you’ll generally find that the odds are better than mainstream sportsbooks. This is true for all betting exchanges, including sites like Smarkets and Betfair. Sure, Matchbook still takes a cut of your winnings via commission, but the higher odds are well worth taking this small hit. And this is true for both back and lay bets, so you get to benefit from this regardless of your wagering activities.

Alternative bonus offer at Matchbook

Matchbook has more in store for its customers. From a casino bonus to other free bets available through the bookmaker.

Casino welcome bonus

Matchbook casino is one of the most trusted and reputable online casinos in the industry. With a wide variety of games to choose from and a user-friendly interface, it's no wonder why it's a favorite among players. And now, they're offering new players an even greater incentive to join their platform by providing a 100% Welcome Bonus of up to £100 + up to 25 free spins.

This bonus can be used on some of the best casino slot games available on Matchbook, allowing players to try out different games and increase their chances of winning. The bonus is available in three levels, depending on the amount you choose to buy in:

• Buy-in for £20, play with £40 + 5 free spins on Starburst
• Buy-in for £40, play with £80 + 10 free spins on Starburst
• Buy-in for £100, play with £200 + 25 free spins on Starburst

To participate in this promotion, customers must first sign up or login to their Matchbook account to receive the Matchbook sign up offer. Next, opt-in and buy-in a minimum of £20 and Matchbook will match it with a 100% Welcome Bonus up to £100. Finally, activate the bonus and play it on some of the best casino slot games. The promotion is only available to customers of Matchbook who are eligible to use Matchbook’s casino services available at matchbook.com and meet certain criteria including being 18 years or older and legally entitled to use Matchbook’s services.

Matchbook bonus code is not working. What to do?

Lag can sometimes be a big issue when using online betting platforms or apps. Due to this, codes may not work from time to time. In this case, it is best to wait a few moments before sending an inquiry to the customer service.

Steps for users to take if the code *cashxxx* still doesn’t work:

• Refresh the page and wait for few minutes for bonus funds to settle.
• Clear cache and cookies and log in to your account again.
• Screenshot or record your problem in any other way and message customer service.
• Wait for agents to look at your problem and allocate the bonus funds to your account.

What alternative welcome offers are available?

Of course there are other offers available for you out there other than Matchbook and here are just a few of them:

1. Coral

Coral offers a good Coral welcome bonus for all new players. Simply bet £5 on any sport, and Coral will instantly give you £20 in free bets. These will be divided into 4 x £5 and have to be used in full. Coral is known to give plenty of promotions to existing players, and at this time, they offer more than 15. The platform is very intuitive and responsive. The cons are a much lower welcome offer than competition, less than average betting margin and limited lines for big sporting events.

2. Unibet

The Unibet welcome bonus is pretty standard and straightforward. If you place your first bet up to £25, you will get your money back if the bet loses. Other promotions are decent, but very scattered across all Unibet platforms. The platform is functional and requires little practice. The cons of this bookmaker are unreliable Cash Out option, lack of help from customer service and some instances of winning players being restricted or limited.

3. Betfair

Betfair offers a special Betfair sign up offer for all new players. If you deposit £20, Betfair will double it and give you £40 to play with. Being the first bookmaker to offer the betting exchange, Betfair also rewards players with a £20 free bet for this section. If you do not win, the cash will be refunded. Sadly, other promotions are lacking when compared to the competition. The odds and prices are fair. The biggest downside to this bookmaker is the high commission which is 5%. Even more devastating is that the commission may rise to 60% if you win £250,000 or more in career winnings.

Matchbook bonus code validity: 31/12/2023

Published on November 10, 2023 , Updated November 10, 2023

Gavin Davison

Gavin is a full-time copywriter based in the UK and has developed in-depth knowledge of the igaming world by working in the betting industry for over five years. During this time, he has written thousands of articles covering various topics, including bookmaker reviews, ‘how to’ guides, bonus comparisons and much more.