Matchbook
Bonus
Bet £50 get £50 in Free Bets
Overview
- Deposit Methods: Visa, Mastercard, ApplePay, GooglePay, Neteller and Skrill
- Minimum Deposit: £10
- Minimum Bet Stake: £0.01
- Maximum Welcome Bonus: £50
Matchbook Free Bet, Promotions and Offers
Matchbook is a UK online betting exchange platform. Players bet against fellow punters on a peer-to-peer platform. An exchange differs from a regular bookmaker, where players bet against the house (betting site).
Matchbook offers something slightly different to regular sports betting sites and has some excellent odds for regular players. In addition, the platform offers some great promos and fantastic odds. New players can sign up and claim the Matchbook free bet welcome offer of Bet £50 and Get £50 in free bets.
Find out what Matchbook UK offers for UK punters in this detailed review.
Matchbook free bet welcome offer terms and conditions – Any new players who complete the sign-up process are eligible for the welcome bonus.
Before you unlock the Bet 50 and Get 50 Matchbook new player offer, you must be aware of the following terms and qualifying rules.
- New customers only.
- Players must be 18 or over.
- Use the code GET50 during registration.
- Place and settle £50 in qualifying bets on Exchange markets.
- The qualifying bets must have minimum odds of evens.
- Players must bet on four different events.
- The £50 free bets are paid out in five £10 credits.
- Players can use 1x £10 bet on Premier League matches and 4x £10 bet credits on the betting exchange.
- Free bets expire within seven days and are non-withdrawable.
Matchbook Loyalty Offers, Promotions, and Bonuses
The free bet welcome bonus isn’t Matchbook’s only promotion for new and existing players. This UK betting exchange has plenty of ongoing offers across several sports.
New customers can choose from two alternative welcome offers if they don’t want to try the Bet 50 and Get 50 bonus. Instead, new UK players can use the Bet 30 and Get 30 offer. This is the same as the other welcome bonus, but players receive £10 free bet credits. The brand also has a specific horse racing offer of Bet £30 and get £30 in bet credits just for horse racing markets.
Be aware that these offers cannot be used at the same time as each other. Players must select their preferred sign-up bonus after joining Matchbook.
Another promo available for new players is the 0% commission for the first 110 days. Open an account, and you get to keep all of your winnings without paying any commission to the Matchbook exchange. After this promotional period ends, 2% applies to all of your winnings on the exchange.
Long-term players also get regular rewards for betting at Matchbook. The betting site provides a £5 free bet weekly to players who wager a minimum of £30 on multi-bets. Regular players can also utilise the Monday NFL promo and get a £5 bet builder every week. To qualify, place £10 on NFL from Thursday to Sunday in the previous week. Then you receive your free bet on the following Monday.
About Matchbook
Matchbook launched in the UK in 2004 and is one of the oldest exchange platforms in the UK.
It works as a betting exchange, offering peer-to-peer style bets on common markets. In 2011, Triplebet Ltd became the owner of the Matchbook platform.
Website Appearance and Interface
Matchbook’s website is modern, and the branding keeps in line with the white and red tones of the company logo. This translates nicely onto the desktop site, and the white background is sleek and makes everything easy to identify.
Like many modern UK betting sites, the most popular odds are displayed on the home screen. Here you are likely to see the latest Premier League, Championship and horse racing events for upcoming matches. This is a strong point as it saves scrolling through the menus to find popular picks.
However, there is a lot of information on the fringes of the homepage. At the top, you will see the options to toggle between the exchange, Matchbook Zero, Casino and Virtual betting options. Then on the side, more markets appear along with additional Matchbook services like their podcast, settings, live chat and more. At the bottom, you will find the T&Cs and more background info about Matchbook.
While you do get used to the layout eventually, it can be a bit overwhelming at first and takes a bit of playing around with to fully understand.
Screenshots
Betting Markets and Odds at Matchbook
Betting markets are where things get interesting on Matchbook and players have two options with variable odds and potential winnings.
First, the exchange is where players can either place a bet like a regular punter. Or they can “lay” a bet, similar to how a bookie would provide odds. Players can win on either side and build their winnings. Generally, this system creates better value for players, and this is evident in Matchbook’s industry-leading odds.
The exchange set-up is available for 14 different sports, including football and horse racing. Matchbook is also a specialist in American sports. Players who enjoy a punt on the NFL, NBA, NHL and MLB will find some great odds and markets for these leagues. But the depth of American sports isn’t great, as only the major competitions are covered.
Beyond the more popular events, Matchbook has exchange betting odds for tennis, snooker, darts, cricket, and rugby. It also has odds for the biggest combat events, like heavyweight boxing matches.
There’s plenty of variation on the betting exchange at Matchbook, but the company does take a 2% commission on players’ winnings. This is low compared to other betting exchanges, and players do not ever pay commission on losses.
Alternatively, the Matchbook Zero service offers 0% commission for football and horse racing bets. The catch is that you can only bet on common, single markets, like a race or match winner. However, the odds here are usually very good and offer excellent value for general and favourable match outcomes.
Live Streaming at Matchbook
UK players cannot live stream any sporting events via Matchbook currently. The in-play section has some decent live odds, still using the exchange style service. However, when it comes to presenting live action with visualisers, stats and commentary, Matchbook has little to offer.
Mobile Betting with Matchbook
Players can download the Matchbook app for iOS and Android devices. Head to the Mobile Applications page at the bottom of the homepage and follow the installation instructions.
Generally, the app works seamlessly and all the pages and toggles are laid out neatly. Players can shift between the exchange markets and other areas like Matchbook Zero quickly. Also, it is very easy to follow and place bets on the mobile app. It is actually less cluttered and more straightforward than the desktop platform.
The Matchbook online browser option is an alternative for UK players who don’t want to install the app. This site is similar to the desktop and has more or less the same layout and functionality, but it is more streamlined for mobile.
Cash-out with Matchbook
Players can use the cash-out feature at Matchbook to take a portion of their original bet slip winnings. The betting site doesn’t offer cash out for every sports market. However, the operator clearly labels where cash out is available with an icon. For further information, Matchbook has a handy guide on what cash out is and how to use it on their Insights blog.
Pros / Cons
- Nice welcome bonus - £50 in free bets
- Great for small stakes punters
- Excellent betting site - Online betting exchange and traditional betting
- Brilliant odd available on the betting exchange
- No live streaming currently
- Could have deeper betting markets
Licence, Security, and Customer Services
Matchbook is a reputable and trusted UK online betting site, with over two decades of experience in the gambling industry. It has a valid UK Gambling Commission betting licence and must adhere to safe gambling and fair play laws.
Players can use secure payment methods to transfer funds to the betting site. These include protected payment options like Visa, Mastercard, bank transfers and Neteller. In addition, all player’s data and personal information are protected by SSL encryption technology.
If you have a question about Matchbook or a concern about bets, bonuses, payments, or anything else, you can get in touch on several methods. The quickest option is via the online live chat function. Alternatively, you can email support@matchbook.com, or use the messaging function via Matchbook’s official X account page.
Pros and Cons
Matchbook offers an interesting take on modern betting with its peer-to-peer exchange set-up. It is focused on getting value out of popular bets, and this gives players some of the best industry odds available. However, like more traditional bookies, Matchbook has some great offers, including the £30 welcome bonus, horse racing promos and regular free bets.
While the exchange system is generally positive for good value single bets, it might not have the same appeal for players seeking big accumulators or bet builders. In addition, it takes time to get used to the somewhat confusing desktop site and the lack of live-streaming is a setback as many competitors offer these services.
Pros
- Great welcome offers.
- Very competitive odds on the exchange platform.
- Easy to install and use mobile app for Android and iOS.
Cons
- The website has a lot of features and takes time to get used to.
- No live-streaming and few in-play features.
- Little depth in the markets beyond popular sports.
FAQs
What is Matchbook exchange?
Matchbook exchange is where players can either place a bet against another player who is laying a bet. A player who is laying the bet essentially acts like a bookmaker and sets the odds for a match.
Who is Matchbook owned by?
Matchbook was taken over by the Triplebet Ltd company in 2011.
Is there a Matchbook app available?
The Matchbook app is available on Android and iOS devices. Players can access the exchange services, bonuses, and payments via the app.
How do I complete the Matchbook sign-up?
Go to the official site or app and click the Join Matchbook button. Enter your personal details and confirm your email to get started.