Description
Register an account with Hollywoodbets and place a £10+ bet on any sport as your first, second and third bet. Hollywoodbets will give you a £10 free bet for each bet that loses.
Key terms
- Available to new players who reside in the UK.
- A minimum deposit of £10 is required via VISA/Mastercard.
- Minimum stake of £10 as your first, second and third bets within 3 days of registration.
- All qualifying bets must be placed on different events.
- Minimum odds of 1.50 (1/2).
- You’ll receive a £10 free bet for each bet that loses.
- The free bets will be valid on multiples with 3+ legs.
- Minimum odds of 1.40 (2/5) per leg and cumulative odds of 3.00 (2/1).
- You’ll receive 20 free spins (10p each) upon settlement of your second qualifying bet.
- The free spins will be valid on John Hunter and the Book of Tut Respin.
- The free bets and free spins will be valid for 3 days.
- The free bet stakes will not be returned with any winnings.
- Winnings from the free spins will not be subject to any wagering requirements.
Always check the terms of an offer yourself before placing any bets. Bookmakers can amend their terms at any time, so it’s always worth double-checking.
Account setup
- Sign up for a Smarkets account if you haven’t already. You’ll need this to match your bookmaker bets.
MBB Special: £50 Amazon GIFT CARDS
Every signup via the link below will be entered into a free prize draw to win one of four £50 Amazon gift cards. Winners will be drawn 1st August 2024. T&Cs apply.
Matched Betting Blog receives a small commission when you sign up to Smarkets via the link above. It helps support the site and keeps it free for everyone to learn matched betting.
- Register an account with Hollywoodbets.
- Deposit £10 using a VISA/Mastercard debit card.
- Switch to decimal odds.
1st qualifying bet
- Check the back odds at Hollywoodbets and the lay odds at Smarkets to find a suitable selection. Look for odds around 5.00 (4/1) and above, as high odds should give you more profit than low odds.
- Use the ‘Money Back if Bet Loses‘ setting on the Matched Betting Calculator to calculate your lay stake. You can enter £7 as your ‘Cashback‘ figure as that’s the amount you can expect to convert your £10 free bet into (70%), should your first qualifying bet lose.
- Place your first £10 qualifying back bet at Hollywoodbets (within 3 days of registering).
- Place your lay bet against the same selection at Smarkets.
2nd qualifying bet
- Repeat steps 5-8 for your second qualifying bet.
3rd qualifying bet
- Repeat steps 5-8 for your third qualifying bet.
Free bet(s)
- If your three qualifying bets win, you’ll make your profit at Hollywoodbets, and you won’t need to place any further bets. You’ll receive a £10 free bet for each qualifying bet settled as lost.
- Any free bets must be placed on a multiple with 3+ selections and minimum cumulative odds of 3.00 (2/1). Each selection must have minimum odds of 1.40 (2/5). Check the back odds at Hollywoodbets and the lay odds at Smarkets to find suitable selections.
- Use the ‘Free Bet‘ setting on the Matched Betting Calculator to calculate your lay stake(s).
- Place your £10 free back bet(s) at Hollywoodbets (valid for 3 days).
- Place your lay bet(s) against the same multiple(s) at Smarkets.
Free spins
- Your 20 free spins will be credited upon settlement of your second qualifying bet. They will be valid on John Hunter and the Book of Tut Respin for 3 days. Any winnings from the free spins will not be subject to wagering requirements and can be withdrawn at your discretion.
Aim for around £5 profit on your three bets as a rough guide. That gives you a £15 overall profit on this Hollywoodbets offer.
General advice and example for ‘Money back if bet loses’ offers
Place your ‘Money back if bet loses’ bets at high odds to maximise your profits. Use the ‘Money Back if Bet Loses’ setting on the Matched Betting Calculator to calculate your lay stakes. In the ‘Cashback’ field, you should enter the amount of your cash refund or the amount you expect to convert if the bookmaker pays your refund as a free bet or bonus.
You can convert any free bets or bonuses into cash. Use the ‘Free Bet’ setting on the Matched Betting Calculator to calculate your lay stakes. It’s best to place free bets at high odds to maximise your profits.
See my Money back if bet loses guide for a complete walkthrough of this offer type.
How to lay a multiple bet
Your best option is to lay your multiple at Smarkets, as their platform allows you to build any multiple and lay it as one bet. Therefore, you can place your multiple bet at the bookmaker and then build and lay the same multiple at Smarkets.
See my ‘Laying Multiples‘ guide for a complete walkthrough.
Learn matched betting the free, easy way.
The Matched Betting Academy
- Logically structured to tackle strategies and offers as you’re ready for them.
- Bag profits every step of the way. About £600 from welcome offers, and another £500 monthly.
- Make £15 from your very first offer.
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £85,000 worth of profit, and made it my mission to make matched betting accessible to everyone.