Description
Register an account with Parimatch, opt into the promotion and deposit £10+. Place a £10+ bet on any sport, and you’ll receive £20 in free bets.
Parimatch are owned by the same company as BetVictor and talkSPORT BET. Some users have reported being able to do all three welcome offers, while others have been restricted to just one.
Key terms
- You must opt into the promotion.
- The minimum deposit is £10 and must be made via debit card or Apple Pay.
- Minimum stake of £10 on any sports market.
- Minimum odds of 2.00 (evens).
- Qualifying bet must be placed within 7 days of registering.
- Upon settlement, you’ll receive £15 in free bets as follows:
- 1 x £5 free bet on any sport (except horse racing).
- 1 x £5 free bet on a football ‘Bet Builder’ (4+ selections).
- 1 x £5 free bet on a double, treble or higher (except horse racing).
- 24 hours after your qualifying bet settles, you’ll receive a final £5 free bet to use on any sport (except horse racing).
- The free bets will be valid for 7 days.
- The free bet stakes will not be returned with any winnings.
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 bet.
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 Parimatch.
- Opt into the promotion.
- Deposit £10 using a debit card.
- Switch to decimal odds (the ‘Euro style odds’ setting).
Qualifying bet
- Check the back odds at Parimatch and the lay odds at Smarkets to find a suitable selection. Your qualifying bet must be placed on any sport at minimum odds of 2.00 (evens).
- Use the ‘Qualifying Bet‘ setting on the Matched Betting Calculator to calculate your lay stake.
- Place your £10 qualifying back bet at Parimatch (within 7 days of registering).
- Place your lay bet against the same selection at Smarkets.
Free bets
- Upon settlement of your qualifying bet, you’ll receive 3 x £5 free bets, with a final £5 free bet credited 24 hours later. The free bets are valid on any sport (except horse racing), a football ‘Bet Builder‘ (4+ selections), any double, treble or higher (except horse racing), and any sport (except horse racing).
- Check the back odds at Parimatch and the lay odds at Smarkets to find a suitable sports selection.
- Use the ‘Free Bet‘ setting on the Matched Betting Calculator to calculate your lay stake.
- Place your first £5 free back bet on sport at Parimatch (valid for 7 days).
- Place your lay bet against the same selection at Smarkets.
- Repeat steps 11-14 for your remaining 3 x £5 free bets, which must be placed on a football Bet Builder, any double, treble or higher and any sport.
As a rough guide, limit your qualifying loss to around £1. Aim for £8 cash (80%) from your 2 x £5 free sports bets, £3 cash (60%) from your £5 free football Bet Builder bet and £3.50 cash (70%) from your £5 free double or higher. Based on those figures, you should make a £13.50 profit on this Parimatch offer.
General advice and example for ‘Bet X, Get Y’ offers
Place your qualifying bets at low odds, ensuring you meet any minimum odds requirement. Use the ‘Qualifying Bet’ setting on the Matched Betting Calculator to calculate your lay stakes.
Once received, 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 ‘Bet X, Get Y‘ 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.
How to lay a Bet Builder
If you’re looking to lay a football Bet Builder, you’re in luck. All you need to do is add the right combination of selections, and you’ll be able to lay your Bet Builder in one bet at the betting exchange.
Bet Builders on other sports tend not to be as straightforward, and you may struggle to lay your bet. In that instance, and depending on the offer, you may want to treat it as advantage play.
See my Bet Builders guide for a walkthrough of your options.
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.
Got a question?
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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.