This offer is pretty self explanatory from the name, you bet £10 of your own money and in return you are later given £40 worth of Free bet credit. The bookmakers that offer this change over time as they increase or decrease the size of their reward and we will look at and go into the details of what is available on the market today.
What Are Bet £10 Get £40 Offers?
You will be most likely to find bet £10 get £10 in Free bets offers when joining a new betting site as a welcome bonus. As the name suggests you simply have to deposit and bet £10 (or more) and then usually when the bet settles regardless of whether you won or lost you are given a further £40 of Free bets as a form of bonus.
Our Top 3 Bet £10 Get £40 Free Bet
The bookmakers which offer a £40 Free bet after your first bet of £10 will change constantly as offers come and go and are changed by the betting sites as the year goes on. Below we have listed the best that we know of at the time of writing.
Betfred – GET £40 IN BONUSES WHEN YOU STAKE £10
The Betfred bet £10 get £40 offer requires you to register using the promo code WELCOME40, deposit and place first bet of £10+ on Sports (cumulative Evens+) within 7 days of registration. You get £40 of bonus cash which is great for flexibility in that you can choose your own bet stakes, and they are deducted from this balance. With this offer there are some restrictions on how the bonus cash can be used though, £30 worth can be used in the sportsbook and £10 is for the casino.
New 18+ UK customers only. Register using the promo code WELCOME40, deposit and place first bet of £10+ on Sports (cumulative Evens+) within 7 days of registration. First bet must be on Sports. £30 in Free Bets and £10 in Free Spins (50x20p) credited within 10 hours of bet settlement. Free Bet stakes are not included in any returns. Bonuses have a 7-day expiry. Payment restrictions apply. SMS verification and/or Proof of I.D and address may be required. Full T&Cs apply.
Bonus funds can be used as any stake size
Casino winnings have no further wagering requirements
Parimatch – Parimatch £40 in bonuses when you bet £10 on Combat Sport
The Parimatch welcome offer is a little different to most because your initial bet must be placed on a "combat sport". This covers boxing, MMA, and UFC fights. The £40 of Free bets has some restrictions on it, with only £20 worth free to be placed on anything at all. £10 worth must be used on a double (min 2 legs) on any combat sports market, and the other £10 free bet on the exact method of victory in any combat sports market.
18+ Opt in, bet £10 on any combat sports market (odds 2.00+) & Get 4x£10 Free Bets for set sports markets. Offer valid from 10:00 UK time on 19.01.23 No cash out. Free Bets expire in 30 days. Card payments only. Click here for T&Cs.
A large % Free bet bonus for combat sports fans
Free bets are bonus cash so stake amounts are flexible
CopyBet – Each client of CopyBet can receive Free bets worth £40 to use on CopyBets sportsbook
The CopyBet offer is a large % bonus and has the flexibility of being able to use the Free bet on anything but make a note that the qualifying bet must be placed via a mobile device. Another quirk of this offer is that winnings from a Free bet are capped at £500 and although it is pretty unlikely you would hit that limit, it is something to beware of.
Large % Free bet bonus
Easy to qualify for
Bet £10 Get £40 Sign Up Bonus – How to Claim
Although every sign up bonus will have different T&C's when compared to the next there are some basic steps that they are all likely to follow:
Register for a new account at the relevant betting site
Deposit using a payment method that is not excluded
Place a qualifying bet that is on a valid sport and at above the minimum odds requirement
When that bet is settled place the Free bet(s) on valid betting markets
Terms & Conditions of Bet £10 and Get £40 Bet Credits
Every promotional offer will have different T&C's but some of the key factors to take into account would be:
Register using the promo code if relevant
Deposit at least the minimum amount required using a valid payment method
Do so within the time limit for taking part in the offer after registering an account
Place a bet of £10 or more on any qualifying Sportsbook markets
Make sure the bet is at above the minimum odds requirement
Betting Tips to Make the Most of Bet £10 Get £40 Offers
When taking part in a bet £10 get £40 offer there are a number of things that you should consider, to make the most of the opportunity.
Read the T&C's - Every offer is different and it is important to understand exactly what you have to do, BEFORE you start having to do it.
Join at the right time - Since there is a time limit often associated with using your Free bet (and making a qualifying bet) make sure there is a lot of action for your chosen betting sport in the near future, or you may find limited or even no betting opportunities when you need them.
Use value odds - By this we mean two things. Bet on things where the odds reflect the true probability of the outcome happening, and also use odds that are quite long, around 10/1 is best. Because with a Free bet you only keep the winnings, you want the winnings to be fairly large when they do happen. Betting at Evens (Decimal 2) with a £40 Free bet has an expected value (EV) of just £20 but raising the odds to 10/1 makes the EV move up to £36.36.
Frequently Asked Questions
There is no one way as every betting site has different systems in place when awarding bonuses but look out for bonus codes and add those where required, and also look in your account to see if anything needs to be claimed from there.
The most that we have ever seen is £60 but in theory there is no limit, it is at the discretion of the betting sites and the maximum amount available at any given time will be constantly changing.
Although every offer is different and will have specific T&C's as a general rule of thumb yes it would be common to be able to keep the money win from using a Free bet.
At the present time no, not that we know of.
Each offer will state what can be bet on, sometimes it is any sport but equally sometimes there are restrictions. Read the relevant T&C's to see what applies to the betting site you are joining.
We have listed the best that we know of in this article, scroll up to read all about it.