A common Welcome offer if you are joining a betting site in the UK is one where you deposit, place a qualifying bet, and as a reward get a Free bet to try again. There are all sorts of variations on this and so in this article we will look at offers that require a £5 qualifying bet to get £20 in Free bets.
What Are Bet £5 Get £20 Offers?
As the name suggests these offers require a bet of £5 to be made, often above a minimum odds level and sometimes on a specific sport or event, but it is just as common to be able to bet on anything. The £20 offer is sometimes credited as a Free bet and sometimes as bonus money. As a rule the difference is that a Free bet must be placed for that amount (in this case £20), on one selection. If you are given £20 of bonus money then you can bet this as £20 on one thing, but you could also bet on two things for £10 each, or twenty different things for £1 each. Bonus cash is much more flexible than Free bets, but they are both types of sign up offer promotions.
Our Top 3 Bet £5 Get £20 Free Bet Offers
The number of Free bet offers on the market will constantly be changing, and although they will all be similar there will be slight differences in the T&C's. Taking that into account we list out top three "Bet £5 get £20" offers below.
Coral – GET A £20 FREE BET WHEN YOU BET £5
The Coral welcome offer is simple and easy to use, with 14 days given between registration and your first bet being settled. The minimum odds required are just 1/2 (Decimal 1.5) and you can bet on any sport.
18+ New UK+IRE Customers only. Certain deposit methods & bet types excl. Min first £/€5 bet within 14 days of account reg at min odds ½ to get 1x £/€20 free bet. Free bet available to use on selected sportsbook markets only. Free bet valid for 7 days, stake not returned.
✅ Pros:
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Low minimum odds required
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Can bet on any sport
UK players only - 18+ - BeGambleAware
Ladbrokes – £20 IN FREE BETS, KER-CHING. Bet £5 to claim yours
Bet just £5 at Ladbrokes on any sport at odds over 1/2 (Decimal 1.5) and as soon as the bet has been placed you will be given 4x £5 Free bets to use. The Free bets are valid for seven days and can be used on any sportsbook market.
18+ New UK + IRE Customers only. Certain deposit methods & bet types excl. Min first £/€5 bet within 14 days of account reg at min odds ½ to get 4x £/€5 free bets. Free bets available to use on selected sportsbook markets only. Free bets valid for 7 days, stake not returned. Restrictions + T&Cs apply.
✅ Pros:
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Four smaller £5 bets for flexibility.
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Free bets are credited instantly on bet placement.
UK players only - 18+ - BeGambleAware
Sky Bet – Bet £5 & get £20 in Free bets
New SkyBet customers can place a £5 bet at odds of evens or above (Decimal 2+) and then when it settles have £20 of bonus cash to use. This money is essentially Free bets, and you have the choice of betting £20 on one bet, or splitting it into multiple smaller bets. On your bet slip simply input your desired stake amount and click the little "gift box" icon next to it, and then your stake will come from your bonus cash.
New customers only. First single & E/W bet only. Odds of 1/1 or greater. 4 X £5 bet tokens. Free bet stakes not included in returns. Free bets exclude virtuals. Free bets are non withdrawable. No Free bet expiry. Eligibility restrictions apply. Further T&CS apply. 18+. BEGAMBLEAWARE.ORG
✅ Pros:
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Bonus cash provides maximum flexibility.
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Qualifying and Free bets can be used on Price boosts.
UK players only - 18+ - BeGambleAware
Bet £5 Get £20 Sign Up Bonus – How To Get It
Every bookmaker will have different processes to the next and so there is no universal "How to claim". However, even though they will vary slightly from bookmaker to bookmaker but they will all likely follow this general path".
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Register for a new account at the bookmaker.
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Deposit the required minimum amount using a valid payment method.
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Place a bet with a stake amount of £5
Betting Tips to Make the Most of Bet £5 Get £20 Offers
Once you have the Free bet credited to your account how you use it is up to you but there are a few things that you might want to bear in mind.
When you place the initial £5 bet it is always a good idea to look for value. If it can be used on any enhanced priced odds then do that, as long as this is still above the minimum odds required.
When it comes to using the Free bet, to get the most value out of it longer odds are better than shorter odds, and we will show you why below:
If you bet a £20 Free bet at odds of evens then in the long run you will win one then lose one, then win one, then lose one, etc, etc. So your results are +£20 then £0 (it was a Free bet), then +£20 then £0, etc, etc. On average over the long run your profit will be £10 for each time you bet, this is the "Expected Value" known as the EV.
To raise the EV you can simply bet at longer odds. Say you find odds of 10/1 then you place the £20 Free bet on this. Now what will happen is that you will have 10 losing bets returning nothing for everyone that wins, and that one will return £200 (£20 x 10). So now over the long run your average profit will be much more. Every eleven tries you should win £200 so that is an average (or an EV) of £18.11.
You have raised the value of the Free bet by just over £8 but the cost of this is the variance. You will lose and get nothing at all a lot more times than betting at evens. That is the trade-off which you face and the decision of exactly what bets to place and what odds to use are entirely up to you at the end of the day.
Frequently Asked Questions
How to Claim Bet £5 Get £20 Offer at a Bookmaker?
All offers will have slightly different ways to claim but as a rule you must deposit with an eligible payment method, place a bet of £5 or more at above the minimum odds level (over evens is usually fine), and when that bet settles the Free bet will be added to your account automatically.
Which Sites Offer Bet 5 Get 20 Free Bets?
The sites that offer "bet £5 get a £20 Free bet" can and do change all the time. At the time of writing some of the bookmakers who do are Coral, Ladbrokes, and Sky Bet.
Can I bet £5 to Get £20 on Any Sport?
Every offer will be different and have different T&C's but as a rule more often than not yes your £5 qualifying bet can be used on any sport.
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#ad / 18+. New customers only. Register with BETFRED50. Deposit £10+ via Debit Card and place first bet £10+ at Evens (2.0)+ on Sports within 7 days to get 3 x £10 in Sports Free Bets & 2 x £10 in Acca Free Bets within 10 hours of settlement. 7-day expiry. Eligibility & payment exclusions apply. T&Cs apply.
#ad / 18+. BeGambleAware.org. New GB customers only. Min £10 debit card deposit. Place a £10+ bet at Evens (2.0)+ on Sports within 7 days. Opt in for £20 in free bets and £20 Casino Bonus. Valid for 7 days. Geographical restrictions and T&C’s apply.
#ad / 18+. New Players Only. Free bet - one-time stake of £30, min odds 1.5, stake not returned. 1X wager the winnings. Wager from real balance first. Wager calculated on bonus bets only. Max conversion: £200. Valid for 7 Days from receipt. Limited to 1 sport & 5 casino brand/s within the network. Withdrawal requests void all active/pending bonuses. Excluded Skrill and Neteller deposits. Full Terms Apply.
#ad / 18+. New players only. Minimum £10 qualifying bets, stake not returned. Free bet terms: minimum odds of 1.5 and a £30 wager with no refund on the stake. Bets must be at evens or above (1/1). Bet the actual balance first. Maximum conversion: £200. Promotional value expires seven days after issuance. Withdrawal requests void any active bonus. Skrill payments are excluded. Full T&Cs apply. www.begambleaware.org
#ad / 18+. New bettors; Code SPORT; Wager deposit & bonus 8x; Max qualifying bet stake=initial bonus; Valid 60 days; Min odds, bet and payment method exclusions apply; Full T&Cs apply. www.begambleaware.org
#ad. Full T&Cs apply. New UK customers only. The qualifying bet must be a Single or Acca (2+ selections), start at £10, have 1.9+ odds, and be settled within 7 days of sign-up. 5 Free bets, min odds 2: 1 x £10 Pre-match Football (single); 1 x £10 Horse Racing (single); 3 x £10 Acca (min 2, 3, 4 selections). Max payout – £500. 7-day expiry. First deposit via banking app (Open banking). 18+. BeGambleAware.com
#ad / 18+. Stake £10+ on each of your 1st, 2nd and 3rd bets at minimum odds of 1.5 (1/2). For any of the qualifying bets settled as a loss, you'll receive a £10 free bet. Free bets will be valid for any 3+ leg multiple - minimum odds of 3.0 (2/1). We'll credit you with 20 free spins after two qualifying bets. Free spins for John Hunter and the Book of Tut Respin. Full T&Cs apply. www.begambleaware.org
UK players only - 18+ - BeGambleAware
18+. New customers only. Min. deposit £10. Qualifying odds 2.00 or higher. Singles and Straight accumulators eligible to quality. Max number of free bet tokens:1. Credited within 24 hours, valid for 14 days. Min. Odds Free bet token: 4/5(1.80). begambleaware.org and T&Cs apply.
#ad / 18+. Bet £10 & Get £30 in Free Bets for new customers at bet365.
Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply. Registration required. www.begambleaware.org
New Players Only. Free bet - one-time stake of £50, min odds 1.5, stake not returned. 1X wager the winnings. Wager from real balance first. Wager calculated on bonus bets only. Max conversion: £200. Valid for 7 Days from receipt. Limited to 1 sport & 5 casino brand/s within the network. Withdrawal requests void all active/pending bonuses. Excluded Skrill and Neteller deposits. Full Terms apply. 18+ | BeGambleAware | #Ad
New Players Only. Free bet - one-time stake of £30, min odds 1.5, stake not returned. 1X wager the winnings. Wager from real balance first. Wager calculated on bonus bets only. Max conversion: £200. Valid for 7 Days from receipt. Limited to 1 sport & 5 casino brand/s within the network. Withdrawal requests void all active/pending bonuses. Excluded Skrill and Neteller deposits. Full Terms Apply. 18+ | BeGambleAware | #Ad