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.
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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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New 18+ UK customers only. 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). Free Bet stakes are not included in 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.
Every Free bet is valid for 7 days. Each bet can be used as a single bet on pre-match and In-Play markets. The Max payout is £500. The Free bet amount cannot be withdrawn. Cash Outs cannot be used on Free bets. The Free bet amount is not included in returns.
Only UK bettors over the age of 18 can claim the new customer offer. Not applicable on Trixie/Patent/Yankee. One Free bet per person is allowed. The maximum odds permitted with the Free bet are 100/1 single or combined. Customers who deposit using Neteller/Skrill do not qualify for this offer. Any returns from the Free bets will be paid back into your account minus the Free bet stake. Read the T&Cs for details.
UK players only - 18+ - BeGambleAware - T&C's Apply
New 18+ UK customers only. Promo code WELCOME40, deposit and place first bet of £10+ on Sports (cumulative Evens+) within 7 days of registration. £30 in Free Bets and £10 in Free Spins (50x20p) credited within 10 hours of bet settlement. Free Bet stakes not included in any returns and have 7-day expiry. Payment restrictions apply. SMS verification and/or Proof of I.D and address may be required. T&Cs apply.
18+. UK Customers (Excluding NI) only. Min £10 stake required for initial £5 free bet. Min odds ½. Max £25 in free bets. Subsequent free bets equal 50% average of each 3 £5 max qualifying bets. Make 13 settled bets to receive full £25 free bet. Qualifying bets must be made within 30 days of opening account. One free bet offer per customer, household or IP address. Free bets last 7 days. Full T&C's apply.
Only 18+ new users registered using the “MB20” bonus code are eligible. You must make a qualifying bet of 1.8 minimum odds within 14 days of registration to claim this new customer offer. The maximum refund is £20 as a Free bet, expiring after seven days. Deposits via paysafecard, Neteller, or Skrill are exempt. Matchbook’s general Terms and Conditions apply.
New customers only. Min £10 deposit and bet on odds 1/2 or greater required. Free bet and free spins issued within 24 hours of qualifying bet being settled. Free bet valid for 6 months, stake not returned. Free spins valid for 7 days, selected games only. UK only excl Northern Ireland. 18+ T&Cs apply.
Cashback is cash without restrictions. No Max cashout. Gambling can be addictive. Play responsibly. Full T&C's apply. 18+
The new customer offer. Minimum deposit: £15. Minimum wagering on sports to activate the Free bet token: £15. Void/cancelled or cashed-out bets do not count towards wagering to activate the Free bet. Customers who deposit using PayPal, Neteller, Paysafe, Skrill or Skrill 1-Tap will not be eligible. A further list of the types of play that are excluded from this promotion is included in the Bonus Policy.