+£23
35 mins
BetMGM
Bet £10, Get £40 in Free Bets•35 mins
Bet £10, Get £40 in Free Bets
+£23What is BetMGM?
BetMGM launched in the UK in 2023, bringing the Las Vegas casino brand across the Atlantic. The UK site is operated by LeoVegas Gaming plc, which MGM Resorts acquired in 2022, and is fully regulated by the UK Gambling Commission.
BetMGM has no high street betting shops in the UK. We're using the website.
Launched
2023
Google Play
4.4 (5k)
★★★★★★
Key Terms
Your numbers
You make+£23
You need upfront£100
£10 BetMGM + £90 Smarkets
Not spent – it moves between your accounts and comes back when you finish
The rules
Qualifying bet£10 at odds 2.00+
Qualification window7 days from registration
Free bets creditedOn bet settlement
Free bets expire7 days
EligibilityNew customers only
Step by Step Guide
Dan's overview
Optional·3 min read
BetMGM's welcome bonus is worth around £23 on average. You put £10 into BetMGM and place one qualifying bet (costs roughly 25p to 50p). In return you get two £10 Sports Bets, which we lock in on the exchange for guaranteed cash, plus two £10 Bet Builder free bets that you place yourself. That average already blends the guaranteed cash with the typical value of the bet builders.
You need about £100 total across your accounts, but none of that money is spent. It just moves between your accounts to cover both sides of the qualifying bet.
It takes about 30 minutes of actual work, spread over a couple of days. Once BetMGM's done, your exchange balance is ready for the next offer.
Start here
Get Smarkets ready
Every matched betting offer uses the Smarkets betting exchange to lock in your profit. Set it up once and you're ready for all of them.
- Create a free Smarkets account. Skip if you've already got one.
- Deposit £90 – that covers the lay bets for this offer
Debit card deposits are instant and free. Apple Pay isn't supported.
When you place a bet on BetMGM, you also place an opposite bet on Smarkets to cancel it out. If BetMGM's bet wins, Smarkets needs to pay the difference, and the £90 is there to cover that worst case.
You won't lose this money. It just needs to be in your Smarkets account while the bet settles. After the match, the unused balance is yours again.
1
Sign up with BetMGM
10 mins
- Click the button below to go to BetMGM.
- Register an account. When prompted, choose the Sports Welcome Offer, then deposit £10.
- Switch to decimal odds: go to Settings and change Odds Format to Decimal.
2
Place your £10 qualifying bet
5 mins
Within 7 days of registering
This unlocks your free bet tokens. We'll match your bookmaker bet on the exchange so your qualifying loss stays small, usually 10-40p.
Use the finder below to get a low-loss match with the exact stakes for both bets.
3
Lock in your 2 × £10 Sports Bets
10 mins
Use them within 7 days.
Your free bets will be credited once your qualifying bet settles.
Once the Sports Bet tokens are visible in your BetMGM account, use the finder below before placing anything.
You also have 2 x £10.00 bet builder free bets to convert before they expire – we'll walk you through those in the next step.
4
Use your 2 × £10 Bet Builders
5 mins
Use within 7 days of your qualifying bet settling.
5
Withdraw your funds
5 mins
- Once all your free bet matches have finished, check your BetMGM account balance.
- Withdraw any remaining money in BetMGM to your bank account.
- Check your Smarkets balance. Move your BetMGM profit into Smarkets too. A bigger exchange balance lets you tackle higher-value offers next, some worth £30-50+ each.
- Don't close your BetMGM account. Bookmakers sometimes send existing customers extra free bet offers.
Offer Complete
Finished? Tick off each step above to view and track your total profit.
LeoVegas Gaming PLC is licensed and regulated in Great Britain by the Gambling Commission under account number 39198. 18+ only.
18+. Gambling can be addictive. If you feel you may have a problem, visit BeGambleAware.org. Matched betting involves placing bets with real money. While the mathematical approach minimises risk, losses can occur if instructions are not followed exactly.