+£15
35 mins
BetMGM
Bet £10, Get £40 in Free Bets•35 mins
Bet £10, Get £40 in Free Bets
+£15What 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
Profit
+£15
Deposit£10 BetMGM + £90 Smarkets
Qualifying bet£10 at odds 2.00+
Free bet expiry7 days
Free bet creditedOn bet settlement
Qualification window7 days from registration
EligibilityNew customers only
Step by Step Guide
Dan's overview
Optional·3 min read
BetMGM's welcome bonus earns you around £15 in locked-in profit (and possibly more from the bet builders). You put £10 into BetMGM and place one qualifying bet (costs roughly 25-50p). In return you get two £10 Sports Bets (which we lock in for guaranteed profit) plus two £10 Bet Builder free bets (bonus money where you pick the selections yourself).
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.
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 £90.00 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
Place within 7 days of registering
Your qualifying bet earns you the free bet tokens. By matching it on the exchange, you keep the loss tiny, typically 25-50p. In return, you get four £10 free bet tokens: two Sports Bets and two Bet Builders.
Don't worry about finding the right match yourself. Tap 'Find my qualifying bet' below and we'll scan upcoming fixtures, do the maths, and tell you exactly which match to find and what stakes to place.
3
Lock in your 2 × £10 Sports Bets
10 mins
Your free bets will be credited once your qualifying bet settles. Use within 7 days.
BetMGM's two £10 Sports Bet tokens are standard free bets, so we can match them on the exchange to lock in guaranteed cash profit. Tap the button below and we'll find a football selection for each token, give you the exact stakes, and walk you through both sides.
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
Done? Tick off each step above to see your total.
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.
