+£10
35 mins
NetBet
Bet £10, Get £20 in Free Bets•35 mins
Bet £10, Get £20 in Free Bets
+£10What is NetBet?
NetBet's been around since 2001. They're operated by NetBet Enterprises Limited out of Malta and fully licensed by the UK Gambling Commission.
They're online-only with no physical shops, so everything happens through their website or app.
Key Terms
Profit
+£10
Deposit£10 NetBet + £20 Smarkets
Qualifying bet£10 at odds 2.00+
Deposit methodDebit card only
Free bet expiry7 days
Free bet creditedOn bet settlement
Qualification window7 days from registration
Step by Step Guide
Dan's overview
Optional·3 min read
NetBet's welcome bonus earns you an estimated £10. You put £10 into NetBet and place one qualifying bet (costs roughly 25–50p). They give you 4 × £5 free bets split across a football bet builder, a football accumulator, a horse racing accumulator, and a tennis in-play bet.
You need about £30 total across your accounts, but none of that money is spent. It just moves between your accounts to cover the qualifying bet.
It takes about 30 minutes of actual work, spread over a couple of days. Unlike most bookmaker welcome offers, these free bets can't be matched on an exchange, so the profit shown is an estimate of typical returns rather than locked-in cash.
When you place a bet on NetBet, you also place an opposite bet on Smarkets to cancel it out. If NetBet's bet wins, Smarkets needs to pay the difference, and the £20.00 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 NetBet
10 mins
- Click the button below to go to NetBet.
- Register an account and deposit £10 using a debit card. Any other deposit method won't qualify.
- 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 bets. By matching it on the exchange, you keep the loss tiny, typically 25–50p. In return, you get 4 × £5 free bets spread across football, horse racing, and tennis markets.
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
Use your 4 × £5 free bets
15 mins
Use within 7 days of your qualifying bet settling.
4
Withdraw your funds
5 mins
- Once all your free bets have settled, check your NetBet account balance.
- Withdraw any remaining money in NetBet to your bank account.
- Check your Smarkets balance. Move any NetBet winnings into Smarkets too. A bigger exchange balance lets you tackle higher-value offers next, some worth £30–50+ each.
- Don't close your NetBet 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.
