+£15
30 mins
Virgin Bet
Bet £10, Get £30 in Free Bets•30 mins
Bet £10, Get £30 in Free Bets
+£15What is Virgin Bet?
Virgin Bet launched in 2019, backed by the Virgin brand and licensed by the UK Gambling Commission.
They're an online-only bookmaker with no high street shops, so everything's done through the app or website.
Launched
2019
Google Play
4.3 (7k)
★★★★★★
Key Terms
Profit
+£15
Deposit£10 Virgin Bet + £90 Smarkets
Qualifying bet£10 at odds 1.50+
Deposit methodDebit card only
Free bet expiry7 days
Free bet creditedOn bet settlement
Qualification window14 days from registration
Step by Step Guide
Dan's overview
Optional·3 min read
Virgin Bet's welcome bonus earns you around £15 in locked-in profit (and possibly more). You put £10 into Virgin Bet and place one qualifying bet (costs roughly 25p-50p). They give you 2 × £10 free bets plus 2 × £5 bet builder free bets. The standard free bets convert to about £15 in real cash. The bet builders are yours to place on whatever you fancy. If they win, that's bonus profit on top.
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 bet.
It takes about 25 minutes of actual work, spread over a couple of days. Once Virgin Bet's done, your exchange balance is ready for the next offer.
When you place a bet on Virgin Bet, you also place an opposite bet on Smarkets to cancel it out. If Virgin Bet'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 Virgin Bet
10 mins
- Click the button below to go to Virgin Bet.
- 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 14 days of registering
Your qualifying bet earns you the free bets. By matching it on the exchange, you keep the loss tiny, typically 10–30p. In return, you get £30 worth of free bets to turn into real cash.
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 give you exact stakes and direct links to place both bets.
Find Your Qualifying Bet- We find odds that qualify, so you don't have to search
- Keeps your qualifying loss as small as possible
- You get exact stakes and direct links to place both bets
3
Turn your 2 × £10 free bets into cash
5 mins
Your free bets will be credited once your qualifying bet settles. Use within 7 days.
Turn Free Bets Into Cash- We find a live match that keeps as much of your free bet value as possible
- Won't exceed your Smarkets balance
- You get the exact stakes to place on both sides
You also have 2 x £5.00 bet builder free bets to convert before they expire – we'll walk you through those in the next step.
4
Use your bet builder free bets
5 mins
Use within 7 days of your qualifying bet settling.
You also have 2 × £5.00 bet builder free bets. Unlike your main free bets, these can't be matched for guaranteed cash, but they're completely free. If they win, it's bonus money on top of your £15.00 profit.
Your bet builder free bets can be used on any sport, so just pick an upcoming match that interests you.
- Open Virgin Bet, find an event, and tap Bet Builder. Add 2+ selections (e.g. both teams to score + over 2.5 goals). Combined odds need to be 2.00 or higher.
- On the bet slip, tap Use Free Bet to stake your £5.00 free bet instead of real cash. Repeat for each of your 2 free bets. If it wins, the cash goes straight to your balance.
5
Withdraw your funds
5 mins
Use within 7 days of your qualifying bet settling.
You also have 2 × £5.00 bet builder free bets. Unlike your main free bets, these can't be matched for guaranteed cash, but they're completely free. If they win, it's bonus money on top of your £15.00 profit.
- Open Virgin Bet, find an event, and tap Bet Builder. Add 2+ selections (e.g. both teams to score + over 2.5 goals). Combined odds need to be 2.00 or higher.
- On the bet slip, tap Use Free Bet to stake your £5.00 free bet instead of real cash. Repeat for each of your 2 free bets. If it wins, the cash goes straight to your balance.
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.
