The Matchbook £500 cashback offer is easy to understand. Just open an account with the exchange and begin backing and laying. Each £5 of commission you pay will earn a £5 refund and you can claim up to £500 cashback in total.
New to Matched Betting? Would you like to make up to £500 every month tax-free? Visit our homepage to learn more or read All About Matched Betting.
The Matchbook free bet offer gives you an added incentive when trading on sports markets. As betting exchanges are part and parcel of matched betting, this promotion is ideal for using alongside the tried and tested method of making money online and can be worth as much as £500 in tax-free profit.
Although credit cards are permitted, we advise using a debit card to qualify for this offer to avoid picking up any additional charges. Deposits made via e wallets or pre-paid cards will not be eligible for the free bet offer.
You will have five weeks from opening your account to claim the maximum £500 cashback. For the avoidance of doubt, bets must be placed and settle within this timeframe to qualify for the offer.
The cashback is paid in £5 increments until you have reached the maximum £500 award or the promotional period has ended. Only when you have paid £5 in commission, will a £5 rebate be awarded. All cash will be credited within 24 hours of the qualifying criteria being met.
Matchbook is a betting exchange which allows you to take on the role of the bookmaker and accept bets at odds of your choosing. You’ll be betting against other punters which gives you the opportunity to bet at extremely competitive prices. In short, there is more value to be had than betting with a traditional bookie.
Betting exchanges make money by charging a percentage of commission on winnings. Matchbook offers a standard rate of just 1.5% when you accept a match and 0.75% if you post a bet which is subsequently matched. These competitive rates make Matchbook a popular choice for matched betting which involves regular activity on the exchange to lock-in guaranteed profits.