Bet365 £100 Free Bet for New Customers – 2024

Bet365 sign up offer

Bet365 Sign-Up Offer Overview

Minimum deposit needed: £100


Offer description: Deposit £100, wager that once and receive a £100 free bet.

Exchange balance required: £400-£500 will be needed for the full amount (we recommend using Smarkets)

Free bet value: £100

Expected profit: £75.00

Remember to claim the offer after you sign up and before you deposit.

Disclaimer: UK only. Whilst we do our best to update instructions, it is your responsibility to check the terms and conditions for this offer on the bookmaker’s site to ensure you meet the requirements for receiving and using bonus funds. If you notice any changes to the Bet365 offer or terms, you can let us know in the comments section at the bottom of this page. 

Deposits made with Skrill or Neteller will be ineligible for this promotion.

We do not link to Bet365 directly because we do not believe in having any affiliation with, or tie to, bookmakers. Bookmaker affiliates profit from your losses and that is not what we’re here for.


Qualifying Bet

Minimum odds: 1.20

There is no minimum stake for the qualifying bets.

Open up the oddsmatcher and search for a suitable bet with odds of at least

Follow our recommended oddsmatcher instructions if you’re unsure what to do here.


Calculating the lay stake

Open up our calculator and input your stake, back odds, the lay odds on Smarkets, and the Smarkets commission of 2% (or 0% if you’re on a promotional deal).

Bet365 sign up offer qualifying bet calculation

The above calculator screenshot uses dummy odds for the purpose of the example. You will need to ensure you input the odds from Bet365 and the lay odds from Smarkets correctly. 

Your back stake is £100.

Your back odds is the price you took on Bet365 (minimum of 1.20).

Your lay odds is the lay price available on Smarkets (probably slightly higher than the back odds).

Follow the calculation and lay the recommended stake on Smarkets.

You’ll see the calculator say ‘At odds of Y you could lay £X.XX’.

Lay that figure using the blue ‘lay’ box next to your team on Smarkets.

Lay odds

The liability is the amount you need in your Smarkets balance.

You will lose a small amount in this qualifying bet.


Free Bet

Value: up to £100

Recommended odds: 4.5 to 6.5

Open up the oddsmatcher and find a suitable bet.

Bet365 sign up offer free bet calculation


Once your free bet has been credited, it’s time to earn your profit.

Load up the calculator to input your odds and calculate your lay stake.

Change the calculator’s bet type from ‘Normal’ to ‘Free Bet (SNR)’.

You’ll now be given the lay stake you need to lay on Smarkets and the amount of profit you will make.

Place your free bets on Bet365 and then lay using the calculator’s figure.

In the example, using odds of 5.8 on Bet365 and with lay odds of 6.3 on Smarkets, we make £74.90 profit.

Our liability is £405.08, meaning we need this much in our Smarkets account. If you choose lower lay odds, you’ll require a lower balance but will also be likely to make a smaller amount of profit.

You can split the use of the bet credits into more manageable chunks such as £50, £20 or even £10 bets if you do not have enough in your exchange to cover a bet this large. You are given 90 days to use your bet credits so time should not be an issue.

Subtracting the qualifying loss from the first bet, which was £4.06, we are left with £70.84 profit in the example.

Subtract your own qualifying loss from your free bet profit so you can track your overall profit from the offer.

Consider placing a mug bet before withdrawal if you win at the bookmaker.

Once you are done, you can move onto completing one of the next sign-up offers.


Information About Bet365

You can change the odds from fractional to decimal by selecting the drop-down menu just below your username and balance. The option is located shown below.

odds-type toggle for Bet365


Next: check out our other bookie sign-up offers.

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