How Does ‘Bet X Get Y’ Free Bet Offers Work?
Because we’re looking at the best UK betting sites, all the numbers we’re about to discuss relate to GBP. Therefore, if we’re being specific, we’re talking about bet £5 get £20 offers. Now that’s clear, let’s break down the basics of bet 5 get 20 free bet offers.
A bet 5 get 20 sign-up offer is technically known as a “bet X get Y” promotion. In other words, you bet a certain amount and get a free bet in return. Most online gambling bonuses work on a 1:1 ratio i.e. they’re cash matching betting deals.
For example, if a betting site gives new customers a 100% deposit match, it means the bonus equals 100% of the deposit’s value. So, if you claim one of these deals and deposit £100, you’d get a £100 bonus.
A bet 5 get 20 welcome offer works in a slightly different way. You still need to make an initial deposit/bet. However, the reward isn’t a direct equivalent i.e. it’s not a 1:1 ratio. In this context, it’s a 1:4 ratio. That means your bonus is four times the size of your transaction (5 X 4 = 20).
Breaking down a bet 5 bonus…
Let’s put this into a practical example:
- Check out our list of top-rated UK sports betting sites and choose Coral.
- Tap our secure registration link and create an account.
- Go to the cashier page and make a deposit.
- Go through the latest odds and find an eligible bet.
- Wager £5 and wait for the result.
Once the bet has been settled, you receive £20 worth of free bets (regardless of whether the initial wager is successful or not).
More offers with low or minimum deposit
The Bet X Get Y Bonus System
This bet X get Y system can be used in a variety of ways. For example, if you look through our list of recommended betting sites, you’ll see that BetVictor offers new customers a bet £5 get £10 welcome bonus, while Spreadex has gone for a bet £10 get £40 offer.
Any betting bonus that gives you more added value than what it costs to trigger the offer is great. However, in terms of the best input to value ratio, bet £5 get £20 offers are best. Why? Because the multiplier is 4X. That’s double what BetVictor offers.
What’s more, a bet 5 get 20 deal is better than a bet 10 get 40 offer because you’re risking less (£5 vs. £10). OK, so the value of your free bet is lower, but so is your initial outlay. This, in our opinion, makes a bet £5 get £20 more accessible to casual punters.
Which Bookies Offer Bet 5 get 20?
The bookies that offer bet 5 get 20 welcome bonuses are Coral and Ladbrokes. There might be more UK bookmakers that have these offers but, in our opinion, Coral and Ladbrokes are the ones worth using. Why? Because they’re not just great places to get bonuses.
Coral and Ladbrokes are two of the biggest brands in betting, which means they offer top odds, live streams, plenty of statistics, tips and in-app features. Basically, they offer a comprehensive sports betting experience and not just bet £5 get £20 bonuses.
Now we’ve cleared that up, here’s what each bookie has to offer…
How to Claim the Coral Bet 5 Get 20 Offer
You can get the Coral welcome bonus by following these steps:
- Tap here to read our Coral review.
- Use the safe registration link in the review to activate your sign-up offer.
- Complete the registration process and verify your Coral account.
- Go to the cashier, choose a payment method and deposit at least £5.
- Make a qualifying bet within 14 days of creating an account.
- You’ll receive your £20 bonus once your wager has been settled.
That’s how to get the bet £5 get £20 welcome offer at Coral. For this promotion, a qualifying bet is defined as:
“Bet of £5 or more with fractional odds of at least 1/2”
The odds for a single bet need to be 1/2 or greater. Only the win part of each-way bets is counted and, therefore, must be 1/2 or greater. For accumulator bets, each pick must have odds of 1/2 or greater and the wager’s total value must be at least £5.
What Do You Get?
Unlike Ladbrokes’ welcome offer that splits your £20 bonus up into four equal-sized bets, Coral credits your bonus as one lump sum. Put simply, you get one free bet worth £20. The wagering requirements attached to this promotion are:
- Deposits made via Prepaid Cards, Moneybookers, Apple Pay, PayPal, Paysafe, Neteller or Skrill will exclude you from the welcome bonus.
- You must use your free bets within seven days.
- If you wager less than the value of your free bet (£20), any remaining credit will be forfeited.
- You can use your free bet on any sport.
- You can use your bonus for win or each-way bets within the following categories: singles, doubles, trebles, accumulators, forecasts and combinations.
- You can’t use your bonus for football jackpot bets, tote bets, special combination/multiple bets such as Lucky 15s.
- Bonus winnings are paid out in cash but your stake (i.e. the free bet) isn’t returned.
How to Claim the Ladbrokes Bet 5 Get 20 Offer
You can get the Ladbrokes welcome bonus by following these steps:
- Tap here to read our Ladbrokes review.
- Use the secure sign-up link within our review to activate the welcome bonus.
- Complete the registration process and verify your account.
- Go to the cashier page and deposit £5 or more.
- Make a qualifying bet within 14 days of creating an account.
- Wait for your bet to be settled to receive your £20 bonus.
That’s how to get the Ladbrokes bet £5 get £20 sign-up bonus. One thing to note is that a qualifying bet is defined as:
“A single or accumulator bet of £5 or more with fractional odds of 1/2 or greater”
So, if it’s a single bet, the odds need to be 1/2 or greater. For each-way bets, only the win part is counted and, therefore, must be 1/2 or greater. Finally, for accumulator bets, each selection must have odds of 1/2 or greater and the wager’s total value must be £5 or more.
What Do You Get?
OK, so we know you get £20 in free bets when you wager £5 as a new customer. There are, of course, some nuances to this deal. Here are the important wagering requirements:
- The bonus won’t be triggered if you make an initial deposit using Prepaid Cards, Moneybookers, Apple Pay, PayPal, Paysafe, Neteller or Skrill.
- Your £20 bonus is credited to your account as four free bets worth £5 each.
- You must use your free bets within seven days of receiving them.
- Each £5 free bet must be wagered in full on the following sports: Football, Horse Racing, Greyhound Racing, Tennis, Basketball, American Football, Boxing, Rugby Union, Rugby League, UFC, Cricket, Table Tennis, Darts, Golf, Snooker, Esports, Ice Hockey, Volleyball, Beach Volleyball, Gaelic Football, Pool, Specials.
- You must use your free bets on separate sports i.e. you need to wager the bonus credits on four different sports.
- You can’t use your free bets for tote and pools.
- All winning bonus bets are paid out in cash but your stake (i.e. the free bet) isn’t returned.
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