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Best bet £10 get £40 betting offers for sport for December 2024

The bet £10 get £40 in free bets is one of the more common welcome bonuses on UK betting sites, so we’ve rated the best of the best of this type of offer

Chris Wilson
Monday 16 December 2024 11:31 EST
(iStock)

One of the most common promotions on betting sites is the bet £10 get £40 welcome offer, which can be used for wagering on football, horse racing and all manner of other events.

Several of the UK’s most trusted online bookmakers run this promotion, allowing customers to receive £40 in bet credits when they place a minimum qualifying bet of £10.

On this page you’ll find all the relevant information on these offers, from how they function to the terms and conditions, as well as a rundown of some of the best betting sites to choose and how to use your bonus.

To find out more about how we rate bookmakers and their offers and about gambling responsibly please scroll a little further down the page.

Best bet £10 get £40 welcome offers 

Bet £10 get £40 offers appear so often because they are more accessible and easy to understand for those who aren’t regular bettors.

The process is usually very straightforward – customers place a wager of £10 or more on a qualifying event (betting sites specify minimum odds and, occasionally, specific sports) and once the bet has been settled, they receive the credits into their account.

Some bookies define certain time periods, such as ‘within 48 hours of the qualifying bet being placed’ for the free bets to arrive in the account, and others will only deliver the credits once the qualifying bet has been settled.

These credits can often be used to bet on whatever a customer wants, although some betting sites have different terms on which markets or bet types the free bets can be used on.

The betting sites below offer marginally different terms on their ‘bet £10 get £40’ welcome offer, but rather than simply rank them, we’ve broken down a few different sites based on the sports they cater to best, the type of credits awarded and any extra rewards they offer, such as casino bonuses.

1. BetMGM: Bet 10 get 40 in free bets

With BetMGM, customers can find an array of markets, competitive odds, specials and promotions when using the sportsbook across a range of sports. It particulary stands out for football and horse racing, although you’ll find an impressive product wherever you choose to place your bet online on the sportsbook.

BetMGM’s bet 10 get 40 in free bets offer suits bettors that love wagering on horse racing and football. As BetMGM stands out for the quality of its Premier League betting site, it’s a great place for new users to start using their free bets.

To qualify for the BetMGM sign up offer, choose the sports welcome promotion and place a £10 bet on a selection with odds of evens or greater on any sport. Once your qualifying bet has settled, you’ll receive four £10 free bets to use on any sport.

2. SpreadEx: Bet £10 get £40 welcome offer

SpreadEx differs from the more ‘traditional’ betting sites by offering both fixed-odds betting and spread betting. Spread betting is a significantly different alternative to fixed-odds betting: for example, in racing, a typical spread market might be set at 50-25-10, awarding 50 points to the winner, 25 for second place, and 10 for third.

It also involves a ‘spread’ of two numbers on individual selections, with bettors predicting whether the outcome will be above or below this range. In a horse race, the spread for the favourite might be set at 16-19. Bettors can ‘Buy’ at 19 (higher) or ‘Sell’ at 16 (lower). A £10 buy bet at 19, with the favourite winning (50 points), yields £310 (50 - 19 x 10). Conversely, if unplaced, the loss is £190 (19 x 10).

This makes SpreadEx one of the more interesting bookies with a bet 10 get 40 offer, though given the potential for significant wins or losses – and the fact that punters can lose more than they put in – beginners should start with small stakes or avoid spread betting altogether.

Their bet 10 get 40 welcome offer incorporates both types of betting – customers must bet £10 on a fixed-odds market, and they’re rewarded with two free £10 fixed-odds bets and four £5 spread bets. They also throw in a £1 spread bet specifically for racing.

Another benefit of the SpreadEx offer is the free bets are valid for 28 days, rather than the standard 7-day period that other bookies offer. As well as being a good option for horse racing bets, SpreadEx is one of the best football betting sites for spread and fixed-odds markets.

3. Unibet: Money back up to £40 after first £10 bet

Unibet is another well-established online bookie, offering online casinos, bingo and online poker alongside sports betting. One of Unibet’s standout characteristics is its bet builder tool, which can be used on a variety of sports and offers greater flexibility than some bet builders.

Unibet’s bet £10 get £40 welcome offer differs from the other providers listed by splitting its bonus between the sportsbook and casino. Users need only use the Unibet sign up offer, deposit and bet £10 online on any sport with odds of evens or greater.

Once your qualifying wager settled, you’ll receive 2 x £10 free bets to use on a bet builder and accumulator within 24 hours and the next day a £20 casino bonus to use on Unibet’s slots and more.

Though the offer covers most markets, it is worth noting that it is not valid on Unibet’s horse racing betting site or greyhound racing. For bettors wishing to use their bet £10 get £40 bonus, Unibet is one of the best cricket betting sites on the market with an impressive range of markets and odds. There are always plenty of matches and competitions to consider, including the IPL.

Typical bet £10 get £40 terms and conditions

It is important to read the relevant terms and conditions before choosing which betting sites to use for a bet 10 get 40 offer.

There is often a fairly long list of terms related to the offer, covering anything from the valid deposit methods and markets to the types of market the free bets can be used on and their expiry date.

Potential customers are encouraged to read these terms carefully to ensure they fully understand how to qualify for the reward and what they’ll receive.

Typical T&Cs for new customers to look out for on gambling sites include:

  • Deposit method – not all payment types will qualify for the offer; many betting sites require customers to make an initial deposit via debit card. Even if an operator is listed among PayPal betting sites, deposits made using that method may not be eligible for the welcome bonus.
  • Device used – some bookies insist on the sign-up being done through mobile sites or betting apps.
  • Qualifying bet – your original wager will need to be placed at minimum odds. You may also be required to bet on a certain sport, or you may have to place a certain type of bet, such as an accumulator or bet builder.
  • Winnings cap – some bookies put a maximum limit on the amount that you can win from a free bet, so there may be no point in putting a bet on something at 50/1 for example. Note that these sort of caps are more common on new betting sites.
  • Expiry dates – many sites will only give you seven days to use the free bets from a bet 10 get 40 welcome offer, although some stretch this period to 28 days.
  • Wagering requirements – these are more typical for casino or slot sites, but some bookies do include them. As an example, if a free bet comes with 3x wagering requirements, it means you have to bet any winnings generated from the free bets three times over before you can withdraw any remaining winnings.

Remember to gamble responsibly

The most important thing to remember is to gamble responsibly. Betting is never a surefire way to make money, no matter your depth of knowledge on the subject or any tips you may see.

When making any bet, it is best to assume you will lose, and therefore customers should only bet what they can afford to lose. Betting can easily become addictive, so be sure to take precautions to remain in control of your budget and your time.

Safe betting sites will have deposit and loss limits, reality checks and self-exclusion, so you can set your account up to give more control to the time and money you spend gambling.

If you have concerns over your gambling, seek independent help. There are several UK charities and institutions that can offer you support, advice and relevant information, including:

We may earn commission from some of the links in this article, but we never allow this to influence our content. This revenue helps to fund journalism across The Independent.

We aim to offer every online gambler and reader of The Independent a safe and fair platform through unbiased reviews and offers from the UK’s best online gambling companies.

Gambling can be addictive, always play responsibly and only bet what you can afford to lose. Gambling sites have a number of tools to assist you to stay in control, including deposit limits and time outs. If you think you have a problem, advice and support is available for you now from BeGambleAware or Gamcare.

Any offers or odds listed in this article are correct at the time of publication but are subject to change. Terms & Conditions apply to all offers.

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