Last Updated on 02/04/2026 by Andy Clark
Matchbook are a betting exchange – which means you bet against other punters rather than against the bookmaker. The result is consistently better odds than you will find at traditional bookmakers, with Matchbook taking a small commission on winnings rather than building a margin into every price.
New customers can claim £30 in free bets by signing up with promo code NEW30, depositing and placing two qualifying bets of £10 each.
Claim the Matchbook Sign-Up Offer →
How to Claim the Matchbook Sign-Up Offer
- Click the link on this page to go to Matchbook
- Register your new account and enter promo code NEW30 when prompted
- Make a deposit (minimum £20, debit card only – Skrill, Neteller and PaySafe are excluded)
- Place and settle a £10 bet on the Matchbook Exchange at minimum odds of 2.0
- Place and settle a £10 Bet Builder or Multiple at minimum odds of 3.0 with at least 3 selections
- Receive your three £10 free bets within 72 hours of your qualifying bets settling
Your £30 comes as three separate tokens:
- £10 Exchange free bet
- £10 Multiples free bet
- £10 Bet Builder free bet
Matchbook 0% Commission Offer – Code COMMFREE110
Alongside the free bet sign-up offer, Matchbook also run a 0% commission for 110 days promotion. Sign up using code COMMFREE110 instead of NEW30, and you pay zero commission on all sports for your first 110 days as a customer.
On a standard exchange account, Matchbook charge approximately 1% commission on net winnings from each bet. For regular bettors placing volume, this adds up. The 0% commission offer saves that cost entirely for over three months.
Which offer is better for you?
If you bet regularly and place decent-sized stakes, the 0% commission offer is likely worth more than £30 in free bets over 110 days. If you are a casual punter or want free bets to try the exchange without risk, take the NEW30 offer.
You cannot claim both – choose one code when registering.
What Is Matchbook? How a Betting Exchange Works
Matchbook is a peer-to-peer betting exchange, not a traditional bookmaker. Understanding the difference is key to getting the most out of your account.
Traditional bookmaker: The bookmaker sets the odds and you bet against them. The bookmaker builds a profit margin (overround) into every price – typically 5-10% per market.
Betting exchange: You bet against other punters. One customer backs an outcome, another lays it (bets against it). Matchbook matches these bets and takes a small commission (around 1%) on net winnings. Because there is no overround, the odds are consistently better than traditional bookmakers.
Example:
Arsenal to beat Wolves on a Saturday afternoon:
| Bookmaker | Matchbook exchange |
|---|---|
| 8/11 (1.73) | 1.80-1.85 |
That difference is small on a single bet. Over a season of regular betting it is significant.
What Can You Bet on at Matchbook?
Matchbook covers all the major sports with a particular strength in football and horse racing – the two most popular betting markets in the UK.
Football – Premier League, Championship, Champions League, Europa League, La Liga, Serie A, Bundesliga, Ligue 1 and more. Both exchange and sportsbook markets available.
Horse racing – full UK and Irish racing coverage on the exchange. Matchbook is particularly strong for horse racing liquidity, meaning you can usually get your full stake matched at a good price even on mid-sized races.
American sports – NFL, NBA, MLB and NHL. Matchbook has strong American sports roots and maintains deep markets on US events.
Other sports – tennis, cricket, golf, rugby union, rugby league, MMA and more.
Bet Builder – Matchbook’s Bet Builder allows you to combine multiple selections within a single football match, similar to bet builders at traditional bookmakers. Your qualifying bet for the sign-up offer must include a Bet Builder or Multiple at minimum odds of 3.0 with at least 3 selections.
Why Use a Betting Exchange?
If you have only ever bet with traditional bookmakers, switching some of your betting to an exchange offers three main advantages.
Better odds. No bookmaker margin means the prices on offer are consistently higher. Even small differences in odds compound significantly over a season of betting.
Lay betting. On an exchange, you can lay outcomes (bet against them happening) as well as back them. This is not possible at traditional bookmakers and opens up a range of betting strategies.
No restrictions. Traditional bookmakers regularly limit or restrict winning accounts. Exchanges do not – they make their money from commission regardless of whether you win or lose, so winning customers are not penalised.
Price transparency. The exchange shows you exactly what odds are available and how much money is in the market at each price. You can see the full depth of the market rather than just the price a bookmaker is showing.
Matchbook Sign-Up Offer Key Terms
- New players only
- Promo code NEW30 must be entered at registration
- Minimum deposit applies
- Qualifying bets: 1x £10 Exchange bet at odds of 2.0+, 1x £10 Bet Builder or Multiple at odds of 3.0+ with minimum 3 selections
- Free bets credited within 72 hours of qualifying bets settling
- Free bets paid as three separate £10 tokens (Exchange, Multiples, Bet Builder)
- First deposit by Skrill, Neteller or PaySafe card will not qualify
- 18+ only. T&Cs apply
Claim the Matchbook Sign-Up Offer – Code NEW30 →
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