We regularly test the latest UK betting site promotions, and the current Matchbook sign-up offer stands out to our team of betting experts. By using the Matchbook bonus code REBATE, new customers can claim a 10% rebate on exchange losses up to £1000. This rebate will be given back to you in free bets.
What we love about the Matchbook promo code offer is the fact that you also get to try out the core exchange. We see this as an excellent way to learn how exchange betting works while still being able to enjoy traditional weekend accumulators.
On this page, we will reveal exactly how to trigger the bonus, the rules you need to follow in order to fully receive the free bets and how our team uses the Matchbook betting app every week.
What is the Matchbook Promo Code?
The current Matchbook promo code is REBATE, and you need to make sure you enter this specific code when signing up to the betting site to unlock your in free bets.
You can receive this free bets by betting on the Exchange, and qualified customers will receive a 10% rebate on Overall Net Losses recorded 30 calendar days from Registration.
| Matchbook Bonus Amount | 10% Rebate on Losses Up to £1000 |
| Matchbook Promo Code | REBATE |
| Min Odds | 1/5 (1.20) |
| Min Wager | £1 |
| T&Cs | Read full T&Cs |
T&Cs: 18+. Sign up today with Bonus code ‘REBATE”. Qualified Users will receive a 10% rebate on Overall Net Losses recorded 30 calendar days from Registration. These losses are exclusive to Matchbook Exchange markets only. Losses on Multiples, Bet Builders, Casino or other products do not count and are excluded. Only T’s and C’s Apply. Gamble Aware.
- Well-designed mobile app
- Range of payment options available
How to Use the Matchbook Bonus Code
We completed the sign-up process on the Matchbook app last week, with registration only taking a few minutes. Follow our guide below to make sure that you sign up and secure your free bets correctly:
- Head to Matchbook: Visit the Matchbook betting site either via your desktop or via the mobile app, and hit the join button. You will be directed straight to the Matchbook sign up offer page by clicking the link we have provided.
- Enter your details: Fill out the registration form with your name, address and date of birth.
- Enter the bonus code: Then, you need to type REBATE into the promo code box. Our links will typically fill this in for you, but make sure to double-check before you head to the next step.
- Deposit funds: You then deposit some money into your new account using a debit card. Matchbook excludes Skrill, Neteller and Paysafecard from this promotion.
- Place your Exchange bet: Once the funds are in your account, you head over to the Matchbook Exchange, find a market and then place bets. You do this for the first 30 days after signing up. It should be noted that losses on Multiples, Bet Builders, Casino or other products do not count.
- Use your free bets: Once you have placed these bets and they have settled, Matchbook will add then work out the bonuses you receive. As an example: Over 30 days, you win £200 on some bets, but lose £300 on others. Your Net Loss = £100. The Rebate: They will give you 10% of that £100 back. You receive a £10 refund. These free bets will expire after 7 days.
Key Matchbook Sign Up Offer Terms & Conditions
Make sure to always read all the terms and conditions before depositing your money. This is something our experts make sure they do every time they use a sign up offer. We have revealed the crucial T&Cs of the Matchbook REBATE Bonus Code offer below:
- Eligibility: You must be 18+ and you have to be opening a brand new Matchbook account.
- Deposit Limits: You must use a debit card for your first deposit. E-wallets do not qualify.
- Qualifying Criteria: You have to place and settle qualifying bets on the Exchange for 30 days.
- Crediting Time: Once the first 30 day period has ended the next day users will receive free bets to use exclusively on Matchbook Exchange amount to 10% of overall Matchbook Exchange Market
- Expiry: You have 7 days to use your free bets before they are removed from your account by Matchbook.
- Well-designed mobile app
- Range of payment options available
How Does the Matchbook Sign Up Offer Compare?
I have accounts with dozens of UK bookmakers, including the best new betting sites, which helps give us a clear picture of market value. With Matchbook operating as an exchange, the dynamic does change slightly from traditional fixed-odds sportsbooks.
Have a look at how the REBATE Matchbook Bonus Codes compares alongside some of the other popular sign up offers and promotions we use:
| UK Betting Site | Current Welcome Offer | Promo Code |
| Matchbook | 10% on Losses up to £1000 | REBATE |
| Bet St George | Bet £20 get £20 free bet | B20G20afs |
| bet365 | Bet £10 get £30 free bets | MYBETCODE |
| Betfred | £50 in free bets when you bet £10 | WELCOME50 |
| Ladbrokes | £30 in free bets when you bet £5 on sports | N/A |
Betting Sites Sign Up Offers T&Cs
Matchbook: 18+. Sign up today with Bonus code ‘REBATE”. Qualified Users will receive a 10% rebate on Overall Net Losses recorded 30 calendar days from Registration. These losses are exclusive to Matchbook Exchange markets only. Losses on Multiples, Bet Builders, Casino or other products do not count and are excluded. Only T’s and C’s Apply. Gamble Aware.
Bet St George: T&Cs apply. 18+ New customers only. You must place a £20+ pre match single or multi bet. Min odds of 1/2 (1.50). Money back as £20 in free bets, 1 per account. Free bets credited by 12pm the day after your qualifying bet settles. Excludes specials, bet builders & cashed-out bets don’t count. Must use code B20G20afs when creating an account. GambleAware.org
bet365: 18+. Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply. Registration required.
Betfred: 18+. New customers only. Register, deposit with a Debit Card, and place a first bet of £10+ at Evens (2.0)+ on Sports, to be settled within 7 days, to get £30 in Sports Free Bets and £20 in Acca Free Bets within 24 hours of settlement. 7-day expiry. Eligibility & payment exclusions apply. Full T&Cs apply. GambleAware.org #AD
Ladbrokes: 18+ New UK+ROI Customers only. Certain deposit methods & bet types excluded. Min first £5 bet within 14 days of account registration at min odds 1/2 to get 6 x £5 free bets (selected sportsbook markets only, valid 7 days, stake not returned). Restrictions + T&Cs apply.
Matchbook requires you to place an initial bets on the Exchange for 30 days in order to receive any free bets. This sign up offer is a little bit more complicated than betting offers available from other betting sites, so if you want a more straightforward process, then Midnite’s sign up offer may be better suited.
However, the true value of the Matchbook offer lies in the platform itself after you have signed up. Once you finish using the welcome offer, the betting exchange often provides better underlying odds than a standard betting site, so getting to understand the Exchange over a 30 day period and being able to receive free bets after this period is really helpful.
If you want a traditional high-value sportsbook bonus, then Betfred’s offer may be another one which you would like to use as you get £50 in free bets when you bet £10. Despite this, the Matchbook bonus code remains our top pick for bettors transitioning to exchange betting
Our Matchbook betting app experience
We place bets every day across UK betting apps and rely heavily on them, so we can review our Matchbook app experience in comparison to other betting sites. The Matchbook app performs exceptionally well, especially considering the difficulty and complexity of running an exchange interface on a small screen.
When we placed our qualifying bets, the betting app separated the exchange and multiples sections clearly in the navigation bar at the bottom. We also never felt lost between backing a single selection and building our three-leg qualifying bet. The interface uses distinct colour coding, blue for back and pink for lay, which stops you from making expensive mistakes when betting in a hurry.
Speed also matters massively when we bet in-play on sports like football. When using Matchbook for in-play betting, we found that their odds refreshes happen almost instantly. You also bypass the heavy, slow-loading casino banners that clutter up competitors’ homepages, as Matchbook keeps the focus strictly on the sports markets for this.

About the Author – Luke Weaser-Seychell
I am a sports expert with over four years of experience writing on a range of sports. I provide carefully researched sports tips across a number of sports, ranging from football to racing. I have gained plenty of experience using all the different betting sites that you can see on MBS, so you can be sure of first-hand knowledge when reading our reviews of betting sites.
When not providing expert analysis on our site and looking out for the best new and existing customer offers, I enjoy touring the country watching Crystal Palace, and am looking forward to embarking on a European tour in the season ahead.
We aim to keep this page as up-to-date as possible, but if you notice any changes or would like to ask us a question, please contact us through our About Us page.
Matchbook Bonus Code FAQs
Yes, you will have to type the Matchbook bonus code REBATE into the promo code box when you register. If you skip this step then Matchbook will not give you the free bets, even if you meet all the deposit and betting criteria.
No, you have to use a debit card for your initial deposit in order to trigger the Matchbook sign up offer. Matchbook strictly excludes Skrill, Neteller and Paysafecard from the promotion.
When you add a selection to your betslip that matches the criteria for one of your free bets (for example, an Exchange single), a toggle switch appears on the screen. Tap this toggle to use your £10 free bet instead of your real cash balance.
Matchbook will pay your winnings as cash straight into your main balance, exactly like they would for a normal bet. You will then receive your free bets within 24 hours after the first 30 days of signing up.



