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Home / BetGoodwin Sign-Up Offer: 50% Back As Free Bet On First Day Losses (Up to £25)

BetGoodwin Sign-Up Offer: 50% Back As Free Bet On First Day Losses (Up to £25)

50% Back As Free Bet On First Day Losses (Up to £25)

Claim Offer

Offer valid for new Betgoodwin customers aged 18 years and over only. 50% of first day losses refunded as a free bet. Max free bet per customer £25. To activate your 50% back offer, simply deposit and have a minimum of 3 bets of £10 or more on separate events at odds of evens (2.0) or bigger on first day. First day losses equals all settled stakes less all returns. Free bets must be used in their entirety and stakes are deducted from returns. Free bets non withdrawable Free bets to be credited within 24 hours. This offer can not be used in conjunction with any other Betgoodwin promotion. Cashed out bets do not count towards this offer. This offer is limited to a free bet award per person/household/IP address. T&Cs apply. gambleaware.org

BetGoodwin is a new online sportsbook which launched in 2022 and BetGoodwin casino in December 2023. They have been in retail and telephone betting for 25 years and offer some of the most rewarding online sports betting promotions. This article will show you how to claim the new customer sign-up offer with BetGoodwin and look at some of their top features and promotions for existing customers. 

BetGoodwin Sign-Up Offer Explained

BetGoodwin are currently offering new customers the chance to get 50% Back As Free Bet On First Day Losses (Up to £25).

To claim this offer, you must be a new customer with BetGoodwin and never previously held an account with them. To activate your 50% back offer, simply deposit and have a minimum of 3 bets of £10 or more (or a maximum of five losing bets) on separate events at odds of evens (2.0) or bigger on first day. First day losses equals all settled stakes less all returns.

You do not need to enter a bonus code to claim this sign-up offer,

BetGoodwin Sign Up Offer Terms & Conditions

  • Offer valid for new Betgoodwin customers aged 18 years and over only.
  • 50% of first day losses refunded as a free bet.
  • Max free bet per customer £25.
  • To activate your 50% back offer, simply deposit and have a minimum of 3 bets of £10 or more on separate events at odds of evens (2.0) or bigger on first day.
  • First day losses equals all settled stakes less all returns.
  • The first day finishes at 23:59 on day of registration.
  • Free bets must be used in their entirety and stakes are deducted from returns.
  • Free bets non withdrawable
  • Free bets to be credited within 24 hours.
  • This offer can not be used in conjunction with any other Betgoodwin promotion.
  • If your free bet is subsequently voided it will be replaced within 24 hours.
  • Cashed out bets do not count towards this offer.
  • This offer is limited to a free bet award per person/household/IP address.
  • Betgoodwin reserves the right to withdraw or terminate this offer only once the full duration of the promotion has been completed.
  • Betgoodwin Terms and Conditions apply.

BetGoodwin Bonus Code: How To Claim The New Customer Offer

Time needed: 5 minutes

To claim this sign-up offer from BetGoodwin, follow the steps below: 

  1. Join BetGoodwin

    Visit www.betgoodwin.co.uk and click the join now button in the top right corner. You will be asked to fill out our personal and contact information to register your account.

     betgoodwin-sign-up

  2. Deposit £10

    Once you have completed your account registration, you can add a payment method and deposit £10, which you will use to place your qualifying bet. 

  3. Place your first bet

    When the funds are successfully added to your account, you can use this money to place your first betS of £10 x3 at odds of Evens (2.0) or greater to qualify for the new customer sign-up offer.

  4. Receive free bets

    You will usually have to wait until your qualifying bet has settled before the free bets are credited to your account. If they have not been credited within 24 hours of the bet being settled, now is the time to contact customer service. 

  5. Use the free bets

    Once the free bets have been credited, they will usually be valid for a specific time and on selections with certain minimum odds. Check out BetGoodwin’s free bet terms and conditions if you want to know more. 

    betgoodwin sports markets

Other Promotions by BetGoodwin

BetGoodwin is big on horse racing, and their additional promotions are currently focused on this specific sport. In particular, they offer a number of free bet offers that apply if your selection is beaten in a certain way.

The four options that are currently available will apply if your horse is:

Beaten by a nose

Beaten by an outsider at odds of 50/1 or longer

Beaten by under half a length in a chase

Horse falls at the last

In each case, up to £100 in free bet tokens are available if your selection fails to win. It’s recommended to check all terms and conditions in full, but there are some key points to keep in mind with these promotions.

The minimum stake is £10 win or £10 each way

The offers do not apply to ante-post markets

Free bet will be credited within 24 hours

Free bet credits must be used in their entirety

BetGoodwin Key Sportsbook Features

BetGoodwin has several features which make it a sportsbook to take notice of, not only for new customers but for existing ones too. We will touch on some of their top features below.

Horse Racing Promotions

BetGoodwin offers many horse racing promotions leading the way in the market. They provide free bets up to £100 if your selection fails to win in a specific way. Beaten by a nose, half a length or when falling at the last (when in front) are just some of the offers available – check out the promotions page for the complete list. 

In-Play Betting

BetGoodwin has an easy-to-use and constantly up-to-the-minute in-play service that is needed on any online sportsbook. Within their platform, you get access to live event stats which are useful for live betting. See the below live stats image from our account with BetGoodwin. In addition, they have a vast range of markets and competitive odds across many different sports. 

betgoodwin.co.uk in play features
betgoodwin.co.uk in play tennis betting

Mobile Betting

BetGoodwin has a mobile app which is as easy to use as the desktop version of the site. Access to the numerous markets and promotions at your fingertips is another reason to consider joining the sportsbook. 

Best Odds Guaranteed

A promotion which used to be a given across online sportsbooks is now becoming less available. However, BetGoodwin offers Best Odds Guaranteed on all UK and Irish horse racing and greyhound racing. Bets must be placed after 10am on the day of the race, and any benefit is capped at £1000 per bet. 

On Which Sports Can I Apply The Bonus Code?

You can bet on any sport with BetGoodwin to qualify for this offer as long as you meet the criteria set out in the terms and conditions. Your first bet must be a minimum of £10 at odds of Evens (2.0) or greater to qualify, but this can be on any sport you choose. 

BetGoodwin Horse Racing Betting

BetGoodwin offers some of the most generous horse racing promotions, including free bets up to £100 if your horse is beaten a nose in any UK or Irish race. There are also several other refund promotions similar to this on selected races. BetGoodwin do offer live streaming for US horse racing, as well as UK and Irish racing. 

BetGoodwin Horse Racing Key Events

There are some huge horse racing events over the year, and BetGoodwin have them all covered.

Cheltenham Festival

The most important National Hunt horse racing meeting is spread over four days in March every year. Seven races a day are mixed with Grade 1 action and competitive handicaps where the best horses meet. BetGoodwin has some excellent horse racing promotions, which are worth a look during this week. 

Grand National

The Grand National is the biggest horse racing betting event of the year at Aintree, where a maximum of 34 horses compete over an extended four-mile journey and some of the most testing fences around, including The Chair, Becher’s Brook and the Canal Turn. The race is part of a three-day festival in April. 

Royal Ascot

When it comes to flat racing, there is no better sight that Royal Ascot in June. Five days of quality action where horses from around the world meet at this iconic racecourse. 

BetGoodwin Horse Racing Markets

Win Single: This bet is placed on only one horse to win a specific race. 

Each-Way Single: This is another type of bet placed on one horse. However, the horse does not need to win to see a return. Place terms vary by race and bookmaker. 

Acca: Comprised of three or more selections – if one loses, then your whole bet is a loser, but if they all win, the payout can be massive. 

Yankee: This is four selected horses combined in eleven bets – six doubles, four trebles and one four-fold accumulator. Two winning selections are needed to provide a return on the bet. 

BetGoodwin Other Sports

Although BetGoodwin has an excellent range of horse racing promotions and markets, they also have several other sports to bet on. Below is the full list of sports you can bet on with BetGoodwin: 

  • Football 
  • American Football 
  • Basketball
  • Golf
  • Tennis
  • Table Tennis
  • Greyhounds 
  • Cricket
  • Boxing 
  • MMA
  • GAA Football and Hurling
  • Darts
  • Motor Sports
  • Alpine Skiing
  • Ski Jumping
  • Australian Rules
  • Rugby League
  • Rugby Union
  • Baseball
  • Biathlon
  • Cycling
  • Motor Sports
  • Snooker
  • Volleyball
  • Waterpolo
  • ESports
  • Ice Hockey

Comparing BetGoodwin to Other Bookmakers: A Side-by-Side Analysis

Pricing is key to a bookmaker’s success, so how does BetGoodwin compare to other outlets? We took a look at some big sporting events and considered the odds that this operator was supplying.

The first of these was a Champions League football match between Paris Saint-Germain and AC Milan. In the result betting, BetGoodwin were up with the best performing operators. For example, they were offering 29/10 on the draw, while the best industry odds were just a fraction longer at 3/1.

It was a similar story in other markets. BetGoodwin were quoting Even Money on Both Teams Not to Score, while the industry best was just higher at 23/20. We did find the highest industry odds on several players in the First Goalscorer betting. For example, BetGoodwin’s 40/1 on Milan Skriniar to find the net first could not be bettered.

The Cricket World Cup was being played at the same time, so we took a look at a group match between Australia and the Netherlands. In this instance, BetGoodwin were a little off the pace with the result betting. They had the Dutch at 8/1, while the industry best was 12/1.

There are fewer side markets for cricket on the BetGoodwin sportsbook, so we headed to the golf markets for the third option, and the Qatar Masters.

For this tournament, it was a similar situation to the first goalscorer betting in the PSG v Milan football match. BetGoodwin offered long odds and, in some cases, they were out on their own with the best prices. As an example, the 60/1 on Tom McKibbin to win couldn’t be bettered.

In summary, our research showed that BetGoodwin offer fair odds for the vast majority of sports, and that figure in the cricket match was an anomaly. For some markets, including side bets for football, customers may also find the best industry odds.

Which Payment Methods Can I Use To Deposit & Withdraw With BetGoodwin?

BetGoodwin only accepts deposits through the following debit card methods; Visa, Visa Debit, MasterCard, Visa Electron and Maestro. As with any online bookmaker regulated in the UK, you will not be able to deposit with a credit card. In addition, BetGoodwin do not currently support e-wallet payments such as Paypal. £10 is the minimum amount for both deposits and withdrawals. 

Is It Safe To Bet With BetGoodwin? 

BetGoodwin are based in the UK and are therefore governed by strict gambling regulations. As a result, you can bet with BetGoodwin safely, knowing your funds will be protected as the UK Gambling Commission licenses them. 

Our Expert’s Take

“BetGoodwin have come a long way as a sportsbook in a short period of time. They now offer a generous welcome deal, and their promotions in the horse racing markets are especially competitive. They could look to introduce more side markets for certain sports moving forward, but there is enough here to satisfy most bettors. Odds are fair, and I have been happy to play here and add this to my own list of sportsbooks.” Andrew Francis – Betting Expert.