The MagicRed Sign Up Offer Explained
The MagicRed sign up offer is a Bet £10, Get £10 welcome offer available to all new players.
Alongside the £10 free bet, newbies are also offered 10 free spins to use on the ever-popular “Book of Dead” slot.
MagicRed Sign-up Offer Terms & Conditions
The MagicRed new customer offer is, like any good welcome bonus, offered with a short list of important terms and conditions. We’ve gone through all the T&Cs to find the most important stipulations, which you can find them all bulleted below:
- The welcome bonus is only available to new customers that meet the following criteria:
- Deposit and place a minimum qualifying bet of £10 in the sports betting markets.
- The qualifying bet must meet the minimum odds of 2.0 (1/1).
- Early cash-out will disqualify the bet.
- Deposits made using PayPal, Neteller, Paysafe, Skrill or Skrill 1-Tap will not be eligible for any bonus bet offer.
- The MagicRed free bet will be automatically credited to the player’s account within 24 after the bet settlement.
- The £10 Free bet token must be used in full. The free bet bonus cannot be split and used on separate wagers.
- Additionally, the free bet token is subject to the following criteria:
- Must be used on a selection(s) with the minimum total odds of 1.80 (4/5).
- The Stake will not be included in any potential winnings.
- Any winnings will not be subject to any further wagering requirements and can be withdrawn.
- Must be used within 14 days to avoid forfeiting the welcome bonus.
- 10 free spins will be automatically available to use on “Book of Dead” only.
Additional terms and conditions apply.
Is there a MagicRed Promo Code?
The MagicRed promo code: COMMFREE must be used when creating an account to claim the welcome bonus.
Step By Step Guide on How to Claim the MagicRed Welcome Offer
To create a new account and claim the MagicRef welcome offer, use the step-by-step guide below.
1. Visit the MagicBet new player offer landing page
Click any of our on-page links to visit the MagicBet new player offer landing page. Carefully read the terms and conditions and select “Bet Now” to begin the account creation process.
2. Create a MagicBet bookmaker account
Start by entering your email address, creating a username, and setting a strong password to use for your MagicBet account. Continue to enter your details. MagicBet will request the following:
- Full name
- Gender
- Date of birth
- Currency
- Postal address
- Telephone number
When prompted, enter the MagicBet Bonus code: COMMFREE before continuing. New players may be required to verify their identity. Complete this by uploading the necessary documents via the dedicated MagicBet document uploader.
3. Deposit and place a £10 sports bet
Head over to the cashier and choose “deposit” to make that all-important initial deposit (minimum £10).
Please note that deposits made using PayPal, Neteller, Paysafe, Skrill or Skrill 1-Tap will not be eligible for the welcome offer at MagicRed.
Head to the sports markets and place a minimum £10 wager (minimum odds of 2.0 (1/1)). Once settled, the MagicBet free bet will be issued within 24 hours.
4. Use the MagicBet free bet
Once received, the MagicBet free bet must be used in full (£10) on any sports betting market (minimum total odds of 1.80 (4/5)).
The free bet stake will not be returned in any winnings. Additional terms and conditions apply.
MagicRed Sign Up Offer Pros
Pros of the MagicRed welcome offer include:
- Free bet automatically issued within 24 hours of the qualifying bet settling;
- No wagering requirements on the MagicRed free bet;
- 10 free spins to use on “Book of Dead”
MagicRed Sign Up Offer Cons
Cons of the MagicRed welcome bonus include:
- Deposits made using PayPal, Neteller, Paysafe, Skrill or Skrill 1-Tap will not be eligible for the welcome offer at MagicRed;
- No existing customer promotions or loyalty schemes after the welcome bonus.
MagicRed Existing Customer Promotions
Aside from the MagicRed sign up bonus, the betting site does not offer any existing customer promotions to players that have already created an account.
MagicRed Sportsbook Review
We know about the MagicRed new account offer, but what about the bookmaker itself – where did it come from and where is it going?
Founded in 2023, MagicRed is owned and operated out of Malta by AG Communications Limited. The brand owns several similar betting sites (including Neptune, Las Vegas Casino and Fever Slots).
Let’s take a closer look at MagicRed’s various features to find what distinguishes it from its sister sites and makes it worth signing up for.
MagicRed Mobile App
At the time of writing, MagicRed does not offer a mobile app for iOS or Android devices.
MagicRed User Experience & Interface
The user interface of the MagicRed sportsbook is basic and sometimes clumsy.
Once you’ve got the hang of where everything is (odds boosts, bet builders, etc.) it’s easy to use, but the bookie isn’t always as intuitive as you may hope.
The desktop browser follows the same pattern as the mobile browsers. There is no MagicRed app which reduces the functionality on mobile, but otherwise we have no complaints about the overall usability.
MagicRed Betting Markets
MagicRed betting markets offer a wide range of different sports with over 50 to choose from.
Select a sport from the main menu before narrowing down the search to find your favourite league, tournament or club. Find upcoming matches and events and select individual meetings to access the full sports markets.
Bettors can find odds boosts, cashouts and popular bets all from within the individual event pages.
MagicRed Horse Racing Offers
At the time of writing, MagicRed does not offer any horse racing offers.
MagicRed Football Betting Offers
At the time of writing, MagicRed does not offer any additional football betting offers.
MagicRed Live In-Play Betting
In-play is fantastic for giving bettors a taste of the action as it unfolds. With dynamic odds, fuelled by cash-out options, live betting has quickly become a favourite betting feature.
Access in-play betting from the MagicRed main menu. Find live football, tennis, basketball and much more available in the markets.
MagicRed Betting Accumulators
Add multiple bets to the betslip and choose “Acca” to build an accumulator bet at MagicRed.
Accumulators, or accas, are hugely popular in small-stakes football betting. Selection odds are multiplied together when added to the betslip. The only problem – all selections must settle as a win for a successful bet.
MagicRed Bet Builder
MagicRed offers a Bet Builder on individual events found within their sports betting markets.
Find the “Bet Builder” heading to begin. Add multiple selections (over/under 2.5 goals, both teams to score, number of corners, etc.) to create a fully customised wager.
Customer Service
Customer service is a real sticking point for the MagicRed bookmaker and there are minimal options available.
The help centre at MagicRed is primarily FAQ-based. Users can either search directly for a topic or browse the categories of the frequently asked questions at MagicRed.
If no answer can be found or a problem persists, contact can only be made via the contact form at MagicRed. There is no email address, telephone number, live chat or social media presence that can help.
MagicRed Payment Methods
A major selling point at MagicRed is the number of payment methods available. From PayPal and Skrill to MuchBetter and Trustly – you’ll find all your preferred payment solutions available at the bookmaker.
Depositing
To deposit at MagicRed, make your way over to the Cashier and select the “Deposit” option. Choose a banking solution from the list below:
Payment Method | Processing Time | Min Deposit | Max Deposit |
Visa/Mastercard | Instant | £10 | N/A |
Bank Transfer | Instant | £10 | N/A |
Trustly | Instant | £10 | N/A |
PayPal | Instant | £10 | N/A |
AstroPay | Instant | £10 | N/A |
MuchBetter | Instant | £10 | N/A |
Skrill | Instant | £10 | N/A |
Paysafecard | Instant | £10 | N/A |
Deposits made using PayPal, Neteller, Paysafe, Skrill or Skrill 1-Tap will not be eligible for the welcome offer at MagicRed.
Withdrawals
Withdrawals are easy to make at MagicRed and follow the same pattern as deposits. Pay a visit to the cashier and select “withdraw”. Choose from the following withdrawal methods:
Withdrawal Method | Processing Time | Min Withdrawal | Max Withdrawal |
Visa/Mastercard | 0-6 business days | £10 | N/A |
Bank Transfer | 2-6 business days | £10 | N/A |
Trustly | 0-4 business days | £10 | N/A |
PayPal | 0-2 business days | £10 | N/A |
AstroPay | 3 business days | £10 | N/A |
MuchBetter | 0-2 business days | £10 | N/A |
Skrill | 0-2 business days | £10 | N/A |
MagicRed enforces a minimum withdrawal of £10 or equivalent for all available banking solutions, but we could not find a maximum withdrawal limit.
MagicRed vs Other Bookmakers – Quality of Odds
Inspecting the odds quality, we manually compared a dozen random betting markets at MagicRed to five of the most popular sports betting sites in the UK. We found MagicRed to always offer similar odds and, on occasion, beat the big names in some markets.
Calculating the overround – noting any figure below 110% to constitute fair odds – we received readings of 106.84%, 107.70% and 108.00% from three upcoming football matches. This gives the average overround of 107.51% and positions MagicRed as a fair and competitive sports betting site for UK customers.
MagicRed Responsible Gambling Policy
Responsible gambling is imperative and something that MagicRed and the AG Communications team take very seriously.
Upon opening the responsible gambling page, bettors are immediately prompted to answer a short questionnaire to gauge their risk level for problem gambling. Additionally, the following responsible gambling tools are made available to every player at MagicRed:
- Personal limits – Control deposit and net deposit limits by deciding how much you are willing to spend on a daily, weekly or monthly basis.
- Time out – Take a break from the MagicRed sportsbook and casino for 24 hours, 1 week (7 days),1 month or 6 weeks.
- Self-exclusion – Take a break from the MagicRed sportsbook and casino for 6 months, 1 year, 2 years or 5 years.
- Reality Check – Receive an onscreen pop-up to remind yourself how long you have spent on the site in a single session. This is scheduled for a specified period (automatically set for 1 hour.
- Session Time Limits – Manage time spent gambling by setting a limit on the gameplay duration for each session.
- Autoplay Limits – Set autoplay win and loss limits to prevent excessive time spent in the autoplay games. This feature is primarily related to the MagicRed casino.
Further help and resources can be found in the responsible gaming section. Access the following for more information:
- Gambling Therapy Helpline
- Gamblers Anonymous
- Helping Hand/IGC
- GAMSTOP
Bottom Line – Our Team’s Takeaway
“Sure, there’s a £10 free bet available with the MagicRed joining offer, but there’s not much to see and do. There are no existing player promotions, loyalty schemes or additional benefits that you would expect from a UK bookie. There’s just too much quality competition to keep bettors in one place”.
“MagicRed very much follows the pattern of an AG Communications site. There’s a sports betting section on offer, but the brand is focused on the casino and live casino games. If you’re looking for a casino first and a sports betting site second, it may prove a good betting site, especially considering how competitive MagicRed’s odds are. If you’re after the best possible price on your wagers and also like to play online casino games, it’s certainly worth a look” – Steve Chambers, horse racing betting expert.