One of the best welcome offers available online for punters is the bet £5 get £20 in free bets. There are some bookmakers that use this promotion as a way of attracting new customers and we will explore the best betting sites running this fantastic promotion.

All Bookies
  • 1
    Parimatch Free Bet
    Wager £5, Get a £20 Aviator Bonus
    No Code Needed Copied!
    Parimatch PROMO CODE
    Expires: No Expiry
    CLAIM BONUSVISIT BOOKIESEE OFFER

    18+ Opt in and wager £5 on selected games within 15 days. Get a £20 Aviator Bonus, 40x wagering, to redeem max £500. Bonus expire in 30 days. Full T&Cs apply. Bet Responsibly. GambleAware.org #ad

  • 2
    Ladbrokes Free Bet
    Sports: Bet £5 Get £20 in Free Bets
    No Code Needed Copied!
    Ladbrokes PROMO CODE
    Expires: 01 January 2025 - 00:59
    CLAIM BONUSVISIT BOOKIESEE OFFER

    18+ New UK+IRE Customers only. Certain deposit methods & bet types excl. Min first £5 bet within 14 days of account reg at min odds 1/2 to get 4x £5 free bets. Free bets available to use on selected sportsbook markets only. Free bets valid for 7 days, stake not returned. Restrictions + T&Cs apply. Full T&Cs apply. Bet Responsibly. GambleAware.org #ad

  • 3
    Parimatch Free Bet
    Casino – Wager £5 & Get £20 on Book of Dead + 10 Free Spins
    No Code Needed Copied!
    Parimatch PROMO CODE
    Expires: No Expiry
    CLAIM BONUSVISIT BOOKIESEE OFFER

    18+. New customers only. Opt in and wager £5 within 7 days of registration. Get a £20 in Slots Bonus for Book of Dead, 40x wagering, 30 days expiry & 10 Free Spins on Eye of Horus Megaways, 7 day expiry. Max. redeemable £500. Selected payments only. Full T&Cs apply. Bet Responsibly. GambleAware.org #ad

  • 4
    Coral Free Bet
    Sports: Bet £5 Get £20 Free Bet
    No Code Needed Copied!
    Coral PROMO CODE
    Expires: No Expiry
    CLAIM BONUSVISIT BOOKIESEE OFFER

    18+ New UK+IRE Customers only. Certain deposit methods & bet types excl. Min first £5 bet within 14 days of account reg at min odds 1/2 to get 1x £20 free bet. Free bet available to use on selected sportsbook markets only. Free bet valid for 7 days, stake not returned. Restrictions + Full T&Cs apply. Bet Responsibly. GambleAware.org #ad

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While there are many forms of promotions designed to entice new bettors, the Bet £5 get £20 promotion is one of the most generous ones. With this offer, newcomers are rewarded with £20 once a new account has been opened and following an initial deposit of, at least, £5. Commonly, a qualifying bet of the same amount must have also been placed.

Other similar welcome offers include the less lucrative Bet £10 Get £20 welcome offer, as well as the Bet £10 Get £30 promotion, both still being pretty good deals. We’ll go into more details about the odds and ends of the welcome bonus down below.

How Do Bet 5 Get 20 Bonus Offers Work?

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    The first step to claiming this bonus is actually creating an account. We have a list of our favourite sites to do so down below.

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    The registration is quick and easy. Betting companies will ask you for some personal and financial information however, the sites we suggest are all regulated and completely safe to do so.

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    Some bookies may require a Promo Code to activate the offer, and all you need to do is apply the code which will be clearly indicated on the offer page.

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    Once your registration is complete, you can make your deposit. Ensure that you deposit at least £5 to be eligible for the offer.

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    Most betting operators allow for many different types of payment, however, be sure that the payment method you choose to use is eligible for the promotion, as this varies between sites. In a lot of cases e-wallets, prepaid cards and other methods will not activate the bonus. You will be able to find out which payment methods are eligible in the terms and conditions of the bookmaker’s bonus.

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    Once you have done that, it’s time to place your first bet. Each betting site has different terms and conditions to the offer, so be sure to check these before placing your bet. A few typical conditions include betting at odd of at least 1/2, or betting on a specific sport.

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    The £20 are then given as free bets, either when the bet is made or settled, depending on the bookie. The £20 is often given in instalments of 4x £5 or 2x £10 free bets, but can sometimes be 1x £20 free bet. Either way, as this is a 400% bonus, you will be getting 4x your investment back.

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    The free bets can then be used on any sport bet you wish, unless specified by the bookmaker.

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    In some cases, there may be win limits applicable, but these are usually the same as the site’s general maximum payouts, which should be stated on the bookmaker’s regular terms and conditions page.

Triggering any welcome bonus, not just the bet £5, get £20 offer, is always a very simple process, so there is nothing for you to worry about. All you need to do is finding a bookie that is currently running a bet 5 get 20 sign-up offer and complete the registration process. Below, we have outlined how to do exactly that.

  1. Once you have found your bet £5, get £20 betting site, simply head over to their web page and click on the ‘Join’ button, which can also be labelled ‘Sign Up’ or ‘Register’.

  2. Doing the above will lead you to the registration process, which will begin by asking for your personal information. Again, don’t worry, these sites are regulated and perfectly safe. Information required will be your name and address, email address, mobile number, date of birth, etc.

  3. It is quite likely that once you have entered all the required information, you will need to verify your account by responding to a confirmation email that will have been sent to you, so check your inbox for that.

  4. Some betting sites may require further verification such as proof of address and age, which can be achieved through the uploading of certain documents.

  5. As soon as your account is up and running – which is normally instantly – you will be able to activate the welcome bonus.

  6. Firstly, read the terms and conditions of the offer thoroughly, as failing to do so could stop you from getting your bonus. Look specifically for the sports that you can bet on, minimum odds, minimum stakes (in this case £5) and the appropriate payment methods for depositing.

  7. In almost all cases, debit cards such as VISA and Mastercard are applicable, making them the safest option.

  8. Now, make a deposit of at least £5, which can be more, making sure you are funding your new betting account with the correct banking method.

  9. Next, place your qualifying £5 wager with the necessary minimum betting odds on any of the stated sports, which can, in some cases, be limited to just one.

  10. That’s it! Your £20 in free bets will be automatically added to your account. In some cases, this can be as soon as you have placed you first bet, while other times you may receive your free bets in instalments, beginning no more than 48 days after your qualifying wager has been settled.

When looking for the best low deposit betting sites, there are a few things to be aware of, given that these 5 deposit betting sites all differ in their terms and conditions. Each of our recommended bookies do, however, have its benefits, leading us to believe that the following have the best bet 5 get 20 sign-up offers online.

1. Coral – Generous Qualifying Odds On Offer

screenshot of coral bet 5 get 20 offer
(Source: Coral)

One of the best things about the Coral bet £5, get £20 welcome bonus is that the free bet is paid out in one instalment. This allows you to get a chance to kick off your new betting account with a serious cash injection.

The qualifying Bet needs to be a sports bet staked at a minimum of £5 win or £5 each way, at odds of at least 1/2. You can even place a single line accumulator bet worth at least £5, where each individual selection must be worth odds of 1/2 or more.

You don’t even need to wait for the initial bet to be settled , given that the £20 free bet will be credited instantly to your account as soon as you have placed your initial qualifying bet. You will have seven days to use your free bet, which can be placed on any sport. Your free bet needs to be wagered in full but is not valid on tote , combination or multiple bets such as Lucky 15s.

Pros:
  • Good welcome offer
  • Free to play games
  • Daily offers and promotions
Cons:
  • Odds could have better prices

2. Ladbrokes – Specialists in Free Bets

screenshot of ladbrokes bet 5 get 20 offer
(Source: Ladbrokes)

Ladbrokes were founded back in 1886, so have been in operation for well over a century and are a well-established UK household name. While they still have more than 3,500 high street betting shops, they also boast a pretty impressive online betting service too. Furthermore, through Ladbrokes’ Grid scheme, you are able to combine the high street experience with your online account.

As for the sign up bonus, the £20 in free bets is awarded in four parts, each worth £5. These will be placed in your account immediately after you have placed your qualifying bet of just £5. These free bets must be wagered in full within seven days and can be used on any of the most mainstream sports betting markets, from Football, Horse Racing or Greyhound Racing to Tennis, Basketball or Cricket. They cannot, however, be used on any tote & pools bets.

The cool thing about this offer is that you get four chances to win well, and you have a choice in what you are betting on, as there are no restrictions regarding the betting markets. This is a good thing, considering that Ladbrokes has well over 50 sports to take a punt on.

Pros:
  • Regular free bets
  • Wide array of betting markets
  • Daily free spinner giveaways
Cons:
  • No VIP scheme

3. Parimatch – Earn Up to 210 Spins with a £5 Bet

parimatch book of dead offer screenshot
(Source: Parimatch)

For casino enthusiasts, the online betting site Parimatch has prepared a lofty bet £5, get £20 casino welcome bonus. In addition to a £20 slots bonus for an all-time fan-favourite slot Book of Dead, users also get 10 free spins on the Eye of Horus Megaways™ slot. Say you go for a minimum bet of £0.10. That's 200 free spins on Book of Dead just from the bonus funds, plus another 10 free spins on the Eye of Horus Megaways™, boasting a max win multiplier of 10,000x.

For the bonus to be awarded, all you need to do is opt-in, deposit via debit card, and wager at least £5 on select slots within 7 days of registering. However, the bonus and free spins will expire if not used within 30 days and 7 days of being credited, respectively. Whilst there is no wagering requirement on the free spins, there is a 40x wagering requirement on the Book of Dead bonus.

Pros:
  • Easy to earn free bets
  • Bonus credited for high RTP slots
  • Both bonus funds and free spins paid
Cons:
  • High 40x wagering requirement
  • Casino bonus applies to a single slot only

As good as they undoubtedly are, bet £5 get £20 offers will always come with certain terms and conditions attached. While these differ between bookmakers – and you must always check with the betting site in question – there are some general things you should be aware of. Below, we have listed some industry standard terms and conditions that you may come across when you deposit £5 to get £20 in free bets.

Expiration Dates

All betting promotions come with expiry dates. With bet 5 get 20 sign up offers, there can be a limited amount of time between signing up and activating the bonus.

However, even after triggering the welcome bonus, there will be a time limit on how much time you have to use your free bet or bets. Typically, this can range from anywhere between seven days and six months.

Qualifying Odds

Every one of these type of offers require punters to place a £5 bet in order to activate the bonus. What you need to do with each offer is read the terms and conditions of the deal, as the bet you need to make will have a minimum odds requirement to receive the bonus. This is usually around the Evens mark, otherwise displayed as 1/1.

Betting Markets

Not every free bet gained from these promotions can be used on all the betting markets available at a bookmaker’s website. For example, there might be restrictions on betting accas, placepots, combination bets, etc.

Sports Restrictions

Some free bets can only be used on certain sports, while others can be used on any sport. These will be stated on the betting site in question. Also, in some cases, the qualifying bet that triggers the bonus can only be placed on a particular sport.

Payment Options

It is also important to remember that many bet £5, get £20 promotions come with payment clauses that you need to stick to, otherwise the betting site will not honour the welcome offer. While debit cards such as VISA and mastercard are always acceptable ways to make a qualifying deposit, often e-wallets like PayPal, Skrill or Neteller deposits will not be eligible for the bonus. The same is true with bank transfers, Apple Pay, Monzo, Prepaid Cards, Moneybookers and Paysafe.

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    Risk Free Wagering: Ok, so there’s no such thing as risk free betting, but with free bets you are placing wagers without the worry of losing your own money. This means you can try out betting markets that you might not normally consider.

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    Have More Fun: Playing with free bets can enhance your experience when watching sporting events, as you have an investment in the outcome without putting up any financial risk of your own.

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    Improved Value: With free bets, you can go for longer odds than you usually would, which can significantly increase your pay out and the value of your betting bankroll.

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    Try Out New Betting Strategies: Some bettors like to use their free bets to explore new betting strategies and you can do the same. If you are considering a new and alternative betting type or market, you can use your free bet to test this new strategy in a no-cost environment.

How To Choose The Best Bet 5 Get 20 Betting Sites

  1. Security and Security: Make sure that the bookmaker you decide upon employs the latest encryption and secure software to protect your sensitive personal and financial data. Check for SSL encryption and any other stated security measures. Also, ensure that the bookmaker holds a valid gambling licence from a reputable regulator such as the UK Gambling Commission, Malta Gaming Authority or Gibraltar Gambling Commission. A licensed bookmaker is guaranteed to operate fairly and transparently. We only ever recommend bookies that are fully licensed and regulated, meaning you can trust them as a safe place to bet.

  2. Markets and Odds: It is important that you pick an online bookmaker that offers a wide variety sports betting markets. The best betting sites will always offer a wide selection of sporting events to wager on, as well as pre-match and in-play betting options. Bet builders, as well as full and partial cash out capabilities, are other popular features at today’s bookmakers. Also, remember to compare the odds on offer at the betting site against its competitors. After all, the better the odds, the bigger the payout.

  3. Bonuses, Promotions and Payments: Weigh up the betting site’s welcome bonus, regular promotions and any other ongoing offers. We have already discussed free bets as a welcome bonus, but these freebies can be awarded in other ways too. Some bookies run free bet clubs where you can earn rewards. Also, see which betting sites offer acca insurance, acca boosts, best odds guaranteed promotions, etc. Just remember to be mindful of all the terms and conditions, which can include wagering requirements and expiry dates. Remember to note all the available deposit and withdrawal methods, given that not all of these will unlock the bonus. Pick a betting site that supports your preferred payment options and watch out for any associated fees.

  4. Mobile Betting: Choose a bookmaker that offers a good mobile experience. For obvious reasons, a good and easy to use native mobile betting app is preferred, but a site that converts effortlessly to mobile will work too. Mobile compatibility is important for convenience when betting on the move.

  5. Customer Support: Look for a betting platform that offers excellent customer support options. Ideally, you will want to settle on a betting site that offers round the clock live chat, email and phone customer support services.

Once you have unlocked your welcome bonus you will want to make the most out of it. To that end, here are some top tips for getting the maximum out of your £20 worth of free bets.

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Back at High Odds

Ideally, you will want to place your free bet on a selection that has high odds. This is because the stake portion of the free bet, the part that the bookie put in for, is not being returned. This allows you to generate a bigger profit.

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Lay Your Free Bet

Free bets can be used with some matched betting techniques, allowing you to minimise your risk. Matched betting is where you back the different potential outcomes of an event. What you want to find here is an event where the back and lay odds are as close as possible. Or you could use your free bet on a high priced underdog before finding another bookie that has the best price on the favourite to even out the payouts.

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Opt For Accas

Accumulator bets are a nice way of building up the potential payout by placing a number of different outcomes into a single bet. One example is to pick five football matches that have low odds on the favourite, to accumulate a better payout should all your selections pay off. Of course, not all free bets can be used on an acca, so check it first.

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Stick to the Sports You Know

When betting, it’s important that you are knowledgeable about the sport you are putting your money on. The same is true even if it isn’t your money, as you are still looking to turn a profit and fill your account with as much cash as possible. You might be new to some sports and expert at others, so it’s best to stick with what you know or at least see what the tipsters are saying.

OperatorQualifying OddsExpiry DateFree Bet ExplainedSpecial Features
Parimatch1/17 Days£5 free bet for football, £5 free bet on any sport except horse racing, £5 free bet for horse racing & £5 free acca bet with at least four selections.Deposits made from any method other than debit card or Apple Pay do not qualify for this promotion.
Coral1/27 Days1x £20 free bet which can be used on any sport.Deposits made from Prepaid Cards, Moneybookers, Apple Pay, Paypal, Paysafe, Neteller or Skrill do not qualify for this promotion.
Ladbrokes1/27 Days4x free bets which can be used on sports from Football, Horse Racing or Greyhound Racing to Tennis, Basketball or Cricket.Deposits made from Prepaid Cards, Moneybookers, InstantBank, Apple Pay, Paypal, Paysafe, Neteller or Skrill do not qualify for this promotion.

All the above bonuses represent great value to bettors and allow them to give their new accounts a significant early boost. Some offer four chances to win big, while another lets you experiment with different sports and even have some fun with an accumulator bet. However, I believe the best offer is Coral, as their bonus is paid out in one £20 instalment, which is a healthy stake if you want to turn it into a bigger profit.

  • bet365 Bonus
    Sports: Bet £10 & Get £30 in Free Bets
    No Code Needed Copied!
    CLAIM BONUSVISIT BOOKIESEE OFFER
    18+ Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of qualifying bets. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply. Full T&Cs apply. Bet Responsibly. GambleAware.org #ad
  • Betway Bonus
    Free Bet Club: £10 in Free Bets Every Week
    No Code Needed Copied!
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    18+ Opt in required. Single Line Multiples including 3+ selections. Min. overall odds: 2/1.£25+ of real money bets must be settled between Saturday 00:00 GMT and the following Friday 23:59 GMT. Full T&Cs apply. Bet Responsibly. GambleAware.org #ad
  • Betfred Bonus
    Sports: Bet £10 Get £50 in Free Bets
    18+ New customers only. Register with BETFRED50. Deposit £10+ via Debit Card and place first bet £10+ at Evens (2.0)+ on Sports within 7 days to get 3 x £10 in Sports Free Bets & 2 x £10 in Acca Free Bets within 10 hours of settlement. 7-day expiry. Eligibility & payment exclusions apply. Full T&Cs apply. Bet Responsibly. GambleAware.org #ad
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Bet £5 Get £20 is one of the more generous welcome offers out there, with a 400% increase on your deposit. The low deposit amount is also useful for new punters who are unsure about betting.

While the promotion seems straightforward, ensuring that you have a good understanding of the key terms and conditions is vital, to ensure that you qualify for the offer and make the most out of it.

This promotion is a type of welcome offer where customers are rewarded with £20 in free bets after making their first deposit and bet of at least £5.

You can receive this promotion by registering with a bookmaker that offers deposit £5 get £20 free. Once you follow the steps to be eligible for the offer, you will receive the bonus.

Bookmakers will restrict the different payment methods which are eligible for the welcome bonus. Although these restrictions vary, e-wallets are typically not accepted.

Yes, there will be. In some cases, this could be seven days but can also be much longer.

Some do, but these are usually for existing customers only and rare even then.

WRITTEN BY Matteo Ebejer View all posts by Matteo Ebejer

Hi, I'm Matteo, a writer who's passionate about all things sports. The typical weekend for me revolves around being glued to all things football on TV, ruining my Fantasy Premier League team, and getting off my lazy butt for a run.

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