Bwin Welcome Offer: £20 Backup Free Bet for New Customers

The Austrian gambling company Bwin was founded back in 1997, originally being called Betandwin, before floating on the Austrian Stock Exchange in 2000.

In 2001 they merged with Partygaming and became Bwin.Party Digital Entertainment before being purchased by Entain (also owners of Ladbrokes) in 2016; they have offices in Vienna, Stockholm and Gibraltar.

Bwin Sign-up Offer Explained in Detail

New customers at Bwin can look forward to taking advantage of the Bwin sign-up offer. 

The Bwin welcome bonus allows you to place a multi-bet with a stake between £10 and £20 made up of three or more selections, at minimum odds of 2/1 (3/0), knowing that if the bet loses, you can get a Free Bet awarded to you for the value of the lost bet. The Bwin sign-up bonus is valid until the 21st of December 2024. 

How to Claim The Bwin Sign-Up Offer

And here’s what you need to do, step-by-step, in order to claim the Bwin new customer offer.

1) Open a Bwin account

• Click on the yellow Register button anywhere on the Bwin site. 
• Enter your country of residence and provide an email address. 
• Choose a password that includes the three stated requirements. It must: contain an upper and lower case letter, a number, and must have a minimum of 8 characters. 
• Enter your title, and first and last names like they appear on your passport or other valid form of ID. 
• Enter your date of birth.
• Provide your mobile number. 
• Enter your home address and postcode. 
• Choose whether you wish to receive notifications by e-mail or SMS about future Bwin free bets and other promotions. 
• Choose the currency you wish to make deposits and withdrawals in and in which you want to place bets. 

2) Make a deposit

• Make a deposit of at least £10.
• Avoid making deposits using Skrill, Entropay, Paypal and Neteller as doing so will exclude you from being able to claim the Bwin sign-up offer. 

3)Place a qualifying bet

• Place a multi-bet sports bet on any sport (other than horse racing) that’s made up of at least three selections, coming to odds of 2/1 (3.0) or greater. 
• Make sure that the bet is for an amount between £10 and £20.
• Ensure that the bet isn’t an enhanced acca, doesn’t include selections with boosted odds, isn’t a System Bet and isn’t a bet that you Cash Out.  
• There is no Bwin promo code that you need to enter. 

4) Claiming and using the Bwin free bet

• If your qualifying bet goes on to win, you will receive the winnings from it plus the value of your stake. 
• Should your qualifying bet win, you’ll forfeit the right to receive the Bwin welcome offer.    
• If your qualifying bet loses, you’ll be awarded a free bet for the value of your qualifying bet. In other words, between £10 and £20.
• To claim it, you need to log into your account. The free bet is found above the bet slip. 
• Make sure you use the free bet within 7 days of it being awarded to you (or else it will be removed from your account) and place it as a single on any football market of your choice. 
• Don’t try to Cash Out your bet. 
• If the free bet wins, you’ll be paid out the winnings from it but the value of the free bet will not be returned. 

5) Know Your Customer (KYC) Check 

• Before you can make your first withdrawal, you will need to pass a KYC check to prove that you are who you say you are, as a safety measure. 
• To pass your KYC check you’ll need to provide documents such as a passport, utility bill or bank statement. 
• Once you pass your KYC check, you’ll be able to withdraw any winnings from your account.  
• You’ll be able to claim the Bwin welcome bonus and place bets before passing the KYC check but not withdraw any money; we advise you to do your KYC test as soon as possible.

Bwin Welcome Offer Key Terms and Conditions

We’ve covered some of the terms and conditions of the Bwin sign up offer already but here’s a reminder of the most important ones, plus a few new ones.

• You must be a new Bwin player, aged 18 or over and a resident in the UK to receive the welcome offer. 
• The qualifying bet (described above) must be the first-ever bet you place at Bwin. 
• The qualifying bet must be a multi-bet sports bet on any sport (other than horse racing) that’s made up of at least three selections, coming to odds of 2/1 (3.0) or greater. 
• The qualifying bet must be for a minimum of £10 and a maximum of £20.
• The qualifying bet can be a Live Bet. 
• You can place the qualifying bet using the web, a tablet or mobile. 
• Cancelled or Cashed Out bets will not count as a qualifying bet. 
• Deposits using Skrill, Entropay, Paypal and Neteller will not qualify for the Bwin sign-up offer.
• The free bet must be placed as a single, at any odds, on any market from any football match of your choice. 
• The free bet must be used within 7 days of being awarded to you or else it will expire. 
• Only winnings from the free bet will be awarded to you; not the value of the stake of the free bet. 

Does Bwin Offer a Promo Code?

We’ve mentioned this already but no, there is no Bwin bonus code that you need to enter.

How does the Bwin Welcome Offer compare with competitors

Now that you know all about the Bwin welcome offer, let's see how it compares to that at some of the other top bookies.

Mistakes To Avoid When Claiming the Bwin Welcome Offer

We’re extremely keen for you to get the most out of the Bwin welcome offer. 

For that to happen, including actually receiving your Bwin free bet and being able to withdraw winnings from it, there are a few mistakes to avoid that could result in you not making the most out of the Bwin welcome bonus. 

Here’s your ultimate checklist of DO’S and DON’TS. 

Depositing methods to avoid 

Make sure you don’t deposit using any of these methods as they will exclude you from getting the free bet. They are: Skrill, Entropay, Paypal, Neteller.

Make sure your qualifying bet…qualifies 

It needs to be:

• The first bet that you place at Bwin.
• For between £10 and £20.
• A multi-bet with at least three selections.  
• At odds of 2/1 (3.0) or greater.
• Not on horseracing. 
• Not a System Bet.
• Placed using your own cash; not placed using Free Bet money. 
• A bet that isn’t Cashed Out. 
• Not an Enhanced Acca and not using Price Boosts. 

Make sure you claim and use your free bet correctly

• Make sure you log into your account shortly after your qualifying bet is settled. 
• Check that the free bet is for the value (or more!) of your losing qualifying bet. 
• Be sure that when placing the free bet, you actually use the free bet rather than betting with your own money. 
• Be sure to place your free bet as a single. 
• Make sure that it’s placed on football and not any other sport. 
• And most importantly of all: use your Bwin free bet within 7 days of it being issued to you, or else it will expire. 

Top Tip: Remember that you only get to keep the winnings from the free bet, not the stake as well. So it might be worth being a bit ambitious in terms of the odds at which you place the bet remembering that the stake won’t be returned to you. If your £20 free bet is struck at odds of 1.25, you’d only get paid out £5 if it wins. But if you take more of a risk and place your £20 bet at odds of 3.0 and it won, you’d win £40. But it’s up to you!

Bwin Free Bets and Offers for Existing Customers

There’s a lot more to Bwin promos beyond just their welcome offer. Here are some of the best: 

Best Odds Guaranteed 

Always get paid out at the highest odds on winning horse racing bets: the odds at which you placed the bet on the day of the race, or the horse’s Starting Price, whichever is bigger.

Boosted sports acca odds 

Get boosted payouts up to 70% when adding extra selections to your acca. To be eligible you need to include selections from certain named markets (check the Ts and Cs) from the following sports: football, American Football, basketball, ice hockey, baseball and tennis. 

Predict 5 

A free-to-enter competition where if you correctly predict the correct score in 5 selected matches, you can win £5000 in cash or a share of it if there are multiple winners that week. There are also smaller cash prizes for getting 1-4 correct scores right.

Our Experience Using Bwin

When writing this article that’s mostly focused on the Bwin new customer offer, I opened an account, claimed and used the offer and researched and experimented with all aspects of the Bwin site. Here are my conclusions on it:

Sports, markets and odds 

They offer betting on just about any sport you can think of and have hundreds of pre-match and live betting markets for the biggest events within those sports. The generosity of the odds was quite variable. In some cases, they were close to being ‘best price’, in other cases their odds were a bit below the industry average. 

Bonuses 

Horse racing fans will be glad to know that the Best Odds Guaranteed offer is available on all UK and Ireland races because it can make a real difference to your P and L.  I also enjoyed entering the Predict 5 competition which is completely free, fun to play and can see you win big money without raising any of your own. Though there are some Enhanced Accas for football, I’d also like to see some enhanced odds on singles as well, as not everyone is into accas.

Live Streaming 

As a big fan of being able to watch events that I’ve bet on already or am planning to bet on in Live Betting and which may not be on TV, I was interested in looking into their live streaming offering. I was extremely impressed with the number of football and tennis matches they stream every day and happy to see they also stream the likes of snooker, table tennis, volleyball and basketball. But I was a little surprised they don’t have streaming for horse racing and greyhound racing like most other betting sites do. 

Site design 

Everything is easy to find on a well-designed site and it includes additional information like a Stats Centre for certain sports.