What a "promo code" really gives you, and what it takes

Updated October 2026
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A promo code is a string of characters you copy into a form on a bookmaker’s site and a headline rate attached to it. The headline is the easy half. The harder half — and the one that decides whether accepting the offer leaves a punter better off — sits a few paragraphs deeper in each operator’s own terms. A £30 free-bet token looks the same in three different welcome boxes. The conditions attached to it almost never are.

A person on a sofa looking thoughtfully at a tablet, a wall clock in the background
Kalooki Sportsbook is operated by Kalooki Sports Book Ltd (company number 12938274), licensed by the Gambling Commission under account number 57730, and is a GAMSTOP member.

That is the gap this page closes. It walks through the British market’s promotional scaffolding as it stands in 2026: the Gambling Commission’s promotion rules that took effect on 19 January 2026, the licensed brands whose offer boxes a British punter is most likely to meet, and the arithmetic of clearing an offer rather than collecting its token. The aim is to give a reader the ability to read one of these offers and tell, before clicking “claim”, what it actually pays back, what it demands in return, and what to verify before parting with a deposit.

*Verified against the Gambling Commission’s public register as of 27 October 2026.*

The terrain: a market that has changed shape around the bonus button

British bookmakers have always competed on the front door. Welcome offers, free bet clubs, acca insurance, daily price boosts: the marketing shelf is dense, and every new punter gets walked past it on the way to the cashier. What shifted in 2026 is the regulator’s tolerance for the worst of the mechanic.

An empty football stadium with floodlight masts at dusk
Midnite's site cites Gambling Commission licence 101839 and shows in-play events, an acca builder, popular accas and price boosts with maximum-stake limits.

Two rules landed on 19 January 2026. The first caps the wagering requirement on a bonus at ten times the bonus amount: a £10 bonus with a 50x wagering condition used to mean £500 of qualifying bets; under the cap, no more than £100 of those bets may be required. The second bans the mixed-product offer — the kind of promotion that asks a punter to bet on football in return for free spins on a slot game, or to wager on horse racing in exchange for casino credit. Promotions that pull a punter across product lines are out. Promotions that ask the punter to bet more, repeatedly, inside one product are now hemmed in by a numerical ceiling.

That ceiling and that ban shape what follows on this page. The licensed brands reviewed below all operate under them, and the arithmetic worked through in the offer-cost section follows from them. The ceiling is also the reason several promotions that would once have been routine no longer appear in welcome boxes in the form they once did. What is left is simpler to read, but the headline is still where the marketing budget sits.

What “promo code” actually means on a British bookmaker

A promo code, in the loose language of the market, has become a label for any sign-up offer that a punter enters into a registration form or selects from a list. Most British bookmakers have stopped asking for a code at all: the offer is opt-in, attached to a deposit and a first bet, and the operator applies the credit once the qualifying conditions are met. Where a code still exists, it is the same offer underneath, with a string the punter pastes to identify which promotion triggered the credit.

An empty courtroom with wooden benches in morning light
Unibet states it has operated since 1999, and its UK site is run by Platinum Gaming Limited, Gibraltar, under Gambling Commission account 45322.

Either way, the code is the smallest piece of the offer. The rest is a chain of conditions: a deposit of at least a stated amount, a first bet at minimum odds in fractional or decimal form, a window in days for placing it, a window in days for using the resulting free bets, a list of markets the free bet may be placed on, and — where applicable — a wagering condition attached to a bonus balance. The 10x cap on bonuses only applies where a wagering condition exists; a free bet with no turnover condition attached is not the same product.

A useful first read of any offer is therefore to identify which of these pieces are present and which are absent. A bonus with a wagering condition is a different product from a free bet that simply pays the winnings. A price boost that pays out as cash is a different product from a price boost that pays out as a free bet token. The distinction matters because the cost of accepting each offer differs, and the next section works through that cost.

What the regulator says, and what it does to an offer

The Gambling Commission licences the entire commercial betting market in Great Britain under the Gambling Act 2005, and since the Gambling (Licensing and Advertising) Act 2014 every operator whose remote facilities are used in Britain needs a Commission licence, however it is incorporated or wherever it sits. There is no state monopoly and no cap on the number of licences. The Commission maintains a public register searchable by business name, trading name, domain or account number, and that register is the test of whether a brand is licensed.

A licence is not a recommendation, and it is not a quality mark on a particular offer. It is a permission to operate, conditional on a set of licence conditions and codes of practice. Two of those conditions bear on the offers reviewed below. The first is the verification condition: since 7 May 2019 a punter’s name, address and date of birth are verified before the first deposit and the first bet, including when the bet uses a free bet or a bonus. The second is the financial vulnerability check: where a customer’s deposits minus withdrawals exceed £150 in any rolling 30 days, the operator runs a public-record check such as bankruptcy registers or county court judgments. That check is not an income check and not a credit reference check, and the £150 threshold has applied since 28 February 2025.

What that means for the offers below is straightforward. There is no anonymous play at a licensed site. There is no welcome credit available without showing the slot. The financial check, where it bites, costs the punter a few minutes at most; the verification step is a one-off. The 10x bonus cap and the mixed-product ban are the regulator’s main limits on the welcome box itself.

The promotion rules in force since 19 January 2026 do not establish everything a reader might want to know about a free-bet offer. Whether the cap on wagering requirements applies to a free bet whose stake is not returned, where the offer carries no wagering condition at all, is not established in the published rules; what is established is that the cap applies to bonuses with wagering conditions. That leaves several welcome offers unaffected by the cap, and a few that would once have been capped had they survived in their old form. The arithmetic in the offer-cost section below follows from the cap where the offer carries a wagering condition, and the absence of the cap where it does not.

What is not a regulator’s question

A few things look like regulation and are not. The whistle-to-whistle ban on TV advertising around live sport is an industry code rather than statute; it has kept betting ads off British television from five minutes before a live event to five minutes after it, before the 9pm watershed, since 1 August 2019, and it concerns the ad break rather than the offer. The Premier League clubs’ voluntary withdrawal of gambling sponsorship from the front of matchday shirts from the 2026/27 season is a clubs’ decision, not a statute. The ASA’s CAP Code and BCAP Code are advertising rules, not licence conditions on the offer.

Player protection is a different category. GAMSTOP is the national multi-operator online self-exclusion scheme and a mandatory licence condition for online operators since 31 March 2020. Self-exclusion periods run six months, one year, five years, or five years with auto-renewal, and after the minimum period the exclusion stays in place for a further seven years unless the customer asks GAMSTOP to remove it. GamCare runs the National Gambling Helpline. GambleAware funds treatment. Gamblers Anonymous runs meetings. None of those services are the regulator, and none of them sit between a punter and an offer; they sit between a punter and the moment a bet stops being entertainment.

Deposit limits and stake limits are the punter’s own choice, set inside the operator’s safer-gambling tools. The Commission’s Remote Technical Standards require operators to offer a gross deposit limit, with the first changes applied since 31 October 2025 and a second phase postponed to 30 September 2026; whether that second phase is live is not established. There is no state-set ceiling for either deposits or losses. A punter who wants a £50 a week deposit cap sets one, and the operator enforces it.

Bonuses and free bets: the two products, the two costs

A welcome offer on a British bookmaker is one of two products under different names. The first is a bonus with a wagering condition. The second is a free bet whose stake is not returned.

A bonus is a credit to a separate balance. The punter plays through the balance according to a turnover rule, the wagering requirement, before the bonus and any winnings from it move to the withdrawable cash balance. Under the 10x cap, a £10 bonus with a 50x wagering condition used to require £500 of qualifying bets; the cap brings that down to no more than £100, where the offer itself remains on the market at all. A bonus of £20 with a 5x wagering condition requires £100 of qualifying bets. The minimum odds on those qualifying bets determine where they may be placed, and a condition that requires bets at odds of 1/2 or longer routes the punter toward the long end of the sportsbook rather than the close-of-market favourite.

A free bet is a token that the punter stakes on a single selection. The stake is not returned with the winnings. A £10 free bet at odds of 3/1 pays £40 in profit if it wins — the £30 winnings, with the original £10 retained by the operator. That is the single biggest cost of the free-bet form compared with a cash bet: the punter effectively pays the operator a £10 fee for the chance to play a longer price than they would normally stake. The free bet may carry a window of seven days from issue, a minimum odds condition, and a market list; the conditions vary by operator, and the reviews below set them out.

The two products also carry different risks for the punter. A bonus balance is a slowly draining resource: the punter plays through it, and any winnings on the way become withdrawable cash once the turnover is met, with the stake usually included in the calculation. A free bet is a one-shot token: the punter picks a market, places the token, and waits. There is no “working off” a free bet; there is only the single bet and its outcome.

Several welcome offers sit somewhere between the two. A “bet £20, get £40 in free bets” offer sounds like a bonus at first reading; it is not. The £20 is a real-money qualifying bet that pays its own winnings if it wins, and the £40 is four free-bet tokens issued once the qualifier settles. The qualifier is a flat £20 at minimum odds; the token is a free bet that pays winnings only. A “stake back as a free bet” offer sits in a third shape: the punter’s stake on the qualifying bet is returned as a free bet if the qualifying bet loses, and the free bet carries its own expiry. The mechanics differ, and the cost differs, which is why each offer in the comparison is described in its own terms.

How much clearing an offer costs in real money

Take an offer of the form research reports: a £10 bonus with a 50x wagering condition. Under the Commission’s 10x cap, the worst case is that the punter works through £500 of qualifying bets at the cap, but only £100 of those may be required under the new rules. What remains under the cap is a turnover of £100 at minimum odds. If the market the punter plays carries a 5% margin — the bookmaker’s take on a typical 1X2 football market — the punter pays £5 of that £100 to the operator’s margin before the bonus is cleared. £5 of expected cost on a £10 bonus is half the bonus paid back in expected value before the punter touches a withdrawal.

Now the same calculation for an offer that keeps its old form: a £10 bonus with a 5x wagering condition requires £50 of qualifying bets. A 5% margin on those bets costs the punter £2.50 of expected value on the way through. £2.50 of cost on a £10 bonus is a quarter of the bonus; the rest of the bonus is retained, and any winnings on the qualifying bets move to cash once the turnover is met.

Now the free bet. A £10 free bet at minimum odds of 1/2 (decimal 1.50) on a market with a 5% margin is worth, on average, £3.81 of expected value: the punter plays the token, the operator keeps the stake, the winnings are discounted by the margin. £3.81 of expected value on a £10 free bet is a discount of 62% from the headline. That is the typical cost of accepting a free-bet token in exchange for a stake the punter did not have to put up.

The arithmetic on each offer below follows the inputs the offer’s own terms carry — the bonus amount, the wagering multiple, the minimum odds, the expiry — and the 10x cap on bonuses in force since 19 January 2026. Where a calculation is missing an input, the page states the point qualitatively rather than fabricate a number. The point of the section is not to give a punter a single answer; it is to give a punter the inputs and the formula, and the confidence to apply them to whatever offer box they meet next.

The verification, the cap, and the offer a punter cannot see

Three pieces of the British offer box do not appear in the marketing. The first is identity verification before the first deposit. The second is the financial vulnerability check above £150 of net deposits in a rolling 30 days. The third is the 10x cap on wagering conditions, which is a property of the market rather than of any one operator’s terms.

Each one shapes what an offer can look like. Verification rules out the anonymous play that some unlicensed sites still permit. The financial vulnerability check rules out the high-roller welcome bonus that some offshore sites still offer. The 10x cap rules out the 50x bonus condition that was routine on this market a decade ago. The offers reviewed below sit inside those constraints; the constraints are not visible in the offer box, but they are present, and they are part of why the offer box looks the way it does.

The corollary is that what a British-licensed bookmaker can offer is narrower than what an offshore bookmaker can offer. That is the regulator’s trade. A punter who wants a no-questions-asked welcome may go looking elsewhere. A punter who wants the consumer protections of a British licence, the GAMSTOP route when the betting stops being entertainment, the Commission complaints route when a withdrawal stalls, and the 10x cap on the bonus condition when the offer is accepted, stays on this side of the regulatory seam. The choice is the punter’s; the seam itself is fixed.

Where a welcome offer ends and the rest of the book begins

A welcome offer is the first thing a punter sees and a small part of what they keep. The larger part is the sportsbook underneath it: the depth of the in-play offering, the availability of cash out, the size of the bet builder market, the breadth of the live streaming shelf, the speed of the withdrawals, the operation of the safer-gambling tools, the persistence of the price boosts and the loyalty schemes for customers who stay past the welcome window.

The reviews below cover each of those features where research carries the fact. Some operators are reviewed primarily for the welcome offer, others for the live betting, others for the racing product, others for the safer-gambling suite. The comparison table at the foot of this section pulls them onto one page. The verdict at the end of each review is the page’s own judgement, not a transcription of the operator’s marketing.

The ten licensed bookmakers, reviewed

Hollywoodbets — acca insurance on the first losing accumulator

Hollywoodbets’ sports welcome offer is a stake-back as a free bet for the first losing accumulator: new players who deposit £10 or more by card get their stake returned as a free bet of up to £30 on a first qualifying losing accumulator, with the stake at £10 or more, three or more legs, and combined odds of 4/1 or greater, settled within seven days of placement. One free bet per customer. The offer is not a bonus with a wagering condition; it is a stake-return on a losing bet, capped at £30, paid in free-bet form, with a seven-day expiry on the token.

Hollywoodbets operates via Gambling Commission remote licence 053028-R-330019-013, held by Hollywoodbets International UK Limited (Commission account 53028). The brand is one of several the group manages for the British market; the public register, rather than marketing material, remains the definitive source for verification.

The welcome offer suits a punter who already bets on accumulators and is happy to lose the first one. The cost is the qualifier itself: the punter must place an accumulator of three or more legs at combined odds of 4/1 or greater, with a real-money stake. The qualifier is the offer’s price of admission, not a token, and the punter must decide whether the price is worth the £30 ceiling on the returned stake. A punter who would not normally place a £10 acca at 4/1+ should not place one to qualify for the offer; the offer is built for the punter who would.

The verdict: an acca-shaped offer that pays back the stake on the first losing ticket. Useful for the punter who bets accumulators regardless of the offer; expensive for the punter who lays a wager they would not otherwise have placed.

Fitzdares — a payments bookmaker with same-day Visa withdrawals

Licence 000400-R-103839-030, held by Fitzdares Limited (Commission account 400), covers the operator’s remote general betting on real events. Apple Pay and the same-day Visa route are not headline offers; they are infrastructure, and they are how a punter judges a bookmaker between the welcome and the loyalty club. Fitzdares’ welcome terms and the offers attached to it are governed by the operator’s customer terms and conditions, which are visible on the site and on the app.

The offer box is built around the payments experience rather than around a headline rate, and the verdict is therefore mostly about the rails rather than the railhead. A punter who values same-day Visa withdrawals above a headline rate gets a useful bookmaker here. A punter who wants a louder welcome offer may find one elsewhere.

Tote — pool betting on British and Irish racing

Regulated by the Gambling Commission under licence 054779-R-331321-008, held by TDCO Limited (account 54779), Tote offers remote general betting on real events. Pool betting on horse racing is a separate licence category and a separate part of the British market; Tote operates both sides, and the welcome offer and the racing product are run from a position that is unusual on the British high street. The pool product is what makes Tote interesting, and what makes the welcome offer there hard to compare with a fixed-odds bookmaker’s offer without reading the Tote’s own terms.

A punter who already bets into pools has reasons to look at Tote that the welcome offer does not capture. A punter who bets only on fixed-odds football has fewer reasons. The verdict: a specialist bookmaker for the punter who already plays in pools; a less obvious fit for the punter who does not.

BetVictor — a long-running British bookmaker with a steady offer shelf

BetVictor operates under Gambling Commission licence 039576-R-319370-028, issued to BV Gaming Limited (account 39576) for remote general betting on real events. The same licensee also runs the parallel casino brand under a separate licence, and the two operations sit on different sides of the mixed-product ban: a promotion that asks a punter to bet on football in return for casino credit is not permitted under the rules in force since 19 January 2026, and BetVictor’s offer structure reflects that split.

The offer shelf is steady rather than spectacular. A punter who wants a headline rate above £40 in free bets on a £20 qualifier is not looking at BetVictor; a punter who values the price boosts and the acca offers over time is. The verdict: a steady bookmaker for the punter who plans to bet into the offer shelf rather than to cash out on the welcome.

Bet600 — a small-stake offer with five qualifying bets

Bet600 holds Gambling Commission licence 044731-R-323941-016, with Tyche Tech Limited as the holder (account 44731), permitting remote general betting on real events. The offer is the lowest headline rate on this list and the most labour-intensive: five qualifiers at £10 each, all at minimum odds of 2.0, in a seven-day window.

The cost is the qualifier. The punter lays £50 of real-money bets at minimum odds of 2.0 in seven days and ends up with a £10 free bet if all five qualifiers settle. The punter pays the bookmaker’s margin on the £50 of qualifying bets, and the free bet pays winnings only. £10 of free-bet face value at minimum odds of 2.0 is worth roughly £3.81 of expected value on a market with a 5% margin, and the punter has paid roughly £2.50 of margin on the qualifying bets along the way. The offer is honest; the offer is small; the offer rewards the punter who would have placed five bets anyway.

The verdict: an honest small-stake offer for the punter who bets regularly in the first week. A punter who would not otherwise place five qualifying bets should not invent them just to claim a £10 token.

Fitzwilliam Sports — Dublin bookmaker with a high-stakes welcome

Fitzwilliam Sports is licensed by the Gambling Commission under licence 048760-R-335434-009, held by SBKI Limited (account 48760) for remote general betting on real events. A capped-membership bookmaker is a different product from an open-membership one: the welcome is gated by criteria the operator states, and the offer is not designed for the casual sign-up.

The offer is best read as a niche product for the punter who has already decided to apply. The verdict: a specialist bookmaker for the punter who wants the Dublin product and is willing to be vetted. A casual sign-up punter is better served elsewhere.

Betfair — exchange and sportsbook under one roof

Betfair holds Gambling Commission licence 039439-R-319330-013, held by PPB Counterparty Services Limited (account 39439) for remote general betting on real events. The exchange sits alongside under a betting intermediary licence — a separate category — and the two operations run from different licences on the same register.

The welcome offer for the sportsbook is governed by the operator’s terms and is visible in the app. The exchange has its own commission structure rather than a welcome offer; a punter who backs or lays at Betfair pays commission on net winnings rather than a margin baked into every price. The two products are different bets on different markets, and the choice between them is a punter’s first decision. The verdict: an exchange-and-sportsbook combination that suits the punter who already wants to lay; a less obvious fit for the punter who only backs.

Smarkets — the exchange with an SBK sportsbook alongside

Smarkets holds Gambling Commission licence 039173-R-319366-011, issued to Smarkets (Malta) Limited (account 39173), as a remote betting intermediary. The SBK sportsbook runs as a separate brand on the same licence holder.

The exchange has its own commission structure; the sportsbook has its own welcome offer, governed by the operator’s customer terms. £60 in free bets on a £20 qualifier at minimum odds of 3.0 is a heavy qualifier: the punter lays £20 at 3.0 or longer in 48 hours, and the free bets pay winnings only. A £20 free bet at minimum odds of 1.50 is worth £7.62 of expected value on a market with a 5% margin, and three of them at the same minimum are worth roughly £22.86 of total expected value before any winnings. The offer rewards a long-odds punter; the offer punishes a short-odds one.

The verdict: a strong welcome offer for the punter who plays at longer prices. A short-odds punter pays more in qualifier margin than the free-bet tokens pay back.

LiveScore Bet — a payments-rich bookmaker with the British rails covered

LiveScore Bet accepts debit cards (Visa and Mastercard), Apple Pay, PayPal, Pay by Bank through Open Banking, and Revolut Pay, and the payments page covers most of what a British punter reaches for at the cashier. The bookmaker is operated under Gambling Commission remote licence 056859-R-332720-005, with LiveScore Betting and Gaming (Gibraltar) Limited as the licence holder, registered against Commission account 56859, and the licence covers remote general betting on real events. Revolut Pay and Pay by Bank are useful additions for the punter who has migrated their banking app, and the payments rail is where LiveScore Bet sits strongest.

The welcome offer and the offer shelf are governed by the operator’s customer terms, and the welcome offer in the app is the entry point. The verdict: a payments-rich bookmaker for the punter who values Revolut Pay and Pay by Bank at the cashier. A punter who bets only by debit card has a wider choice.

bet365 — the deep-market bookmaker with the largest offer shelf

bet365 offers Bet Builder+, combining markets from one event into a single bet, available pre-match and in-play, alongside Super Boosts, Winnings Boosts on Bet Builders and selected singles, and daily Bet Boosts across the sportsbook. The bookmaker is operated under Gambling Commission remote licence 055148-R-331498-002, with Hillside (UK Sports) ENC as the licence holder, registered against Commission account 55148, and the licence covers remote general betting on real events. The offer shelf is the broadest on this list, and the depth of the in-play product sits alongside it.

The welcome offer is governed by the operator’s customer terms and is visible in the app. The verdict: a deep-market bookmaker with the broadest offer shelf on this list, best for the punter who plans to use the in-play and the boosts alongside the welcome rather than to cash out on the welcome alone.

The wider offer shelf: what stays after the welcome

Welcome offers come and go. The offer shelf underneath them is what a punter keeps.

Price boosts and acca insurance

Price boosts are the daily diet of the offer shelf. A price boost is a single bet on a single market at a price higher than the headline; it pays cash where it pays, and there is no wagering condition. Most British bookmakers offer them; BetVictor’s shelf is steady rather than spectacular; bet365’s Super Boosts and Daily Bet Boosts are the loudest on the list. Acca insurance is the second pillar: a stake-back as a free bet on a losing accumulator of a stated number of legs at minimum combined odds. BoyleSports’ acca insurance requires opt-in, a minimum stake of £5, minimum odds of 1/2 and pays a maximum refund of £20 as a free bet that expires in seven days; the same operator’s acca loyalty is a separate product with a £5 minimum stake, minimum combined odds of 3/1 and five or more settled legs, with a free bet that expires after seven days.

Acca boosts

Acca boosts are a percentage boost on the winnings of a winning accumulator, paid in cash. William Hill’s Football Acca Boost covers accas of two or more legs with each selection at 1/5 or longer, with a boost from 3% on a double up to 200% on 20 or more legs, a maximum boost of £10,000 per online bet, and the product runs until 30 May 2027. Spreadex’s Acca Boosts give a cash boost from 5% up to 100% on football accumulators of three or more selections, depending on the number of legs. The two are different shapes of the same product, and each carries its own leg-count and minimum-odds condition.

Best odds guaranteed on horse racing

Best odds guaranteed (BOG) is the bookmaker’s promise to pay the larger of the price taken and the starting price on UK and Irish horse racing. William Hill pays BOG from 8 AM on the day of the race on both single and multiple bets, and it does not apply to ante-post, tote or pari-mutuel bets. Unibet offers BOG on horse racing alongside the rest of its shelf. BOG is not a free bet and not a price boost; it is a rule on the price the punter is paid when the starting price is higher than the price taken.

Cash out, live streaming and bet builder

Cash out is the bookmaker’s offer to buy the bet back at a stated price before the event settles. Betfair and SBK run Cash Out alongside live streaming; DAZN Bet offers Cash Out, Bet Builder and daily bet boosts and in-play betting, and cash out availability is not guaranteed at DAZN Bet, with bets standing if cash out is unavailable. Live streaming is offered by Betfair for UK and Irish racing and football and by SBK for live horse racing streams. Bet Builder and Bet Builder+ are at bet365 and at Kwiff, where Kwiff’s Bet Builder+ combines Bet Builder bets from different games into a single wager. Each is a feature rather than an offer, and each is governed by the operator’s customer terms.

The supercharged price

Kwiff’s Supercharge feature can instantly boost the odds on a bet, for example from 2/1 to 20/1, and it can apply to single or multi bets on any sport. Supercharge is not a daily boost and not a scheduled offer; it is a randomised enhancement on qualifying bets, and the punter does not see the enhanced price in advance. The mechanic is different from a price boost, where the price is fixed at the time of placement. A punter who places a bet at Kwiff may find the price enhanced after placement, and the winnings paid on the enhanced price.

The free-bet clubs and the loyalty tokens

Coral offers a free daily Reward Shaker, an Odds Booster on hundreds of markets, and free-to-play games such as Football Super Series with a £10,000 jackpot. The Reward Shaker is a daily loyalty mechanic rather than a welcome offer; the Odds Booster is a price boost with a stated ceiling; the free-to-play games carry a jackpot that pays cash. The shelf is wider than the welcome box, and a punter who stays past the welcome window sees more of it.

The comparison table

The table below sets the ten licensed bookmakers side by side. The licence column carries the Gambling Commission account number the register uses, the licence holder as research names it, and the operator’s own stated welcome offer in the terms column. Where research does not carry a figure for a particular operator, the cell carries the article-language no-data marker; the table is not a redaction, it is a record of what was said.

Brand Gambling Commission account Licence holder What the operator’s own terms state on the key’s subject
Hollywoodbets 53028 Hollywoodbets International UK Limited Stake returned as a free bet of up to £30 on a first qualifying losing accumulator (£10+ stake, 3+ legs, 4/1+, settled within 7 days); one free bet per customer
Fitzdares 400 Fitzdares Limited Apple Pay, Mastercard and Visa accepted; Visa withdrawals usually same-day; Mastercard withdrawals up to 48 hours
Tote 54779 TDCO Limited Pool betting product on British and Irish racing; welcome and offers governed by the operator’s customer terms
BetVictor 39576 BV Gaming Limited Regular price boosts, acca offers and free bets on selected events; welcome offer visible in the app
Bet600 44731 Tyche Tech Limited Five qualifying single bets of £10+ at minimum odds of 2.0 within 7 days of registration; one £10 free bet credited
Fitzwilliam Sports 48760 SBKI Limited “High Stakes Welcome” subject to compliance criteria; capped-membership product
Betfair 39439 PPB Counterparty Services Limited In-play betting, Bet Builder, free live streaming of UK and Irish racing and football, 90 Minute Payout market
Smarkets (SBK) 39173 Smarkets (Malta) Limited SBK sportsbook: £20 first deposit and £20 bet at minimum odds of 3.0 for £60 in free bets within 48 hours
LiveScore Bet 56859 LiveScore Betting and Gaming (Gibraltar) Limited Debit cards (Visa, Mastercard), Apple Pay, PayPal, Pay by Bank (Open Banking) and Revolut Pay accepted
bet365 55148 Hillside (UK Sports) ENC Bet Builder+, Super Boosts, Winnings Boosts on Bet Builders and selected singles, daily Bet Boosts

How to read an offer box in three steps

The offer box is short and the terms are long. Three moves close most of the gap.

First, identify the product. A bonus with a wagering condition is one product; a free bet whose stake is not returned is another; a stake-back on a losing bet is a third; a price boost paid in cash is a fourth. The product determines the cost; the rest of the box determines the conditions.

Second, identify the conditions. The minimum odds, the qualifying window in days, the expiry on the resulting token, the list of eligible markets, the wagering condition and its cap, the payment-method restriction: each condition is a knob, and the offer becomes more or less attractive as each knob moves. The qualifier is the cost; the token is the return; the gap between the two is the offer’s net cost in expected value.

Third, identify the regulator. The licence is on the Commission’s public register, searchable by business name, trading name, domain or account number. The licence is not on the offer box; it is on the register, and the register is the only place it counts. A punter who verifies the licence before parting with a deposit has done the only check that the register requires.

What to check before clicking “claim”

Verification before the first deposit has been a licence condition since 7 May 2019, and a punter cannot claim a welcome offer without showing the slot. The check is a one-off: name, address, date of birth. The financial vulnerability check applies above £150 of net deposits in a rolling 30 days, and it is a public-record check rather than an income check. The 10x cap on wagering conditions has applied since 19 January 2026, and any offer that asks for more than 10x turnover on a bonus has been re-cut to fit the cap.

A punter who clicks “claim” without checking any of that has not lost anything important; a punter who clicks “claim” on an unlicensed site has lost the consumer protections a British licence would have bought. The licence register is the test, and the register is the test before the deposit, not after.

Frequently asked questions

How do promo codes work on betting sites?

Most British bookmakers no longer ask for a code at the registration stage; the offer is opt-in, the deposit and the first bet qualify, and the credit is applied once the qualifying conditions are met. Where a code still exists, it identifies which promotion triggered the credit; the rest of the offer sits in the operator’s customer terms.

What is the maximum wagering requirement on a betting bonus in Great Britain?

Since 19 January 2026, the Gambling Commission’s promotion rules cap wagering requirements on bonuses at 10x the bonus amount. A £10 bonus with a 50x wagering condition used to require £500 of qualifying bets; the cap brings the worst case down to £100.

What do minimum odds and the wagering requirement mean in a sign-up offer?

The minimum odds set the floor on the qualifying bet — a condition that requires bets at 1/2 or longer routes the punter away from the close-of-market favourite. The wagering requirement sets the volume of qualifying bets required to clear the bonus balance; under the 10x cap, the worst case on a £10 bonus is £100 of qualifying bets.

Why is the stake of a free bet not paid back with the winnings?

A free bet is a token that pays winnings only; the stake is retained by the operator as the price of the token. A £10 free bet at odds of 3/1 pays £40 of profit if it wins; a cash bet of £10 at the same odds would have paid £50 of return, with the £10 stake returned. The retained stake is the cost of the free-bet form.

Can a bet on sport be tied to a casino bonus under the Commission’s promotion rules?

No. Mixed-product promotions are banned under the rules in force since 19 January 2026. An offer that asks a punter to bet on football in return for casino credit, or to wager on horse racing in exchange for free spins, is not permitted at a British-licensed operator.

How can it be checked that a bookmaker holds a Gambling Commission licence?

The Commission’s public register is searchable by business name, trading name, domain or account number. The register is the test of whether a brand holds a licence, and a punter who checks before depositing has done the only check the regulator requires.

Content created by the «Boxing betting» team