Free bets today: how to weigh the offers Great Britain actually runs

Updated October 2026

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The phrase “free bet” carries more on a betting slip than the words suggest. In Great Britain, since 19 January 2026 the Gambling Commission has capped the wagering requirement that an operator can attach to a bonus at 10x, and any welcome package that asks a new customer to gamble on more than one product type (betting plus casino, for instance) is no longer permitted. That single rule — the wagering cap — is the first number to look at, because every other figure on the offer page is sized around it. The headline free-bet amount is the second, and the order matters. Read the cap, then the headline, then the small print, in that order, and a £30 free bet reads quite differently.

This page goes through the mechanics first: how a free bet is structured, what the Commission changed, and where the genuine costs live. Then the licensed bookmakers worth comparing in Great Britain, ranked on what their offers actually deliver after the terms have done their work. Throughout, the focus is on consequence — what an offer does to the bettor who claims it, not what the marketing claims about it.

*Data current as of 27 October 2026, verified against the Gambling Commission’s public register.*

How a free bet is actually built

A free bet is a credit the operator adds to a customer’s account that can be staked like cash, but with a critical difference: the stake is usually not returned with the winnings. Place a £10 free bet at 7/2 (4.50 decimal) and the result on a winning selection is £10 × (4.50 − 1) = £35 in profit, not £10 × 4.50 = £45. The £10 stake disappears. That is why a £30 “free” headline amount is not £30 of value in the reader’s hand — it is at most the expected profit over many such bets, weighted by how often they win.

The terminology is inconsistent across brands. “Free bet”, “bet credit”, “bonus bet” and “free bet token” all describe variants of the same instrument, but the rules around each differ:

• Stake returned or not? The most common form does not return the stake. A few operators offer “stake returned” free bets on selected markets, where the stake is paid back alongside winnings; these are rarer and more valuable per pound.
• Single or each-way? Sky Bet’s terms, for instance, restrict free bets to single or each-way markets and exclude multiples and virtuals. Other brands allow accumulators but with odds caps.
• Minimum odds. A free bet is rarely usable at any price. Betway requires 1.75 minimum, QuinnBet 1/2 (1.50) but with a ceiling of 50/1, and several welcome offers set the bar at 2.0 (1/1).
• Expiry. Seven days is the typical window. Sky Bet gives 30, BetUK and Dabble 7. The clock starts at credit, not at opt-in.
• Winnings withdrawable, stake locked. Most operators let winnings be withdrawn once any wagering requirement is met, but the free-bet stake itself is non-withdrawable and disappears after use.

The mechanic has one important symmetry: a winning free bet at high odds returns more profit than at low odds, but the probability of winning falls in step. The expected value is roughly free-bet amount × (odds − 1) ÷ odds × payout share of the market. At decimal 1.90 against a market of 1.90/1.90, the payout share is 1 ÷ (1/1.90 + 1/1.90) ≈ 0.974, giving a free-bet value of roughly £10 × (1.90 − 1) ÷ 1.90 × 0.974 ≈ £4.61 in expected profit. That is the realistic ceiling on what a £10 free bet on a near-even market is worth, before any minimum-odds restriction knocks it lower.

The promotion rules that changed the market

The Gambling Commission’s new promotion rules took effect on 19 January 2026. They are not guidance; they are licence conditions, and every operator holding a remote general betting standard licence for Great Britain is bound by them.

The two substantive changes:

1. Wagering requirement cap at 10x. The amount that must be staked before bonus funds convert to withdrawable cash cannot exceed ten times the bonus amount or the bonus plus deposit, depending on how the offer is structured. Under the old regime, 50x wagering on a £10 bonus (£500 of qualifying bets before withdrawal) was not unusual; under the new cap, the maximum is £100. This applies to bonuses — the headline question of whether free bets with no wagering condition are also subject to the cap is not settled, and the Commission’s published guidance does not yet confirm a position.
2. No mixed-product promotions. An offer that ties betting activity to casino, bingo, lottery or any other gambling product is prohibited. The classic “bet £10 on football to get 50 free spins” structure is no longer compliant. Operators must now confine welcome packages to a single product type.

These rules matter in two ways. First, they raise the floor on offer quality: an offer that demands £500 of turnover to clear a £10 bonus is now simply illegal at a GB-licensed brand, so the worst offenders are off the table. Second, they change what “good” looks like. A £40 free bet for a £20 qualifying bet with no wagering requirement (Coral, Unibet) used to be one of several standard formats; now, with the cap in force, it sits closer to the ceiling of what is sustainable.

The Commission has not set a cap on the money value of a bonus itself, and it has not set a cap on minimum odds for free bets. Those remain at the operator’s discretion. What it has done is clamp the worst version of rollover-heavy offers. The result is a market where the headline number is closer to the real number than it used to be, but only for licensed brands.

Where the costs hide in any welcome package

A welcome offer is built from three layers, and the marketing tends to highlight only the top one:

1. The headline amount. “Get £40 in free bets” — this is the number the advert shouts.
2. The qualifying requirement. A first deposit (typically £10 or £20), a qualifying bet at minimum odds (typically 1/2 or 2.0), and a deadline (7 days is standard).
3. The free-bet terms. Minimum odds on the free bet itself, expiry, market restrictions (singles only, no virtuals, no cash-out on the qualifying bet), and whether the stake returns.

A reader looking at Coral’s “bet £20, get £40 in free bets” needs to weigh three numbers: the £40 headline, the £20 qualifying bet at minimum 2.0 (1/1), and the seven-day expiry on the free bets after issue. The £20 qualifying bet is at risk — if it loses, the £20 is gone, and only the £40 in free bets is recoverable. If it wins, the £20 returns with winnings but the free bets are still non-withdrawable stake. The realistic expected position over the life of the offer depends on whether the qualifying bet wins, which depends on the punter’s selection.

This is the layer the marketing does not show: the qualifying bet is a real bet with real risk, and its outcome determines whether the headline number is the only number. For the offer to deliver close to its face value, the qualifying bet should be placed at a market the punter would have bet on anyway, with odds comfortably above the minimum.

Sports and tournaments the free-bet market is built around

Free bets in Great Britain cluster around the fixtures that move the most money. Football dominates by volume — Premier League, Champions League, and the domestic cups take the majority of free-bet redemptions, partly because accumulators are where free bets often get used and football is where the deepest accumulator markets sit. Horse racing is the second pillar: Best Odds Guaranteed, each-way betting, and the televised meeting calendar (Cheltenham, Grand National, Royal Ascot, the Classics) drive concentrated free-bet use around the big festivals. Tennis, particularly the Slams and the run-up to them, sees steady use. The World Cup is the once-every-four-years spike where free-bet offers multiply and turnover on the operator’s side jumps.

What this means in practice: a free bet on a Premier League accumulator is the most common redemption path because it lets the punter combine short-priced favourites into a multi-leg bet with a price high enough that the stake-not-returned mechanic does not cripple the value. A free bet on a 4/6 shot is almost worthless — at decimal 1.67, the expected profit on a winning free bet is roughly £10 × (1.67 − 1) ÷ 1.67 × 0.974 ≈ £3.90, and the punter loses the rest of the £10 stake to the mechanic. A free bet on a 5/1 shot, by contrast, returns roughly £10 × (5/1) = £50 profit if it lands, even without the stake. The odds floor matters more than the headline.

For the major racing festivals, the each-way free bet is the workhorse: a £10 free bet each-way at 10/1 on a horse is two £10 bets (win and place), with the place half paying out at a fraction of the win odds. The stake-not-returned rule still applies, so a winning each-way free bet returns the win profit plus the place profit, minus the £20 total stake that disappears. Used well, it can stretch a £10 free bet into something close to the headline value.

The top 10 bookmakers in Great Britain for free bets today

The ranking below is built on three criteria: the headline value of the welcome offer after the qualifying-bet cost, the flexibility of the free-bet terms (minimum odds, expiry, market restrictions), and the platform’s standing for everyday use (in-play depth, market variety, withdrawal speed). The names below all hold a Gambling Commission remote licence as of the date noted. A GB licence does not make a brand the right one for every punter, but it does mean the offer sits inside the 10x wagering cap and the no-mixed-product rule.

BetUK

BetUK’s welcome offer is structured for the accumulator punter specifically. New customers who deposit £10 or more and place a qualifying sports bet within seven days of registering receive four £10 free bets: two football accumulators of four or more selections and two multiples of two or more. The shape tells the reader who BetUK is targeting. Opt-in is required, and each free bet carries its own seven-day expiry. The platform runs on LeoVegas Gaming PLC’s licence (Commission account 39198). For a reader who would have placed a £10 accumulator on a Premier League coupon anyway, the offer is a clean four-times multiplier on stakes they were already risking. For a reader who bets singles only, the structure is more awkward: half the free bets cannot be redeemed in the form the punter actually bets.

888sport

888sport’s welcome mechanics change frequently and the site’s headline terms are best read at the point of claiming, but the platform itself is well-rounded. 888 UK Limited holds the licence (Commission account 39028). The product covers pre-match and in-play, Cash Out, Bet Builder, racing streams, BetFinder form tools and a live bet feed, plus daily boosted odds. For the reader who wants a single platform that handles racing, football, in-play and the bet-builder experience without feature gaps, 888sport sits comfortably in the comparison. The risk for a free-bet user is that welcome offers on established platforms tend to be smaller than newer entrants chasing market share.

Hollywoodbets

Hollywoodbets’ welcome offer is one of the more honest structures on the market: it refunds the first losing accumulator as a free bet of up to £30, on a stake of £10 or more with three or more legs at combined odds of 4/1 or greater, settled within seven days. Hollywoodbets International UK Limited holds the licence (Commission account 53028). The “up to £30” wording means the refund scales with the stake — a £30 acca at the qualifying odds returns £30 in free bet, while a £10 acca returns £10. One free bet per customer. The practical upside: the qualifying bet is refunded, not lost, if it misses. The trade-off: a winning qualifying bet gives no bonus, so the offer rewards losing rather than winning on the first bet.

BetVictor

BetVictor’s licence sits under BV Gaming Limited (Commission account 39576), the same parent that runs the wider platform. The brand offers regular price boosts, acca offers and free bets on selected events, with welcome offers shown in the app and governed by the customer terms. BetVictor is one of the longer-established names in British online betting and has historically been a strong fit for the punter who prices the value of a competitive margin over the size of a welcome headline. For free bets specifically, the platform runs acca-focused promotions more than single-bet refund mechanics, so the reader who uses BetBuilder or accumulates regularly is the better match.

Betfair

Betfair is unique among the ten in running both a sportsbook and a betting exchange under one licence (PPB Counterparty Services Limited, Commission account 39439). The sportsbook product includes in-play betting, Bet Builder, free live streaming of UK and Irish horse racing and football within the app, and a 90 Minute Payout market that settles bets if the backed team goes 2-0 up. For the reader comparing platforms on streaming and in-play depth, Betfair is one of the heavier offerings. The welcome offer mechanics for the sportsbook are separate from the exchange, and a punter who already bets on the exchange is not automatically opted in to sportsbook free bets.

Sporting Index

Sporting Index’s welcome offer is the most complex on the list and reflects the brand’s split identity as both a fixed-odds bookmaker and a spread-betting firm. A £10 fixed-odds bet at minimum odds of 1/2 unlocks three £10 fixed-odds free bets, three £5 Total Goals spread bets, three £5 Winning Favourites spread bets and a £1 Race Index spread bet. Sporting Index Limited holds the licence (Commission account 27343). The qualifying bet cannot be placed in play or cashed out early. The structure rewards the reader who is comfortable with spread betting; for a fixed-odds-only punter, the spread-bet components are unused value.

Spreadex

Spreadex, like Sporting Index, runs both fixed odds and spread betting. The welcome offer is £60 in free bets for a £10 fixed-odds qualifying bet, with a 28-day window to place the qualifying bet — the longest qualifying window in this comparison. Spreadex Limited holds the licence (Commission account 8835). The brand is also regulated by the FCA for spread betting, and losses on spread bets can exceed deposits. Beyond the welcome, Spreadex runs Acca Boosts from 5% to 100% on football accumulators of three or more legs, depending on the number of selections. For a reader who wants a generous qualifying window and is comfortable with the spread-betting dimension, Spreadex fits; for a fixed-odds-only reader, the headline number deserves closer reading.

William Hill

William Hill is the longest-established name in the comparison and offers the Football Acca Boost as a standing promotion: accas of two or more legs, each at 1/5 or bigger, get a boost from 3% on a double to 200% on 20 or more legs, with a maximum boost of £10,000 per online bet, running until 30 May 2027. WHG (International) Limited holds the licence (Commission account 39225). The Acca Boost pays in cash on top of winnings, not as a free bet, which sets it apart from most welcome structures. For a punter who already builds accumulators regularly, this is one of the more valuable recurring promotions on the British market. Welcome terms are best checked at the point of claiming.

Ladbrokes

Ladbrokes and Coral share a parent (LC International Limited for Ladbrokes, Commission account 54743) and a similar price-boost-heavy product, with Best Odds Guaranteed on UK and Irish horse racing, in-play betting and Acca Boosts. The brand sits comfortably among the Big Three of British high-street betting (alongside William Hill and Coral). Welcome terms are best checked in-app, as the headline structure has been adjusted several times under the new promotion rules. For the punter who wants a familiar platform with a deep racing product and is comfortable opting in to the recurring promotions, Ladbrokes is a steady default. The trade-off is that the headline welcome tends to be smaller than newer entrants.

Bar One Racing

Bar One Racing rebranded as BAR 1 Betting, an Irish independent bookmaker with shops across Ireland and racing sponsorships at Dundalk, Fairyhouse, Navan, The Curragh, Curraheen Park and Cork. Bar-One Racing Limited holds the GB licence (Commission account 56516). For a British punter, the brand is a smaller-scale alternative to the major platforms, with a focus on racing rather than football. Welcome offers and ongoing promotions are sized for the smaller player base, and the platform’s depth on football markets is narrower than the bigger names. The fit is a punter who bets mostly racing and wants a sponsor-connected platform, not a punter who wants the widest market range.

What the promotion rules mean for ongoing offers

The 10x wagering cap does not just rewrite welcome offers — it reshapes the recurring promotions that licensed brands run. Free-bet clubs, acca insurance, money-back specials and odds boosts all sit inside the same licence conditions. A recurring offer that asks the customer to bet £50 in a week to earn a £5 free bet is, at 10x wagering on the £5 free bet, capped at £50 of qualifying bets — which is exactly what the promotion requires. The cap was clearly drafted with these structures in mind.

What is less clear is the position on offers that attach a small wagering condition to a free bet that has no bonus cash equivalent. A free bet whose winnings are withdrawable as cash without further turnover is the simplest case: nothing to apply the cap to. A free bet whose winnings need a 1x playthrough before withdrawal is more ambiguous, and the Commission’s published guidance leaves the question open. The practical consequence is that operators have been conservative in their recent offer rewrites, trimming or simplifying the wagering language rather than testing the boundaries. That conservatism benefits the punter in the short term and may compress offer generosity over time as operators adjust margin to absorb the compliance cost.

For the punter, the question to ask of any ongoing promotion is the same as for a welcome offer: what is the headline, what is the qualifying requirement, what is the free-bet term. The 10x cap is now the ceiling, and the best offers in this market tend to sit well below it.

Payments, payout speed and the cost of getting your money out

Free-bet winnings are subject to the same withdrawal mechanics as ordinary winnings, and the speed at which those winnings land is part of the cost of an offer. A free bet that wins £35 but takes ten working days to pay out has cost the punter the time value of that money; one that pays in hours has not.

British-licensed operators use Faster Payments for debit-card withdrawals as a near-universal default, and most major brands settle within a few hours of the withdrawal request. E-wallets (PayPal, Skrill, Neteller) have historically been faster still but are increasingly restricted by operators on bonus-related withdrawals, on the grounds that e-wallets make bonus abuse easier. Bank transfers remain an option for larger withdrawals but can take one to three working days.

A practical point that catches readers out: many welcome offers require the qualifying deposit to be made with a debit card or instant bank transfer, and exclude deposits made via e-wallet or prepaid card. Coral’s terms, for instance, restrict the welcome offer to a qualifying deposit via debit card or instant bank transfer. The free-bet headline still applies, but the deposit method has to be one the punter might not normally use. Credit cards are banned for gambling in Great Britain and have been since 14 April 2020, including credit-card-funded e-wallet deposits.

Payout speed varies less by brand than by payment method, and the brand-level differences are mostly at the edges — the difference between a withdrawal that lands in two hours and one that lands in twelve is rarely the reason to choose one bookmaker over another. The reason to choose one over another on payments is whether the operator supports the punter’s preferred deposit method for the qualifying bet, and whether the operator charges withdrawal fees (most do not, but check the small print on bank withdrawals under £50).

Identity verification and what it costs the reader

Every GB-licensed online operator has verified a customer’s name, address and date of birth before the first deposit or bet since 7 May 2019. The verification is run against public records and credit-reference files and is a condition of the licence, not an optional extra. This is part of why no anonymous play exists at a licensed site, and why claiming a free bet is not anonymous either: the offer is credited to a verified account.

The verification process adds friction in two places. First, sign-up takes longer than it would at an unlicensed site, and some readers abandon the offer at the verification step. Second, a financial vulnerability check applies when a customer’s deposits minus withdrawals exceed £150 in a rolling 30-day period (since 28 February 2025): the operator runs a public-record check for county court judgments, bankruptcies and similar markers. This is not an income check and not a credit check, and it does not affect the offer’s headline terms. But it can pause withdrawals above the £150 threshold until the check is complete.

For most readers the £150 threshold is reached only after the welcome offer has been cleared; the punter who bets heavily in their first month is more likely to encounter it. The Commission’s wider plan for affordability checks — what the press calls “affordability checks” — was announced on 7 July 2026 with no confirmed start date, so a deposit at any level is not currently subject to an income-based assessment at a GB-licensed brand.

Responsible gambling and where the brakes sit

GAMSTOP is the national self-exclusion scheme and a mandatory licence condition for GB-licensed online operators since 31 March 2020. Exclusion periods are six months, one year, five years, or five years with auto-renewal; after the minimum period the exclusion remains in place for a further seven years unless the customer asks GAMSTOP to remove it. A punter who has self-excluded cannot bet at any GB-licensed online bookmaker, including with a free bet. The free bet does not exempt the customer from the exclusion.

Deposit limits are a separate tool. Operators must offer a gross deposit limit on a fixed time frame; the first phase of changes has applied since 31 October 2025, a second phase was postponed to 30 September 2026, and whether it is live at any given operator is not established. The practical effect is that a punter who sets a £100 weekly deposit limit cannot deposit more even to clear a welcome offer — the offer has to be cleared within the limit, or not at all.

Help is available outside the operators. GamCare runs the National Gambling Helpline, GambleAware funds treatment and education, the NHS operates gambling clinics, and Gamblers Anonymous runs peer-support meetings. These are free of charge and confidential. A punter who feels the welcome offer or the free-bet club has become a reason to bet rather than a benefit should reach for one of these before chasing losses through another free bet.

The math: how much is a £10 free bet actually worth?

The value of a free bet whose stake is not returned is roughly free-bet amount × (odds − 1) ÷ odds × payout share. The simpler way to read this: a free bet is worth the expected profit on the bet, not the stake plus expected profit. At very short odds, this number collapses; at long odds, it approaches the headline figure. On an illustrative two-way market at decimal 1.90 / 1.90 (9/10 fractional), the payout share is approximately 1 ÷ (1/1.90 + 1/1.90) ≈ 0.974. A £10 free bet on either outcome returns, on average:

£10 × (1.90 − 1) ÷ 1.90 × 0.974 ≈ £4.61

So a £10 free bet is worth about £4.61 in expected profit when staked at near-even odds on a market with roughly 2.6% margin. At longer odds — say decimal 5.00 (4/1) — the value rises to £10 × (5.00 − 1) ÷ 5.00 × 0.974 ≈ £7.79, because the missing stake is a smaller proportion of the return. At shorter odds — decimal 1.50 (1/2) — the value falls to £10 × (1.50 − 1) ÷ 1.50 × 0.974 ≈ £3.25.

This is the band: a £10 free bet is worth somewhere between roughly £3 and £8 depending on the odds and the market margin. The headline number is never the value, and the value is not guaranteed — it is the average over many such bets, and any single redemption can return nothing or several times the headline. Minimum-odds restrictions in the free-bet terms cap the upper end: a free bet usable only at 2.0 (1/1) or longer has a ceiling at decimal 2.00, where the formula gives about £4.87 in expected value on a £10 bet.

Predictions, tips and the limits of what a guide can say

A page on free bets is not a tipster, and the difference matters. A tip tells the reader which selection to back; a guide on offers tells the reader what the offer costs and who it suits. The line between them is the line between describing a market and predicting an outcome, and only the first is something a guide can do honestly.

The reason is mechanical: no model, no tipster and no algorithm knows which team will win on Saturday. A punter who follows a tip because a guide attached a star rating to it is betting on the guide’s word, not on the price, and the price is the only thing a bookmaker cannot take away from a sharp bettor. The bookmaker’s margin sits inside every price — typically 2% to 8% on mainstream football markets, higher on minor leagues and specials — and the long-run cost of betting is the margin multiplied by turnover, no matter how the bets are picked.

What a guide can say, and what this page does say, is that the offer terms determine the value of a free bet more reliably than the selection does. A punter who uses a £10 free bet at minimum odds on a market with a 7% margin gives up roughly £0.70 to the margin on a single redemption; a punter who uses the same free bet at longer odds on a market with a 3% margin gives up roughly £0.15. The market and the price matter; the selection, less so, when the bet is free.

For a punter deciding what to do with a free bet today, the practical sequence is short: pick a market you understand, look for odds above the free bet’s minimum and ideally in the 3.00 to 6.00 range (where the stake-not-returned mechanic hurts least), confirm the market is permitted under the free bet’s terms (Sky Bet excludes multiples and virtuals, for instance), and place the bet within the expiry window. The marginal edge from picking a “good” selection is small relative to the edge from picking a good market and respecting the terms.

Offshore, unlicensed and what the comparison leaves out

A page that lists only GB-licensed operators is incomplete as a market map but accurate as a consumer guide. The unlicensed market includes Curaçao-licensed, Malta-licensed and Gibraltar-licensed brands that accept British customers without holding a Gambling Commission licence. Using such a site is not a criminal offence for the customer, but it sits outside every protection this guide has described: no GAMSTOP coverage, no Commission complaints route, no approved dispute-resolution service, no British redress if funds are withheld, and no application of the 10x bonus cap or the £150 vulnerability check. The site’s licence may be real in its own jurisdiction; it is not a substitute for a GB licence.

The Commission’s enforcement against unlicensed operators targeting British customers includes cease-and-desist notices, search-engine referrals, and work with registrars, hosts and payment providers. The Commission has been given, or is about to receive, court-order DNS blocking powers; the position is not currently that ISP blocking is in operation.

The framing is not that unlicensed sites are illegal to use and licensed sites are safe — both framings oversimplify. The framed difference is that licensed sites are regulated in a way that gives the customer recourse, while unlicensed sites are not. A punter who chooses an unlicensed site trades the Commission’s protection for whatever the unlicensed site offers in return: bigger bonuses, looser verification, fewer market restrictions. That trade is the punter’s to make, but it is a real one, and this page leaves it to the punter to weigh.

Frequently asked questions

What is a free bet?

A free bet is a credit the operator adds to your account that can be staked like cash, but on a winning selection the stake is usually not returned with the winnings — only the profit. The amount, minimum odds, expiry and market restrictions are set by the operator’s own terms and vary by brand. A £10 free bet at 5/1 returns £50 in profit if it wins, not £60.

How does a free bet work in practice?

You claim the offer (usually by opting in and placing a qualifying bet), the free bet is credited to your account, and you place it on a market that meets the terms — minimum odds, permitted market type, within the expiry. If the bet wins, the profit lands in your withdrawable balance minus any wagering requirement; if it loses, the free bet is gone. The stake is not returned on a win unless the offer specifically says so.

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

The stake is the operator’s cost of the offer; the profit is what the operator is giving away. Returning the stake on top would roughly double the headline value of the offer, and operators have settled on stake-not-returned as the standard. A few offers do return the stake on selected markets, and those are worth more per pound than the standard form.

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

Since 19 January 2026, the Gambling Commission has capped the wagering requirement on a bonus at 10x the bonus amount (or the bonus plus deposit, depending on structure). The cap applies to bonuses with a wagering condition; whether it applies to free bets with no wagering condition is not established in the Commission’s published guidance.

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

Minimum odds are the floor below which a bet does not count towards the offer — a £20 qualifying bet at minimum 2.0 (1/1) means a bet at 1.80 (4/5) does not qualify. The wagering requirement is the multiple of the bonus that must be staked before winnings become withdrawable; under the 10x cap, a £10 bonus needs £100 of qualifying bets before the winnings clear. Reading both numbers together tells you the real cost of the offer.

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