BetGoodwin Sign Up Offer: 50% Back as a Free Bet Up To £25

BetGoodwin were established in 2021 and are an online version of the brick-and-mortar bookmaker Goodwin Racing. The firm has been making waves in the UK industry with their competitive odds, free bet offer, and best odds guaranteed on UK and Irish horse racing. Today we’ve asked one of our betting experts to explain a bit more about the brand and what sets them apart from other betting sites.

BetGoodwin Sign Up Offer Explained

Most bookmakers nowadays will offer you a matched deposit bonus as a free bet for your sports betting sign up offer. The BetGoodwin welcome offer operates a little differently and new players can get 50% of their losses on their first day returned as a free bet up to £25.  

As with most trusted betting sites, certain terms and conditions do apply here such as, you need to place a minimum of three bets of £10 or more on different events on your first day as a Bet Goodwin customer. 

New players must note that each of the three bets must be placed at minimum odds of evens (2.0). The promotion period ends at 23:59 on the day that you have signed up for the BetGoodwin welcome offer and not 24 hours after you have registered your new account.  

Should you meet these requirements you will then be given 50% of your losses from Day 1 returned as a free bet. Read below about some other BetGoodwin terms that this sports betting site applies to new customers.

BetGoodwin Promo Code 

There is nothing worse than signing up for a new bookmaker and realising you are not eligible for the welcome offer due to failing to insert a bonus code. Well, that’s a thing of the past with this bookmaker as no Bet Goodwin coupon code is required. Should a BetGoodwin bonus code be required in the future, we'll make sure to add it here on this page. 

BetGoodwin Sign Up Offer Terms and Conditions

• The BetGoodwin terms for their welcome offer mean that this promotion is exclusive to new customers aged 18 and above at BetGoodwin. 
• Get 50% of your initial day's losses refunded as free bets, credited within 24 hours. 
• Qualify by placing a minimum of three bets, each of £10 or more, on separate events with odds of evens (2.0) or higher. 
• First-day losses are calculated as all settled stakes minus returns before 23:59. 
• Maximum free bets per customer is £25. Ensure to use free bets in full, and any stakes will be deducted from the returns. 
• This offer is limited to one free bet per individual, family, household, email address, IP address, telephone number, and payment account number (e.g., debit card), as well as shared locations (e.g., public library or workplace). 
• Free bets are non-withdrawable and will be credited within 24 hours. 
• One max free bet per customer.
• No Promo code required

BetGoodwin Promotions for Existing Customers

BetGoodwin offers a wide selection of promotions to existing customers once they have taken advantage of the welcome bonus. Most of these offers on the Betgoodwin sportsbook are for horse racing and I’ve detailed these below.  

Falling At The Last When Winning - Free Bet Up to £100

This is a fantastic horse racing betting offer which allows you to bet up to £100 on a win or each way single and if your horse falls at the last when losing, Bet Goodwin will refund the win part of the losing stake as a free bet up to £100. A minimum stake of £10 win or £10ew is required to qualify and this offer does not apply to ante-post markets. This applies to cash stakes only and as usual, the refund will be paid as nonwithdrawable free bets.

Beaten By Under ½ length - Free Bet Up to £100

A different BetGoodwin promotion for all customers allows you to place a win or each way single bet on any UK or Irish National Hunt Chase and if your selection finishes second beaten by the official distance of under half a length, BetGoodwin will refund the win part of your losing stake as a free bet. Qualifying distances are as follows: Nose, Short Head, Head, Neck. A minimum stake to qualify for this offer is £10 win or £10ew. This offer cannot be used with multiple bets such as Lucky 15’s.

2nd To A 50/1 Or Bigger - Free Bet Up to £100 

We’ve all been there, our horse has underperformed, and it pops up that a rank outsider has won the race at an eye-watering price. Well, BetGoodwin will give you a national hunt chase free bet should your horse finish second to a horse with a starting price of 50/1 or bigger. Again, just place a win or each way single on any UK or Irish horse race (except the UK Grand National) with a minimum stake of £10 win or £10ew. One free bet per customer.

Beaten By a Nose - Free Bet Up to £100

Flat racing can be decided by the finest margins and with this horse racing offer Goodwin Racing Limited allows you to have your stake refunded as a Free Bet. Place a win or each way single and if your horse is beaten by a Nose, BetGoodwin will refund the win stake as free bets. This offer excludes multiple bets.

Best Odds Guaranteed

The other BetGoodwin promotion I feel I should mention is Best Odds Guaranteed. I’ve seen several major betting sites retract this offer in recent months and it’s refreshing for customers here who can relax knowing they will get better odds should their horse go off a bigger price.

This policy applies to all UK and Irish horse and greyhound racing events. If the Starting Price (SP) turns out to be greater than the initially taken price, BetGoodwin will payout based on the SP. However, the maximum benefit for the Best Odds Guaranteed feature is limited to £/€1000 per bet for an individual customer. In the case of bets featuring identical selections, the maximum cumulative benefit is capped at £1,000. Please note that this does not apply to bets made before 10:00 each day, and it excludes Ante Post bets, special markets, and international racing.

Standard Rule 4s will be applied as per the usual Betting Rules and BetGoodwin reserves the right to restrict eligibility for their Best Odds Guaranteed offer at any time.

Our BetGoodwin Review

It is clear to see that BetGoodwin has deep roots within horse racing and their offerings for punters with offers such as a money back as a free bet if your horse falls at the last, along with their best odds guaranteed promotion makes them a standout bookmaker for horse racing punters of all levels.

The BetGoodwin welcome bonus does have its limitations with having to place at least three bets within the same day, however it’s refreshing to see a firm do things a little differently and if your initial bets do lose, it’s nice to have 50% returned as free bets. Another positive with the sign up bonus is that a promo code is not required. Odds are generally very competitive on BetGoodwin although it would be nice to see them increase their amount of markets for football with other offerings such as a player fouls market.  

BetGoodwin In-Play Betting 

I found the user experience when using the BetGoodwin website enjoyable for a pretty much brand-new sportsbook. The black and yellow colour scheme are easy on the eye and the simple navigation tab allows easy access to the most common sports and events. Live in play betting is available when you join BetGoodwin with an extensive range of sports offered. BetGoodwin offers a cash out service which I found to work correctly with an immediate return of funds to your account. I also found the in-play statistics and visual offerings such as league tables and live game data to be useful.  

BetGoodwin Live Streaming 

As to be expected with such a horse racing-orientated bookmaker, BetGoodwin offer live streaming on UK and Irish horse races along with some high-profile races from France. Greyhound racing is also available.

BetGoodwin Banking Methods

A range of payment methods are available with BetGoodwin, however you must make your first deposit with a debit card to be eligible for the free bet provided with the sign-up offer. I’ve listed the details for both deposits and withdrawals below.  

BetGoodwin Deposit Methods

All deposit methods that are available come without a fee and are also instant. The preferred payment method is a debit card.

BetGoodwin Withdrawal methods

You can withdraw funds from your BetGoodwin account once all payments into your account have been confirmed as cleared. Additionally, if you used a debit card for a deposit, BetGoodwin requires you to withdraw to the same debit card. 

BetGoodwin App and Mobile Experience 

BetGoodwin sports recently released their app which can be accessed by the Apple or Android store. I tested both and found they were modern, engaging and easily navigable apps where I could easily place real money bets and access my free bet that had been provided upon sign up.  

Is BetGoodwin Safe? 

Yes, like all operators featured on our site, BetGoodwin is licensed and regulated by the UK Gambling Commission.

BetGoodwin Customer Service

I did not run into any issues when using BetGoodwin. From the registration and free bet process at the start to verifying my documents, everything went smoothly however a range of customer service options are available such as Live Chat.

Our BetGoodwin Summary 

This BetGoodwin review has been a reminder of just how horse racing-focused the brand are. However, they provide some excellent existing customer offers around the sport, giving you as a punter the edge you need to potentially make a profit on your punting.

There is a lack of extensive player proposition markets for sports such as football, but I did find their overall offering across a range of sports to be adequate and more than enough for the casual punter. The odds available are competitive and in line with many of the major brands in the UK bookmaking landscape. The Free Bet potential from the sign-up offer adds another incentive but as with most firms, certain terms and conditions do apply. It was refreshing to see that a Bonus Code is not required here to be eligible for the Free Bets.
All in all, I would recommend BetGoodwin and I’m intrigued to see what extra features they can add such as more live streaming, and weekly free bets, to really mix it with the big boys in the industry.

BetGoodwin Offer & Review FAQs