Betstorm Free Bets for 2023 - £20 in Free Bets

Our guide to Betstorm’s current free bets and welcome offers for new and existing customers.

What is Betstorm?

Betstorm is a new online sportsbook and casino that was founded in 2021. Betstorm is operated by progress play, which also operates other betting sites such as BetNeptune, Infernobet, and 2kBet.

Betstorms’s Current Free Bet Offer:

Bonus offer

Bet £10 Get £20 in Free Bets

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  • New Betting Site
  • Progressplay Platform
  • £20 in Free Bets
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betstorm free bet offer

Min. Deposit

£10

Regulated by

MGA, UKGC

Founded

2021

Owner

ProgressPlay Limited

Offer terms

New players only. Minimum £10 qualifying bets, stake not returned. Free bet is a one-time stake of £10, minimum odds of 1.5, stake not returned. 10x wagering the winnings. Wagering occurs from real balance first. Wagering requirement is calculated on bonus bets only, wagering starts from real funds. Max conversion £20. Valid for 7 days from issue. Withdrawal requests voids all active/pending bonuses. Excluded Skrill deposits. Full terms apply.

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Deposit methods

maestro
mastercard
payapl
skrill
stripe
visa
1

New players only. Minimum £10 qualifying bets, stake not returned. Free bet is a one-time stake of £10, minimum odds of 1.5, stake not returned. 10x wagering the winnings. Wagering occurs from real balance first. Wagering requirement is calculated on bonus bets only, wagering starts from real funds. Max conversion £20. Valid for 7 days from issue. Withdrawal requests voids all active/pending bonuses. Excluded Skrill deposits. Full terms apply. | T&C apply

Welcome bet

Betstorm offers new customers a £10 free bet when they deposit and bet £10 on sports markets. The free bet comes as a one-time single £10 bet to be used on the market with odds of 1/2 or greater.

The free bet must be wagered at least once before winnings are eligible to be withdrawn from the account. The free bet stake will not be returned in the winnings.

The maximum amount of money you can win from the free £10 bet is £200.

Customers using Skrill and Neteller are not eligible for the free welcome bet.

Conditions of Betstorm Welcome bet

  • Users must bet a minimum of £10 to receive the £10 free welcome offer
  • One time £10 free bet cannot be used on odds over ½
  • Free bet is available once per person
  • Free bet must be used within 7 days of being credited or the bonus will be lost
  • Withdraw requests void any bonuses
  • Bets that are placed as part of the wagering requirement cannot be cashed-out
  • If you are eligible for multiple free bets, they must be used in the order they were credited to the account

Free Bet Mondays

Betstorm is on a mission to make Mondays more enjoyable for its users by offering them free bets every Monday.

Users have to deposit a minimum of £50 on a Monday using the code ‘FBM.’ When they place this £50 on any sports market, Betstorm will credit £20 of free bets to the user’s account.

The bonus must be used within 7 days and a maximum of 5 bonuses can be claimed by a single user in a month.

Conditions of Free Bet Mondays

  • The bonus is a one-time stake that can be used on a market with minimum odds of 1/1
  • The wagered stake will not be returned on free bonus bets
  • The bonus win from the free bet must be wagered before being withdrawn from the account
  • Free bets must be used within 7 days
  • Cashed-out bets do not count toward the wagering requirement
  • Free bets cannot be accumulated
  • Any user can receive up to five free bets per month

Wager Wars

Wager Wars give Betstrom users a chance to win bonus money for winning more bets. The more bets you win, you will climb a leaderboard. The higher up the leaderboards you get, the more bonuses you could win.

If you finish in the top 5 of the leaderboard, you will win free cash bonuses.

1st place – £150

2nd place – £125

3rd place – £100

4th place – £75

5th place – £50

The more you wager, the higher you will place on the leaderboard. And bets can be placed on a variety of major football leagues and the leaderboard is reset every month.

Conditions of Wager Wars

  • Users must deposit £10 or more using the monthly code
  • Users also have to wager a minimum of £50 on sporting events to qualify for Wager Wars
  • Any qualifying bets must not be cashed-out
  • When the promotion ends, those who wagered the highest qualifying bets will be ranked on a leaderboard
  • Each player can only win one prize
  • Any bonuses will be credited to the user account 7 days after the promotional month ends
  • Betstorm will credit the account with cash bonuses
  • There are no wagering requirements on cash prizes, they can be withdrawn immediately
  • The offer is valid for sports betting only
  • To qualify for Wager Wars, players must deposit using the sports cashier only

MMA/UFC Cashback

Betstorm is offering players money back on any UFC and MMA-related losses. Betstorm is giving payers 10% back on deposit losses of up to £500.

If users deposit over £10 with the code ‘Cage’ and place that money on MMA or UFC markets, they will be eligible for 10% of their losses back as a bonus.

MMA/UFC Cach Back Conditions

  • Offer is only available during set times
  • The promotion code CAGE must be used when depositing funds to qualify for the offer
  • A minimum deposit of £10 is required
  • Only real money wagers are eligible for this promotion
  • Only settled bets are eligible for the cashback offer
  • Cashback is maxed out at £500

Formula 1 Cashback

When betting on Formula 1, Betstorm users are eligible for up to £500 cashback on their losses.

If users deposit a minimum of £10 using the promo code ‘Podium’ and use that to bet on any Formula 1 market, they are eligible for the promotion.

The promotion is only available on single bets. Multiples and accumulators do not qualify for the Formula 1 cashback offer.

Formula 1 Cashback Conditions

  • The offer is valid for a limited time only
  • Users must use the promo code PODIUM
  • Users must make a minimum deposit of £10
  • Only real money wagers are eligible as qualifying bets
  • This offer is available on single bets only
  • Maximum amount of cashback is £500
  • Cashback will be credited within 7 days

Related reading on Free Bets

About the author

Carl Hughes

Editor

Carl Hughes

Editor

Carl Hughes is a leading expert on sports and casino betting. Carl began his career with a BSc in Sport, Exercise and Health Sciences from the University of Birmingham before working within the industry for some of the bigger names (GVC and Bet365) and has been praised as being "a leading sports betting commentator".