New customers at 22BET can claim a welcome bonus of up to £50 when they register and place their first bet.

The 22BET welcome bonus has an estimated value of around £22.50 when matched betting but it is possible to make a much greater profit from this offer.

To claim the 22BET bonus, you first need to register an account. Once registered, make a deposit and enter the 22BET bonus code 50SPORT. You need to enter this promo code in order to receive the bonus. You can deposit as little as £10 but if as this is a 100% match offer, you will need to deposit £50 or more in order to claim the maximum £50 bonus.

After depositing, place a bet on any sport at odds of 1.65 or greater. This must be done within 30 days of registering your account.

Once you have wagered your deposit once, your bonus will be activated. In order to withdraw your bonus and any winnings generated from it, you need to wager the bonus amount ten times. This means that if you received a £50 bonus, you need to place £500 worth of bets with your bonus funds before it will become withdrawable. You have 5 days from when the bonus has been activated to meet the wagering requirements.

When matched betting this offer, the aim is to lose your bets with 22BET so that your funds end up in the exchange which would mean that you do not have to complete the wagering. If you lose your qualifying bet and your first bet with your bonus funds, you can make a profit or around £45 from this offer which is excellent. If you do need to complete the wagering, you would simply need to continue to back and lay your bets until you have wagered the required amount with 22BET. In this case, the offer has an overall estimated profit of around £22.50.

You can read the step-by-step matched betting guide for this offer in the members’ area of Profit Squad. Click on the button below to sign up today for 14 days for just £1.