BETGOODWIN is a British betting site established in 2021. It operates as the online version of Goodwin Racing, a brick-and-mortar betting company founded in 1997.
After being released online, Betgoodwin quickly became known for its fair odds and exciting free bets.
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But what else makes this bookie stand out from other betting sites? That's what I'm here to find out. Stick with me, as I will help you understand why Betgoodwin is a solid choice for British punters, including bonuses, payments, and other features.
Things I love about Betgoodwin
Betgoodwin solidified its reputation as a top bookie by offering diverse free bets and guaranteeing the best odds on racing events. These are also some of the factors where I rate Betgoodwin as a good operator. Some of the other things I really love, is that the minimum deposit is only £10. Below I have listed some of the things I love about the site:
- Wide variety of free bet bonuses
- Best odds guarantee on horse/greyhound events
- Minimum deposit/withdrawal of £10
Things to improve at Betgoodwin
Although I do like Betgoodwin, there’s still room for improvement. Currently, punters can only deposit with debit cards, and I would love to see more options added for more flexibility. Another thing I dislike, is the lack of accumulator bonuses or similar offers. To sum up:
- Punters can only deposit via debit card
- The bookmaker doesn’t have accumulator bonuses
Latest Betgoodwin offers and bonuses for sports
At the time of writing, all the offers and promotions at Betgoodwin were free bets. I dont see this is a bad thing, as free bets are one of the most popular bonuses among punters and also one of my favourite bonuses.
You can check which offers are available by visiting the “Promotions” page. The terms and conditions for each promotion are unambiguous, which means you’ll always know how to enjoy your bonuses to the fullest.
The sections below contain in-depth information about Betgoodwin’s welcome bonus and other sport-specific offers. I highly recommend reading them before starting, so you’ll know what to expect.
Welcome bonus
When I signed up to Betgoodwin, I got a bonus giving me a 50% cashback offer on your first day losses The cashback is paid as a free bet up to a maximum of £25. To enjoy this bonus, one must place at least three £10 bets on separate events, with minimum odds of 1/1 (2.0).
For example, if you place three £15 bets and lose two, you’ll get a £15 free bet, which can be used without restrictions. However, it’s worth noting free bets are non-withdrawable and must be used in their entirety. I dont find this to be a problem at all, as the size is not huge and should be doable for all types of players.
One thing to note, is that the free bet’s stake is deducted from the potential payouts. For instance, if your £15 free bet has a potential payout of £100, you’ll only get £85 if you win. I would like to have the full amount, but this is not uncommon for a bonus like this.
Accumulator bonus
Like free bets, accumulator bonuses are also a fan-favourite. Simply put, these offers help increase your potential payouts for accumulators by boosting the odds. Unfortunately I did not find any accumulator bonuses at Betgoodwin.
Offers by sports
Fittingly, when I looked through the “Promotions” page I found that most of Betgoodwin’s offers cater to horse racing. The bookmaker has several bonuses that reward you with free bets up to £100.
- Beaten by a nose
The “beaten by a nose” bonus allows punters to claim a free bet of up to £100 if their selection loses by a nose. This offer is only compatible with win or each-way single bets. I do like this promo, as it really eases some of the tension in close races.
The minimum bet to claim this bonus is £10. Cashed-out bets don’t qualify for a free bet. As with most Betgoodwin’s offers, free bets are non-withdrawable and can’t be used with other promotions.
- Falling at the last
This bonus rewards punters with a free bet of up to £10 if their selection falls at the last hurdle or jump while leading the race. The offer only applies to win and each-way bets with a minimum stake of £10. It has the same restrictions as other Betgoodwin’s cashback offers.
- Beaten by under half a length
This is one of those offers that compensates punters with a free bet if their selection loses by a specific distance. To be eligible for this bonus, you’ll have to bet at least £10 on a win or each-way single bet. Other restrictions apply.
- When second to a 50/1 or better
Punters can get a refund as a free bet of up to £100 if their selection finishes second to a horse with odds or 50/1 (51.0) or higher. The minimum stake to qualify is a £10 win or each-way bet.
How to sign up at Betgoodwin – step by step
Betgoodwin makes it effortless to get started. Here’s what I did to sign up.
- Visit Betgoodwin and click “Join Now”.
- Select title and enter your name, date of birth,and phone number.
- Type email, username, and password.
- Confirm you’re 18 or over, accept the T&Cs, and press “Complete”.
I found it all very simple, and it was easy to get going with a deposit to enjoy the promos the site offers.
How to place a bet
Betgoodwin’s sports betting menu has over 30 sports to choose from. This is a great selection, and I found it was easy to navigate around to find sports and bet type. On the site, I found a “Popular” menu, that shows me the latest and most popular events. After choosing a sport, check the competitions available and pick an event. Then, follow the steps below:
- Look through the markets and select your favourite to add it to your betslip.
- You can add extra markets to your betslip if you’d like to place an accumulator.
- Enter your stake in the corresponding field.
- Click the “Place Bet” button to confirm your betslip.
How to get the most out of live streaming with Betgoodwin
The bookmaker’s live streaming service is available for all race events in the UK and Ireland, such as horse racing and greyhound racing. To access the feature, head over to the sports betting section and select an event.
Events available for live streaming will feature a yellow “Watch” button. Please note you’ll have to be logged into your account to watch races live. The streaming service is compatible with desktop and mobile devices. I like this addition to the site, and the streams are really good with great quality and overall a smooth experience.
How to claim your bonus
As a new punter on the site, I did not have any issues claming a claiming a bonus at Betgoodwin, as the procedure is straightforward. Below, I have made a small guide on how to get the free bet welcome bonus.
- Deposit at least £30 to be able to claim this offer.
- Place three £10 bets with odds of 1/1 (2.0) or over.
- Wait for the bets to settle to see if you’re eligible for the bonus.
- If one of your bets loses, you’ll receive a 50% refund as a free bet.
Betgoodwin payment methods
Currently, punters can only fund their accounts using VISA, Mastercard, and Maestro debit cards. Deposits are automatically processed, giving access to the funds immediately.
As I also mentioned earlier, Betgoodwin isn’t the most diverse bookie regarding payments. The good news is that the methods available are incredibly safe and rely on state-of-the-art security technologies to prevent fraud.
Betgoodwin withdrawal options
Betgoodwin’s deposit methods are also compatible with withdrawals. Some Mastercard cards may not have the Credit Fund Transfer (CFT) functionality, meaning they don’t support withdrawals.
Requesting a withdrawal from Betgoodwin is free. Punters who fail to wager over 50% of the amount deposited may be charged a £3 or 5% withdrawal fee, whichever is higher. The minimum withdrawal is £10, while the maximum is £10,000.
According to support, withdrawals are processed within three to four hours. Requests made after 8 PM will be processed the following day. It can take up to five days until the funds are credited to your debit card. This is a bit long, however not unusual. I did not experience any delays, and my first withdrawal was on my account after around 3 days.
Betgoodwin minimum deposit
The minimum deposit at Betgoodwin is £10 per transaction, which is on base with other operators and makes it possible for all types of players to credit their account.
How to use the Cash Out feature
Using the Cash Out feature is a great way to secure profits if you’re ahead or limit your losses if you fall behind. A lot of people will tell you not to use the feature, as it does reduce your expected winnings and mathmaticly it will be a disadvantage. However, I do myself use this feature, as it does ease your mind often, and in situations where you can see an outcome is about to swing, it will give you an advantage.
Either way, getting started with this tool is incredibly easy. You’ll need to go to your active betting slips and see if the option is available.
If the Cash Out feature is available, you can automatically settle your bet at the current odds. Keep in mind that cashed-out bets aren’t eligible for free bets. Additionally, free bets can’t be cashed out.
Free bets at Betgoodwin
If you’re into free bets, you’ll love Betgoodwin. I managed to findfive free bet offers, including the welcome bonus, and some of them came with a generous £100 maximum amount.
They all also came with a pleasingly low qualifying stake of £10, reasonable bet requirements, and were targeted at horse racing events.
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Remember to gamble responsibly
A responsible gambler is someone who:
- Establishes time and monetary limits before playing
- Only gambles with money they can afford to lose
- Never chase their losses
- Doesn’t gamble if they’re upset, angry, or depressed
- Gamcare – www.gamcare.org.uk
- Gamble Aware – www.gambleaware.org
Find our detailed guide on responsible gambling practices here.
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