BetMGM vs DragonBet free bets

Compare the latest active welcome offers from BetMGM and DragonBet. BetMGM currently lists: Bet £10 Get £40 in Free Bets. DragonBet currently lists: Get 50% of day one losses back as a Free Bet up to £25.

Winner Summary

  • Higher maximum bonus: BetMGM (£40 vs £25).
  • Lower qualifying spend: BetMGM (£10 vs £15).
  • Most recently checked: DragonBet (25 Mar 2026 vs 13 Mar 2026).
  • Reward type difference: BetMGM is listed as free_bets, while DragonBet is listed as free bet.

Side-by-Side Comparison

FeatureBetMGM logoBetMGMDragonBet logoDragonBet
HeadlineBet £10 Get £40 in Free BetsGet 50% of day one losses back as a Free Bet up to £25
Reward typefree_betsfree bet
Offer typewelcome_offerlosses back
Max bonus amount£40£25
Min qualifying spend£10£15
New customers onlyYesYes
Last checked13 Mar 202625 Mar 2026
Offer pageView BetMGM offerView DragonBet offer
TermsView termsView terms
ClaimJoin BetMGMJoin DragonBet

BetMGM logoBetMGM key points

  • New customers only
  • Deposit £10 and place a £10 bet
  • Minimum odds 2.0 (Evens)
  • Get 4 x £10 Free Bets
  • Includes 2 x Sports Bets and 2 x Bet Builder Free Bets
  • Free Bets expire after 7 days

DragonBet logoDragonBet key points

  • New customers only
  • Welsh residents only
  • Use promo code Moneyback25
  • Deposit and place 3 bets of at least £5 each
  • Minimum odds 1.5 on qualifying bets
  • Bets must be settled by 23:59 on your first day
  • Get 50% of day one net sportsbook losses back as a Free Bet up to £25

BetMGM logoBetMGM offer details

BetMGM Welcome Offer

New BetMGM customers can claim £40 in Free Bets after opting in and placing a qualifying £10 sports bet.

How it works

  • Open a new BetMGM account
  • Choose the Sports Welcome Offer when signing up
  • Place a qualifying bet of £10 or more within 7 days of registration
  • Minimum qualifying odds are Evens (2.0)
  • Once your qualifying bet settles, you will receive 4 x £10 Free Bets

Free Bet breakdown

  • 2 x £10 Sports Bet Free Bets
  • 2 x £10 Bet Builder Free Bets (minimum odds 4.0 / 3/1)

Key terms

  • New customers only
  • Minimum qualifying bet: £10
  • Minimum qualifying odds: 2.0 (Evens)
  • Qualifying bet must be placed within 7 days of registration
  • Offer can only be claimed once
  • Free Bets expire 7 days after crediting

Qualifying bet restrictions

  • Qualifying bet excludes e-sports and non UK/IE horse racing
  • Free Bets, Profit Boosts and Odds Boosts do not count
  • Void, cashed out, partially cashed out and multiple bets do not qualify
  • Each-way bets must have a £10 stake each-way (£20 total)
  • Bet Builders count as one bet and the combined odds must be at least 2.0

Free Bet restrictions

  • Free Bets exclude e-sports, e-sports Football, and non UK/IE horse racing
  • Bet Builder Free Bets require minimum odds of 4.0 (3/1)
  • Free Bet stakes are not returned with winnings
  • Free Bets cannot be used in conjunction with any other offer

Important note

To use a Free Bet, you must select it via the checkbox on the betslip after choosing a qualifying market.

DragonBet logoDragonBet offer details

DragonBet Welcome offer

DragonBet's welcome offer gives eligible new customers 50% of day one net sportsbook losses back as Free Bet Tokens up to £25 when they use promo code Moneyback25 and place 3 qualifying bets of £5 or more at minimum odds of 1.5.

How it works

  • Register a new DragonBet account and enter promo code Moneyback25
  • Verify your account and make a successful deposit
  • Place 3 sportsbook bets on your first day, each with a minimum stake of £5
  • Qualifying bets must be at odds of 1.5 or greater
  • Only bets settled by 23:59 on your first day will count
  • If you finish day one with net sportsbook losses, you will receive 50% back in Free Bet Tokens, capped at £25, within 24 hours

Key terms

  • New customers only
  • Customers must be 18+, verified, and Welsh residents only
  • Offer code: Moneyback25
  • Offer starts 14:30 UK on 19/12/2025 and continues until further notice
  • The promotion applies to sportsbook activity only
  • The offer is limited to one per customer, and once per household / valid email address / IP address

Free Bet details

  • Eligible customers receive 50% of day one net losses as Free Bet Tokens, up to £25
  • An additional £1 Free Bet Token is available if you opt in to sports and casino email and SMS marketing during registration
  • The £1 Free Bet is credited on first bet placement
  • Free Bet Tokens must be used within 7 days of acceptance
  • Free Bet Tokens can be used on sportsbook markets at odds of 1/100 or greater
  • Free Bet stake is not returned with any winnings
  • Free Bet Tokens cannot be withdrawn as cash, used to claim another bonus, or combined with cash or other Free Bet Tokens

Payment restrictions

Only a successful deposit will count towards this offer. Cancelled or withdrawn deposits will not qualify. No other specific payment method restrictions are stated in the source terms.

Exclusions

Bets on Casino, Live Casino, and Virtual Sports do not count. This promotion cannot be used with any other DragonBet promotion. DragonBet may withhold, restrict or cancel the promotion in line with its eligibility, promotion abuse and internal risk policies.

Important note

Make sure your qualifying sportsbook bets are placed and settled within your first day and by 23:59, otherwise they will not count towards the offer.

Verdict

BetMGM currently has the higher maximum free bet value (£40 vs £25).

BetMGM asks for the lower qualifying spend (£10 vs £15), which may suit lower-budget sign-ups.

BetMGM and DragonBet use different reward formats (free_bets vs free bet), so check how each free bet can be used before choosing.

Always read each bookmaker's full terms before signing up.