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Olybet bookmakers are offering a welcome bonus of up to €50 to all of their newly-registered customers. Register on Olybet, enter the “STARTS50” bonus code and, after depositing €20, you will get 2x €10 free bets. Moreover, if you wager a total of €100 with odds of 1.5 or greater, you will receive additional 3x €10 free bets which you can use as single bets with odds between 1.6 and 5, within 7 days. 

What do I need to do to get this bonus?

  1. Create an account at Olybet.
  2. During registration, fill in all the necessary fields with your personal information such as first name, last name, email, country etc.
  3. Make a deposit of a minimum of €20 into your account, and receive 2x €10 free bets from the bookmakers which are valid for 7 days.
  4. Deposit a total of €100 and place bets with odds of 1.5 or greater on valid sporting events. Get 3x €10 free bets which you can use within 7 days, wagering them with odds of between 1.6 and 5.

Pros and Cons:

+ The welcome free bet is quite good – €20 or €50
+ The required odds for the qualifying bets are quite low – 1.5 or higher
– The required deposit to qualify for the all free bets is quite high – €20 or €100
– The free can be used only as a single bet with maximum odds of between 1.6 and 5


Who can take part?
– Offer is valid for new OlyBet clients who registered on with promo code STARTS50
How and when can I qualify?
– Offer is valid from 01.11.2020 until 31.12.2021 23:59 CET+2.

What can I win?

  • To receive 2 x 10€ free bets, client has to make first deposit of at least 20€ within 14 calendar days from the moment of registration. Both freebets are issued at once. They are valid and can be used within 7 calendar days from the date of issue. If free bets are not used during this time, they will be canceled.
  • To receive additional 3 x 10€ free bets, client must wager at least 100€ in sports betting. Bets must be place and resulted as win/lose within 14 calendar days from the date when first 2 free bets were issued but not later then on 31.12.2021 23:59. Max value per bet – 20€. Only single pre-match bets with min. odds 1.5. will be taken into account when the sum of placed bets will be calculated. Cashed Out or returned bets will not be taken into account. It is not allowed to place several bets on the same market within one event (only the first bet on each market will contribute).  These particular free bets are issued at once. They are valid and can be used within 7 calendar days from the date of issue. If free bets are not used during this time, they will be canceled.
  • Each freebet is a single bet with 10€ value, provided with the discount of 99.9% for the price of 0.01€.
  • Freebets can be used to place a pre-match or/and live (in-play) bets with minimal odds 1.6 / max. odds 5.0.
  • Freebets can not be used as a qualifying bet for another bonus, for example, as a bet in another offer.

When will I get my prize?

  • Free Bets will be added to client’s OlyBet account automatically.
  • Freebets are limited to 5 per client.
  • Received winnings and bonuses have no additional wagering requirements.

Other boring but essential stuff

  • How to place a Freebet & Freebet terms and conditions can be found HERE
  • Offer cannot be used with other promotions.
  • OlyBet general Terms and Conditions apply.
  • The offer may be used only one time per person/household/IP address.
  • OlyBet reserve the right to exclude customers from this promotion.
  • OlyBet reserves the right to amend, suspend and/or cancel the campaign at any time.

Bookmaker Rating’s Conclusion

Olybet bookmakers are offering a great welcome bonus to introduce you to the world of betting. Register with Olybet, follow the necessary steps and enter promo code. After making the necessary deposits and qualifying bets, you could get the combined 5x €10 free bets from the bookmakers. For more detailed  information, have a look at our review of The Olybet.

If you have any questions, the Bookmaker Rating Support Service will be happy to help: [email protected].


  1. Are there any promo or bonus codes for welcome offers with Olybet?
    To qualify for this welcome bonus available with Olybet, you must enter the promo code “STARTS50”. Other bonuses with other promo codes are available.
  2. How can I withdraw money from OlyBet?
    Funds can be withdrawn using the same methods as deposits: Visa, Mastercard, Skrill and Trustly. Withdrawals to bank cards take 4-5 days, while withdrawals to e-wallets are completed within 24 hours.
  3. How much do you need to deposit with OlyBet?
    Minimum deposits at OlyBet are €5.
  4. How long does it take to deposit money from Olybet?
    Deposits with Olybet are fully processed within 1 business day, without any commission taken by the bookmakers.
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