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MagicRed Sports Sign Up Offer – Bet £10 Get £10 – September 2024

Bet £10 Get £10 CLAIM OFFER

New customers only. Min £10 deposit and bet on odds 1/1 or greater. Deposits via PayPal, Neteller, Paysafe, Skrill or Skrill 1-Tap will not be eligible for any free bet offer. Extra bet and bonus spins issued within 24 hours of qualifying bet being settled. Extra bet valid for 14 days, stake not returned. Bonus spins valid for 24 hours, selected games only. 18+ T&Cs apply.

Magic Red Sign-Up Offer: Bet £10 Get £10 Plus Free Spins

The Magic Red sign up offer gives new customers a small welcome package of free bets and spins. To claim the Magic Red free bet, register as a new player within 14 days of opening the account, deposit and place a £10 sports bet. 

When that qualifying stake settles, get a free £10 bet plus 10 free spins on the Book of Dead slot.

Magic Red Sign-Up Offer Key Terms & Conditions

  • 18+ New customers only;
  • Minimum £10 deposit;
  • PayPal, Neteller, Paysafe, Skrill, or Skrill 1-Tap deposits are not eligible for the bonus;
  • Minimum odds of Evens (2.0) or greater required;
  • Maximum bonus bet amount of £10;
  • Void/cancelled bets do not count towards the bonus;
  • Extra bet valid for 14 days;
  • Bonus bet stake will not be returned with any winnings;
  • Bonus spins valid for 24 hours;
  • Bonus spins are for selected games only.

Easy Steps To Claim The Magic Red Welcome Offer

The Magic Red sign-up bonus requires a new customer to settle a qualifying bet on the account. 

Here are the steps to complete registration:

1. Visit Magic Red

If you land on the Magic Red homepage on a desktop or mobile device, look for the red ‘Join’ button at the top right. Clicking on the new customer welcome banner will also start registration.

2. Account Details

The first required information is a username, password and working email account details.

3. Further Details

After entering your account credentials, complete all the required fields by entering your name, address, date of birth, and mobile number.

4. Magic Red Promo Code

There is a field for a Magic Red promo code – however, one is not required for the sports welcome bonus.

5. Accept Terms & Conditions

You need to agree to the terms and conditions of the site before proceeding, make sure you’ve looked these over. 

6. Open the Account

At the end of the registration form, click on the ‘Open Account’ link and the system will check your credentials and open the account.

7. Verification

If verification can’t be done automatically, proof of ID and address can be sent to Magic Red. That verification process is also an industry standard required for all customers before a first withdrawal.

Our Methodology for Rating & Collecting Information About Magic Red

Our goal is to give readers a clear, concise, and accurate picture of the Magic Red joining offer and all of its services. By taking a complete, in-depth, and unbiased look at a platform, we can then relay our honest findings. 

We check areas such as in-play betting, deposit and withdrawal methods, promotions, odds value, mobile apps, customer service, and more. 

About Magic Red

Magic Red is a UK-facing brand from Aspire Global. Its layout and operation may be familiar due to many sister sites like HeySpin, Neptune Play, Mr Play, and Luckster. Magic Red is covered by the UK Gambling Commission and the Malta Gaming Authority. It also has an Irish Betting Licence.

How Does Magic Red’s New Customer Offer Compare With Other Bookmakers?

With a £10 Magic Red free bet offer available from their welcome bonus package, here is how that Magic Red sign-up offer compares to other bookmakers.

Bookmaker Welcome Offer Minimum Odds Minimum Bet
Magic Red Bet £10 Get £10 free bet and 10 free spins Evens (2.0) £10
Betway Up to £40 matched free bet 2/1 (3.00) £5
Virgin Bet Bet £10 Get £20 in free bets 1/2 (1.5) £10
BetUK Bet £10 Get £30 in free bets 4/5 (1.8) £10
Sky Bet Bet 5p Get £30 in free bets Evens (2.0) 5p
Neptune Play Bet £10 Get £10 free bet and 10 free spins Evens (2.0) £10
Midnite Bet £10 Get £20 in free bets + 50 free spins 3/1 (4.0) £10
Ladbrokes Bet £5 Get £20 in free bets 1/2 (1.5) £5
Luckland Bet £15 Get £10 Evens (2.0) £15
Mr Play Bet £10 Get £15 Evens (2.0) £10

What Payment Methods Does Magic Red Accept?

There are plenty of payment options available at Magic Red. It’s essential to consider the payment restrictions regarding the Magic Red new customer offer, as PayPal, Neteller, Paysafe, Skrill, or Skrill 1-Tap deposits are not eligible for any bonuses on the site. 

Payment Method Fee Processing Time Minimum Deposit Maximum Deposit
Debit Card Free Instant £10 n/a
Neteller Free Instant £10 n/a
Skrill Free Instant £5 n/a
Payz Free Instant £10 n/a
AstroPay Free Instant £10 n/a
Bank Transfer Free Up to 5 days £5 n/a
MuchBetter Free Instant £10 n/a
PayPal Free Instant £10 n/a
Trustly Free Instant £10 n/a

How Do I Withdraw Money From Magic Red?

In general, withdrawals from Magic Red accounts can take between 24 hours and up to 6 days. 

Double-check on your withdrawal page because although no fees are stated specifically, the Magic Red site T&Cs state: “We reserve the right to charge you administrative fees during your deposits and withdrawals as shall be detailed in the ‘Cashier’.”

Withdrawal Method Fee Processing Time Minimum Withdrawal Maximum Withdrawal
Debit Card Free Up to 6 days £10 n/a
Neteller Free Up to 2 days £10 n/a
Skrill Free Up to 2 days £10 n/a
Payz Free Up to 4 days £10 n/a
AstroPay Free Up to 3 days £10 n/a
MuchBetter Free Up to 2 days £10 n/a
Bank Transfer Free 2-6 days £10 n/a
Instant Banking Free Up to 4 days £10 n/a

Are Magic Red’s Odds Fair?

Like all punters, we value competitive sports betting odds. To verify these, we look at the value of the book on a particular market and assess what kind of margins the operator is rolling with.

Aston Villa vs Liverpool

Home win: 3.9

Draw: 4.3

Away win: 1.75

Margin: 106.04%

Payout: 93.96%

Newcastle vs Brighton

Home win:1.57

Draw: 4.75

Away win: 4.00

Margin: 110.20%

Payout: 89.80%

Bournemouth vs Brentford

Home win: 1.95

Draw: 3.85

Away win: 3.4

Margin: 106.67%

Payout: 93.33%

The margin of around 106% on Premier League outright markets is good, considering we wouldn’t recommend anything above 110%. One game did hit that threshold, but overall, the signs were positive. 

How Competitive are Magic Red’s Odds?

The next thing we looked at was how well Magic Red’s odds stood up in direct comparison to other betting sites. This is a quick and easy way to gauge the competitive value of odds.

Manchester City vs Manchester United

First, I looked at the upcoming FA Cup Final between these rivals. Magic Red had favourites City at 1.3, which was competitive, with most bookies running them at 1.33. Magic Red’s quote on the Red Devils fell short at 7.8, as Bet365 and Boylesports had them out at 9.0.

West Ham vs Luton

Dipping into a Premier League match, Magic Red had the home win at 1.79. That was reasonable but nowhere near the top quote in the industry, as I saw quotes of up to 1.85 on West Ham. The away win odds at Magic Red were also down compared to many competitors: 3.8 against 3.95.

Norwich vs Leeds

Getting away from top-flight action, I then looked at a Championship match. Norwich were quoted at 3.25 with Magic Red, a price in the middle of the pack but short of top odds at 3.4 at BetMGM. Magic Red’s 2.12 quote was again competitive but still beaten by some bookies.

How Do Clients Feel About Magic Red?

Magic Red has not been around long enough to accumulate a considerable number of online reviews from real customers. These reviews can give actual experiential insights into the various pros and cons of a bookmaker site.

Most reviews for the operator were for their Casino. Among the five-star comments, there was a nod towards quick withdrawal times, with one happy client on Trustpilot saying, “They’ve got the best customer service support I’ve ever SEEN!” Another customer stated that the site could use “more enticing promotions”, which we agree with.

Magic Red Promotions & Bonuses 

Magic Red slightly misses the mark in this area, as its promotions are very thin on the ground. For example, a click on their Promotions link raises only casino bonuses and tournaments. The only sportsf betting offer listed is the Magic Red joining bonus.

As part of a deeper look, we browsed the sportsbook for enhanced odds or early payouts but came up empty-handed. There is an Exclusive Club, but that is only for casino play.

Magic Red Key Features: Why Should You Sign-Up?

Magic Red is a good, functional sportsbook, but it lacks an extensive range of features. Notably, the platform does not offer live streams, but there are still some positives.

Cash Out

We found the popular cash-out feature available for several sports and markets. 

Bet Builders

Bet Builder options are available on many football matches, including Total Corners, Total Goals, and Who Will Score.

Match Combos

Pre-built Match Combo bets are listed for high-profile football matches, offering bets like Over 2.5 Goals & Both Teams to Score.

1-Click Betting

You can place bets immediately, skipping the bet slip process and tapping on outcomes in ‘My Bets’. You can set your own default 1-click betting stake.

How is the In-Play Betting Experience On Magic Red?

The Magic Red in-play betting set-up is very good. There are extensive markets, and many of them are driven from the home page for convenience. Different sports can quickly be browsed, and there’s an excellent filter that shows upcoming games for a certain period so you don’t miss a beat. 

We commonly saw 120+ bet options on top live football matches, which is very good. Some basic in-game stats are shown, but not as in-depth as other sites we have seen.

Is There a Magic Red App?

There is no Magic Red app. However, the full experience can be enjoyed through a mobile browser, where the Magic Red new customer offer can also be signed up for.

Key Takeaway From Our Inhouse Betting Experts

“Magic Red is a good, solid, basic sports betting platform. There were few distractions around to pull me from my focus. The range of in-play markets was a definite highlight, and the live markets refreshed quickly. The navigation has nice touches, like seeing the specific coupons for leagues or competitions on the same page. After settling the Magic Red sign-up bonus and getting the free bet, it felt like a very accessible platform for regular bettors to lean on. That said, they need to introduce more promotions for their sportsbook.” Andy Francis – Betting Expert.

FAQ’s

Who owns Magic Red?

Magic Red is owned and operated by Aspire Global Limited.

Is Magic Red trustworthy?

Magic Red is a trustworthy platform licensed and regulated by the UK Gambling Commission.

Can you get banned from Magic Red?

If you break any site terms you agreed to when you signed up, yes.

Does the Magic Red sportsbook offer a cash-out feature for bets?

Yes. The Magic Red sportsbook does have plenty of cash-out markets available. 

How long do withdrawals take at Magic Red?

Cards and banking can take up to six working days, but digital wallets provide quicker solutions.

Can users access their betting history within the Magic Red interface?

Yes, full betting history can be accessed through “My Account.”