The organizer of this promotion is Martingale Europe Ltd, and therefore ElectraWorks Europe Ltd, Entain, Unit 6, ST Building, 120 The Strand Gzira, GZR 1027, Malta.

1. Promotion Period
   This promotion runs from November 17th, 2025, 10:00 CET to November 18th, 2025, 23:59 CET (the “Promotion Period”).
2. Eligibility
   Eligible players must:
   • Be at least 18 years old;
   • Hold an existing or new real-money account with bwin; and
   • See this promotion in the “My Account” section of their bwin account.
3. How it works
   • Eligible players must opt in to the promotion to receive the token.
   • To qualify for a €25 FreeBet, players must place a qualifying bet during the Promotion Period.

A qualifying bet:

• Must total at least €1
• Must be placed with the token
• Must be placed and settled within the promotion period
• Must be placed on Football markets
• Cannot be settled via Cash Out or canceled
• Cannot be placed using a FreeBet
4. FreeBet Credit
   • If the qualifying bet is settled as “lost”, the player receives the lost stake of the bet back as a FreeBet of up to €25
   • The FreeBet will be credited immediately after the qualifying bet is settled
   • FreeBets can be used on any sports and markets
   • FreeBets expire 3 days after being credited if unused
5. General Terms
   • Players can only receive one FreeBet during the Promotion Period.
   • This promotion cannot be combined with other offers.
   • If fraudulent activity or misuse is suspected, we reserve the right to exclude players from the promotion or terminate it.
   • We reserve the right to amend, suspend, or cancel the promotion at any time.
   • bwin’s general terms and conditions apply.