| 1. Round | 12/09/1948 | CE Sabadell | - | Real Madrid | 1:2 | ||||
| 2. Round | 19/09/1948 | Real Madrid | - | FC Barcelona | 1:2 | ||||
| 3. Round | 26/09/1948 | Valencia CF | - | Real Madrid | 4:4 | ||||
| 4. Round | 03/10/1948 | Real Madrid | - | Atlético Madrid | 1:2 | ||||
| 5. Round | 10/10/1948 | Athletic Club | - | Real Madrid | 2:3 | ||||
| 7. Round | 24/10/1948 | Sevilla FC | - | Real Madrid | 1:5 | ||||
| 8. Round | 31/10/1948 | Real Madrid | - | Espanyol Barcelona | 3:1 | ||||
| 9. Round | 07/11/1948 | Real Oviedo | - | Real Madrid | 1:1 | ||||
| 10. Round | 14/11/1948 | Real Madrid | - | RC Celta | 6:0 | ||||
| 12. Round | 28/11/1948 | Gimnàstic de Tarragona | - | Real Madrid | 3:3 | ||||
| 13. Round | 05/12/1948 | Real Madrid | - | CD Alcoyano | 3:1 | ||||
| 14. Round | 12/12/1948 | Real Madrid | - | CE Sabadell | 5:1 | ||||
| 17. Round | 23/01/1949 | Atlético Madrid | - | Real Madrid | 0:2 | ||||
| 19. Round | 06/02/1949 | Real Valladolid | - | Real Madrid | 2:0 |
Spain