What To Look For With Free Bets
Wouldn’t life be great if you could convince an online bookmaker to offer you free bets, just so that you can try out their site? How about if they offer you free bets just because they want your business at their online betting site? Well have we got a surprise for you!
Free bets may sound too good to be true, but they are real offers to be found at online bookmakers. Some versions of Free Bets are completely free and used as a way to promote the site or events or features, while other Free Bets are only free in part, and will require bettors to add some of their own cash to the bet as well.
Free Bets can be offered on a variety of sports from boxing to tennis. Since each online bookmaker will offer you a unique type of Free Bet, it’s good to read up about the different kinds of bets you will find. Our guide below should also be supplemented by punters reading the terms and conditions that can be found at our recommended bookmakers.
Matched Free Wagers
Matched bets are mostly offered to new members of an online bookmaker. Matched bets are awarded when you make your first account deposit.
Depending on how much your initial deposit is the sportsbook will match your deposit amount with an equal value in free bets. Essentially you get twice the betting amount for half the deposit.
No Deposit Free Bets
No deposit free bets are often relatively low in value, but they are totally free. You get no deposit free bets when you first sign up at an online bookmaker.
Just as with the matched free bets, there will be terms and conditions attached to the free betting funds.
Free Bet Factors to Keep An Eye On
The terms and conditions for Free Bets often feature 4 key points that punters must be aware of. Understand the requirements and details set by each of these four elements before you decide on and accept any free bets.
- Minimum odds- the minimum odds value sets out what you can use your free wagers on. You cannot spend free bets on favourites as this will mean the sportsbook is basically giving away their money. Free bets most often can be used on even money or less bets. This means odds with a minimum value of 1.5 ( ½ in fractional).
- Wager Requirements – Wagering requirements set out how much of your own money you have to wager before you can make withdrawals from your account after using free bets.
- Time Limits – The time limits set out for how long your free bet offers are valid. This can range from a week to 90 days. You must either claim or use your free bets in this time frame or risk losing it.
- Excluded Bets – Free Bets are often only limited to certain types of bets. These can be accumulators or spread bets, perhaps even certain single bets.
If you read and understand the terms and conditions and use your free bets responsibly, it can be a great way to squeeze extra value form your online sports betting experience.
We bring you the sportsbooks with the best and most rewarding Free Bets, so sign up with a site we suggest and you’ll reap the rewards.