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A free bet or bonus are promotions offered by online bookmakers, whether it to entice new customers into registering on their site or reward punters for their loyalty.
Free bets vary in their format, with a deposit generally being required to claim them by new customers, while they will also become available to existing members who place bets on a regular basis.
Unlike at high street betting shops, online bookmakers regularly introduce free bets in order to try and appeal to punters, allowing customers the chance to bet on their favourite sports markets without using their own hard-earned cash.
Free bet promotions are generally fairly simple to understand, with punters gaining bonus funds of tokens as a result of meeting set criteria or simply for being active with a bookie for an extended period.
The most commonly found type of free bet is one that is offered by betting sites to those who sign up for a new account, with an opening deposit generally also being required.
Punters receiving a free bet or welcome bonus will then be able to use it on a variety of markets, while potentially having to meet the relevant wagering requirements.
Existing customers receiving a free bet are also likely to be able to spend it on a range of markets, however it is common that only the winnings made will be available to withdraw.
However, with new customers having to deposit cash after registering anyway, in order to be in a position to place bets, the fact that doing so will often bring about a generous bonus does make them hugely appealing.
Online bookmakers do offer free bets with no strings attached however, although this is becoming increasingly uncommon, with no deposit bonuses and loyalty free bets only being available on a small number of sites nowadays.
Whether you have received your free bet or bonus as a result of signing up at an online bookmaker or as a reward for your loyalty, there are likely to be some terms and conditions to keep in mind when using such funds, which will effect your ability to ultimately process withdrawals.
With that being said, the following are the key free bet terms and conditions to consider when operating online:.
With most free bet offers and sign up bonuses, a deposit is required in order to claim them, whether it from a new or existing customer. Whatever the case may be, be sure that you are meeting the minimum deposit requirement, with failing to do so due to a lack of research being pointless.
While being more common at online casino sites, bookmakers will occasionally state that any free bet or bonus received must be wagered a certain number of times before withdrawals using it can be made.
At betting sites, this is normally a small number of times, whether it be 4x or 6x. Failing to meet the rollover requirements set by bookies will mean that punters are not in a position to take home any winnings made from free bets or bonuses.
Whether it be when placing a qualifying bet or staking using a free bet received, punters must also take into account any minimum odds requirements that have been set.
Those placing bets at prices below the minimum odds terms will mean that customers either miss out on claiming their bonus or are unable to withdraw winnings made from it.
Bookmakers may also state that bets using free bets or bonuses can only be used on a particular market, while bet types including multiples or each way bets may also not be accepted.
Having witnessed the amazing growth of the online gambling market at first hand, we have decided to create a website aimed at helping online gamblers increase their chances of beating the bookies in their own game.
A carefully selected team of gambling industry experts goes the extra mile to cover every aspect of online gambling, including sports betting, online casino, online poker and mobile gambling , making sure you always have access to the best welcome bonuses, promotions and special free gambling offers from top gambling venues.
Seeing that every member of the Free Betting team is an avid football fan first and foremost, sports betting and football in particular will occupy the centre stage of the website, meaning that this is the place where sports bettors will be able to find every piece of information that can help increase their starting bankroll.
In order to always have access to the best odds on the market you will need to open multiple bookmaker accounts and that is where our bookmaker reviews can be of big help.
Instead of scouring the web and trying to find the gambling venue that accepts your preferred deposit method or the one with the best sign-up bonus, you can simply read the bookmaker reviews compiled by our team of gambling experts and then decide where you want to place your bets or play your favourite games.
New players only. Free Bet must be used on an accumulator with 3 or more selections. Only deposits made using Cards or Apple Pay will qualify for this promotion.
Money back as bonus if first bet loses. Wagering requirements: sportsbook 3x at min. Unless forfeited the sportsbook bonus must be wagered before using the casino bonus.
Bonus expires 7 days after opt-in. Only available to verified customers registered from Place a first sports bet min.
Get 10 free spins on eligible NetEnt games if you win. A free bet no deposit is one whereby punters are not required to insert any funds into their betting account in order to claim a welcome offer.
Registering an account with a bookie is enough to eligible to claim an offer, usually through the use of a promo code. The most important distinction between different types of free bet is whether they require a deposit or no deposit to receive the bonus.
While this is not quite a true free bet no deposit, it does provide additional value for nothing.
Further differentiating these are the terms and conditions , which define what makes a good and a bad promotion , free bets and beyond.
Coral Free Bet Promotion — The rollover requirements alone can make a seemingly generous bonus practically useless. Other important examples include time limits, minimum odds, maximum bonus and so on.
Always be sure to check out the terms and conditions in detail to be sure of what the true quality of a promotion is. However, what they all have in common is that they are a promotion that allows you to bet with money or spins which are provided to you by your bookmaker at no initial additional cost.
Beyond that, the devil is in the details. And indeed, they remain a very popular promotion for those bookmakers. However, this has given some people the impression that free bets are rather rare in sportsbooks.
While this was true at one time it is hardly the case today, with plenty seeing the benefits of utilising such a popular and pragmatic promotional option.
With that said there are some instances, such as during big tournaments , or when a bookmaker wants to provide greater attention to its mobile app or a particular casino game , where they are even more common.
Well, first off, there will be terms and conditions which are there to minimise the level of risk to the bookmaker.
It does, however, remain a very generous one on the part of the bookmaker. After all, you could win a lot of money from a free bet.
Why would they risk that? They are a business after all. The reason, in a word, is competition. The betting market is so fiercely competitive, and customers have so many choices, that you need to go above and beyond to stand out.
A free bet is exactly that. Essentially you , as a user of the site, are more valuable than the money they potentially stand to lose by utilising such a promotion.
The main benefit of a bonus free bet is, of course, the opportunity to win a wager with no initial risk involved. The fact is that while you can do your research and ensure that you are getting a good betting site without trying them out for yourself, finding one which is perfect for you can be a touch more personal.
And you should be picky. There are so many different bookmakers to choose from that you owe it to yourself to not settle for anything less than the best.
In terms of versatility, few can match the mighty Betfair for the sheer amount of options available.
They are famous for their betting exchange and rightly so, offering incredible value across a dizzying amount of possible selections.
Founded in Dublin in , PaddyPower are today one of the most well-respected bookmakers both on and offline throughout Ireland and the United Kingdom.
Their scope goes even further than just in-store and online sports betting too, with their expansion into Casino, Poker, Bingo, Virtuals and more.
Their epic selection of betting markets is matched by awesome promotional variety , which includes a risk-free bet for new customers.
Some major terms and conditions include one promotion available per person including addresses and computer and its unavailability to e-wallet users.
These guys stick to sports for the most part with an elite amount of variety. When you mix this with an excellent selection of virtual sports, great promotions, live streaming and all-around world-class user experience it becomes clear that Coral has very much earned the reputation they enjoy.
This is probably the kind of traditional free bet that most people think of when they hear the term. Minimum odds are 1. This is not available to players using prepaid cards, Moneybookers, Paypal, Paysafe, Neteller or Skrill.
Qualifying bets must be made within 14 days of account registration and the free bet must be used within seven days. The free bet will not be included in any winnings.
Few can match them in terms of choice, quality, professionalism or reputation , which is exactly why we have selected them for this list.