Bet for free? It might sound too good to be true, but in the gambling sector, this offer is a game-changer! Free bets are the most common form of sports betting promotions, benefiting both the customer and the bookie. Customers get to explore a new provider for free, while bookmakers aim to turn these trial users into loyal clients.
An Example of a Free Bet
Consider a classic offer: a €5 voucher for any pre-game bet on the Premier League opening matchday. You can use this voucher for any game on that specific matchday. If you bet on a game with odds of 2.50 and win, you’d end up with €7.50 in real money in your betting account. It’s essentially profit for free, often referred to as a “no deposit bonus.”
The Best Bookmakers for Free Bets
With thousands of bookmakers available, choosing the right one is crucial. We’ve ranked top online bookies based on their free bet offers and gambling options. Before diving in, always read the terms and conditions of each offer to make an informed decision.
Understanding Free Bets
Free bets are essentially free money given for betting. They are commonly awarded by bookmakers to make their betting offers appealing and allow customers to experience the world of sports betting without using their own budget. These come in various forms, from simple free bets to more complex sports betting bonuses.
How to Claim Your Free Bet
There are several ways to claim a free bet:
- New Customer Bonus: Offered to lure new players, with the best ones being the No Deposit free bets.
- Bonus for Existing Customers: Sometimes given as a reload bonus, where making a minimum deposit automatically credits you with a free bet.
- Complimentary Bonus for a Lost Game: Provided as compensation for a lost bet.
- Getting Free Bets No Deposit
One of the most popular types is the No Deposit Free Bet, where players only need to register as new players. Minimal verification, such as a phone number or account validation, may be required. Generally, that’s all it takes.
Restrictions on Free Bets
Restrictions vary among betting providers. Betting markets, minimum odds, and maximum payout amounts may be limited. Always check the terms and conditions (T&Cs) to understand the minimum odds required before claiming deposit free bets.
Using Your Free Bet
A free bet can be redeemed using a voucher or promotion code or directly in the betting account. Many betting providers allow you to use it directly in the betting slip. Simply check the option to use the free bet for the selected bet.
Difference Between Free Bets and Risk-Free Bets
The primary difference lies in the use of your own money. In a free bet, you don’t invest your own budget, while in a risk-free bet, you use your own credit. With a risk-free bet, you get your bet back as cashback in case of a loss. In a classic free bet, if you lose, you lose the free money, but if you win, you make a profit without investing anything.
Free Bets for New Customers
A special form of welcome bonus, free bets for new customers can be part of the welcome offer as a deposit bonus. Depending on the deposit amount, players can claim a certain budget for free bets. Alternatively, they can be a bonus to the bonus, granted in addition to the first deposit.
Can You Directly Withdraw?
Typically, a free bet cannot be withdrawn directly. You must first convert it into real credit on the betting account by placing bets and meeting specific bonus conditions. Once these conditions are fulfilled, you can initiate the withdrawal of your free bet earnings. Always read the terms and conditions to ensure a smooth withdrawal process!
