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What Are Free Bets? World wide the only real way for Sportsbooks to attract punters to use their online services are though offering free bets on signing up a new account. A free bet is a certain amount of money that the bookmaker offers you to place on one of the betting markets they offer. If the bet wins then you will receive the profit from your free bet but not the free bet amount that you wagered (your free bet stake). If you place your free bet on a betting event and you loose then it doesn’t cost you anything. For example if your free bet is to the value of $100 and you make a selection at $1.65 on Collingwood to win, and it wins. You will see a return of $65 only as you don’t get the $100 free bet back to use again! What can I use my free bet on? This varies depending on the bookmaker and deal. But often there are no restrictions to what you can place your free bet on. The restrictions tend to be on the bet you need to place in order to qualify for receiving the free bet. Some free bets may only be available on a specific Soccer match or race day event, like Melbourne Cup. - To ensure that you are never disappointed with your chosen free bet it is important that you review FreeBetFan first and then check the conditions of the specific Free Bet promotion on the bookmakers’ site before signing up and account.
- Keep the following questions in the back of your head when reviewing a bookmaker free bet promotion.
- Do you have to sign up a new account?
- Do you have to make a deposit and how much?
- Do you need to place a bet first before you receive the bonus?
- Will the free bet be credited to your account immediately and automatically or do you need to request the free bet manually?
- Do you need to bet on a specific sport or racing event?
- Is there a time limit on using the free bet and if yes, what is it?
- When will the free bet be available and how will it show on your account?
- What are the Turn Over requirements before you can withdraw winning from the free bet
Pick Your Free Bet - Choose a Bookmaker listed on FreeBetFan
- Go to the bookmakers site via one of the links on FreeBetFan as most of the free bet deals aren’t available if you go direct to the bookmaker site. Also with many of the bookmakers we have arranged specific landing pages where the free bet and registration details are clearer to see.
- Read and understand the terms and conditions of the free bet.
- Once you know what you need to do to get your free bet, complete the registration form to sign up an account.
- When your account registration has been confirmed proceed with completing the requests as per the terms and conditions of the free bet promotion. In most cases you have to make a deposit.
- Once deposited you will need to make your first bet - make sure you know how much you need to bet to claim the free bet amount you want. Also make sure you know what sports, events and at what odds your bet will need to be placed at in order to qualify for the free bet.
- Now find out when you will receive your free bet. Note that some bookmakers will require your first bet to be settled before releasing your free bet. So make sure you haven’t placed the bet on an event which is taking place in a few months time!
- Once your free bet has been credited to your account you can start using it immediate. Think carefully before you place your free bet. Just because its free doesn’t mean that you have to bet it just because it is there. Do your research and be disciplined to ensure you get a return and make a profit from the free money given to you by the bookmaker. Note that some free bets have an expiry date and are usually not more that 30 days from being credited to your account.
Different Free Bet Types The type of free bet promotions vary greatly and its important to understand the differences before you try and get your free bet. Deposit Bonus/ Match This is one of the most popular types of free bets that book makers offer. The Free Bet depends on your deposit amount. The bookmaker will match your initial deposit with a bonus/ free bet, sometimes much more than 100%. The free bet must be used in total on one single event but can vary from bookmaker to bookmaker Percentage Bonus Rather than a straight match bonus, the bookmaker gives you a % of your deposit free and can be used like cash. Often they will give you a 20% bonus on your first deposit up to a maximum amount. These types of free bet bonuses offer players thousands of dollars in Free Bets. Usually bookmakers require that you turn over your winnings and the initial deposit a 1-5 times before you can make a withdraw. Make sure you read the terms before you choose this free bet. Free Match Bet Bet $100 get $100 Free Bet. Open an account and make place your first bet. The bookmaker will match that sum with a free bet token. There is normally a maximum limit on the value of the bet the bookmaker will match with a free bet. The bookmaker usually specifies this by saying “Up to $100” Cashback or Rebate Open an account with and receive a % cash-back on your first bet up to a maximum amount. Some bookmakers also offer you a rebate on your losses for a certain period. For pro punters this can be vary attractive on those off periods. Rather than a free bet, your account is credited with cash! No Deposit Free Bet These types of Free Bets are very rare but they are usually given by bookmakers who are new and offer people to try out there betting product. This free bet could very lucrative for a clever and sometimes lucky punter as the returns could be very high when putting it on a multi or trifecta. Exclusive Free Bet Deals These are Free Bets that have been offered to a selected few websites or organizations. They are generally based in specific events but if a specific website with an sizeable audience approaches the bookmaker they are more than willing to offer something unique. At FreeBetFan we have negotiated free bet deals with several bookmakers. If you go direct to any of the sites advertise here you will not find a free bet with a better value. If you go via a link on FreeBetFan you can claim thousands of dollars in Free Bets. MAKE SURE THAT YOU NEVER MISS A FREE BET PROMOTION! Sign up to the Free Bet Fan Alerts. If there are any new or improved free bet promotions we will email you to inform you. We are always trying to negotiate new and better free bet deals for our users so its well worth signing up to the alerts service. Good Luck – Welcome to the FreeBetFan Club
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Free Bet Guide