Free Bets are used by almost all online bookmakers these days in order to attract more customers. There’s benefit for both bookmakers and punters from free bets. While bookmakers are trying to attract more customers in stiff competition, punters benefit from this battle by getting some free money and a little help in building their bankrolls.
There are various types of free bets and we will try to explain them in this article.
Some bookmakers are offering “Deposit bonuses”, where punters who register with specific bookmaker get bonus on their first deposit, which vary from 20% to 100%.
Another variation of free bets is “Matched free bet”. Matched free bet is kind of promotion where bookmakers match punter’s first bet with the same amount, typically up to a maximum of £10-£50.
Lately, there is another type of free bet introduced, and that’s a “No Lose First Bet”. If you score a winner in your first bet, you will normally collect your winnings, but in case of failure, you will get the second chance and get another bet (equal to your initial bet) for free.
Apart from free bets, no lose bets and deposit bonuses, bookmakers offer other types of promotions, such as “Money Back Specials” on particular event, “Best Price Guarantee”, and others.
But as you might already know there is no free launch. Most of these promotion types have strict rules, and in order to benefit from bookmakers’ offers, you have to be smart and careful. If you’re a punter, you know that bookmaker is your enemy, but if you’re playing by their rules, you can take advantage of their offers.
Pay attention to all the terms and conditions when opening account with an online bookmaker, from details such as your country of residence (not residents of all the countries are eligible for all bookmakers’ promotions), payment methods (some payment methods also could be ineligible for a free bet, for example Skrill or Neteller in some cases) to details such as minimum odds, sport or bet type (in some cases you could miss on your free bet if you placed your bet at odds of 1.75 and your bookmaker clearly stated in their T&C that qualifying bet must be at least 2.0, etc).
Anyway, you can get much more from your online betting by getting free bets from online bookmakers. Be smart and careful, and you can boost your betting bankroll easily with £1000 in Free Bets when you open accounts at several online bookmakers