What types of free bets are available online?
One of the first mistakes that any bettor can make is just going for the betting bonus with the highest £ attached to it. You’ve got to remember that not every online bookmaker will be offering the same type of welcome bonus. Here is a complete list of all the types of free bets available:
Risk Free Bets: First up on our sign up bonus list is the Risk Free Bet. This bonus will not be credited when you sign up. You will only get your bonus money when your first bet LOSES. So that means if youre first bet wins then you wont get a bonus. This is certainly our least popular welcome offer and kind of acts as a backup bet.
Matched Deposit Bonus: This is one of the go to casino free bets but some sports betting sites actually offer a matched deposit free bets on sign up. These types of matched bonus tend to have much harder wagering requirements so keep that in mind.
Matched Free Bet: Usually a matched wager or matched deposit type of bonus. It will be written in the T&C’s which one is on offer. These sports free bet vary massively in size with some only giving a £10 free bet such as Black type or a £50 matched deposit like Ladbrokes when you sign up and use the promo code f50.
Profit Boost: Ever wished your put more on your first bet? Well with the likes of 32red sports you wont have to. Certain bookies will boost your winnings by a certain %. Depending on the T&Cs this could be available on single bets or multiple bets.
Free Bets No Deposit: We hardly ever see these offers anymore. But these are welcome offers that require no upfront deposit from yourself.
Enhanced Odds: Over the 2014 World Cup these were all the rage. Bookies were pushing out ridiculous bets every week. It wasn’t unusual to see Betfair offering 16/1 odds on Germany to beat an easy team. While a lot rarer nowadays you’ll still see them being offered out on big events such as the Champions League, Grand National and the Cheltenham Festival.
Understanding Free Bet Offers T&C’s
The darker side to claiming welcome offers which is often over looked especially by UK customers has to be what TCs apply. These are the rules set by the bookmakers that you will have to comply with otherwise you could risk your bonus and your own money. While each site will have their own specifics terms there are some which are common across all sites:
Minimum Betting Odds: These will be the min odds that your free bet must be wagered at in order for it to count towards the wagering requirement. We’ve found that that it seems to be the minimum odds of evens for most offers.
Minimum Deposit: This is the min deposit you need to make to trigger your welcome offer before you get your bet credited to your account.
Specific Sporting Events: These are common across enhanced odds offers as they tend to be built around one specific event or selected games.
Certain Payment Methods: A lot of welcome offers can only be claimed when you fund your account using set deposit methods such as credit/debit cards or PayPal. If you use Neteller or Skrill to make your first real money deposit certain sites will not credit you with your bonus funds.
Bonus Codes: This isnt the case with all the betting offers that we’ve got listed on site. However some will require you to enter a promo code when you sign up like William Hill or Paddy Power.
Stake Not Returned: Back in the glory days of football betting you used to be able to get your stake returned. However nowadays all free bet stakes not returned in your winnings. Which is a shame but its a way of the bookies cutting costs.
Expiration Dates: Every free bet that gets claimed will have an expiry date on it. Its worth checked when your free bet expires as each bookies will have their own time limit before your bonus is forfeited.
What existing customer betting offers are there?
So you’ve claimed your free bets and now your wondering what else is there to keep you betting. Well every site has their very own betting promotions that you are able to claim:
Moneyback Specials: When betting on the football especially in the UK you’ll see a lot of money back specials going out on Premier League matches. What you’ll be getting money back for depends on the bookies. Some payout if a certain player scores others can pay out if the team gets beat by a specific amount of goals.
Best Odds Guaranteed: Horse racing betting tends to benefit from this type of promotion. If you back a horse and its starting price is higher than the odds that you placed a bet at. Then the bookies will pay out at the higher odds should it win. Expect to see this in place of Grand National free bets.
Acca Insurance: If youre a fan of betting on accumulators then certain sites will actually insure your accumulators when they include a specific amount of teams. So if one leg lets you down you’ll get your money back up to a max stake specified in the terms and conditions.