In a market flooded with betting deals and sign up offers, it is difficult to pick and choose which deals are best for you, having to source each individual offer and compare them to which best suits your betting criteria. At MaxFreeBets we have pulled together the most lucrative and rewarding bonuses for you to snatch up, with an expert guide of how to opt-in. These deals are some of the best new customer/existing customer betting offers you will find, from notorious betting sites such as Paddy Power, Ladbrokes, William Hill and Bet365. Bookmakers like to make their betting promotions specific for certain markets, for example, some offers are only eligible to be used on football or horse racing etc. There are different bet offers for different bet types, some of the following are betting bonus types:
Best Betting Sites for 2020
Free Bets & Welcome Bonuses
Betting deals differ in the sense of who they are aimed at. Some deals are aimed at new customers which are formed as Welcome Bonuses or Sign Up Offers. Some come in the form of “No Deposit Bonuses” and others you have to deposit a set amount in order to claim your bonus. Then there are the free bets and bonuses for existing customers, also known as loyalty bonuses. However, do check the wagering requirements before accessing these types of bonuses as t&cs apply.
Welcome bonuses are a great way to kickstart your betting campaign with a bookmaker. Some can be more rewarding than others and some can be specific to your betting market, therefore would be the better option. Some bonuses are more popular than others and are commonly used, such as Free Bets and Matched Deposit Bonuses. New customer offers give you more betting chances and can be very useful in certain sporting events to get involved and experience new markets.
Existing Customer Bonuses
The best bonuses are not just offered to new customers as a way to lure them in, betting sites like to keep an equilibrium between what they can offer new player and existing players. This is an important way to show importance to existing players and make them aware that the fun doesn’t stop, even for them. The following bets are typical examples of what existing customers can get their hands on:
In this bonus sections, you can be offered anything from free bets, enhanced odds, free cash and more! Big sporting events will always have some sort of encouraging bonus offer on.
Some bookmakers will reward existing customers who continue to fund their account by giving them extra credits to allow them to play with more when it comes to betting, giving their funds that extra boost.
Particular betting sites offer weekly clubs to customers, this is a loyalty scheme which allows players to win things like free bets when they bet a certain amount per week. These offers keep up your confidence. Free Bets and bonuses keep you interested and show you appreciation as a player.
Free Bet Bonuses
Free Bet stakes bonuses are probably most peoples favourite, you can win a huge free bet amount from betting even the smallest amounts. Most online sportsbooks will award you with a free bet after you make your first deposit. You should be aware that when you place your risk-free bet, your stake is not returned if the bet wins, only the winnings are returned. The deposit you have to make in order to access the free bet bonus will have a specified min deposit amount. For example, it may be that you have to deposit £10 to get a free bet. From here there can be possible time limits to use the free bet, some bookies might tell you that you have to use the free bet within 7 days.
The Free Bet offers that are advertised on the web and through other media platforms are available not just on web casinos, but also on the mobile versions. As you may be aware, a lot of bookmakers have a mobile version of their betting site, which can be downloaded on iOS and Google Play stores. It is essential that these betting companies promote the same deals and bonuses so that you as a customer do not miss out on anything.
Types of Free Bets
Matched Free Bets
A matched free bet is the most common free bet that you will find advertised by bookmakers. A matched free bet is when the betting site matches your first bet. Bookies will normally set a minimum that players have to bet in order to get this free bet.
No Deposit Free Bets
No deposit free bets are a rarity, but possibly the most exciting form of free bets for players. It is where bookmakers will give you a free bet without you having to make a deposit. This allows you to try out their site before chancing your own money for a website you may not enjoy, that is why typically it is an offer given to new customers.
A bookmaker could set a limit of how many betting credits you can achieve, these credits are then split between bets. For example, if you bet £25, you may be awarded £25 in bet credits.
All players love a risk free bet because there’s nothing to lose. Bookmakers will back your bet and if the bet loses, you will receive your betting stake back. However, there will be a max return amount set.
Enhanced Free Bets
Enhanced betting offers encourage players to bet on results that beforehand, may not have seemed worth it. For example, you could have odds around 1/2, nut you are wanting to win big so you know that this isn’t the easiest way to do that. But the bookmaker has decided to enhance your odds and has increased the odds to 50/1. These offers are typically given to new customers. There will be a maximum betting stake, for example, £10 and the winnings come in the form of free bets, therefore cannot be withdrawn.
Deposit Bonus Free Bet
This is a free bet bonus which correlates to the amount that you deposit. For example, it could be a 100% match deposit bonus up to a certain amount.
In order to find out what to do next with your free bet winnings, you must read the terms and conditions of the bet. For most free bets, the winnings from the free bet will be credited into your account and then has to be wagered again before being able to withdraw it. Some turnover requirements can be strict, however.
|New Welcome Offer|
|5 x £20 in Free Bets|
|£50 Matched Free Bet|
|£30 in Free Bets|
|£20 Risk Free Bet|
|£10 Free Bet|
|£10 Free Bet|
|£30 Free Bet + 30 Free Spins|
|£100 Deposit Bonus|
|£30 Bonus Money|
Matched Deposit Bonuses
In some cases, bookies will replicate your deposited amount in bonuses, this comes as a percentage. So, it can be a 100% matched bonus or a 50% etc. For example, it could be 50% Matched bonus up to £100 which means that if you deposited £100, you would get a £50 bonus.
Best Free Bet and Matched Deposit Offers
Deciding which type of bonus suits you the best is the next step. A free bet is more beneficial for low deposit players. This is because some sportsbooks will offer you extremely good odds, for example, 50/1 odds on a match where there will is almost certain to only be one particular winning, therefore putting £1 on it would award you with £50 in free bets. These free bet offers normally have terms & conditions that mean you can only bet a certain amount on this offer, usually no higher than £10. This is better for low depositors who don’t want to bet high stakes. Matched Bonuses are more beneficial for players willing to invest a lot of time with this particular bookmaker and will happily deposit high amount for a matched percentage.
Some of the best free bet and matched deposit offers include:
Each sign-up offer will have different requirements in terms of activating the bonus. With free bets, there are different reward amounts depending on how much you deposit and what amount the bookies are willing to offer, free bet amounts are normally within the range of £10-£100.
The wagering requirement is the amount you have to bet in your own money before you can withdraw the bonus or free bet winnings. Often in sportsbook, you will find it’s between 1 – 4-times. The lower the better. So, for example, a 2-times wagering requirement means that if you get a £20 Free Bet, then before you can withdraw any winnings, you will have had to make bets of 2-times £20 (£40) from your own money.
The other requirement that sportsbooks normally want is a minimum odds requirement which means that you have to deposit or bet a certain amount or more in order to access the bonus. There are many more t&cs that apply, for example, payment methods, such as credit card, direct debit, PayPal and more. terms regarding whether winnings can be withdrawn or awarded as bet credits. These wagering requirements on customer offers are so important to read before activating the bonus amount offered, it is not always the case that the offer is always how it seems. Once you have placed a bet in order to get a bonus, you might not necessarily be able to get your money back or cash out so that is why it is important. Also notice that sportsbook offers and bonuses are not the same as a casino bonus, if the betting site also has an operating casino, it cannot just switch the sportsbook bonus winnings to the casino. some offers only apply to new UK customers and therefore if you are already an existing customer, you are not eligible for the bonus.
A rollover requirement typically comes with a promo cash award. You may recognise it as well as wagering requirements. They are the same as wagering requirements as you have to have to abide by these requirements to receive your cash. To put it in perspective, we will use a useful example: If you deposited £50 for a £50 matched deposit bonus with a 2x bonus, you will need to place a total of £200 of qualifying bets to be able to then withdraw the bonus. Rollover requirements can also come with expiring times, so please check the t&cs.