Bonuses, rewards, points are all keywords to trigger any punter’s attention. Add the words “Free Bet” and no wonder the Free Bet Club program has gained more popularity over the last few years. Betting sites are rewarding their most engaged audiences.
Free Bet Clubs
The concept is simple: reward loyalty. And by loyalty, we mean recurring customers that meet the free bet club requirements within a period of time. Meeting these requirements would mean unlocking free bets.
We’ve seen loyalty offers applied to various business models, such as supermarkets or coffee shops – the more you spend, the higher your rewards in return.
At the time of writing this, LeoVegas is offering a weekly free bet to those who meet its current conditions. In this case, it requires placing 5 in-play bets throughout the week! For our review, please follow our link to LeoVegas.
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What Are Free Bet Clubs?
Free Bet Clubs were set up as a means to reward existing customers. When we first sign up, normally, punters can benefit from a Welcome Bonus, which is only redeemable the first time they create an account. But what about punters who continue to bet day in and day out?
This is why the Free Bet Club was created – to give its most loyal customers the opportunity to regain some of their lost winnings or to have more incentive to bet. Unlike most promo codes or risk-free bets, the Free Bet Club is rewarded on a weekly basis and requires consistency. For example, customers will need to place a certain amount of bets during the week to be rewarded with a free bet the following week. Paddy Power is a great example of a bookmaker that offers free bets.
Free bet clubs can have a variety of names, and because we do not want you to miss a single one, below we have listed some of the names that free bet clubs also use:
- Advanced Bet Rewards
- Weekly Free Bet Clubs
- Weekly Bet Rewards
- VIP Rewards Club
- Bet Loyalty Clubs
The Free Bet Club is found in many variations and is increasingly popular as punters appreciate being compensated for their time and money being spent on a betting site – just like a complimentary gift, this shows appreciation and furthers the punters’ chances of winning. Below we have listed some of the free bet clubs currently available:
- Betway Free Bet Club
- Paddy Powers Reward Club
- VIPP Rewards Club
Pros of Free Bet Clubs
1. More Free Bets
Unless the terms and conditions of the promotion are outlandish, we can’t imagine a scenario in which a player or punter would give up on a free bet. This could be in the form of a reimbursement or bonus addition, and therefore we are all for it. Free bet clubs or rewards clubs typically require customers to wager a certain amount of bets within a week to qualify for the free bet rewards. This is called a typical qualifying week. The more Free Bets, the happier we all are!
2. Available to Existing Customers
Customers that have signed up are generally forgotten. And this happens across many facets of life – it’s about signing you up and not about keeping you around. In this case, Free Bet Clubs reward returning customers, returning punters who can take advantage of being an existing users.
3. Insurance
Having your bet covered is always a good thing. Ideally, our losing bets are always reimbursed, and our winning bets are always paid out. It’s not the case, unfortunately, until now. Free Bet clubs reward existing users, giving them the insurance they need to place bets more confidently. The point is, your bet might win, and your profit. If it doesn’t, it costs you nothing.
4. Something for Everyone
Existing customers come in all forms, and therefore several promotions will appeal differently to audiences. It also means that existing users can become more familiar with other sports, markets, and types of betting and hence grow their knowledge in a different area. Free bets are very versatile as promotions go, as they can usually be wagered on all types of bets as long as the selection has odds of evens or greater. Whether you want to place singles on horse racing or accumulators – there are very few limitations.
5. Testing
Both the betting site and the punter can make good use of this opportunity to understand the popularity of a sport or market. Equally, to test out a strategy which could ultimately leave you out of pocket versus trying out a football betting system or strategy with bonus or free bets. Testing theories or strategies can be even more beneficial than a sure win – as the benefits of a strategy can outweigh those of a sure win.
6. Rewarding
One reason why free bets are so popular amongst punters and the biggest bookmakers is their rewarding nature. For an individual promotion, free bets are some of the most generous promotions punters can claim, as it offers them free bets to wager however they wish. That said, there are plenty of other quality promotions, so make sure you look at the list of available examples.
What Is The Catch?
Like all good things in life, there generally is a catch, and we won’t mince our words out of true transparency. Free Bet Clubs are occasionally used to re-engage customers who may not necessarily be as active. It incentivises customers to try different sports and perhaps increases their interest in other areas. Therefore, whilst it is favourable for punters to receive these Free Bets and rewards, the thought behind it is to increase the rate of pay per punter or appeal to other areas of the betting site.
Generally, however, this isn’t the case. The process is to reward users for their loyalty and generosity, and whilst some promotions may come with unfavourable terms and conditions, the gesture remains the same. If we can advise you to follow any information from all the above, it would be the following; always check the terms and conditions to ensure you are not surprised at a later stage. Some of these promotions may have wagering requirements or have to be placed on specific scenarios, thus limiting the use of the free bet.
Like any promotion you claim and want to use on bookmaker’s platforms, there are key terms or terms and conditions you will need to adhere to. You can always find the key terms and conditions available to be read on bookmakers’ sites. The key terms and conditions will stipulate important information regarding qualifying bets, qualifying deposits, accumulator bet/selections rules, time limits and restricted markets.
Whether you find your free bet attached with betting requirements, minimum deposit and minimum selection amounts or not, we advise you to take advantage of these offers regardless. Fans of accumulators/accas often take advantage of free bets and use them to make accumulators with high selection odds.
Reassuringly, all the betting sites and bookmakers we promote are regulated by the UKGC, so you may bet confidently. We ask that you exercise caution with any websites outside this jurisdiction when playing from the UK.