You’ve seen of that these offered at your favorite sportsbooks. Free bet deals have been attracting new customers to online bookmakers for many years and the deals seem to get better and better.
Punters love receiving these because they give them a chance to cash in big. These types of offers are usually given to new customers for signing up as well as existing customers for depositing money into their accounts.
Punters can use these freebies to start or grow their bankrolls.
There are several ways that you can use bookmaker free bets and there are many websites on the internet that explain detailed strategies that will help punters make the most of these awesome bonuses. We have some tips on how you could make easy profits from reload offers UK.
There is a great complimentary wager offer for any punter out there from the small-time recreational player to the big bettor. Finding the right deal for you isn’t hard.
Keep checking in with Gamblingjudge to find a steady stream of new online betting bonuses that are easily turned into cash.
What Are Free Bets?
These nifty bonuses are just as advertised. They are free wagers that are given out as a promotional tool to encourage new clients to join a sportsbook and to keep existing clients in the game. Free plays are usually given as part of a welcome deposit bonus package or as a reload bonus. But a lot of people prefer to use the sports bonus codes.
Most of the time, the value of a free play is determined by the amount of money a punter deposits into their real money account. For example, if you open a betting account at Sportsbook you are eligible for a sign up free bet to $100 if you deposit using a credit card and place a qualifying wager.
That means that by depositing $100 into your real money account and placing a $100 wager, you will qualify for the free bet. If you deposit $20 and wager that amount then you are eligible for a $20 free play.
Once you make your first deposit, a punter must place a qualifying bet. The wager amount will determine your bonus amount. Once that wager is graded, the bonus is automatically applied to your account. The best thing about this offer is that there are no rollover requirements. The recipient will need to use their complimentary play within 30 days.
Other free play bonuses work similarly. Sometimes, a bookmaker will give new customers a bonus play just for signing up with no deposit needed. Terms and conditions differ between bookies. It’s common that these signup free bets will have to be rolled over multiple times before they can be withdrawn.
Some online bookmakers also require the bonus plays to be bet on events with certain minimum odds. Before taking advantage of one of these promotions, make sure to understand the rules.
Best Sports Free Bet Offers in 16 May 2022 – Updated List
Can you Withdraw Free Bet Winnings?
The short answer to this is a simple “yes”. The bonus would be useless if punters weren’t able to withdraw their bonus winnings. The thing is that different online sports betting sites will make you adhere to certain terms and conditions that vary depending on both the sportsbook and the type of bonus.
In the case of a no deposit signup bonus, the bookie will usually attach some pretty tight restrictions on the punter. High rollover requirements, restricted odds, and timeframes are usually in place. It is also regular practice for bookmakers to only award the winning bet amount as opposed to the winnings plus the value of the complimentary bet.
So if you were to place a $25 free play on an event with even odds, a winning bet would net you the $25 winnings and not $50. Keep in mind that this isn’t true across the board. Some bookies have very loose restrictions.
Once a sports bettor has cleared the requirements as set out by the bookmaker, they are able to withdraw their money. If you look hard enough, you will likely find a few sportsbooks that offer match deposit bonus plays that have no rollover requirements. These are some of the best promotions out there and very worthwhile taking advantage of.
Drawbacks of Free Bets
Believe it or not, complimentary wager promotions can have their drawbacks Some sportsbooks will stipulate that the punter needs to roll over their own money a certain amount of times before they can collect the bonus. Let’s say the bettor deposits $100 into their online sportsbook account and activates a match deposit bonus play.
In a lot of cases, a punter will be required to roll over their initial deposit a few times before they can collect their bonus. This is usually a dangerous proposition. If the player is unable to meet the minimum requirements, then there is no bonus.
Bonus hunters need to be aware of these pitfalls. The best online betting bonuses allow the customer to play with house money, even if there are rollover requirements.
Another drawback is minimum odds requirements. Many online bookmakers insist that these bets be used on events that offer no less than even odds. Every hurdle that a sports bettor needs to overcome between collecting his bonus in cashing out needs to be taken into consideration when selecting the best bookmaker bonus.
Types of Free Bets
- Qualifying Free Bets
This type of bonus is usually aimed at both new and existing clients. Punters will normally need to place a certain amount of bets or wager on a specific type of event in order to qualify for the free play.
- Matched Free Bets
These are some of the most common bonuses available. Matched free bets are usually tied to first-time deposits and reloads. The value of the bonus wager will amount to a percentage of a punter’s deposit into a real money account.
- No Deposit Free Bets
These are usually small free bets that online bookmakers offer new customers for signing up. This type of free bet normally comes with a variety of restrictions but they’re great for novice sports bettors.
Frequently Asked Questions about Free Bets
Free bets are given out by bookmakers to encourage loyalty and entice a punter's custom.These betting offers are predominantly a benefit of betting online through mobile, desktop and tablet, as opposed to in betting shops.
If your bet wins, your profit will be transferred into your main wallet. The original free bet stake is not returned to you.
If your free bet wins, you also won't be able to withdraw the free bet stake, but you can withdraw any winnings from your free bet.
You will simply lose your free bet. .
Yes, free bets do expire and it is important to ensure that they are used before this happens
Other articles you might like:
- Sports betting loyalty and VIP bonuses
- Betting Offers in UK – Best UK Betting Deals & Bonuses 
- No Deposit Betting UK – Discover the Top UK No Deposit Offers  – Complete Guide
- Free Bets with No Deposit UK – How and Where to Find Them  Complete Guide
- First goalscorer markets, rules and offers
- Betting Accumulators Explained
- Easiest Sport to Bet on
- Text betting – How to bet by SMS or Text
- Reload Offers and Free Bets Bonuses