To tempt betting freaks to bet like crazy on their betting sites, bookmakers and online casinos offer money-spinning free bets.
In this article, we will talk about different aspects of free bets. From how they work, to different types of free bets and so on.
Free Bets – How do they work?
Free bets are mostly offered to those individuals who are new to online casinos and betting platforms to make then sign-up. The free bet can be offered in different forms, the popular form being a corresponding amount.
Once you deposited a specific amount of money into your account after registration, you are rewarded with free bets, usually matching the amount deposited by you. Sometimes the free bet amount is higher than the amount deposited by you, up to a static multiplier.
Different forms of Free Bets
There are mainly three types of free bets that are doing rounds in the online betting and gambling world. They are:
• Matched free bet
• Deposit matched free bet
• No deposit free bet
• Risk free bet
Let’s talk about each of these in a little more detail.
Matched Free Bet
This free bet is the most common and is often capped at a certain amount. For instance, if you deposit €30, your betting wallet may get credited with an amount of €60, which is 2x of the deposit money. This free bet amount cannot be withdrawn. It can only be used for your future bets.
Deposit Matched Free Bet
In this case, the free bet amount is often the same as the amount deposited by you. To receive a deposit matched free bet, it is not mandatory for you to place the bet. All you need to do is credit your account.
No Deposit Free Bet
On some online betting and gambling sites, you get welcome free bets even if you do not deposit any amount. All you need to do is register on the site and verify your details.
Risk Free Bet
In this case, the free bet is gifted only if you lose your qualifying bet.
Leverage Free Bets to Make Big Money
You’ve got free bets, now what’s the next step?
Let’s see how you can make the most of free bets to make good money!
• Keep a check on the validity of the free bets and use them before they expire
• Keep looking for keep stake free bets as they will return your initial bet amount as well as the winning amount
• Be aware of the terms and conditions associated with the withdrawal of any winning sum that from the free bet
Trending Free Bet Offers
If you want to bet and get lucrative welcome free bet offers, check out these sites and the free bet offers they are extending:
1. Paddy Power (€20 Risk Free Bet)
If you lose the amount on your first bet, it will be refunded up to €20 in cash.
2. Betway (€30 Free Bet)
Deposit €10 and you will receive a free bet based on the value of your deposit. Maximum cap – €50.
3. Bet365 (Up to €100 in Bet Credits)
Valid for new customers only.