Bonuses and promotions are an effective strategy for sportsbooks to battle their competition. There are dozens of different kinds of bonuses and promotions, but there is one that has the favorite word of many in it; ‘Free.’ Free bets are an efficient way for betting sites to get you to sign up for their platform. All you have to do is click a few buttons, deposit some money, and there you have your free bets. Now, everyone that has a little marketing knowledge knows that nothing in this world is truly free, but this bonus offers more than enough for you to benefit from when sports betting.
The phenomenon of free bets is more diverse than you might expect. In this guide, we will handle all the details about free bets to make sure you don’t have to look anywhere else. The topics that we will discuss are the following;
Let’s start with a literal translation of the two words that make up the term free bets;
When we put these two together you come up with the following definition for a free bet;
The definition of the term is not hugely complicated, but when looking at the different kinds of free bets, it gets interesting. Sportsbooks have been giving away free bets for many years now, that’s not where the competition is anymore. These days, the kinds of free bets that are available are different on each betting site. There are many different kinds of free bets, but the most common free bets are the following;
We will have a look at each one of them and give an example to explain how they work.
Tons of sportsbooks offer this kind of free bet, the Deposit Match free bet. Basically, you deposit money into your account, and the betting site will add a certain amount of cash. In order for you to cash in these rewards and have the ability to withdraw this bonus, most of the time, you need to meet specific criteria. Let’s have a look in this example;
You might be using the same betting site for many years now. Maybe this site has all the markets you are betting on, or you simply have no reason to switch. What if I told you that switching between betting sites can be pretty profitable? Let’s have a look at this example;
Where usually you have some rigorous conditions in terms of the rollover, the enhanced bet is an easy way of getting some extra cash. This often happens with betting outcomes that are less likely to happen. Let’s have a look at an example explaining the enhanced bets;
Losing is never fun, especially whenever there is money on the line. The back-up free bet makes losing a little less painful. There are two examples to explain how it works;
Nothing in this world, besides the sun, is genuinely free. When you are actively chasing free bets, you should be aware of some of the commonly used tactics by these betting sites. When you see the bonus of a free bet, make sure you ask yourself these questions;
With every kind of bonus or promotion, there are some strings attached. These are called the terms & conditions. In our expert guide on promotions and bonuses, we describe how to handle these terms & conditions the right way. These are the most common criteria in any kind of free bets;
An extra recommendation of what you can do when you see a free bet bonus;
You must be wondering, how do I get the best kind of free bets? In general, all the free bets that require little to no effort are the kinds of bets that you want. There’s a rare form of free bets, called the ‘no deposit’ bonus. This happens whenever a new sportsbook comes looking around the corner and wants to attract new customers. It is possible to find these bonuses but in general;
If you do want to catch these rare no deposit bonuses, make sure you keep a close eye on our bonuses and promotions page
There are so many different sportsbooks out there, and usually, the free bets bonus comes when signing up for a new sportsbook. There is not one single betting site that has the best kind of free bets, but there are many different kinds of betting sites that have outstanding free bets; check our toplists for our expert reviews. Ask yourself these questions when picking a sportsbook;
In the sports betting industry, similar to many other fields of society, knowledge is king. When you manage to find that hidden gem with all the required knowledge for your sports betting career, you will be successful. We are here to help you out on your way to reaching success. Catching the right free bets is one way of getting there. We have tons of other guides and reviews that you can consult on your road to riches. The more you know, the more you can win!
Think before placing your bets, gambling is at your own risk so be careful.
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