Definition of a Free Bet: How Many Types Are On the Market?
Free bet offers are among the instruments bookmakers use to attract new customers or stimulate existing customers to increase their activity. Generally, they come as a fixed amount deposited in a player’s account after the first deposit or as a percentage of that first payment.
Besides welcome bonuses or sign-up bonuses, bookies offer other types of free sports bets to reward players’ loyalty. So, let’s dive in more deeply to understand how they work and how many categories of free bets are available.
How Do Free Bets Work?
As mentioned earlier, in most cases, a free bet is linked to the sign-up process for a particular betting platform. In all cases, the free bet sign-up offer comes as a fixed fee the new user can bet or as a percentage of his first deposit.
Often, a free bet comes with specific requirements, like the minimum odds you can use it on or the minimum value of your first deposit.
Our Advice: Always ensure you read and understand the free bet’s terms of use. As these can differ from bookie to bookie, mastering all the requirements will help you maximise any eventual profit.
Types of Free Bets Offers
To help you understand better how they work and depending on these requirements, we can divide the free bets into several categories.
Betting amount matched
Some bookmakers prefer to motivate their users to place significant bets at the beginning of their betting adventure. To do this, they condition the grant of their free sports bets on the value of users’ first bet or bets.
In essence, the bookie will match a specified number of bets made after opening a new account with the same number of free bets of similar value.
Free betting credits
This is another strategy that aims to attract as many new customers as possible. The lack of conditions needed to obtain the benefit is its aim. Basically, to receive the free bet sign-up offer, all you need to do is open an account with that specific bookie and make a deposit, regardless of its value.
No deposit needed
Similar to the ones described earlier, these offers are even more accessible. The free bet no deposit offers require only opening an account, which instantly activates the perk.
A fixed amount is added to your first deposit
Some other bookmakers don’t care what amount you invest initially and only want you to play and discover their platform. To do so, they want to attract people to start the action as soon as possible.
So, they require a deposit, regardless of its amount, before they grant their offers. No matter how consistent the first deposit is, each user will receive the exact value of free bets.
Choosing your Best Free Bet Offers: Tips to Pick What Suits Your Needs
Regardless of your betting experience, it’s mandatory to understand the terms and conditions of the free bets today. Coming in different shapes and forms, the T&Cs can make a substantial difference in your profits using them.
Having years of experience that honed our skills, our team of experts compiled these factors into specific categories. They will help you quickly identify the best offers and avoid the ones that can provide a more significant challenge than the ones you desire.
Understand the Free Bets Conditions: Mastering the Rules and Requirements
Many overlook or undervalue the terms and conditions page, but that is where you might find some crucial secrets that can guide you towards no-risk winnings.
We know how boring most T&C areas can be, but skip to the ones discussing the requirements needed to receive or use the offer. This way, you can quickly identify the ones that best serve you.
Deposit
When it comes to free bets, your first deposit is generally the reference, but in some cases, we can talk about the first three or even five deposits. To be more exact, a bookmaker will reward its new users with free bets amounting to a user’s first deposits or a percentage.
From our experience, the minimum required amount is £10, but it depends on each bookmaker, another reason to keep an eye on this page.
Expiration Date
Be very careful, as all offers of this kind expire. They also might have two parameters. The first one is for the acceptance period because some are not added to your account instantly, and you need to accept them.
Based on tendencies we observed during our activity, this is generally in the 1-3 day spawn, so make sure you carefully check the T&Cs.
The second one refers to the interval until you need to use your free bets. This can also vary, from 3 to 30 days. So respect those requirements, or your offers might become inactive.
Our Advice: When it comes to the expiration date of your free bets, make sure what it refers to. Sometimes, it can be the date you place your bets, while in other cases, it can refer to the date your selected sporting events conclude.
Odds
Since we are working with odds, some bookmakers prefer to increase the risk to neutralise the chance of a winning free bet. To do so, they limit the odds interval you can use your offers on.
Some of them restrict the usage only to accumulators so that you might have a minimum odds per line condition, which, in most cases, will be around the 1/3 mark.
The other limit refers to the final odds of an acca, and the general requirements are generally around the 1/1 (Evens) mark.
You are in the right place if you want to make the most out of it and combine the best free bet offers with the market’s highest odds. BetOnValue distinguished itself as an odds comparison market’s top player and, through this page, also provides some fine offers from respectable bookmakers.
Sport
Most bettors are out there hunting for free football bets, which pressures bookmakers to find ways to diversify their users’ activity. To do so, they might restrict what sports you can use certain offers on.
So, ensure you are familiar with the disciplines to which your offers apply.
Market
Another tool some betting sites use with free bets to expand users’ activity is related to the betting markets. In recent years, plenty of bookmakers have innovated in this sector to attract more players.
With plenty of markets at your disposal, it’s possible to be less familiar with some of them. That’s why you should read the T&Cs to ensure your no deposit free bet applies to a known market.
Wagering
Wagering is the number of times you need to use an offer before you can withdraw the potential profits you made with it. Sometimes, you might be charmed by an immense free bet without deposit.
At a closer look, you might realise that the wagering is unrealistic, as there’s an immense difference between an x1 (one bet) or x2 (two bets) wagering and an x8 one (eight times).
Normally, the no deposit free bets come with harsher requirements, but this will also force you to play them carefully. By doing so, you will also have more time to test the platform.
Our Review Process for Betting Sites With Free Bets
Since the beginning, our mission at BetOnValue has been to create a safe and friendly environment where users can enjoy sports while betting. We also strive to offer the best tools to help punters improve their profits.
The professionalism of bookmakers influences a large part of our betting journey. As an odds comparison website, we offer a varied selection of bookies to provide our users with as many options as possible.
Especially when talking about the sure bets and value bets sections, having as many bookmakers as possible on our website is mandatory to ensure everybody can benefit from these services.
Our users’ safety is paramount, so we use plenty of security filters until we display a specific bookmaker on our website. Among these are the following:
- Payment security - we ensure the betting sites we work with use secure tools to make the transactions. Also, we collaborate only with bookies that are serious with their payings and don’t delay without a solid justification for prizes’ reimbursement;
- Website/App Security - during these times, plenty of entities seek to gather as much personal information as possible, sometimes without user permission. We try to make sure that your data is safe;
- Licences - All bookmakers need a valid licence to operate in each territory provided by the gambling authority operating in each country. We always make sure we promote only bookmakers with a clean history from this point of view;
- Responsible Gambling - Being among the sensible subjects, responsibly gambling is at the top of our priority list, and the bookmakers we promote should follow our lead;
- Deposit/Withdrawal Limits - To have an adequate experience while betting, you should be able to set some spending limits, so all bookmakers we work with will offer you this option.
Getting the Free Bets No Deposit: Maximize Your Profits With Zero Risk
Leveraging free bets with no deposit requirements can be an effective way to enhance your betting experience while minimizing financial risk. Here’s why this type of bet is advantageous, especially when approached with expertise and awareness:
- Zero Financial Risk: By using free bet sign up offers, you place bets without risking your own money. This allows you to explore different betting strategies safely, making it an excellent option for both new and seasoned bettors.
- Evaluate New Bookmakers: Free bet without deposit offer is an ideal opportunity to test out new bookmakers without committing financially. You can assess their platform, odds, and features to determine if they align with your betting style.
- Potential for Real Profits: Although you’re not investing your own money, the profits you earn from these bets are real. With an informed and strategic approach, you can maximize these opportunities for tangible gains.
- Educational for Beginners: For those new to sports betting, no deposit free bets provide a risk-free learning environment. You can familiarize yourself with betting markets, understand how odds work, and gain confidence without any financial pressure.
- Bankroll Boosting: Experienced bettors can also benefit from this type of incentive as a way to enhance their bankroll without additional investment, allowing for further strategic betting.
To maximize the benefits of these offers, it’s crucial to rely on trusted sources that provide up-to-date and accurate information about the best free bets available. On our page, you’ll find a curated list of reputable offers, thoroughly reviewed for fairness and transparency.
When selecting a no-deposit free bet, consider the bookmaker’s reputation, terms and conditions, and any wagering requirements. Understanding these aspects will help you make informed decisions that align with your betting goals. By following these expert tips and utilizing our well-researched recommendations, you can confidently claim your free bet and enjoy the excitement of betting with zero financial risk, all while maximizing your profit potential.
How to Claim Your Free Bets as a New Customer?
For inexperienced bettors, betting can be overwhelming, as it’s an activity that comes with many new details one should learn. Don’t worry, though, as we are here to make this journey as smooth, safe and fun as possible.
Some bookies make it simple for their customers, offering free bet offers as soon as you sign up, make your first deposit, or place the first bet, depending on the circumstances.
Others prefer to walk you through their website, and you should go to the “Offers” section of your account to check the available offers and pick one (or more) from there.
Remember: Always carefully read the terms and conditions to understand what you are signing up for.
Sometimes, you will receive a promo code once you sign up or even before that. You should use it to benefit from the free bets today.
Recent Sporting Events That Could’ve Transform A Free Bet Into a Fortune
Generally, the free bet’s values aren’t as high as some would wish. However, considering this is a risk-free offer, trying to place bets with greater value than you would in general might be beneficial.
During recent years, there were several instances where sporting events provided numerous opportunities to build up great accumulators. Let’s see some examples:
2023/24 Premier League, Round 33 (Football)
Before this round, the PL rankings had Arsenal, Manchester City and Liverpool all within three points, fighting for the title. So, all three PL giants were carefully taking their steps, with Aston Villa and Tottenham battling for the fourth place.
To top it off, the battle for the last European Cup places was intense, too, with Manchester United, West Ham, Newcastle, and Chelsea all involved in that race.
Two big surprises came on Arsenal’s and Liverpool’s home turfs. The Gunners were stunned by a mighty Aston Villa (2-0), whilst Crystal Palace managed to provide the shock by winning at Anfield and shattering Jurgen Klopp’s dreams for a good-bye PL title. The odds for both victories were around 12/1 (13.00 or +1200) mark.
Euro 2024, Round 1 & Round 3 (Football)
2024’s football summer was one to remember, if not for the level of football presented by the 24 teams involved in Euro 2024’s matches, but for the great winning odds provided by this magnificent tournament.
During the group stage’s first and last rounds, we witnessed some great clashes that ended unexpectedly. For us bettors, this was a great chance to make some significant profits using bookmakers' sign-up offers.
Round 1 enormous winning odds:
Round 3 tremendous winning odds:
2024 ATP Monte Carlo, semifinals (Tennis)
Novak Djokovic was searching for his 2024 maiden title and also for redemption against the new ATP king, Jannik Sinner, who had just beaten him in the Australian Open semifinal.
The two were clear favourites before the Monte Carlo semifinals, and they were up to play against Casper Ruud and Stefanos Tsitsipas. Two consistent clay-court players, the Norwegian and the Greek, had enormous odds to win.
But they managed to defy them and set up for an unforeseen final, as Ruud got past Djokovic in three sets and made a mockery out of the 2/1 (3.00 or +200) odds, whilst Tsitsipas turned green odds of 5/2 (3.50 or +250) against Sinner with his three sets victory.
2024 ATP Canada, quarter-finals (Tennis)
Another 2024 Masters Series tournament that offered us some great chances to capitalise on the best free sports bet was the Canadian Masters. Held in Montreal, this was the first Masters 1000 tournament since the 2012 Paris Masters, when three unseeded players reached the semifinals.
With Novak Djokovic and Carlos Alcaraz missing from the draw, Jannik Sinner was the unanimous favourite. During his first two matches, the Italian easily cruised past Borna Corci and Alejandro Tabilo.
Reaching the quarter-final stage, Sinner was up against Andrey Rublev, the no. 5 seeded Russian. With only one defeat during their past six head-to-head encounters, the world no. 1 was the huge favourite, with odds of 1/5 (1.20 or -500) for a succes.
Rublev didn’t take that into account and managed to grab a hard-fought three-sets victory, priced at almost 4/1 (5.00 or +400).
Another huge upset was Sebastian Korda’s victory against Alexandr Zverev. With a significant rankings gap in his favour, the German was the big favourite.
It seemed like it didn’t matter for the American, who cruised towards victory, doing great business of the 11/5 (3.20 or +220) odds registered for his success.
The eventual champion, Alexei Popyrin, was also among those who provided an excellent opportunity for a significant profit. The Australian beat Hubert Hurkacz and provided us with a nice 3/2 (2.50 or +150) winning odds.
UFC 300 (MMA)
The greatest UFC card in recent memory had some impressive battles that finished with the underdog victory. Among these, some worth a special mention:
- Max Holloway defeated Justin Gaethje (Odds: 3/2 / 2.50 / +150)
- Jiri Prochazka defeated Aleksandr Rakic (Odds: Even / 2.00 / +100)
- Renato Moicano defeated Jalin Turner (Odds: 2/1 / 3.00 / +200)
2023/24 NBA Regular Season, last day (Basketball)
NBA is another provider of great winning odds to use with our offers, and the 2023/24 regular season's last day is a testament to that. Considering the teams involved and the odds, let’s look at some nice opportunities:
- Cleveland Cavaliers - Charlotte Hornets 110-120 (Odds: 13/2 / 7.50 / + 650)
- New Orleans Pelicans - Los Angeles Lakers 108-124 (Odds: Even / 2.00 / +100)
- Minnesota Timberwolves - Phoenix Suns 106-125 (Odds: 5/4 / 2.25 / +125)
Leveraging Free Bets No Deposit: Strategies for Sports and Casino Players
As we know it, gambling has two main branches: sports betting and casinos. It’s important to understand that both types of players can benefit from bookmakers’ offers, even though they are somehow different. Here are some attributes you should take into consideration:
Wagering
As mentioned earlier, wagering can play a big part when players try to extract the most from their offers. In sports wagering, the wagering parameter is under x10, which indicates how many times you should play a specific free bet to make a withdrawal.
Conditions are different for casino offers. Since the games are more volatile, the wagering parameter is more challenging, sometimes going as high as x30.
Deposit
Sports bettors must make a deposit to take profit from the bookmakers’ offers in most cases. Sometimes, they also need to place at least a bet or even more to benefit fully from those promotions.
When talking about casinos, things differ. First of all, hundreds of games are available, and bookies aim to make you try as many as possible until you find the one you enjoy.
Also, when launching a new game, they might offer free bet no deposit bonuses to promote it. So keep an eye on our no deposit bonuses collection to get the latest updates on the most recent offers filtered by our team of analysts.
Learn How to Gamble Responsibly With the Free Bets
Player safety is paramount in every activity, especially gambling. At BoV, the value inserted in our name comes from the benefits we provide for our users and the care we try to treat our community friends with.
Living in a time where mental health is a hot subject, it’s imperative to know some principles that differentiate a recreational player from one that is at risk. Let’s go over a list of DOs and DONTs to help you identify what kind of player you are: