What is a Free Bet Bonus?
A free bet bonus is cash given by sportsbooks to players to reward them for either signing up or to make them continue betting with them. There are so many sports betting sites and they use these kinds or similar offers to stand out among the rest.
Free bets often come with conditions of their own on how to place the bet. These free bet bonuses usually have no risk and can be one of the many positive aspects of online betting. There are many different types of free bets that work on the same principle: get something for nothing.
Different types of free bets
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There are several different types of free bets. The most common is the matched free bet type. With this type of bet, a sportsbook will credit you with the same amount as your first ever bet, up to a certain amount, or just a percentage of the bet you've placed. Another widely used type of free bet offer is the deposit match free bet. With this offer a sportsbook matches your deposit with a free bet of the same amount or a certain percentage of the deposit amount. On the other hand, no deposit free bets, concept more common for online casinos rather than sportsbooks, are given just for registering your first account at the site. You don't have to make a deposit or place a bet whatsoever, and you are rewarded for your choice. But these can have more restrictive Terms & Conditions.
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What can I use my free bet on?
The usage of the free bet depends on what the offer that you've claimed includes and to what sports markets the free bet offer is limited. Free bets can be tied to certain markets, although most of the online sports betting sites allow using your free bet on whatever sport you like, as long as the bets is placed at specified odds. British sportsbooks, or those that tend to focus their offerings on football usually tie their free bet offers to the English Premier League or they will even limit them to a certain football match. Usually the betting slip will suggest if you can use the free bet for the selections you've made.
How do I redeem my free bet?
Gaining access to your free bet is usually easy and simple. You may need to just sign-up for a new account, or you may be required to make a qualifying deposit. A qualifying deposit may mean that you have to make a deposit using a specified payment method or it may just mean that you have to make a certain minimum deposit. Redeeming a free bet by depositing may require using a promo code too that you need to provide before or after depositing. Or, you may be required to place a qualifying first bet that you can redeem in the form of a free bet only if it was placed under the Terms & Conditions posted for the free bet offer, that usually specify at what odds the bet needs to be placed. If you've successfully fulfilled the conditions of the sportsbook, the free bet amount will be credited to your account.
Read Terms & Conditions
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Reading the free bet rules is very important. If you want to make the most out of your free bet take time to carefully read the Terms & Conditions, because they can contain valuable details about the offer that weren't presented in the promotion. There may be time constraints or a deadline for using the free bet. If it wasn't used within a certain time the free bet will be removed from your account. Also, the Terms & Conditions will tell you what is the playthrough requirement that you need to fulfill before being able to take away your winnings. All free bets have this requirement.
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Always check Terms & Conditions. Make sure you are aware of any rule that will later prevent you from immediately withdrawing winnings. This way you can eliminate spending precious time on offers that are not worthwhile your time and effort. There are loads of sports betting sites that will compete for your attention with free bet offers, and you have the power to choose which one suit you best and which one has favorable free bet Terms & Conditions.