Free Bets & Betting Promotions – 2023

What exactly is a free bet?

A free bet is a one-time bonus of a certain amount offered by bookmakers to encourage player loyalty. This promotion can only be used to place a bet with the bookmaker that sponsored the promotion and cannot be withdrawn as cash.

To use a free bet offer, you must first fulfil the bonus requirements. Signing up as a new player with the bookie, registering a valid payment method and transferring funds into your account, or making a wager on a certain sporting event are all examples of this. Check the terms and conditions carefully.

What are Free Bets and how do they work?

In the UK, players who take advantage of a free bet offer are normally obliged to open a new account with the bookmaker, as these offers are intended to recruit new clients. Depending on the type of bet, users should receive the betting offer either immediately after signing up or after fulfilling the bonus requirements – such as making a deposit or betting on an upcoming sporting event.

If the free bet wager is successful, it is important to note that the profits do not include the stake money. For example, if you place a £10  on an outcome with odds of 3/1, you will receive £30 in winnings rather than £40. Furthermore, most free bet offers include a time limit, which means they must be redeemed within a specific time frame, such as 30 days.

How do you obtain Free Bets?

As part of several promotions, online bookmakers provide players with free bets.

Among the most common are:

  1. Welcome offers when you register a new betting account – in order for your account to be credited with a free bet, you must make an initial deposit of between £5 and £10.
  2. A Free Bet Club — you’ll get a this offer if you place a certain number of regular bets, such as four accas in a week.
  3. Insurance Offers – wager on specified events and if you lose but a certain scenario occurs, you will receive your stake back as a free bet up to a set amount. For example, if you wager on football and it ends 0-0, you will receive your stake back as a free bet of up to £10.

We have worked with the biggest names in sports betting to bring our visitors the largest range of free bets and enhanced odds offers available anywhere.

Is there a variety of Free Bet offers?

Yes, bookmakers provide a variety of options. The finest free bet offers are typically supplied by the big companies, such as Bet365 and Paddy Power, because they have the resources to offer very competitive promotions to new players. The following are the most common forms of free bets: matched free bets, matched deposits, enhanced odds bonus, no deposit free bets, and stake not refunded bets.

  • Stake not returned (SNR) – this is the most popular sort of free bet. This means that you will only receive the earnings from the bet, not the stake itself.
  • Matched free bet – frequently given to new players. This indicates that the bookmaker will match your stake, making a £25 wager into a £50 total bet.
  • Matched deposit — when a bookmaker doubles a player’s deposit into their casino account, the player receives £60 to play with.
  • Enhanced odds bonus – Usually offered to new players, these incentives give better odds on a sporting event than is normally available, so 8/13 odds become 33/1.
  • No deposit free bets – regarded by many to be the best free bet, this is a complimentary bet given to players without the requirement to make a deposit or wager.
  • Free Bet Sign Up Offers – In general, free bet offers for new customers are pretty straightforward, with a minimum deposit limit triggering a free bet offer that is active once your first qualifying bet is completed.
  • Risk Free Bets – However, free betting companies can use their new client promos to operate as risk-free bets and consolation prizes, in which you will receive a free bet credit if your initial wager loses.

Bonus Offers vs. Free Bet Offers

With so many bookies on the market, all of which offer appealing sign-up bonuses to new clients, it can be difficult to select the best free bet deals. On the surface, Free Bet Offers and Bonus Offers may appear to be the same thing, as both are frequently offered by bookies to new clients.

However, there are a few distinctions between free bet offers and bonus offers that bettors should be aware of when joining a new bookmaker.

Bonus offers operate on the same principle as free bets: place a wager, and once the bet is settled, a bonus sum is applied to an account. The important difference with bonus offers is the freedom they provide punters by allowing them to be broken up and used as several wagers, making them perfect for new gamblers.

For example, if you take advantage of a ‘Bet £5, Get £20 in Bonus Bets’ promotion, you can utilise the bonus to place one £10 bet, another £5 bet, and five £1 bets (assuming the TnCs allow you to place small bets). The bookmaker may also give bonuses that are solely redeemable on other products such as casino, bingo, and poker.

The incentives for sportsbook betting are simple to utilize, but make sure to read all of the terms and conditions for online slots and casino free bets.

All of these offers are intended to entice bettors, and at freebets.co.uk, we are always on the lookout for the greatest free bet and bonus deals available.

Is the ‘Free Bet’ Really a Free Bet?

The term “free bet” refers to the fact that when using one of these deals, punters do not have to part with any of their own money. Stakes are covered by free bet tokens rather than their betting balance.

The problem with a free bet is that there is nearly always a cost involved before you can earn one, and most free bets cannot be cashed out.

Whether it’s a qualifying bet, a first deposit, or membership in a free bet club, it’s critical to understand what’s necessary before your free bet bonus is granted.

Comprehending the Terms and Conditions

When it comes to free bets available to UK bettors, the most crucial piece of advise we can provide you is to read the terms and conditions. Free bet promos are used by bookmakers to encourage clients, but they are always subject to terms and conditions.

The terms and conditions are normally listed in small print below the primary details, and the crucial terms to look out for are:

  • Timeframe – After receiving a free bet, you normally have seven days to spend it. Make sure to do so, or else the free bet will be deleted.
  • Winnings – In a few, exceptional cases, free bet offers may impose a limit on the amount you can win using your free bet credits/tokens.

Other terms and restrictions include: • Minimum odds requirements; • Who is eligible; • Minimum deposit amounts; • Accepted and limited deposit methods; • How and when free bets are awarded; and • What types of bets (singles, multiples, etc.) are eligible.

If you have any questions about the free bet sign-up terms and conditions, we recommend that you contact the bookmaker’s customer care team before participating in the promotion campaign.

Tips and Strategies for Selecting a Free Bet Offer

The most obvious free sports bets to pursue are the largest!

For a long time, betting sign up offers were referred to as ‘matching bet offers,’ in which a first-time deposit/ would be matched with an equal amount as a free bet bonus.

However, they now come in a variety of shapes and sizes. We believe that the larger the size or number of free bets, the better, but there are a few factors to consider:

  • How much do I need to deposit in order to receive the largest free bet bonus?
  • Will my free bets be credited to my account right away?
  • What are the time limits for placing my free bets?
  • Are there any actual limits to the amount I can win?
  • Do I have to put more bets before I can withdraw my free bet winnings?
  • What is the smallest deposit required to activate my free bet?
  • What sports, events, and market types are covered by my free bets?
  • Is the bookmaker in my country completely licensed and regulated?

What Are the Benefits of Free Bets?

Because free bets are risk-free, a punter can be confident in backing long-odds picks with the potential for large returns.

What are the Drawbacks of Free Bets?

Free bet offers are a mainstay of free betting sites, but they do have some drawbacks, such as:

• The stake is not returned from free bets

• Qualifying criteria can be difficult to meet

• Limitations on the markets and bets you can place

• Punters almost always have to pay something before getting a bonus of this sort

• Terms and conditions are sometimes difficult to understand

License and Security

Free bets are no different than cash bets (except that your free bet stake is not returned in any winning payouts) and thus fall under the same general terms and conditions of your bookmaker, which is licensed by a reputable organization such as the UK Gambling Commission or the Malta Gaming Authority.

Furthermore, we promote responsible gaming and firmly support organisations such as GamCare and Gambling Therapy that provide assistance to people who may get afflicted by problem gambling.

Terms and conditions for free betGeneral Terms and conditions for the Free Bet offers

It is very important to check the terms and conditions of the  offer. Usually players ignore these things, but we cannot stress enough how important it is and they really make the difference.

One account per user: You are not allowed to have multiple accounts at the same bookmaker, you will get banned and lose your profits.

Minimum Deposit: You need to make a minimum deposit in order to qualify for a sign up free bet.

Wagering Requirements: You need to complete the rollover in order to be able to withdraw your winnings.

Sports Markets: Be sure to check which markets and sports are eligible for your free bet rollover.

Specific payment methods excluded: Some bookmakers might exclude some payment methods like Netteler or Skrill.

Promo Code: some bookies might require you to introduce a promo code in order to get your free bet.

Expiration date and qualifying period: You need to complete the wagering requirements in a time period  defined by the bookmaker.  Qualifying period means that you have to place your bet before or during the event on offer.

Where Can I Find the Best Free Bets & Sign-Up Bonuses?

Onehundredgamblers.com  is your one-stop shop for the most recent free bets, bonus codes, and boosted odds offers to aid you in your fight against the bookies!

As a new user, you can take advantage of any free betting offers that we feature every day, including as matching bonuses, better odds, free bets no deposit incentives, and others. We surf the Internet and compile a list of the most recent free bet exclusives so you don’t have to.

Existing Customers Can Get a Free Bet

As a current user, you can and will receive free football bets or free sports bets for a variety of reasons.

  • Free Bet Clubs – Many companies have ‘bet clubs’ where you may get a free bet every week if you put a particular number of bets in the preceding seven days.
  • Reload Bonuses – If you are reloading your online account with cash, your online bookmaker may have a random free bet bonus offer that is triggered when you make a new deposit.
  • Consolation Prizes – It is not uncommon for continuing promotions to include free bet concessions. Existing clients are frequently awarded free bets when their horse is beaten into second place by a favourite or falls in the last flight of a race. Another example in sports betting is that if your player leads a Grand Slam tennis match by two sets but loses, you can earn free bets.
  • Justice Payments – Many free bet offers entail ‘fair play,’ so if you back a horse who posts himself in the stalls at the start or weighs in light after the race, you may be compensated with a free bet.
  • Loyalty Bonuses — Frequent bettors are frequently rewarded for their loyalty with free bets.

How to Get Free Bets & Sports Betting Bonuses as a Welcome Bonus

If you claim a free bet as part of a welcome offer, the offer is normally credited to your account once you’ve created an account and placed your first ‘real money’ wager for the amount mentioned in the offer.

You can then normally use it on any sports bet, though there may be restrictions on the minimum odds or a requirement to place a particular number of bets for a certain amount before making a withdrawal.

Offers and terms might differ significantly depending on the bookie and the exact offer, so using a  site like onehundredgamblers.com allows you to locate the greatest deals in one place rather than having to do all of the searching yourself.

The Grand National is by far the most bet-on horse race in the UK and Ireland.

My siblings have no knowledge of horse racing but will always bet on one of the runners. I’m sure there are similar stories all throughout the country about casual gamblers becoming involved, and, surprise, surprise, bookies raise their free bet offerings when they realise there are casual punters around.

With this kind of context, the Grand National is a perfect event to pick up amazing free bet offers, whether you’re an experienced bettor seeking to eke out an additional percentage point on your ROI or you just want to place a tenner on the jockey with the fanciest silks.

We’ve written a lot more about the National and horse racing betting sites in general on our dedicated racing website, which you can view by clicking the link below:

Conclusion

Free bets are, naturally, one of the most popular sorts of betting promotions available. As we’ve shown on this page, you don’t have to go on TV like Kim Kardashian to obtain free items – the UK’s online bookies already have you covered with free bets.

Just promise me that you will always read the terms and conditions before proceeding with any of the above-mentioned deals!

Free Bets Frequently Asked Questions

Is it possible to cash out a free bet?

A free bet, unlike a wager placed with cash, cannot be cashed out before or during the event.

Do free bets ever expire?

They almost always do. Skybet is the only company we know of that offers no-expiry-date free bets. Typically, betting sites have a 7-day time between when a free bet is granted and when it expires and is deleted. You can, however, put a free bet on a long-term event like the FA Cup of the Cheltenham Festival.

What Is the Meaning of Paid in Free Bets?

In some cases, rather from paying winners in cash, free bet credits / bonuses are employed as a payment mechanism. Because the earnings from a free bet do not include your stakes, f bonuses are less valuable than actual cash.

Can you profit from free bets?

If your bet succeeds, you can profit from free bets just like any other sports bet. Although you will not be reimbursed for your stake, you will be compensated for your profits. The greater the odds, the greater your chances of winning.

What is the best way to use a free bet?

When you’ve made your decision, simply select/click it, and it will display on your betting slip. Typically, you will notice a little button or checkbox that says ‘Use free bet bonus’ or something similar. Simply click here before confirming your bet placement if you want to use your free bet.

Is it possible to withdraw money from a free bet?

A free bet or free bet bonus balance cannot be withdrawn as cash, however wins from a free bet can be withdrawn.

What exactly are betting bonuses?

A betting bonus is a popular incentive provided by bookmakers that matches your first deposit up to a particular percentage, usually no more than 200 percent. This is effectively a matched deposit free bet, but it’s critical to read the complete terms and conditions before redeeming any betting offer, as there’s usually a restriction on the deposit amount a bookmaker will match (e.g. up to £100).

What exactly is a risk-free bet?

A risk-free bet is one in which you may place a wager knowing that even if it fails, you will still receive a portion or all of your stake back. The amount you receive varies on the risk-free bet limit; for example, some bookmakers may only return 50% of a lost bet, while others may return 100%. Risk-free bets are especially appealing to new players because they are available on all sports and bet types.

Michael Adams
Experienced writer in iGaming Industry. Worked for the big companies in the industry, now I took the challenge to grow with a new company and a new website. The future is bright and I am happy to be part of it!
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