Free Betting Bonuses
It is rare for an online betting website not to offer free bets. We love them! Free bets allow you to try out a website for relatively little risk. In addition to this, you have the possibility to make some free cash, which is not too shabby. On this page, we are going to look at some of the types of free bet that you will encounter online. In addition to this, we will take a look at why online betting sites offer them in the first place!
What are free bets?
Well, the clue is in the name! It is free money to bet on whatever you like (normally!). The main reason as to why betting sites (and some high street bookmakers) offer them is because they want to get you through the door. For the most part, once a person starts gambling on one site, it is unlikely that they are ever going to venture to another website. This means that once the company has netted you once, they have netted you for life.
Basically, the bookmaker will benefit from handing out these free bets as much as you will. One word of warning, however. These bets will normally have terms and conditions attached to them. This means that you can’t just bet and then enjoy some free cash right away.
You will normally have to play through your winnings a few times. It is not that much hassle if you keep winning you will get your money eventually!
Sports Betting Welcome Bonuses
Probably one of the most common types of sport betting bonuses out there, that a betting site will offer you. You sign up, they give you some money. Easy as pie. There are two ways in which this type of bonus is offered:
You will need to deposit some money into your account. Normally, the betting site will ‘match’ your initial deposit, or at least give you a reward based on the amount that you are putting into your account.
Some betting sites do not even ask for a deposit. They just give you some money to play about with. The bonus is not going to be that high, just enough to get you interested in the site. Can’t complain, though. Free money is free money!
Of course, once you are on the site, they want to have you stick around for as long as possible. They want to keep you gambling. This is how the sites make their money. To do this, they will offer ‘reload bonuses’. This means that every time you top up your account by a certain amount, you will be given some free bets. We love this type of bonus. It keeps us interested in playing. Many of the top online betting sites seem to be very generous with their reload bonuses too.
If you are a keen gambler, you may be invited into the bookmaker’s VIP program. This is only for the people that are spending a lot of cash, and we mean a lot of cash (normally a few thousand pounds per month). The bonuses offered here will vary from bookmaker to bookmaker. You will be treated like a god, however.
In many cases you will be given a dedicated account manager. In other cases, you will be entered into prize draws (with a small number of people in it!) where you can win luxury prizes. Sometimes the bookmaker may send you free gifts out of the kindness of their heart. The real thing you want to be on the lookout for, however, will be your free bets. The company will love throwing these at you.
Not as common. They will be tied to specific markets. For example; you get your money back on a bet you have made if a particular event does not happen. These will vary from company to company. Many of them are still experimenting with this type of bonus. Expect to see plenty of weird and wacky free bets.
The unique thing about this type of bonus is that you only get a free bet should specific terms and conditions be met. It is safe to say, this is really going to be in the bookie’s favour.
Deposit Free Bets
This type of free bet will be tied to the method that you use to deposit cash into your account. Not that popular now, but it is worth pointing out for the sake of ‘completeness’. If you see this type of free bet, make ample use of it! To discover a full list of the latest betting offers, newest betting sites and everything else related to online sports betting, why not see what you think of these betting sites?