Today, many folks resort to online betting. A great deal of players seek out insider info and opinions or comments in gambling forums, especially when there is an upcoming game. And the best part is, you don’t need to spare a penny to see how your bet goes–that’s possible with the use of free wagers.
So what’s a free bet/wager?
A free bet/wager is specifically a bonus stake that a betting platform offers to you when you register as a new player. You have to place a deposit to your account first to get your free bet. In case your wager has lost, you can get the value of that lost bet back.
In the majority of cases, the funds given from the online gambling platform are subject to guiding and withdrawal terms. You can’t for example cash them out from your account a few minutes after getting them.
Also note that a free bet/wager and a free bonus upon signing-up and making a deposit is not the same.
A typical bonus is a specific amount of funds you’ll grab when placing your first deposit. There is a certain % matching your deposit in each bonus–in some this may be 50% of your bonus extra, in other cases it can be 100% or even 200%. A free bet on the contrary, implies that if your placed bet loses, the value of that lost bet will be returned to you.
What kind of offer is more prestigious?
This is a tough query to answer for sure as there are different kinds of players. But between the above two options, there is no better or worse as each has strengths and weaknesses. By using a free wager, you have the chance to add a good amount of funds on a single ticket and be covered if that wager doesn’t win. If it does win, you can withdraw a large amount of funds from one shot.
A typical bonus is granted on the first bet regardless of the outcome–you cannot though collect any large amount of funds in one shot but you have to keep adding funds to continue playing. A seasoned gambler may prefer this special as the rollover comes out more naturally.
But as it happens with every bonus, the free bets special has both strengths and weaknesses.
Here are the positives sides to it:
-All newly signed-up gamblers can reap a free bet or a 100% deposit matching bonus
-This 2X the value of your betting, as opposed to traditional brick and mortar bookies bonuses
-If you are a seasoned player, the bonus will vary a bit
-Those that do not have experience with live online betting, will find the free bet special very helpful. You can place a small sum of funds and use your bonus to get yourself familiar with the kinds of wagers on offer.
The weaknesses of free bets:
-You can also grab a free bet only in case your initial bet has lost
-You must wager on a specific min. Odds level
-In case your free wager didn’t win, and you’ve gotten a free bet you should play through the min. limit imposed many times
-Some operators also request that the bets on the ticket are placed in 3-5 games/events
Currently, there are few operators who give away free wagers
Breakdown of 4 leading bookies
Add your first wager at Ladbrokes and grab a £50 value free sportsbook bet bonus.
To reap this bonus, you have to fulfill numerous wagering terms, which are also the main drawback of the bonus.
The value you get as a bonus counts only in case you initial bet doesn’t win. If it does win, you won’t get that value back.
The highest value of your free stake depends on the value of your initial wager. If the initial bet is £10 that would be the same so £10.
Additionally, you can’t add a bet at odds ½ level or beyond, to be counted for the free wager. Also offline deposits or deposits placed using Neteller, Entropay, Skrill, and Paysafe are dismissed from the bonus.
Check our report on the latest Ladbrokes promos….
Once you set-up a new account at William Hill, and add your first bet with a min. wager of £10, you will get £20 free bet tokens (2 free bets/£10 each).
The bookie gives away free bets to new clients regardless of the outcome (e.g won or lost wager). As a condition, you have to make your first bet on picks with single or cumulative odds more than ½ and play through that bonus money a handful of times before initiating a cash-out. This can be a tad irritating as you’ll have to search for events that fall within the ½ odd + range.
View our report on latest William Hill promos.
New clients, residing in Britain, can grab a £30 free bet from Unibet. After setting-up and validating your player account, you should add funds and then make your first wager.
Unibet doesn’t impose any strict requirements to this bonus, as opposed to other bookies. Still, there are some general rules to be followed. For example, you will get back the value of your bet only if it didn’t win.
Also, you need to add a bet valued at least £1 at a sports game with odds 1.40 or more. If your pick didn’t win, you will receive your free bet back within 24 hours at most but in the majority of cases, it takes only a few minutes to receive it.
For instance, you add your first bet with a shot £10. If it doesn’t win, you will get that £10 back. Yet, you should add wagers at least thrice. In order to cash out, you should add bets amounting to £60 (the value of your first bet+value of your bonus bet X3). The min. Odds range to place your bets are ⅖ or more.
Check our report on the latest Unibet promos
If you a new gambler at Betfred, set-up a new user account to grab a free bet pack worth £60. This special though is only for British and Irish players.
The initial wager you place should be at least £10 at single or cumulative odds of 2.0 range of more. If your shot is lower or you don’t follow the single/cumulative odd rule, you will get back the value of your free bet. Also no deposits made via Neteller, Ukash, Skrill, or Paysafe card count towards the bonus.
Free stakes are very valuable for new players who are using a bookie for the first time although some many not see profits out of these right away. Even though these are bonuses, there will always be a concealed cost behind.
View our report on the latest Betfred promos.
Another expert bookie that grants free bets is Paddy Power.
Last tip: see specials on mobile betting apps as the total values on the go may exceed those found on the desktop version.