Free bets & promotions
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How do Free Bets Work?
At betting sites, there are many kinds of betting offers, but a free bet sign up offer is the most common one. You often get free bets for signing up with bookmakers online.The term free bet can have many meanings and be used in many different contexts. Some use the the term free bet for all welcome bonuses offered at a bookie. However, we don’t call all sign up bonuses free bets. We make a distinction between different betting deals, that is, bonuses that match your deposit and (free) bets that are handed out to you by the bookmaker.
Free bet offers are usually given as betting signup offers to new players, but can also be credited to existing customers during special promotions.
A free bet (as we define it) is a bet the bookmaker gives to you on their expense. Free bet offers are usually given as betting signup offers to new players, but can also be credited to existing customers during special promotions.
If you should win with your free bet, you get to keep the winnings to the extent they exceed the stake. Most free bet offers won’t let you keep the the value of the free bet, although there are some exceptions. The best free bet offers let you keep your winnings without any requirements attached, but some comes with a wagering requirement.
Risk Free Bets
Another common type of free bets online is the a risk free bet. With this type of free bet you first have to place a bet with your own money. If you win, you get to keep all of the winnings, as you normally would. Should you lose, on the other hand, the sum of the risk free bet will be credited to your account. In effect, you are betting risk free.
The one thing you need to keep in mind though, is that your refunded stake are usually subject to a wagering requirement. You need to meet this wagering requirement prior to any withdrawals.
How do I Find the Best Free Bet Offers?
There are few different factors to take into consideration if you want to find the best free bet offers. These factors are things that are important to all sign up bonuses and sports betting offers, not only for bookies with free bet offers.
Free Bet Amount
Naturally you want as large a free bet amount as possible. This is of course an important factor when choosing a free bet offer, but all that glitters is not gold. Some of the larger free bets come with less favourable terms, such as a higher minimum odds requirement or a wagering requirement.
For some free bets, your returned stake is credited as bonus money that needs to be be rolled-over a certain number of times prior to withdrawal. The wagering requirements for free bets tends to be rather low compared to matched deposit bonuses.
Minimum odds for a free bet can refer to a few different things. It can be the lowest odds at which you are allowed to place a bet to qualify for the free bet offer.
It can also refer to the minimum odds at which you can use your already credited free bet.
It may also refer to the minimum odds at which you have to fulfill your wagering requirement for you bonus refund. Always be thorough when looking up the terms and conditions of your free bet bonus.
After your account has been credited with a free bet you need to use it within a certain number of days, usually somewhere in between 7 to 30 days. If you don’t use your free bet within this period it will be forfeited.
The validity period can also refer to the the period in which you have to meet the wagering requirements. If you fail to meet the wagering requirements within this period the bonus and/or winning amounts may be forfeited.
New Free Bet offers
At Bookiesbonuses, we always try to keep our lists of betting free bets updated. Also, we always try to find unique free bets online, to offer our visitors.
Recommended Free Bets
Ladbrokes Free Bet
£50 Free Bet
As British as it gets, Ladbrokes offer their users a lot of things. From a plethora of different types of markets to competitive odds and promotions. For new customers, they also have got a great welcome offer. A free bet worth up to £50.
William Hill Free Bet
Bet £10 & Get £30 in Free Bets
Put together a list of the great British bookies and we promise William Hill will be close to the top. Having built their brand for a long time, they come across as trustworthy and secure. With all that experience, William Hill have a huge knowledge of what people want, and they can provide it. With a lot of great promotions and selections of odds, and an especially good sign up offer in the shape of £30 in Free Bets, they are one of our most recommended bookmakers here at Bookiesbonuses.
Example of a Free Bet Offer
Let’s make things more clear by taking an example of a common free bet offer. In this case we use a “Bet £10 get £20 free bet new customer offer”.
- First thing you have to do is sign up at the bookies website.
- Second step is to make a deposit. Note that some new customer free bet offers are not available to players using Neteller or Skrill (Moneybookers) to fund their account.
- Third step is to place a qualifying bet of £10 or more, normally at odds of 4/5 (1.80) on any market.
- Once your qualifying bet has been settled, your £20 free bet will be credited to your account within 24 hours. The free bet will be available to use for 7 days.
- Once your free bet has been credited to your account you are free to use it on any market. Let’s say you place your £20 free bet at odds of 3/2 (2.50): if your selection wins, you get £30 (stake of £20 x odds of 3/2 (2.50) = £50, minus £20 = £30).
Free bet no deposit offers
Although rare, some betting sites offer online betting offers in the shape of free bets without any requirement of a deposit first. When this is the case, the free bet normally comes with quite heavy wagering requirements if you win with your free bet. The winnings does often come with a turnover requirement of at least 6 times at odds around 1/1 (2.00).
Free bet advice - How to turn Free Bets into cash
So, what should you do with the free bet once it has been awarded to you? What is the best way to turn the free bet into cash? Our free bet tips are to be sensible about your free bet, and to not be expecting too much.
Since it is a free bet, and the stake often is £10, you will not become a millionaire. But it is possible to convert the free bet to a reasonable starting bankroll. Depending on the type of free bet bonus, the most important thing is to decide how much money you want to end up with.
Most bookies keep the stake when you place a free bet, which means you only keep the winnings. If you place a £10 free bet at 1/2 (1.50) and win you are only left with £5 as cash. That might be enough for some, but as it is a free bet, most try to get more out of it. This is where the risk/reward-discussion begins.
Say you want to make £50 back from your free bet, for a decent starting bankroll. In that case you have to place a bet at 5/1 (6.00) and win. This is of course a possible bet, via a treble on three favourites for example. But still quite hard.
If you are really into getting much out of your free bet offer, and aim for a starting bankroll of say £300, you would have to place a winning bet at 30/1 (31.00). This is rare, but not impossible. One upset and a few favourite victories can easily accumulate to 30/1. But with the potential reward, the risk of not winning is increasing.
Our advice is to either go with the second or third alternative, depending on your aim. As it is a free bet, you don’t risk anything and “securing” a £5 win seems like a lot of work for nothing.
Free Bets UK - Best free bet offers for UK customers
On this page we list bookies with free bets for players residing in the UK. All of the bookies you find in this list are fully licensed and regulated by the British Gambling Commission.
On other parts of our website you may find bookies without a UK license. However, all bookies without a UK license are clearly marked as such.
Owlie's Insight: Most of our free bet offers and bookies accept UK customers. However, if they don’t, we will let you know.
For UK Customers, there is a plethora of great free bets to claim. Down below, we have listed some of the absolute best free bets with the most respected bookies. To get a deeper knowledge, check out our page about Free Bets UK.
Free Bets UK
Free bets mobile
In the modern world we live in, your mobile device has risen in importance. More and more bookies are putting a lot of effort into making the smartphone the no.1 device from where their customers place bets. With that in mind, many modern bookmakers offer more free bets and other kinds of promotions for mobile customers only. One bookie that has carried the torch in this development is Swedish LeoVegas, who offer their customers a lot of free bets on their mobile devices.
Best bookie for mobile free bets
LeoVegas mobile free bets
2 x 100% Profit Boosts
Swedish-founded LeoVegas is one of the most ambitious new bookmakers on the market. Since launching their sportsbook in 2016, they have exploded onto the betting scene. Today, they are one of few betting sites with a impeccable mobile experience, and also offer their existing customers plenty of good offers, including free bets.
Free Bets FAQ
I have not received my free bet. What's wrong?
You might end up in a situation where you expect to receive a free bet, only for it never to materialise. Here's a quick checklist to help you find out what might have gone wrong:
- Are you eligible for the offer?
- Do you need to manually claim the free bet offer?
- Did you enter the (correct) bonus code?
- Is the free bet credited immediately?
- Have you made the correct qualifying bet?
- Did you use an approved payment method for the offer?
- Has your free bet validity period already expired?
What is the difference between a stake returned free bet and a stake not returned free bet?
You might have heard these terms and wonder what they really mean. It’s actually very simple; a stake returned free bet will have the value of the free bet token included in your winnings. If the stake is not returned you will only receive the net winnings of your bet from the betting site.
Let’s make an example to make it even more clear:
Stake Returned Free Bet:
You place a £10 bet at evens using a stake returned free bet. If you win you’ll receive £20 back – the £10 winnings plus the value of the free bet token.
Stake Not Returned Free Bet:
You place a £10 bet at evens using a stake not returned free bet. If you win you’ll receive £10 back – you will only receive the £10 winnings, not the value of the free bet token.
Can you withdraw a free bet?
No. But you can normally withdraw the free bet winnings. In some cases, however, the winnings come with a wagering requirement.