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Betting Sites With Bet Credits

12 April 2023

What are bet credits? How do I get bet credits? How do I use bet credits? - Don't worry, we've got the answers to all of these questions as well as featuring the best betting sites offering bet credits to you!

Betting Sites With The Most Bet Credits

You want bet credits so you can wager without risking your own cash - these are the best betting sites the get bet credits from through their welcome offers and existing user promotions

Best Betting Sites For Bet Credits

21+. Bet Responsibly. Gambling problem? Call 1-800-GAMBLER.

  1. Bet $5 Get $150 in Bonus Bets

  2. No Sweat First Bet up to $1,000

  3. Bet $5, Get $150 or
    $1,000 First Bet Safety Net

    21+ and present in CO/NJ/OH/VA.
    First online real money wager only. $10 first deposit required within 30 days. Minimum wager of $5 required to claim the $150 bonus bets. Loss refunded as bonus bets up to $1000 with safety net offer. Bonus issued as non withdrawable bonus bets that expires in 90 days. One bonus per new user. Full T's & C's apply, visit sign up page for more info. #ad

  4. 2nd Chance Bet up to $500

  5. $250 First Bet Reset

  6. $1,000 First Bet on Caesars

  7. Bet $20 Get $100

  8. Newest Betting Site in the US

What Are Bet Credits?

Bet Credits are a bonus given out by many online betting sites in the US that take the place of real money when placing a wager, letting you bet without risking your own cash. Unless specifically states otherwise by the betting site, bet credits will hold an equal value to actual money, meaning any bet you place with bet credits has the potential to return winnings equal to what you can get when risking your own money. 

But keep in mind that only winnings from wagers placed with bet credits are eligible to be withdrawn as cash, not the bet stake as well. 

'Free Bets' have been replaced by Bet Credits and Bonus Bets

Avery Hutchison

Avery Hutchison

You may be wondering about the lack of 'Free Bet' terminology on betting sites, this is mainly due to new regulations in the US having sportsbooks change to 'Bet Credits,' 'Bonus Bets' and other similar wording.

But don't worry, Bet Credits work the same way as 'free bets' - letting you wager without risking your own money.

So now that you know what bet credits actually are, you probably have a few more questions, like 'can I get bet credits as a welcome bonus?' or 'how do I actually use bet credits?

Don't worry, we answer those questions below, as well as giving you some information and a short review on our top 5 betting sites for bet credits

Bet Credit Welcome Bonuses

One of the best parts about signing up for a new betting site is claiming a welcome bonus, which almost always rewards users with bet credits in some way. 

Whether it's the obvious bet & get bonus that rewards you with a specific amount of bet credits, or a second chance bet that refunds a losing wager in bet credits - welcome bonuses will almost always end up with you having a nice chunk of bet credits to play with. 

Best Bet Credit Welcome Bonuses

21+. Bet Responsibly. Gambling problem? Call 1-800-GAMBLER.

  1. Bet $5 Get $150 in Bonus Bets

  2. No Sweat First Bet up to $1,000

  3. Bet $5, Get $150 or
    $1,000 First Bet Safety Net

    21+ and present in CO/NJ/OH/VA.
    First online real money wager only. $10 first deposit required within 30 days. Minimum wager of $5 required to claim the $150 bonus bets. Loss refunded as bonus bets up to $1000 with safety net offer. Bonus issued as non withdrawable bonus bets that expires in 90 days. One bonus per new user. Full T's & C's apply, visit sign up page for more info. #ad

  4. 2nd Chance Bet up to $500

  5. Get up to $100 Back on your First Bet

  6. $250 First Bet Reset

  7. $1,000 First Bet on Caesars

  8. $250 Bet Match over the first 5 weeks

  9. Up to $300 Cash Back with Promo Code BBST

  10. Bet $20 Get $100

If you're wondering why you don't see 'bet credits' on every bonus on this list, that's most because not all betting sites call their 'free bets' bet credits.

Bonus bets are the other common term, but they are the same thing - and for any bet insurance, no sweat bet, or second chance bets you will be getting bet credits as your bonus as well.

How to Use Bet Credits

It's all well and good to have a pile of bet credits in your account, but when it comes to actually using them you might have some questions about expiry, turnover, minimum odds or even just how you apply bet credits o a wager.

1

Check Bet Credit Terms

This is an important (and often overlooked) step when using bet credits.

Typically bet credits will only have a minimum or maximum odds restrictions, but in some instances sportsbooks will link bet credits to particular sports or events - like March Madness or the NBA Finals.

If there are any limitations, just structure you wager around them so you can still take advantage of the credits before the expire.

2

Select Your Bet Credits

Once you've earned bet credits from a welcome offer or existing user promotion, they will automatically be applied to your account to use.

From there it's easy, just select the wagers you want to use bet credits on.

3

Apply Your Bet Credits

After adding a bet to your bet slip, just apply the bet credits directly from your bet slip instead of wagering cash from your betting account!

4

Withdraw Winnings!

Once your bet credit wager settles, any winnings can be withdrawn as cash!

Unfortunately the bet credits used as the bet stake will be gone, but hey, that wasn't real money anyways.

Best Bet Credit Betting Sites

There are a few different ways to get bet credits on US betting sites, but when we factor in welcome bonuses, existing user promos, and even rewards programs, these are our current best betting sites to get bet credits from. 

Bet365 Bet Credits

Bet365 bet 1 get 200 in bet credits

Bet365 bet credits are the reward for various promotions and the main welcome offer from the betting site. You won't need to worry about any fancy alternative names like bonus bets or site credits as Bet365 has adopted this term for everything. 

Bet credits on Bet365 have a 1:1 dollar value when you wager them in place of cash, and any winnings will be withdrawable.

How to Get Bet365 Bet Credits

You can get bet credits on Bet365 in a few different ways:

  • Welcome Offer
  • Betting Promotions

The welcome offer from bet365 is the easiest way to get going with some bet credits from Bet365, and that first $1 wager doesn't even need to win for you to claim the bonus!

Most promotions from Bet365 will have certain wagering requirements you need to fulfil, such as betting a certain amount on a particular game, but once done you'll receive the bet credits. 

How to Use Bet Credits on Bet365

Once you've fulfilled any requirements from a promotion, bet credits will be automatically added into your account, where you will have the option to use them directly from your bet slip. Bet credits on Bet365 expire after 7 days, so make sure to place a wager with them before they disappear!

Bet365 Bet Credit Sign Up Bonus

Bet $5, Get $150 or
$1,000 First Bet Safety Net

Bet365 has one of the best bet credit sign up offers in the US (if not the world). All you need to do is wager a measly $1, and win or lose you'll be given $200 worth of bet credits to wager!

Back to Top 5 List ⤴

Claim $150 offer

21+ and present in CO/NJ/OH/VA.
First online real money wager only. $10 first deposit required within 30 days. Minimum wager of $5 required to claim the $150 bonus bets. Loss refunded as bonus bets up to $1000 with safety net offer. Bonus issued as non withdrawable bonus bets that expires in 90 days. One bonus per new user. Full T's & C's apply, visit sign up page for more info. #ad


Caesars Sportsbook Bet Credits

Caesars 1250 bet credits

Caesars Sportsbook has built a reputation as one of the most generous betting sites when it comes to promotions and bonuses for player, frequently rewarding users with bet credits if they fulfil certain betting requirements. 

As expected, Caesars bet credits are equal to a dollar, and you can withdraw your winnings from and bet placed with credits. 

How to Get Caesars Sportsbook Bet Credits

  • Welcome Offer
  • Betting Promotions
  • Caesars Sportsbook Rewards

When it comes to the welcome bonus from Caesars Sportsbook, you have the potential to get a ton of bet credits, but the way this welcome offer works it would mean your first wager on the betting site would need to lose. 

Aside from this, Caesars Sportsbook is arguably the best betting site for existing user promotions, so as long as you check the promos tab regularly you'll find plenty of events that can reward you with bet credits. 

Lastly, if you sign up for the Caesars Rewards program, you can earn points that can be converted to bet credits just from wagering normally. 

How to Use Bet Credits on Caesars Sportsbook

When Caesars Sportsbook bet credits are added to your account, they will appear on your bet slip when adding wagers, and if eligible can be directly applied to the bet. Caesars bet credits will expire after one week, so don't wait around to use them!

Caesars Sportsbook Bet Credit Welcome Offer

$1,000 First Bet on Caesars

Your first bet will be 'On Caesar' when you sign up for this betting site, which means if your bet loses, you'll be refunded in full up to $1,250 as bet credits! Once they hit you account feel free to wager them on any event to try and make back your money!

Back to Top 5 List ⤴

Claim $1000 offer

21+ only. New customers in AZ/CO/IL/IN/IA/KS/LA/MA/MD/MI/ NJ/NY/OH/PA/TN/VA/WV/WY only. Deposit required (min $10). Must place first real money Qualifying Wager (min $10) within 30 days. Qualifying wager must settle within 30 days of being placed. Qualifying wager returned as non-withdrawable bonus bets only if wager is settled as a loss. Maximum Bonus Bet $1,000. Bonus Bet expires 14 days after receipt. Full T’s and C’s apply, visit Caesars Sportsbook for more details.


BetRivers Bet Credits

Betrivers second chance bet 500 thin banner

BetRivers cycles through a wide variety of solid betting promotions, with bet & get offers as well as parlay insurance rewarding users with bet credits. Many BetRivers promos run for extended periods of time as well, letting you really rack up the bet credits over a season.

How to Get BetRivers Bet Credits

  • Welcome Offer
  • Betting Promotions
  • BetRivers Rewards

Although getting bet credits from the BetRivers welcome offer means you first wager on the sportsbook will have lost, you can use the bet credits over a pretty long period of time to try and recoup your loss. 

As mentioned above, BetRives is a fantastic choice if you like taking advantage of promos for major events or betting squares that can reward you with big prizes and tons of bet credits. 

Like many other casino affiliated sportsbook, BetRivers has a rewards program that can let you earn bet credits, and even throws in a bet credit on your birthday!

How to Use Bet Credits on BetRivers

BetRivers makes it quite easy to use your bet credits, and gives you a full 30 days to use your bet credits from the welcome offer (7 days for other promotions). Just apply your available bet credits when placing an eligible wager on the bet slip, and you'll receive any winnings as withdrawable cash!

    BetRivers Bet Credit Welcome Offer

    2nd Chance Bet up to $500

    Second Chance Bets are a great way to test the waters on a new betting site or wager with some long odds knowing you'll be refunded up to $500 as bet credits by BetRivers if the wager comes up short, which gives you a good chance to make back you loss.

    Back to Top 5 List ⤴

    Claim $500 offer

    Up to $500 Back in Bonus Bets if Your First Wager Loses
    21+. New customers only. Offer amount varies by state.
    Up to $500 bonus in IL/IN/MD/LA/MI/PA/VA.
    Up to $250 bonus in CO/NJ
    Up to $100 bonus in AZ/IA/NY/OH/WV
    Must make a qualifying deposit of $10+ with promo code SPORTS. Must make qualifying cash wager with odds of -200 or greater. If the first qualifying wager settles as a loss, receive a non-withdrawable Bonus Bet equal to your stake, up to a maximum of $500.
    See full T&C at BetRivers.


    FanDuel Bet Credits

    Fanduel nba 1000 no sweat welcome offer

    Daily betting promotions on FanDuel Sportsbook are a huge reason we think they are one of the best betting sites for bet credits in the US. Especially around big events like the Super Bowl of NBA playoffs you'll find a ton of promos you can earn bet credits through. 

    How to Get FanDuel Bet Credits

    • Welcome Offer
    • Betting Promotions

    The 'No Sweat' welcome bonus comes with the potential to get a huge chunk of bet credits if your first wager loses. While that may be disappointing if it happens, you can use these bet credits instead of your own cash to bring you balance back to zero or above!

    The most popular betting site in the US is at the top for a bunch of reasons, but the numerous promotions you can find every day is certainly a big reason. Ranging from bet & get offer to FanDuel profit boosts, there are plenty of ways to score bet credits when wagering on certain events. 

    How to Use Bet Credits on FanDuel

    Whenever you receive bet credits from FanDuel, through a promotion of from the welcome offer, they can be found and applied from your bet slip as long as the wager meets the requirements of the bonus credits. Many bet credits on FanDuel are tied to Parlays or Same Game Parlays, so you may have to create a multi leg bet to use these credits. 

    FanDuel Sportsbook Bet Credit Welcome Offer

    Bet $5 Get $150 in Bonus Bets

    Even though FanDuel Sportsbook tends towards using Bonus Bets as their default term, the welcome offer from FanDuel is great for claiming a chunk of bet credits. The 'no sweat' part of the bonus refers to bonus bet refund you get from a losing wager, all the way up to $1,000.

    Depending on when you sign up, FanDuel sometimes features a different welcome bonus of Bet $5 Get $150, which is arguably a better way to get bet credits even though the max bonus is less.

    Back to Top 5 List ⤴

    Claim $150 offer

    Place a $5 Moneyline Wager and get $150 in Bonus Bets
    21+. New customers only. Offer available in
    AZ/CO/CT/IA/IL/IN/KS/KY/LA/MA/MD/MI/NJ/NY/OH/PA/TN/VA/WV/WY. Minimum $10 first deposit required. Promotion bonus will be credited to your account within 72 hours settlement of Qualifying Wager as a win. First online real money wager only (minimum $5). Bonus issued as non-withdrawable bonus bets that expires in 14 days.See full T&C at FanDuel.


    Betfred Sports Bet Credits

    Betfred sports 105 on fred

    All the way back to their roots as a bookie in the UK, Betfred as been a leading sportsbook for bet credit promotions. This has continued in the US with 'Fred Bets' cropping up all the time to give you a chance to wager without risking cash on this betting site.

    How to Get Betfred Bet Credits

    • Welcome Offer
    • Betting Promotions
    • Betfred Rewards

    Right off the bat you can score some bet credits from the welcome offer, with up to $105 being refunded on your first wager if its a loss.

    The promos are another bright spot for Betfred Sports, and come in a variety of ways like boosts, parlay promos, and traditional bet & get offers. Common for big events, many Betfred promos run through the various seasons!

    While the physical rewards from the Betfred Rewards program are a little lackluster compared to some of the bigger brands in the US, there is no denying that you can earn some decent bet credit rewards through do-over wagers and monthy bonus bets depending on your tier. 

    How to Use Bet Credits on Betfred Sports

    As confusing as it may be to have yet another term, Fred Bets are still the same a bet credits and can be used whenever you are placing a qualifying wager from your bet slip. Apart from the welcome offer, these bet credits expire after 7 days so you will need to use them fairly quickly. 

    Betfred Sports Bet Credit Welcome Offer

    $105 on Fred
    if your first bet loses

    A nice straightforward second chance bet, new players will be able to wager their first bet and get up to $105 back as bet credits if the wager falls through.

    Back to Top 5 List ⤴

    Claim $105 offer

    Get $105 refunded as Fred Bets if your first wager loses
    21+. New customers only.
    Offer available in AZ/CO/IA/MD/OH/VA. No Bonus in PA.
    Minimum qualifying wager of $20+. Minimum odd of -200. Qualifying wager must settle as a loss to be eligible to claim Fred Bets. Maximum bonus awarded is $105, and Fred Bets must be wagered within 7 days of receiving.
    See full T&C at Betfred.


    Bet Credit Promotions

    Once you've signed up for a new betting site and used all of the bet credits you can from the welcome bonus, it's time to start looking for new ways to snag some more bet credits!

    Betting promotions are the best and most common way to get more bet credits, and the top sportsbooks in the US will feature promos quite often. Bet & Get offers or Parlay Insurance are common promos you'll find, but your best chance to get bet credits is around major events like the Super Bowl or The Masters when promos are more frequent and more valuable.

    Latest Bet Credit Promotions

    Caesars Sportsbook Super Bowl Promo - Bet Credits For SBLVIII!

    Bonus Bet Superbowl 23 January 2024 - 12 February 2024

    Caesars Sportsbook has rolled out a selection of Super Bowl promos for new and existing users - get your bet credits for the big game! Read more

    Bet365 Super Bowl Promo

    Bonus Bet Superbowl 23 January 2024 - 12 February 2023

    If you want some bonus bets for the Super Bowl, Bet365 has you covered with two Super Bowl betting promos! Read more

    FanDuel Kick of Destiny - Super Bowl Promo

    Bonus Bet Superbowl 9 January 2024 - 12 February 2024

    America Picks, Gronk Kicks. That's all that needs to happen to for you to win a share of $10,000,000 in Bonus Bets during Super Bowl LVIII if you pick right. Read more

    FanDuel Sportsbook College Football Pointsbook

    Bonus Bet 5 September 2023 - 11 December 2023

    Make your picks each week for College Football for a chance to win a share on $10,000 in prizes, totally free! Read more

    Bet365 NFL Sunday Bonus Bets

    Bonus Bet NFL 22 September 2023

    Get a $10 bonus bet every NFL Sunday when you wager Same Game Parlays totalling $20 for the Sunday slate! Read more

    Credit Betting

    Are you wondering about betting with credit?

    If so you might be disappointed because US regulations have made it impossible for betting sites to allow you to take on debt with them directly through credit betting. You can use credit cards to add funds to your account in some states however, but there are generally still some limitations with this.

    Bet Credit FAQ

    What are bet credits?

    Bet credits are a fill in betting currency for real money wagers, giving you the chance to bet without risking you own cash.

    Also call bonus bets, bonus money, or free bets (though this terms isn't accurate as typically you will need to place a real money wager to earn bet credits), bet credits are a common reward from welcome bonuses and existing user promos.

    How do I use bet credits?

    Bet credits can be used in place of real money to wager on betting sites in the US. To use bet credits, you can simply select them from you bet slip, and apply them to any eligible wager.

    Certain bet credits are restricted to particular sports, types of bets, or even event specific markets - but you will be able to see any of these limitations in the terms.

    How to get bet credits?

    You can earn bet credits in a few different ways:

    • Welcome Offers
    • Betting Promotions
    • Rewards Programs

    Welcome bonuses are the easiest way to get a big chunk of bet credits, and will be given out when you wager a certain amount and fulfil the necessary betting requirements set out by a sportsbook.

    Betting promotions run frequently on many top betting sites in the US, and similar to a welcome offer once you fulfil the wagering requirements you'll earn bet credits. Generally the amounts you can get are lower than the welcome offer.

    When do bet credits expire?

    This depends on the betting site, but typically bet credits expire after 7 days.

    For welcome bonuses this expiration is usually extended up to 30 days, but make sure to read the T's & C's so you don't miss your chance to wager without risking your own money!

    How to use bet credits bet365?

    Bet credits on Bet365 can be used directly from your bet slip as long as you have some in your account, and the wager you want to place is in line with any bet credit restrictions such as minimum odds or market.

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