However, in order to claim the £30 free bet bonus, you will need to make your qualifying £10 bet on horse racing. A Free Bet, often referred to as a bonus bet, is a popular promotion that is offered by bookmakers to attract new players and to retain its existing customer base.
Essentially, it allows punters to place a bet without using their own money. Usually, to claim your free bet, you will need to make a deposit and often a qualifying bet. This will usually be specified in the terms and conditions of the bet - but will usually require you making a minimum bet usually between £5 and £20 on minimum odds usually evens or greater and on valid markets and bet types.
After this is done, you will have a free bet credited to your betting account - which gives you another chance to land a real money win. Free bets are usually awarded as part of sign-up offers, betting promotions or as loyalty rewards and they are great for allowing players to explore new markets, try out strategies or different sports without having to use their own money.
It's important to note that free bets all come with terms and conditions, such as minimum odds or restrictions on which events they can be used for etc. However, the best betting sites will not only make sure that they are fair terms but that they are transparent and easy to understand.
Qualify: Free bets will normally be awarded after you have met certain criteria - such as making an initial deposit or placing a qualifying bet. Receive: Once you have qualified, the bookmaker will credit your account with the free bet, usually as soon as your qualifying bet has been settled.
Bet: Choose an eligible market or event and add your selection to the betting slip. Select the option to use your free bet instead of real money. Wait and See: When using the free bet, you won't be using your own money.
If your bet wins, usually you will receive the winnings of the bet, minus the stake amount of the free bet. Knowing the latest offers, what they are and how they work is essential before parting with any money.
We make sure that we regularly update all the offers on our page, so you always have the latest information at your fingertips. Make sure you check back regularly to see what the newest free bet offers are. Well, the qualifying criteria generally will vary depending on which bookmaker you use and what type of offer it is.
Understanding the different types of free bets is important. You need to make sure you are picking the right free bet offer for you - to maximise your stake and get the best value. Rather than simply picking the one with the highest value, you need to make sure that you compare the offers carefully, read the small print and choose the free bet that best aligns with the type of bet you want to make, your budget and your risk tolerance.
With that being said, here are some of the main types of free bets you will come across at the top betting sites. The biggest and best free bet offers are usually reserved for new players. So, here are some of the most common different new player free bets bonuses to look out for:.
This is generally the most common type of new player bonus, and you will need to place a bet usually £10 with your own money in order to claim the offer. However, as always, it's essential to carefully check over the offer's terms and conditions.
These terms and conditions will usually specify minimum odds requirements for your qualifying bet normally evens or greater. Understanding and making sure you stick to these conditions is essential. Once you've met all the requirements, you'll get the free bets credited into your account.
You can then use your free bets to potentially generate real winnings. Matched deposit betting offers are less common than standard free bet offers at betting sites - as these are usually the domain of online casinos. However, these deals generally involve rewarding you with bonus funds that you can spend on bets - and are usually quite a substantial amount normally over £ However, these offers usually come with wagering requirements which can be quite large.
As such, fulfilling these requirements can be tricky, especially if you have claimed the full amount:. Moreover, there will also be a timeframe in which you need to fulfil those requirements.
Understanding the terms and conditions, particularly those related to wagering requirements, is absolutely vital when considering this type of new player offer.
No deposit free bets are rare - and are usually popular with punters. They are essentially betting offers where you can receive free bets without having to deposit your own money. Usually, these offers will be part of betting sign-up offers or promotions to attract new players.
With no deposit required, you can place your bets without parting with a penny. However, it's important to note that no deposit free bets will usually come with tougher terms and conditions - including wagering requirements and potential restrictions on withdrawing your winnings.
These offers can be a great way for those new to betting to try out a new betting platform. Another hugely popular free bet offer is enhanced or boosted odds for specific one-off games or events. Some of the biggest and best bookmakers like Paddy Power frequently provide substantial odds boosts for specific games and matches - to attract new customers.
For this type of free bet offer, the maximum stake is usually quite small normally between £1 and £5. This type of offer is particularly common when major events are coming up - like the Champions League final - or maybe a clash between Man City and Liverpool.
As always, these offers come with specific terms and conditions that you should check out first. Here are some of the best types of free bets offers aimed at existing customers:. This type of free bet offer can be used for both new players and existing customers. In most instances, you will receive your stake back normally up to a set limit such as £20 in the form of a free bet.
You can then use this free bet to have another go. Usually, to qualify for this offer, you'll need to place a bet with a specific stake amount and odds.
This type of free bet offer is also sometimes referred to as a refund bonus. Bookmakers offer various promotions for existing customers, and many of the best - including Sky Bet and Paddy Power will even have loyalty reward clubs.
One of the top loyalty reward schemes out there comes from Sky Bet - which offers the Sky Bet Club. As an eligible player, you will be able to choose from five weekly rewards, including a £6 in-play free bet or a £6 horse racing bet.
However, to qualify, you will need to opt in, place your bets before on Sunday and meet specific conditions. Other eligibility restrictions and further terms and conditions will apply. So, you could earn a £10 free bet by placing five £10 bets or a £5 free bet if you place five £5 bets.
As usual, there will be separate terms and conditions for each loyalty reward scheme. Then we also have Betfair , which also rewards loyal players with a plethora of free bet offers.
However, remember to check the expiry dates for these free bets - and make sure you use them before you lose them. Insurance free bets are a popular promotion in sports betting - particularly in the world of accumulator bets.
They basically offer a safety net for bettors placing accumulator acca bets - which combine a number of different selections into one bet.
If one selection in the accumulator bet loses, the bookmaker will either refund your stake or provide you with a free bet of equal value.
This type of promotion simply gives you some form of compensation in case of near misses. Bookmakers simply use free bet promotions to attract and keep customers.
However, it's important to note that only winnings from these promotions can be withdrawn into a user's bank account - and not the actual free bet itself.
Indeed, players have the potential to win real money from their free bets - as long as they meet specified criteria such as minimum stake and odds.
If they win their free bet - and all of the terms are met, players can then claim their winnings, just minus the free bet stake. Because all different bookies have different terms and conditions, make sure you read and fully understand the specific terms provided by the bookmaker before you do anything.
Eligibility: These specify who can claim the offer - often tied to new customers or existing users. They might also only be available to players in certain regions etc.
Qualifying Bet: Most free bets will require a qualifying bet to be placed, which could involve a minimum stake, odds or specific bet types.
Expiry Dates: Free bets usually come with an expiry date. If they are not used within the specified time, they will become invalid. Bet Type: Some bookies may limit the type of bets that can be placed using free bets - such as singles or accumulators for example.
However, when using a free bet, you would only receive the £20 winnings. One of the most important terms to understand is the wagering requirements. The free bet you get after qualifying for it may well be risk free, but you would have needed to take a risk with your first bet.
So you may see these promoted as, say Bet £10, Get a £10 risk free bet. Remember though, you are taking a risk with your first £10 bet which of course you can lose. Risk-free bets sound enticing, right?
Remember, there's still a risk with your qualifying bet! Bet £10, Get £10 risk-free may sound good, but your initial £10 can still be lost. Stay informed, bet smart! Another version of this may be a no deposit free bet.
You are more likely to find no deposit offers for slots or casino, sometimes referred to as free spins. Keep in mind though there are often many terms applied to these, such as the maximum you can win, how many times you need to turn over your stake etc.
Another way in which bookmakers may use the term risk free is in the situation where they will give you a free bet if your first bet loses. However it would be wrong of them to call this risk free.
You would need to stake an initial bet with your money, which you could lose and then typically if you do lose they will give you a free bet up to a certain amount.
ie this may be bet £10, get a free £10 bet if you lose. However you have taken a risk as the free bet cant be withdrawn as cash.
These aren't great offers as nobody intends to lose their first bet of course and if you win as planned, you get no bonus at all. Examples of these type of offers include.
Another variation of deposit match offers. This is really just different terminology with different terms and conditions attached to the offer. So rather than receive an amount of your deposit as a deposit bonus, you would be allocated betting credits or free bets.
These sign up offers have become really popular recently and bookies use them to encourage sign ups around large sporting events.
So rather than offer a free bet, they will offer larger odds on a popular bet to a certain stake. Sometimes these can be very good offers if the winnings are payable in cash and can be withdrawn. However it is more common to see the winnings paid in free bets.
So if the selection wins you would receive your normal returns to a £1 stake but additionally £20 in free bet credits.
These offers sound very attractive and can suit you if you want to make small stakes only. Profit Boosts, akin to enhanced odds, boost your winning's profit! Not as common due to their complexity and non-specific nature, but they could prove a gamechanger, so keep an eye out!
Similar to enhanced odds or price boosts but based on profit instead. So the offer could be double the profit of your first bet or first x bets up to a certain amount.
These aren't so common as they can be difficult for the customer to understand and they aren't normally specific to an event or outcome. Money Back Special Bets offer a free bet if a specific event occurs—bettor bets on a football match, certain player scores, get a free bet! However, it's just a free bet, not your cash back.
So, win on that free bet to retrieve your initial stake. These free bet offers are linked to something specific happening. Such as place a bet on a football match and get your money back as a free bet if a certain player scores.
Or bet on a horse in a certain race and get your money back as a free bet if that horse falls. Often these types of offers can be available to existing as well as new customers. Be careful though as you dont get your money back! You are rewarded a free bet which is very different as you would then need to win on that free bet to try and get your original stake back.
Promotional codes, promo codes, bonus codes, offer codes! These all refer to a code which needs to be placed upon registration with a bookmaker in order to receive the bonus or offer available.
Often when you click through to a bookmaker site from a site such as OLBG, if any offer code is required it will be carried through and automatically added to your registration form.
If in the terms of the offer a code has been requested, double check that it has been entered when you register or you may not be eligible for the offer. Some free bets are only available if you register your new betting account via a mobile device. Some betting sites are specifically trying to attract users who bet via their phones so reserve their offers or provide better offers for those who register on a phone.
At OLBG we can have a different list of free bet offers showing if you access the site via mobile than if you access it via a desktop computer. So take a look at our free bets list on your phone also to see if there are any specific mobile free bets or betting apps offers.
A free bet is a bet which is provided by a betting site for a customer to place and then benefit from the winnings.
Free bets are commonly used as welcome offers to encourage new customers to register with a new betting site. As many as you like, however you will be restricted to one account per bookmaker and therefore one free bet sign up offer per site, but there is no limit to how many different bookmakers you can have accounts with.
Your free bet will normally be available straight away after making your initial deposit or qualifying bet if required. Where your free bet token appears will vary by bookmaker.
Sometimes you will be issued with a bonus code to use but often you will be able to apply your free bet in the bet slip when you place your next bet. The sport and event which you can use your free bet on will be detailed in the terms and conditions attached to your free bet offer.
Check those terms carefully as there may be other conditions such as the odds and type of bet which you may place using your free bet. Winnings from your free bet can normally be withdrawn but not the free bet stake itself which is not normally returned with any winnings.
However terms vary and sometimes your winnings from your free bet will need to be turned over known as roll over requirements several times before you can withdraw.
No deposit free bets for sports betting are rare. If we find any we will add the offers here. No deposit casino offers are more common, head to our casino offers page for a list of these. You will make money from your bonus bet by choosing a winning selection. Most free bets will require a qualifying bet to release your free bet.
So really you need to make a profit from that initial qualifying stake and your free bet combined. For example, if you place a qualifying bet of £10 to receive a free bet of £10, you have risked £10 of your own money.
You now need to return more than £10 from your two bets to make money. Remember the free bet stake is not normally returned. A welcome offer or loyalty incentive where you cannot lose money on a bet. These are a very popular but rare welcome offer.
More likely you will find offers that give you a risk free bet after your qualifying bet. So for example you need to make a bet to then release a risk free bet otherwise known as a free bet.
Cheltenham Festival time can be the best time of year to open up a new account and take advantage of the generous welcome offers. Bookmakers will often increase their offers and provide generous money back specials on the Cheltenham Festival as it is a good time for them to bring in new customers.
Here are some of the benefits of having several bookmaker accounts in use for Cheltenham. As well as taking advantage of multiple welcome offers, having more bookies means better odds. Shopping around for the best odds can make a big difference to your returns for horse racing betting.
After the welcome offer, many bookies will have retention offers. For Cheltenham, these can be generous, too as the bookies want to fight for their customers.
Generous promotions we have seen have included refunds if your horse finishes second, falls, is beaten by the favourite. Sometimes we have seen bonuses if your horse wins by a certain margin. Cheltenham loyalty offers can also be generous.
This means that, generally speaking, over time all they really need is turnover. The higher volume of bets they take, the more the bookie will make for themselves, without being affected too much by the actual result.
The same concept is probably true of bonuses. Some punters might not stick around, whilst others could end up betting with them for years.
We offer a number of betting guides to help you find the best betting site for your style of betting, including:. The old days of trapsing down to the local bookies in the rain on a saturday morning are long gone, and now more and more punters are choosing to bet from the comfort of their own homes or even the pub!
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Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Registration required.
Please Gamble Responsibly. New customers only. Min deposit £ Money back as bonus if first bet loses. Wagering requirements: all sportsbook 3x at min. odds of 1. Unless forfeited the sportsbook bonus must be wagered before using the casino bonus. Bonus expires 7 days after opt-in. Bonuses expire 7 days after issue.
Tote and Pool excluded. Must be placed within 14 days of account reg. Not valid with Cash Out. Free bet valid for 4 days. Free bet stake not returned. Paypal and certain deposit types and bet types excluded. Free bets valid for 4 days on sports, stake not returned, restrictions apply.
Betfred is one of the best accumulator betting sites. Betfred customers betting on football can receive a 50 per cent bonus for accas including 12 selections or ticktok.info is your one-stop-shop for finding the latest free bets, bonus codes and enhanced odds offers that will help you in your battle against the bookies! Looking for betting in the UK? There are £ in betting sign up offers and bonuses to be claimed from the 11 best online betting sites in the UK