Is the ‘Free Bet’ Really Free?

The name free bet comes from punters not having to part with their own money when using one of these offers. Instead of their betting balance, stakes are covered by a free bet token. 

The catch behind a free bet is, in reality, there is almost always an expense required before you can earn a free bet, and most free bets can’t be cashed out. 

Whether this expense takes the form of a qualifying bet, first deposit or participation in a free bet club, it’s vital to understand what is required before your free bet token is credited. 

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What are the different types of bookie sign up offers?

  • Refunded Bet 
  • Free Bet
  • Deposit Bonus

If you are a newcomer to the world of online betting, be aware that bookmaker bonuses can take a number different forms - in others words you will be offered different benefits depending on which site you choose to register with.  

Refunded Bet

One of the most common forms of bonus offered by bookmakers is the refunded bet. Its principle is simple - if the first bet you place on the bookmakers sportsbook after registering is a loser, then you can receive the stake of the bet back as a refund. Often limited to an amount of around £100, this bonus is often appreciated by customers, as it allows you to ensure a positive start to your sports betting experience.  

Free Bet

The second type of bonus that is often available at online bookmakers is the free bet. Again, this offer is not complicated - when you register at a betting site they offer you a free bet amount once you follow a number of conditions attached to the offer, usually a qualifying bet or wagering requirement. It can also occur that a free bet operates in a similar way to a refund bonus, in that you will receive the tokens if your first bet is a losing one.

Deposit bonus

Finally, the third most frequent type of bonus offered to new customers is the deposit bonus. This offer often involves doubling the amount of your initial deposit placed at a betting site. For example, if you decide to place a £50 deposit after registering an account at a bookmaker, you would be offered an additional £50 to play on their sportsbook under this offer. This type of bonus is often appreciated by experienced bettors in particular, but can also allow novice bettors to quickly build a comfortable betting kitty to play from.

To finish up our description of these main types of welcome bonuses, you should be aware that there are a number of different types of promotions that can be offered by online bookmakers. To make the most of all of the best promo codes offers out there, there is only one rule - to register with all of the bookmakers available in your country. In addition to enjoying the best promotions available, you can also increase your earnings by using odds comparison - the best way for you to earn a substantial profit.  

What Is a Betting Bonus?

A betting bonus is funds you are rewarded, usually, for registering with a new bookmaker, but they are however not withdrawable cash but something that you can only use to place bets. Claiming a betting bonus typically entails finding an offer that you like with a bookmaker you haven’t registered with before, signing up as a new player, meeting the qualifying requirements for your new customer offer, before you are then awarded the amount specified in the welcome offer.

A betting bonus isn’t always for new players though, with existing players also able to claim betting bonuses, sometimes on weekly occasions with certain bookmakers. Quite often you will see betting bonuses available if you wager a certain amount or more each week.

How to Decide The Best Betting Bonus For You

Deciding which betting bonus is best for you will depend on the type of offer you are looking for, how much you want to stake, and plenty of other factors. If you are somebody looking to deposit either nothing or as little as possible to secure betting bonuses, then you will most likely want to find no deposit bonuses or a bet and get bonus.

Alternatively, somebody looking to stake big might be more interested in a cashback bonus, or deposit match bonus which matches the cash amount you decide to add to your new account.

We suggest that you browse through all of the suggested betting bonuses at the top of this page and, provided you are a new player with the recommended bookmaker you are interested in, click on our claim button, register and meet the qualifying requirements of that welcome offer.  

No Deposit Free Bets & Responsible Gambling

While no deposit free bets give you the chance to experience a gambling site, without making a deposit of your own, it is important to still think about safe and responsible gambling.

No deposit free bets offer a great way for new players to find and experience websites, but they must still be used in a controlled way, and further gambling on the site must be done responsibly.