I’ve been busy getting familiar with some of the best free bet offers and melbet game onlinehave decided to dedicate this guide torunning you through the basics.
The term “free bets” is thrown around quite loosely. However, it is important to understand the difference between genuinely free bets and those that require certain tasks, deposits, or limits. Here you’ll discover more about the different types of sportsbook bonuses, the importance of wagering requirements, and how you can redeem your offers.
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T&Cs and 21+ applyTable of ContentsA free bet refers to any of thosetop sportsbook bonusesthat can be added to your account allowing you to make a wager using house money. Usually, these will be released as part of the sign-up bonus, released as a reward for reaching a certain milestone, or gifted to you as a prize for entering an online giveaway.
With that being said, “free bets” is a term that is bandied around fairly freely. In certain instances, these bonus bet tokens may be added to your account for successfully depositing and playing through a promotion. As you can see, these aren’t completelyfreebets; however, they will often be categorized as such. This is because the original stake is usually not returned in the event of a winning bet. So a winning bet at +500 becomes a +400 when you consider the total payout. Of course, the sports bettor is not losing anything by playing with free bets, but this is a key distinction.
You’ll now realize why it is so important to understand the different types of betting sign-up offers presented to you. A no-deposit bonus is a genuine free bet offer that allows you to add bonus bets to your account without ever making a purchase. However, a first bet offer requires you to make a deposit and have your first bet fail before any bonus bets equivalent to your first stake are returned.
Pros & ConsNow that we’ve clarified exactly what free bets are, you’ll be keen to pick up some of this betting credit. Sowhy use multiple sportsbookswhen you have here, three top sportsbooks that can be counted on to serve up some eye-watering promo offers:
Everyone knows that DraftKings is one of the biggest sportsbooks in the US, so it’s only fair that it would have lots of promos for new and existing customers. Take the brand’s welcome offer that will simply give you $150 in bonus bets just for you signing up to its site and then betting $5. That’s right, just bet $5 and you’ll instantly get $150 in bonus bet tokens. That’s one of the leadingbetting welcome bonuses on the market.
However, the fun doesn’t stop there because DraftKings has plenty of other ways to pick up bonus bet credit. One of the best ways of doing this is via the VIP program, although you will also find its Promotions page regularly topped up with profit boosts, jackpot pools and a whole lot more.
DraftKings Sports PromoMultiple betting options. 20+ sports represented. Solid welcome bonus. T&Cs and 21+ apply
You can rely on FanDuel to serve up lots of bonus bet deals. Things start off great thanks to the brand’s welcome offer. This will simply give you $200 in bonus bet credit if your first sportsbook bet of $5 or more wins. From here, you will be able to use all of those bonus bets on anything from massive showdowns in the NFL and NBA through to the most obscure sporting events.
There are plenty of deals for existing customers too with a nice line in profit boosts and same game parlays. What’s best is that FanDuel is available in the majority of states where sports betting is legal which means that you’ve got a good chance of getting lots of bonus bets.
FanDuel Sports PromoGenerous bonus bet. Huge variety of sports to bet on. Trusted, reliable brand. 1x Deposit. T&Cs and 21+ apply
Trust Caesars to put on a deal that gives you lots of bonus bets in a slightly different way. Here you just have to sign up to its online sportsbook for the first time and if your first bet loses, Caesars will refund your stake by 100% up to $1,000. This means that you could have a total disaster and then get those bonus bet credits to enjoy some more betting.
It’s also worth noting that Caesars has a great loyalty scheme called Caesars Rewards. This could give you everything from bonus bet tokens through to some particularly lavish real-world benefits. So sign up to Caesars and see what you can win.
Caesars Sports PromoGenerous welcome offer. Daily Odds Boosts and Profit Boosts. Good variety of markets for popular sports. 1x Deposit. T&Cs and 21+ apply
Now, I want to take some time to highlight a few differences betweenbetting no deposit bonuses, bonus bets, and various other offers:
The no deposit bonus releases free bets into your account without ever needing to make an actual deposit.
A no deposit bonus is suited to just about any sports fan; however, some of thebest sportsbooks for UFCbettors tend to capitalize on these promos. Primarily, this is due to how quickly the outcome of a bout can change.
The no deposit bonus allows you to test the waters and learn how to place your bets without risking any of your own bankroll. However, should the outcome of your bets go against you, you’ll find that you haven’t dented your own cash balance – ideal for something as unpredictable as MMA.
No deposit bonus offers are usually found at the sign up stage, although at the moment they are rare in the US market due to the huge value in the regular welcome offers. They are also far smaller than the deposit match and may have some pretty steep wagering requirements attached.
The first bet offer presents you with the chance to receive bonus bets back into your account if your first bet loses. The idea is simple enough: If you win, you’ll leave with your winnings. If you lose, you will receive your first stake back in bonus bet tokens. This is the type of welcome offer currently in place at Caesars.
Usually, this promotion is aimed at new users, providing you with the chance to get familiar with the site backed by a little insurance. As we all know, regardless of how much football, esports, basketball, orbaseball newsyou take on board, predicting the outcome of upcoming fixtures is never an easy task. Remember though, that even though your initial stake is added back into your account in the event of a loss, free bets or bonus credits are not the same as having that wager back in cash.
You’ll find that bonus bets are the most common type of bonus aimed at returning players. Usually, bonus bets can be unlocked by completing specific tasks online, like entering social media giveaways, landing on the leaderboard of a weekly tournament, or by levelling up through the rewards program. Once you reach a certain threshold, a free bet is added to your account. Most will not require a promotional code to unlock them, but you may be expected to opt into promotions prior to receiving free bets in this way.
The online sportbsook market is hyper competitive at the moment with sports bettors in the majority of states having a wide choice of sites to choose from. To encourage players to keep wagering with them, brands are rolling out these type of promotions in an attempt to build loyalty. If these free bets occur as a result of your normal playing style, they can be a great added benefit.
The refer-a-friend bonus is a staple found acrossbaseball betting sites, football sportsbooks, and just about any other sports betting platform in between. Again, the idea is simple enough, requiring you to send your unique referral code to a friend. Once your friend or family member has then used your code to register, they’ll be expected to pay a qualifying deposit before you can receive your bonus bets.