Betting has been a popular activity to take part for a long time, and since the introduction of a more digitalized realm of betting the popularity continues to rise.
This online form of betting has opened up many doors to punters, from the ability to place bets on a couch or even the train to work to the introduction and availability of free bets. Free bets come in all shapes and sizes and often sway punters when choosing the site that they want to play at; the higher the bonus the better.
The main thing to remember is that free bets are placed there by online casinos and sportsbooks in order to entice players to sign up and play with them, so ones that seem too good to be true very well could be, meaning players must be sure their chosen site can be trusted.
How Free Bets Work
There are plenty of lucrative free bets to be taken advantage of, however, many punters are new to the online betting world and are still unaware of how free bets work and what some of the finer details are when using them.
Free bets are typically offered to newcomers at an online casino or bookmaker and can take many forms, though it most commonly appears as matched amount. Once a deposit has been made into the newly created account, the site will gift the punter with a free bet that usually matches the amount deposited, however, it can be up to a fixed multiplier.
Types of Free Bets
Other than the matched free bet that was explained above, punters looking for sports betting will discover sites that offer matched free bets too, which work in a similar way but players will have to make a bet instead of simply depositing the money into their account.
There are a number of casinos and sportsbook that will offer a favored option with regards to free bets, known as a no deposit free bet. This option allows players to sign up an account, verify their details, and receive a bet without actually spending any money. These will generally only allow punters to keep their winnings, meaning they will not be credited the original bonus if they are successful in their bets.
Some, however, will offer an option known as keep stake free bets where players can keep both the winnings and the original wager amount, which are obviously the ones to keep an eye out for.
Taking Advantage of Free Bets
Picking a site with the best free bets can be a tricky task at times and players looking to take advantage of them need to ensure that they choose one that enables them to explore their strengths in betting, meaning they need to make sure the site they pick offers their best-loved sports or games too.
The terms and conditions are always vital aspects to consider, as knowing exactly what the process is for a win could stop a player from encountering some serious disappointment, and lastly, it is important that all punters remain aware of the allocated time of their free bets.