Free Bets

Free bets can make your sports betting experience much more exciting and can result in some extra cash windfall. Therefore, you must understand how free bet offers work and how to make the most of them. And that's where this free bet guide will come in handy.

We will explain what a free bet is, the types of free wagers bookmakers offer, and how we choose the best free bet promos we feature here. We will also tell you how to find that perfect free bet offer and provide you with act link to betting sites that boast that free bet bonuses out there. Read on to get some crucial free bet information that will take your sports betting experience to the next level.

What is a Free Bet?

If you want to learn how to make the most from free wager promos, you first have to know the answer to the following question - What is a free bet? In short, a free bet is a bonus offer that you can use as one or more free of charge wagers. 

The bookmaker always specifies the amount that you can stake on this free wager. Besides, the betting provider often tells you the minimum odds you have to use in your free bet and the number of selections you have to include. 

For instance, let's say that a bookmaker has a "Bet £10 Get £10" free bet promotion. This means that if you deposit and wager £10 on a qualifying bet, you will get a free wager worth £10.

However, the bookmaker has also stipulated that you must place your free bet on total odds of 1.50 or higher and include a minimum of two legs in your wager. In other words, if you want to qualify for this promo, your free bet will have to include at least two selections with minimum odds of 1.50 or higher.

The great thing about free bets is that you don't use your money to place the bet. Instead, you use the bonus funds the bookmaker credits to your account as a stake on your free wager.

This means that you can remove the risk of losing your money from the equation and make much more rational bets as a result. Everyone knows that it's much easier to place intelligent bets when your hard-earned money is not at stake. Removing emotion from a wager can do wonders for the success of your bet. Free wagers do just that.

Types of Free Bet Offers

If you are a betting novice, you might think that free bets are all the same, and there are no differences between them. However, ask a betting veteran about the different types of free bet offers, and he will come to you with a whole list of free wager promotions that sportsbooks boast these days.

Nowadays, UK licensed bookmakers have a wide variety of free bet promotions, and they have one for every occasion. They have the regular free bet promos that we all know and love. They also have matched free bets, super-popular risk-free bets, and everyone's favourite risk-free wagers. 

In addition to these, top-rated sportsbooks also possess free bets that they give to existing customers and special free sports bets for new customers who have just opened a betting account.

Let's look at all the types of free bet offers out there and see how you can make these free wager promos work for you.

Standard Free Bets

Standard promos are the ultimate statements that bookmakers value their customers. These legal free bets are free wagers that bookmakers give to their players on different occasions, but they all have one thing in common - you get to place a bet with the bookmakers' bonus funds and not your money.

Standard free bets are straightforward to understand. In a nutshell, the bookmaker gives you free bet credits to place one or more free wagers. The sports betting provider might give away these free bets on special occasions such as the World Cup Final or the Super Bowl. A bookmaker may also award these standard free bets offers during holidays such as Christmas or Easter.

For instance, a bookmaker might reward all of its customers with a £10 free bet that they can place on the Champions League or Wimbledon, no strings attached. The betting operator may also give a £10 free bet as a New Year present to all clients with an active account and opt-in for the promo.

Standard free bets usually don't require a deposit for you to trigger them as the bookmaker decides that it will give them away to players. Most of the time, you only need to opt-in for the free bet promo, and you will see the free wager credited to your account.

Matched Betting

Matched betting is great if you want to double the excitement and the winning potential of your wagers. With matched free bets, the bookmaker matches your first bet and gives you a free wager equivalent to what you staked on your initial bet. 

For instance, a sportsbook might say that if you bet £20 and opt-in for its promo, you will get an additional £20 free bet. This means that when you make a £20 qualifying bet, you will get a £20 free wager courtesy of the bookmaker.

A bookmaker might also say that it will give you more than you initially deposited. For example, there are lots of bet £10 - get £20 or bet £10 - get £30 free bet offers out there. 

These are also matched betting. However, you will probably have to meet some additional bonus terms and conditions because you get more than what you initially deposited and wagered. These will likely include minimum odds and minimum legs that your free bet will have to comply with.

Alternatively, a bookmaker may also have promotions such as "bet £5 - get £30" or "bet £10 - get £20" in free bets for some special events. For instance, a sportsbook might have a specially created "bet £10 - get £30" in free wagers promo for punters who choose to bet on the Cricket World Cup final. This means that when cricket betting enthusiasts opt-in for the offer and place a stake of £10, they will play with £30 courtesy of the bookmaker.

Risk-Free Bets

Risk-free bets are becoming more and more popular, and an increasing number of sports betting providers offer them. Most of the time, risk-free bets are part of the welcome bonus package the bookmaker has created for new clients. However, the sportsbook can also offer risk-free bets to existing customers who opt-in for the offer.

So what is a risk-free bet? These promotions are pretty straightforward and easy to understand. The bookmaker gives you the chance to place a bet that you cannot lose. If that bet wins, you have a winning bet slip in your hands. Therefore, you don't need the risk-free bet and collect your winnings.

If your risk-free wager loses, on the other hand, you get your entire bet stake back in the form of bet credits. You cannot withdraw these bet creditsctly, but you can use them to wager at the sportsbook in the future. The fact that you get your entire bet stake back when your wager loses is very appealing to most punters.

An Example of a Risk-Free Bet

Let's look at a risk-free bet offer we found online, together with its terms and conditions, to explain how these promos work:

• New Customer Offer - Bet £500 and Get a £500 Risk-Free Bet (1st Deposit / New Customers Only, Min Deposit £10, 1.5 min odds, free bet credits paid within 10 hours of bet settlement, payment restrictions apply - debit card payments only).

As you can see, if you are a new customer and make a qualifying bet, you can place up to £500 risk-free bet. If your bet wins, you collect your winnings. If your risk-free wager loses, you will get £500 in bet credits that you can use to place bets in the future. Pretty appealing, we are sure you will agree.

No Deposit Free Bets

If you are looking to make money from your bets without actually placing a bet stake, then no deposit free bets areal for you. Bookmakers give them to new customers, and they are among the most sought after online betting promos. 

Players only need to register an account with the betting provider to qualify for this promo. As soon as these new customers open a betting account and the bookmaker verifies it, they will get the no deposit free bet credited to that account. 

In other words, to get these no deposit free bets, you don't need to make a deposit or stake your money. Just open a betting account and use the bet credits the bookmaker gives you to place your wager.

Free Bet Calculator

When you want to calculate your free wagers' stake and profit, a free bet calculator comes in quite handy. A free bet calculator is an online tool that computes the potential winnings you can make from your wagers. 

The bet calculator is handy when you try to calculate complicated system and combination bets such as Goliath, Lucky 31, or Patent bets. 

These bets include combinations of single, double, and treble bets, so it's slightly more challenging to calculate how much you need to stake. Using an advanced free bet calculator can help determine the stake size and the profits you stand to win.

These calculators are also handy when you use your free wagers to bet on horse racing. Bets that are most often used in horse racing (you can use them in other sports) like Trixie and Yankee also consist of more than one bet. 

A Trixie, for instance, consists of three doubles and one treble, while a Yankee bet contains eleven wagers in total - six doubles, four trebles, and an accumulator bet. As a result, a horse racing betting enthusiast would find it much easier to calculate the stake he needs to place on his wager if he used a bet calculator than if he did the calculations manually.

Free Bets for Existing Customers

Bookmakers give free bets to both new and existing customers. This is great as both new clients and loyal players can get their fair share of free bet promos. Of these two, the free bets for existing customers are particularly enticing for punters. They allow players with a betting account with the bookmaker and have already used its welcome bonus to get another lucrative promo.

To get these free bets for existing customers, you only need to have a betting account with the sportsbook and opt-in for the promo. As soon as you have done that, the bookmaker will include you in the promotion. Read the promo's terms and conditions next, make a qualifying bet, and enjoy the benefits of your free wager.

Free Bets for New Customers

As the name implies, bookmakers give free bets for new customers to new clients only. To qualify for a free bet new customer offer, you need to sign-up and register an account with a sportsbook. You also need to make a qualifying deposit eligible for sign-up offers of this type in most cases.

Free bets for new customers are some of the most enticing free wager promos out there. Bookmakers know that they have to impress new customers with super-lucrative free bet promotions. Therefore, they tend to make new customer free bets the best free betting in the sports betting industry. 

A free bet promo of this type can easily double your first £500 or £1000 sports bet by giving you a free wager of the same value. Alternatively, a new customer offer may also allow you to place a £1000 risk-free sports bet and give you £1000 in free wager credits if your bet loses.

What to look for when claiming free bets?

Most bookmakers create free bet offers to reward players, but not all are completely honest with their customers. Some betting providers use their free wager promos to lure punters, and when players go to claim their free bets, they get an unpleasant surprise. Here's what to look for when claiming free bets to make the most of your free bet promo.

Read Bonus Terms and Conditions

Before you claim your free sports bets, you have to know the conditions under which the bookmaker gives them to you. A £50 free sports bet sounds enticing. However, if it comes with withdrawal restrictions that prevent you from withdrawing your winnings immediately, it is suddenly much less appealing. 

Similarly, it might sound tempting to bet £10 so that you can get a £10 free wager. However, if you have to place a seven-legged combo bet at minimum odds of 10.00, that £10 free bet instantly loses its appeal. 

To keep this from happening to you, always read the bonus terms and conditions before claiming your free bet. While reading these bonus terms, pay particular attention to things such as withdrawal and payment restrictions, as well as the minimum odds and bet stakes needed to trigger the promo.

Check Minimum Deposit Needed

Before claiming your free sportsbook bet, the most important thing to consider is the minimum deposit you have to make to activate the free wager promotion. If you don't meet this minimum deposit threshold, you won't have a qualifying bet and won't use the free bet offer.

As a rule of thumb, the lower the minimum deposit needed, the easier it will trigger the free bet promo. 

An up to £500 free wager offer where the minimum deposit is £10 is an excellent promo in this regard. It means that you can use the perks of the offer with only a £10 wager. At the same time, if you wish to get a heftier free bet, you can easily do that by depositing and betting more than the minimum deposit amount listed.

Check Minimum Odds Required

The minimum odds are also crucial when it comes to how easy it is to claim free spins. You want free bet promos that come with lower minimum odds as possible as that increases the chances of your free wager. Anything between 1.20 and 1.80 is a decent odds minimum if you look for a free bet promo you can claim easily.

Check Number of Selections

The last thing to check is the number of picks you have to include in your free sports bet. The smaller the number of legs required, the better the free bet promo will be. 

For instance, a free wager offer that tells you that you can include only one selection in your bet with minimum odds of 1.20 and still have a qualifying bet is an excellent promotion.

It is a much better proposition than a free bet promo that says you should include at least five legs in your bet slip, with each selection having minimum odds of 1.50 or higher. The first free bet example has significantly greater chances of producing a winning wager than the second one.

Best Betting Sites that offer Free Bets

Your best chance of finding a top-notch free bet promo is to play at top online bookmakers. The best betting sites that offer free bets have a proven track record and consistently deliver. Best betting sites in the world are always a better option than sites that don't get great reviews for the bonuses they offer.

But how can you find these top-tier betting sites with excellent free bets and top bookies offers? If you have already wagered with Betpack experts' help, you probably know the answer to this question.

At Betpack, we uphold the highest standards for rating and reviewing the promos that sportsbooks offer to their players. We have a rigorous assessment process that we apply to both the betting sites we list, and the free bet offers they boast. As such, we should always be your first port of call when looking for the best betting sites that offer free bets.  

How free sign-up offers work?

New customers who join betting sites for the first time are eligible for bookmakers' sign-up offers. To understand how you can benefit from these bookmakers' promos, you first have to know how free sign-up offers work. That's what we will explain here.

Sign-up offers are pretty straightforward. To get them, you need to open a betting account with the bookmaker and opt-in for its sign-up promo. Once you have done that, there are two options. 

If the sign-up offer is a no deposit one, you can instantly get your bonus or free bet promo. However, if the promotion requires you to deposit to become eligible for the offer, you will have to meet the minimum deposit required to qualify for the sign-up bonus.

In a nutshell, to get your sign-up promo, you need to open a betting account that the bookmaker will verify. You might also need to deposit, depending on the terms and conditions of the bonus.

Free Bets Terms and Conditions Explained

When bookmakers promote their free bet offers, they don't spend much time discussing and explaining their terms and conditions. This is entirely understandable. As far as bookmakers are concerned, the fewer punters know about a promo's requirements, the quicker they will go for it. However, at Betpack, we approach this matter differently. We think players should always have free bets terms and conditions clearly by the leading experts in the field.

Our modus operandi is to inform you about all the requirements you will have to meet before you opt-in for a promo. That's the only way you, the player, can get the most of a free bet promo, and that's all that matters at Betpack's headquarters. Let's look at some standard free bet terms and conditions you should know about before you opt-in for a promo.

Common Free Bet Terms

Free bets are not just one type of promo. There are different types of free bet offers, and there are also various free bet terms that players should know about. Here we will look at some standard free bet terms to explain what these free bet variations mean.

There are several different types of free bets. Punters frequently misinterpret these as being the same because there are only subtle differences between them. Explaining these standard free bet terms should help in this regard:

• Standard free bets - Bets you place with the free credits the bookmaker gives you;
• Risk-free bets - If your bet loses, the sportsbook gives you back your stake as free bet credits;
• No deposit free bets - Free wagers you get just for signing up with a sportsbook;
• Matched free bets - The bookmaker matches your wager with a free chance of an equal or higher value;
• Free bets for existing customers - Players who already have a betting account can qualify.

As you can see, despite all of these promos being called free bets, there are significant differences between them. For instance, no deposit free bets and risk-free bets serve a completely different purpose. The first ones entice new players to join a bookmaker, while the second ones remove the risk of losing money.

Similarly, new customers aren't eligible for free bet promos designed for existing customers, just like existing players cannot qualify for a free first bet promo.

In general, if you want to be a proficient punter that makes the most of the free wagers, understanding the differences between these standard free bet terms is a must.

Important Free Bet Terms to Look at

To differentiate between great and not-so-great free bet offers, you must be familiar with several crucial free bet terms and conditions. These are the backbone of most free bet bonuses out there and will tell you whether a free bet promo is worth your time and energy or if you should look elsewhere. Here are the essential free bet terms to look at. These arectly linked to the quality of the bonus and relate to:

• The minimum deposit amount
• Number of free bets
• The minimum odds
• Number of selections in a bet
• Playthrough requirements

All of these aspects of a free bet bonus' terms and conditions are essential. We already mentioned that it is imperative to look for free bet offers with low minimum deposit amounts. That will let you qualify for the bonus even if you are a budget player.

In addition to this, it is also crucial to know the number of bets that you can use your free wager on. Sometimes, you have to use all of your free wager credits on one bet. However, on other occasions, you will be able to distribute the free credits among several bets.

The third thing to be aware of is the minimum odds you have to meet. Always look for free bets that don't ask you to bet on unreasonably high minimum odds. 

Minimum odds are inct correlation with the number of selections you include in your free bet. It is acceptable if the bookmaker asks you to have three or four picks in your wager, but anything above that is a free wager promo that you want to avoid.

Playthrough Requirements are Crucial

As with any bonus out there, playthrough requirements play a critical role with free bets too.ally, you want free bet promos without playthrough requirements as you will be able to withdraw your free bet winnings instantly. 

However, if the bookmaker insists on including them in the offer, make sure you don't go for wagering requirements that ask you to deposit and bet 8x times or more the amount of the free wager. These are excessively high wagering requirements. To give you some perspective, if you want to withdraw your winnings from a £50 free bet, you will have to deposit and wager £400. That's far fromal.

How we choose the best free bets?

Finding the best free bet offers is not easy. There are many free bets offers out there, and you need expert help to locate those top-tier free wager promos. Fortunately, we have the best sports betting experts here at Betpack, and we go out of our way to find and organize the most rewarding free bet promos. Here's how we choose the best free bets.

Summary

Free bet offers are among the most enticing promotions bookmakers have. They let you play with the free bet credits a sportsbook gives you and pose an excellent opportunity to place intelligent bets. 

When you place free bets, risk-free wagers, matched free bets and no deposit bets, you make more sensible betting choices as you don't have money to lose on them. That usually means that you are not guided by emotions when making your bet decisions. That's always a positive thing when betting.

At Betpack, we know that even though free bets might seem straightforward, there are still some things that make them hard to understand if you are a betting beginner. 

That's why we organized this comprehensive free bet guide to help you, our reader, make the most of the best free bet offers on the market right now.

Once you understand how free bets work and how to benefit from the different types of free wagers out there, you will be ready to start playing with them like a real pro.

Therefore, the only thing you need to do now is to try out the best free bet promotions for yourself. Going with the free bet promos we have reviewed here is always a goodng point. Our experienced betting professionals are expert-vetted and rank as the top free bet offers in the industry. We invite you to check them out right away and find the ones you think will work for you.