On this page you can claim bonus bets and deposit bonus money from selected best online Bookmakers free bets. Also if you have any questions about Bookmakers and/or the free bets on offer then please post your question below. As punters we will explain how the free bets work and what the bookmakers really mean when they offer you bonuses on top of your first deposits.
Online Bookmakers Free Bets FAQ
Seeking answers to your free bets questions?. See the most common asked questions below.
Can you withdraw free bet winnings?
No, your Sportsbook free bets are not available to withdraw. The winnings made as a result of placing the Sportsbook free bets however will be credited to your main betting account wallet. The winnings from the free bets are yours to use at your wish or withdraw. The original ‘free bet' stake will not be returned to you.
How do I know if I've qualified for a free bet?
The Sportsbook will review your account. The free bet amount will be credited instantly (or within 24 hours) if you qualify. To ensure you receive the free bet make sure you use the appropriate bonus code and enter it on the registration page. There is always a box for you to do this on the sign up page. Also make sure you tick the “opt-into” box on the registration page as well if there is one.
How do I earn free bets?
You earn free bets through Sportsbook Loyalty Promotions. As an example a Sportsbook culd reward you with a $10 free bet for every 10 x $10 bets you place. Look out for the Sportsbooks and Bookmakers that offer a Loyalty free bet promotion.
Are there any turnover requirements for free bets?
A Turnover is defined as the Gross gaming turnover (GGT). The gross turnover refers to the actual amount wagered by players with betting sites such as Sportsbooks and Casinos. Gross gaming yield (GGY) or gross gaming revenue (GGR) means the gross turnover minus the amount paid out to players as winnings.
The Turnover requirements for a Sportsbooks bonus/free bet varies between sites but they always exist. The best bet is obviously to identify the Sportsbooks with the lowest turnover requirements.
When will I receive a free bet?
The online Bookmakers free bets should be awarded instantly but no later than 24 hours providing you have met the qualification process. An example would be that you have deposited the minimum amount for the free bet or placed a bet if required.
What products can I use my free bets on?
The Sportsbook free bets can be used mainly on any Sports betting markets. The Casino free bonuses can only be used on Casino designated games.
How do I use my free bets?
To use your online Bookmakers free bets select your bet as normal. When it comes to placing the bet, confirming your selections, look for the free bet balance displayed at the bottom of your online betting slip. Tick yes or confirm that you want to use your free bet balance for your bet. Place confirm bet. The bet should now be placed using your free bet allowance instead of your own deposited real cash betting amount.
Is it Legal to bet online on sports?
Yes it is although it will depend on your location. Legal sports betting is allowed at BetOnline.ag for example because the sportsbook is based offshore in Panama. The South American country allows betting online.
Do I have to pay Taxes on winnings from my bets?
If you are betting only as a recreational hobby then No. If you bet as a professional gambler or your sole main income is derived from gambling winnings then Yes.
What is the Spread in Betting?
The spread in betting is set by the sportsbook. It is the amount of points a team is expected to win or lose by. An example of this is if a team is a ten-point favorite, the spread would be -10.
If you place a wager on the favorite, the team has to win by the ten points or more to cover your wager.
If a team is a five underdog, the spread is +5. So if you wager on the underdog, that team must lose by five or fewer points to cover your bet.
What does Vig mean?
Vig or Vigorish is the commission paid back to the sportsbook to place your wager. Vig is also commonly known as Juice. The Vig is normally around 10%.
What types of Sportsbook bets are there?
The most common types of sportsbook bets available are: Prop bets (propositional bets), Money lines, Spreads, Totals (over/under), Parlays and Teasers.
What Age are you allowed to bet in the Sportsbook?
All players who place bets must be a minimum of 18 years old.
Features of Good Online Sportsbooks
You want to be looking for several key factors when choosing a sportsbook online. To be the best choice we should expect a good range of betting markets in whatever sports we tend to bet on. Live betting and streaming of sports events is also a plus. Whether we bet live in play or not the fact that a bookmaker online has this as a feature would say to us that they are a big enough brand to bet with. The same applies to live streaming. I would be disappointed if I couldn’t watch my bet being streamed live. So let’s take a look at some other key elements in our choice of the best betting offers to bet with.
Deposit and Withdrawals including Fast Pay-outs
A must – we don’t want to be waiting days for our winnings to be paid back to us. This is where the e-wallets of today like Neteller, PayPal and Skrill Moneybookers are the choice for quick transfers in and out of bookmakers online. Of course we also want Bitcoin/Litecoin/Ethereum as an deposit and withdrawal option. This website is all about helping you to find the best sportsbooks that accept all those payment options to bet with.
Instant deposits and more importantly instant withdrawals of your winnings can be made by using the aforementioned services. Expect to receive money withdrawn from your betting account into your Neteller (our No.1 choice) account within 1 hour and 24 hours for the following services : Skrill, Skrill 1-Tap, PayPal, InstaDebit, Click2Pay, Ukash and Entropay. All these services are free of course for the majority of online bookies, however you will still come across the odd site that will charge you for using Neteller like Betfair. Hard to fathom really that they can’t absorb any costs incurred themselves.
Thawte SSL web server certificates or the padlock sign displayed in the bottom right hand corner of your browser. This will ensure that all your payments are securely transmitted.
Look for membership of IBAS, their icon will normally be found at the bottom of the home page. IBAS are a third party independent adjudication body that help to resolve any disputes you may have with your online bookmaker.
The fun part and financially beneficial of course. You can choose from a myriad of free bets, betting offers and bonuses when you choose from the best online bookies .
Anything from £10 up to £200 is available from UK and European bookies. Most will be straightforward. For example you deposit and bet £10 to receive the equivalent sum as a free bet. This will be credited to your account for you to use as you like on any sports betting market.
These free bets are usually time framed so make sure you use them within 7 days of your first qualifying bet.
For a simple free bet of £20 try Coral.co.uk – you open an account, place a FIRST bet of £10 and receive a £20 free bet in turn.
Loyalty Free Bets
Something that isn’t always advertised by some online bookies are the free bets that are awarded to you “with no strings attached” after you have been betting with a bookmaker over time. Say after a month of regular betting of a few hundred pounds turnover or more. You can expect some free loyalty bets. I can reveal which bookmakers I know that award you with such freebies.
Mentioned at the beginning of this article, In-Play betting is a sign of a bookie that can be trusted. If you are going to invest in such a platform for customers you are unlikely to be a smaller player in the gambling sphere of online bookies. It should be a prerequisite of a featured top online bookmaker.
That benefits of in-play betting and how to make it pay for you as a gambler in giving you an edge over the bookmaker is something that I will discuss in a later article.
These days more and more bookies offer live streaming. If you bet on Horse Racing you want to see the race live on your pc or mobile device. The days of live commentary over the telephone at premium rates are a thing of the past! These bookies are a good start for “free” (50p – £1 min bets to watch) live streaming of horse racing.
Of course it’s not just about horse racing – football, nba, tennis and golf are all sports that are catered for at Bet365.com’s live streaming service as well.
How long has the Bookmaker been around?
Another good indication of a bookie that you can trust is the amount of time it has been in existence. Always go for the “high street names” such as Coral, Betfred, WilliamHill. All these bookies have been around for decades and have a strong presence online. They aren’t about to close down and take your winnings with them!. Start with the best known brands and diversify if you need to for the purposes of obtaining more of the free bets and betting offers you can accumulate by signing up to the different bookmakers.
To summarise I have listed the key factors that I would look out for when opening any new bookmaker accounts and have advised on what I already know from betting with numerous ones over the years. There’s a lot of competition from the online bookies to tempt you into signing up. Don’t assume the bigger the bonus means the best online bookie. Certainly try them all out, grab the free money via the latest betting offers on offer, see which one(s) suit your betting markets and good luck!.