With so many online bookmakers it can often pay to have multiple accounts to make the most of what they have to offer. When each bookmaker has special promotions available to you, it can be a good way to make money fast.
Not only do you find varying odds between the companies and their websites, but also a number of free bet offers, free bets with no deposit, matched deposit bets, and enhanced odds. With some wise betting over a number of these sites, you can make the most of your money. That is of course if you are lucky enough to win.
What is a Free Bet?
If you are new to the world of online betting, you may well be intrigued by the notion of free bet offers. These have been heavily popularised in recent times, with bookmakers such as Sky Bet, William Hill and Betway offering highly competitive free bet offers. Be aware though that there are often restrictions on free bets, which is to be expected.
Types of Free Bets
While the term (free bet) may sound relatively self-explanatory, there are actually a number of different types of free bets available to punters online. It can be important to know these differences, especially if you are looking to use them to your advantage.
Below are the most common free bet offers available online from some of the UK’s leading bookmakers. Hopefully these explanations can give you an idea of what the free bets are offering, and how you can use them to your advantage.
Free Matched Bet
Under the terms of a free matched bet, your account will be credited with the value of your initial stake. If you place a bet of £15 in a market of your choice, for example, the bookmaker will contribute the same amount to your account. In addition to this, bet match offers can also match an affixed percentage of your initial stake rather than the entire amount. This is more typical, although there are instances where bookmakers provide bold promotional offers and enable you to benefit from a free bet worth 100% of your original stake.
Free Matched Deposit
On a similar note, online bookmakers may choose to match your initial deposit rather than the value of a particular stake. In this instance, once you have deposited a minimum amount (usually of £10 or more) you will be credited with the same amount again. The maximum threshold for this type of promotion is usually £200, while you also have the advantage of accumulating a larger stake prior to placing individual bets. This deal is ideal for the cautious gambler, who likes to consider his options before making a decision.
Free Bet No Deposit
Although this type of promotion is quite rare for bookmakers, it is occasionally used as an aggressive marketing technique. Under the terms of this promotion, you can register with an online bookmaker such as 888sport and instantly receive a free bet without having to make an initial deposit or commit cash. While you may be required to extend your payment details, this is a small price to pay if your free bet is successful and delivers a 100% profit. It is a tactic usually associated with online casinos, although it is becoming increasingly commonplace in the competitive online bookmaking market.
Claim Your Free Bets Here
Regardless of the individual form that your free bet offer takes, it is up to you to capitalise on this in order to maximise profit. The key thing to remember is that free bet offers can only be utilised after you have taken a direct action, whether this is in the form of registration, depositing money or placing a stake.
While free bets work well for the better themselves, also be aware that these bets are being used to get you to sign up to the site. This allows the company to have your details so that they can send promotions your way. Each site are required to give you the details of what information they will be storing on you, and what it will be used for.
If you are taking the free bet offer, the fact that the bookmakers will be recording your details is something you will probably be ready to accept. Just be aware though that if you are joining many betting sites to take advantage of the free betting offers, you’ll no doubt see a rise in emails from the companies. When registering, make sure you let them know if this is something you don’t want them to do.
Hopefully after reading this you now have an idea of what free bet offers are providing you, and help you make the choice of which to use. With some wise decisions and a bit of luck your free bet will work for you and provide you with the success that you are looking for.