Free bet is a useful option at online sportsbooks. Bettors who have never heard of them should know how to benefit from sports betting with the help of free bets. So, here are free bet offers explained.
What is a free bet?
A free bet is a special kind of bet offered by a sportsbook or a bookmaker. A free bet has a specific value for which bettors can pay the stake. In other words, a bettor gets a set amount of money he can spend on a particular betting market.
Free bets are different from other types of betting bonuses. First of all, bettors don’t lose their own money if their bet loses. However, if this bet wins, bettors will be given their stake back alongside the profit. Therefore, free bets are useful both for bookies and punters. Sports betting sites attract new users, while bettors have a chance to win money without spending a single penny.
To find more sports betting offers, take a look at the best online sportsbook deals,
Online free bet offers explained
How do free bets work at online sportsbooks? How to claim them? Here you have everything about free bet offers explained.
Claiming a free bet at online sportsbooks is easy. Every punter can find free bet offers in three ways:
- Visit a page with promotions (offers, deals, bonuses, etc) at a sportsbook site;
- Click on the link with free bet offers at a betting-related site;
- You will be offered a free bet bonus automatically.
In all three cases, you will be entitled for a free bet only after signing up for a sportsbook. Register at the site, verify your identity, and finalize the registration process by making a deposit. Some sportsbooks like Unibet don’t require it but most betting sites do. As soon as you are done, you can claim your free bet bonus.
How to use free bets?
There are three popular ways to benefit from your free bet bonus.
The first way is to double your bankroll. To do so, just place a bet on the event you think can win and wait for the result. Placing a bet on a win-win outcome will positively affect your bankroll without much effort.
The second way to use free bets is to hedge a bet. Let’s say, you want to place a bet on a team to win in a match. To increase your winning chances, you can place a real money bet on one team and use a free bet to bet on another team.
The last way means turning your bet into cash. To do so, place your free bet on a particular outcome offered by a sportsbook and use a betting exchange to bet that the same outcome won’t happen. This strategy will help you to win money regardless of the outcome.
