Do you want to know how to profit from free bets? This knowledge would be useful for every bettor who’s looking for a profit at online sportsbooks. What are the best tips and tricks to learn?
There are many types of sportsbook bonuses you can claim at online websites. New users can get various welcome and deposit bonuses while existing bettors are given reload bonuses, referral bonuses, and VIP perks if applicable. However, there is one type of bonus that unites everyone who’s registered with a sportsbook site.
Free bets are bonuses that can be claimed by everyone. Newcomers can get them as a part of welcome offers, while loyal users – as a reward for betting at a sportsbook site. In this guide, we will explain everything about free bets and how to use them, on betting platforms.
What are free bets?
Free bets are free money you can spend on making wagers on sports. In other words, this is a bet you don’t have to pay for. Online sportsbooks pay for a free bet you make and if it loses, you don’t risk your own money. However, if the bet wins, you receive the winnings to your account wallet.
In general, sportsbook sites offer free bets to encourage bettors to place wagers with them. They can either give free bets as a part of another bonus or separately. Also, free bets can be usually placed on selected events that have been chosen by the bookie.
To get free bets, you can check our comprehensive sports betting bonus list. If you are already using a certain sportsbook to place bets, visit the respective “Bonus/Promotion/Offer” section. Alternatively, free bets can be available as a part of exclusive promos such as holiday promotions or seasonal deals.
How to profit from free bets – best tips
Once you’ve got your free bet bonus, you can use it to win some money. To know how to profit from free bets and use them smartly, remember the following tips:
- Read terms and conditions. Before placing a free bet, you should check the sportsbook’s terms and conditions related to this particular bonus. Sometimes, your bet can fail to meet the required criteria, and the earlier you discover it, the better. Thus, sportsbooks usually require you to bet on selected sports/matches/events, bet a certain amount of money, or choose specific odds. Last but not least – check the expiry period to make sure you claim your free bet bonus before it is deactivated.
- Try to choose high odds. Sometimes, sportsbooks can require you to place bets at minimum or maximum odds. If there is a choice between the two, aim for high odds. Firstly, there are better payouts in the case of winning. Secondly and mainly, you don’t bet with your own money, so you can take a risk.
- Pick good sportsbook sites. Finding a good online betting site that offers free bets is not an easy task. Not all sportsbooks are ready to reward their users with such juicy bonuses. To find a good sportsbook, check its license, reviews, and rates. Or you can just choose one sportsbook from our list and enjoy using free bet bonuses in 2021: VBet Sportsbook, 888sports, BetOnline, Unibet Sportsbook, 22Bet, and 1xBet.