You have probably wondered what the catch is? It's simple the bookmaker offers a once off free bet to all new members to attract new customers and steal customers from other online bookmakers. Over the years the bonuses have been getting better and better due to the amount of new competition which is great for punters as they receive better incentives for signing up.
Can you make money from a Free Bet? In one word 'Yes' you can actually make money from a free bet offered from a bookmaker, i have done this myself and i know others who have made money from the free bets offered, remember that it is real money and not to waste it on any old horse. Think of the bet as $50 note that you have at your local club. Bet wisely and you can turn $0 into thousands.
What is the best bookmaker? I have been working in the racing industry for many years and have spent a lot of time reviewing and using different websites all of which have their own pluses and negatives. Below are the ones that have the best Free Bet offers.
Sportsbet $50 Free Bet ? Sportsbet is the only bookmaker i have found that offers a no deposit necessary free bet. That means you can sign-up and be given $50 to bet with without depositing.
Sportingbet $100 Free Bet ? Sportingbet i feel is the easiest bookmaker to navigate and offers great odds especially on big races, once you deposit $30 you will receive a $100 free bet.
Canbet $100 Free Bet ? I have used Canbet quite often lately this is due to their 25% cashback rebate meaning if you are in negative dollars for a month they will refund you 25% of what you have lost. They also offer a $100 free bet once you deposit $50.
Betfair $50 Free Bet ? Betfair is the fastest growing international bookmaker due to their unique betting system which offers better odds and more events to bet on. For a limited time they are offering a $50 Free Bet to all new members.
There are many other bookmakers although i have found those four to be the best for me, you can find many other Free Bet options. If you are not great at picking winners then check out Horse Racing Tips which offers daily best bets for Australian races, i have been following their tips and found they have a strike rate of 35-40% win ratio which is very good for a free tips website.
Definitely Not an Urban Legend
Generally, gambling works by betting ? literally putting money - on a hand or a number, and if you're lucky enough to win, you can double, or even triple your money.
When you really think about it, you won't get anything if you bet for free. After all, double or triple zero is still zero. But you've heard of free bets and you know they exist. So how do free bets work exactly? Or more accurately, how do you get free bets to work for you?
The Thing About Free Bets
Free bets are often rewards and promotional extras. You are often given free bets if you purchase a product or sign up for something.
In casinos, you are often offered free bets if you purchase tickets to watch shows or spend a particular amount of money in the souvenir shop or restaurant. You can then use your free bets to try your luck at designated tables, often the ones that are not particularly frequented by patrons. Sometimes you might be required to make a real bet before you can use your free bets.
Online, free bets pretty much work the same way. Many gambling sites are offering free bets as incentive for signing up and paying the membership fee. Others give you free bets after you've spent a particular amount of money on real bets. These free bets appear as credits in your account, which you can use whenever you play. As a general rule, however, free bets can only be used as bets and cannot be converted to cash. Also, most free bets have to be used within a specific period of time, or else they will be rendered useless.
The Best Things in Life are Free
Of course, in a realistic sense, free bets are not just handed out to you for no reason. As is true in every business enterprise, casinos and online gambling sites are not likely to hand out free bets if they don't gain anything from them.
Still, for the wise gambler, free bets make a lot of difference. After all, when playing poker, or blackjack, or any other game, free bets still count as real bets, meaning you can still win from it, potentially doubling or tripling the money you spent to get the free bets in the first place.
As the name suggests, free bets are exactly that ? freebies. It's no different from getting a gift voucher on your next purchase after ordering a DVD or a smoothie maker. Use them wisely to make the most out of your online gambling experience. You simply have to remember that as soon as those free bets are credited to your account, you can get them to work ? and win ? for you.
Both Gen Wright & Aiden Brunson are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
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