A free bet is, or should in theory, be exactly that, a bet which is given to you for free which you can then place with a chance to win real money. In reality though it is more complicated than that with terms and conditions varying with every bookmaker around their free bet or sign up offers.
We try to explain the free bet and sign up bonus offers here for you as much as possible given the space but please click through to the bookmaker and read their terms and conditions in full before signing up.
Many of the offers will require you to deposit money first and place a bet. This first bet or qualifying bet will often need to be placed at certain odds. For example this condition may read something like this
“the qualifying bet must have minimum odds of 4/5”
Often the first bet you place is the qualifying bet and the amount of that bet will be matched (up to a certain amount) with a free bet of the same amount.
There are many variations though from the more simple bet £10 get £10 free bet to Bet £10 get £20, Bet £10 get £40 or even bet £20 get £10.
Deposit bonuses are becoming more popular than free bets with UK betting sites now. Often the bookmaker will match the deposit you make up to a certain amount with bonus funds. Again there may be minimum requirements like you may have to place a bet at above certain odds to qualify for the initial deposit bonus. Then there may be more terms as to how many times you have to bet or how much you have to rollover before you can withdraw any winnings from the bonus funds.
As ever, please really carefully check the terms and conditions and make sure you are able and willing to comply with all of them before signing up to a bookmaker.
Deposit bonuses can be a great way to get started with a bookmaker though. Some offer bonuses up to £100. So for your £100 first deposit, you may have £200 to bet with. If you can be successful with your bets and meet the terms then this can be very helpful indeed.
Free bets without placing a deposit are extremely popular of course as these offer an opportunity to try out a bookmaker and to try to win some real money without the initial risk.
Because these are a very good offer they are expensive promotions for bookmakers to run and so are few and far between.
Some no deposit free bet offers are limited for a short time or a certain number of free bets are made available. To make sure that you don't miss out on such limited no deposit free bet offers, join up with OLBG and make sure that you receive all our mailings.
No deposit casino offers are more popular than free bets. Often these come in the form of free spins no deposit these days. It is very hard to turn these into real money you can withdraw as often you are required to turnover a large amount.
We are in the process of expanding the number of bookmakers we list at OLBG so that we can bring you more free bet offers. This will mean that we will cover all the latest free bets. There are around 70 bookmakers licensed for remote gambling in the UK so that is a lot of free bets and bonuses that could be available to you! Please keep checking back or better still join OLBG for free and receive emails from us as and when we add new free bets to the site.
There are so many free bets for new customers joining a bookmaker, but free bets for existing customers are harder to find. We have done the research for you though and discovered all the bookmaker free bet clubs available.
Bookmakers are becoming better at rewarding the loyalty of their customers and many have set up free bet clubs. Essentially what these do is provide free bets after the customer has placed a number of bets, sometimes certain types of bets.
For example, at the time of writing, Betway are offering a £10 free bet on accas every week, after placing £25 on sports accas. Terms and conditions always apply to these offers so please check those fully. The current (again correct at the time of writing) Paddy Power VIPP club provides a £10 free bet every week after 5 x £10 bets are placed. Unibet (at the time of writing) provide a £10 in play free bet every week after 5 x £10 in play bets. These offers are all subject to change but we have written a whole article entitled the best weekly free bet clubs explained so check that out to see what is available now.