It doesn’t matter what field of betting that you may be interested in, Free Bets are available now and are here to stay. Why? Online Sports Betting Bookmakers in particular need a way of encouraging new customers to register with them. Like many other businesses, a free gift, voucher or welcome bonus that carries a money value is a perfectly legitimate and fair way of getting new customers on board and in their database!
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In the betting world it’s the same. A bookmaker will offer their free bet to newly registered punters when they create their online account. It’s very similar to the way a bank gives you a 20 pounds shopping voucher when you open a savings account with them. The voucher has a real value and is something you can use.
Free Bets carry a real cash value. If you register with a bookmaker and they offer you 25 pound in free bets then you can deposit as much as you wish between 10 and 25 and receive a match of your deposit from them to a maximum of the free bet value offer.
Therefore, if you’ve deposited 10, you’ll receive the same to bring your available betting fund to 20 GBP. This ten pounds from the bookmaker is your Free Bet and you can deposit up to the free bets offer value (in this case 25 quid) but if you deposit over this amount, you won’t receive any further match.
There are a few types of free bets, with some bookmakers giving a smaller free bet but over a few weeks, each week you receive a certain free bet value after you’ve placed bets from using the previous weeks free bet. This is useful to punters who may be weekly paid and can’t stump up the full amount they want at the beginning of a month.
Some bookmakers have other provisos that you can receive a certain free bet and use that within a certain time period, then claim another and so on or if you use the free bet and then place a certain number of consecutive bets to qualify for another.
A mistake a lot of people make is to think that free bets are just for sports betting. This is absolutely not true and indeed couldn’t be further from the truth. Outside Sports Betting is what is termed “Events Betting” which embraces almost anything you could think of that isn’t sports!
Examples of these areas are Financials, Weather, Music Betting, Next Prime Minister, next England Football Manager and so on. The list really is endless. Bookmakers offer odds on all these types of events but more importantly offer free bets to new customers who want to bet on them. Remember that a free bet is something that is used to add funds to your account, not to encourage you to bet on anything in particular.
If you want to bet on the Eurovision Song Contest, then create your account in the usual way, qualify and receive the welcoming free bet and you are free to bet on anything the bookie offers odds on, in this example – Eurovision.
So get looking around for free bets offers from most of the bookmakers to add to your betting budget. It really is an easy way to double your fund before you’ve done anything. There have been free bets offered as high as 250 pounds.
Shaun Parker has been involved with free bets for several years now. For more information visit Free Betting Online
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