Most bookmakers offer a wide variety of free bets, and with so many different types available, it can be hard to know exactly what’s what! Below, we’re going to take a look at some of the most common types of free bets you’re likely to come across when playing online.
Matched Free Bets
Matched free bets are the most commonly-seen type of free bets, and you’ll be able to find them at almost all online betting sites today. While each bookmaker will offer slightly different types of matched free bets, generally speaking, the first bet you place at a bookmaker will be matched in terms of the value/amount. Some bookmakers may impose certain terms and conditions with these types of bet, including minimum odds, and restricted events/markets.
Risk Free Bets
A risk free bet is similar to a matched free bet – but generally speaking, a risk free bet is only awarded if the bet you place loses. For example, if you join a bookmaker’s site, you may be offered a risk free bet. This means, that you’ll need to make a deposit using your own money and place a bet – but if it loses, the bookmaker may credit your account with the amount of money you staked on your first bet. They may also credit your account with a free bet of the same value of the bet you placed first.
No Deposit Free Bets
Unfortunately, no deposit bets aren’t quite as common as they once were, but they can still be found – you just have to search around a bit more! (Here at BookieRewards, we do all that searching for you!) A no deposit free bet is, exactly what it sounds like; you don’t need to make a deposit in order to receive a bet! The bookmaker’s offer no deposit free bets in the hope that you’ll enjoy your experience at the site, and continue to bet with them – and while there are usually some terms and conditions attached to the free bets, they’re generally pretty decent, and carry no risk at all!
Enhanced Free Bets
Enhanced free bets are some of the most popular forms of free bets around, and it’s easy to see why they’re so popular with players. An enhanced free bet allows you to receive much better than normal odds of a specific game, for your bet. For example, if England were 2/1 to win a football match, the bookmaker in question may ‘boost’ these odds to 40/1! Of course, there are some maximum wagering terms applied, and usually, you’ll only be able to place a stake of £1 on these bets – but it’s still a great way of getting some incredible odds, and at BookieRewards, we feature lots of the best enhanced free bets around!
Matched Deposit Bonus
Matched deposit bonuses are usually found on online casinos, but occasionally you’ll find them on online betting sites as well. A matched deposit bonus is where the bookmaker will match your deposit, usually up to a maximum of 100%. For example, if you deposited £10, then the bookmaker may match this amount by 100%, giving you a total of £20 to play with.