When you’re first starting out in the world of online betting, you may be wondering if you should take advantage of any free bets offers that you come across. These offers can range from generic welcome bonuses to sportsbooks and bookmakers with unregulated websites. Here’s what you should look for in a free bets offer. Depending on the offer, there may be qualifying criteria or special events tied to the offer.
Bookmakers
When it comes to sports betting, bookmakers offer various benefits to their customers. While some offer free bets as a welcome bonus, others offer additional special bonuses. For example, you can earn cashback on your net losses when you place bets on certain sporting events. You will find these offers associated with different deposit bonuses and free bets. But which ones are the best? What do you need to look for?
Unregulated sites
Be very cautious when it comes to free bets offers from unregulated sites. Although some may offer them, you should also take into consideration the reputation of the offerer, the length of time they’ve been in the industry, and their motives. The best way to avoid scams and bet safely is to only wager with regulated gambling sites. The following tips will help you make informed decisions about where to place your bets.
Sportsbooks
Many sportsbooks offer free bets to new customers, but you need to understand the terms and conditions of each one. Generally, you must place a qualifying first bet to qualify for the offer. In addition, free bets can only be used for a certain game or odds, so make sure to read the fine print carefully. The terms and conditions will determine if your stakes will be returned or not.
Welcome bonuses
There are pros and cons to welcome bonuses at online sportsbooks. They make sense from the sportsbook’s perspective. After all, they want to make money. That’s why they offer these bonuses in the first place. But if you’re new to sports betting, you should know what you’re getting into. These welcome bonuses come in many forms. Here are some of them:
Event-related free bets
A bookmaker may offer free bets on an event if it is part of a promotion aimed at attracting new customers. These special offers usually have qualifying conditions that must be met before the free bet can be used. The bonus amount may be available immediately or after meeting the required requirements. Event-related free bets may be used on a wide variety of sporting events. You can find a free bet on any of these events, including tennis or football.
