The greatest question of all, at least when free bets are concerned, is – what makes a free bet a good one? There are so many Bookmaker Offers that you’d be forgiven for not really knowing the answer to this question and for just going with the flow and claiming each offer you like without examining it in detail. But – you have to examine it to know if it’s good or not. Here we’ll help you distinguish between good and bad free bets. Should be fun!
Ideally, you want to keep as much of the bonus money as possible, for a stake that’s as low as possible. If you only have to place a £10 on odds 1/2 (1.50) to get £30 in free bets, as is the case in Betfair, then that’s excellent value. Also, it’s great if you’re getting something on the side, such as free spins on Ted slot game at Paddy Power. In a perfect world, you’d never be asked to play through your free bet winnings but would be able to withdraw them immediately.
We’ve never been huge fans of no-lose free bets, or whatever you want to call the situation in which you get a free bet if your first bet with that bookmaker is lost. That’s just a lousy proposal in which you only “win” when you lose, as your loss is covered by the free bet, but then you’re put in a situation where you have the free bet chip but only get to keep the winnings, so you’re being pushed towards betting on evens (1/1, 2.00) as you try to win your initial loss back. If you win your first bet at that sportsbook, you don’t get the free bet, and that sucks. Also, many people get overexcited about this no-lose proposal and then choose some improbable outcome for their first bet, such as Manchester City scoring in the first 10 minutes of the game. There’s simply not much to be gained from a no-lose free bet. You’d be better off punting without it.
The worst free bet you can get is one where you have to play through your winnings several times with some specific conditions before you withdraw your money. This is sometimes the case, so it’s best to check T&Cs of the offer before you dive into it and find yourself not being able to withdraw your money before you play some more.
Alternative bookmaker offers
There’s more than just free bets, you know? Bet365 and several other bookmakers have acca bonuses you can claim as many times per day as you want, and these bonuses always pay and never have playthrough requirements. There are acca insurance bonuses at bookmakers such as Betfair. There’s a whole range of deposit bonuses if you’d just visit a non-UK bookmaker. Betfair have ton of special bets you can bet on, and you might consider this a sort of a bonus as well.
What about those increased prices?
Well if you can get 8/1 on Manchester Utd to beat Arsenal, as seen on featured image, doesn’t that sound too good to be true? It is. You’ll soon find out the stakes are limited to £10, which means you can get a maximum of £90 back, and your winnings will be paid as free bets. That means you don’t actually get to keep the money, but you will only get to keep the winnings from that £80 free bet, if you do win. And if there’s no playthrough requirement for that as well. Ugh. It’s not the best thing that ever happened to you after all.
Whenever you want to claim a signup offer, or any other offer for that matter, examine the T&Cs first and see what you’re really getting. You don’t want to be put in a situation where you got a free bet of £30 and won £12.61 with it as you only got to keep the winnings, and then you have to play through that £12.61 several times before you get to actually see the money.