How does a free bet work at bookmakers?

Free bets are one of the most popular forms of bonuses that entice bettors to play without making any deposits. They offer the opportunity to bet for free and win real money. However, each bookmaker has its own terms and conditions that are good to know.

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Rabona bookmaker – Risk-free bet

Rabona online bookmaker offers a weekly risk-free bet of up to €50

Free bets – two words that immediately catch the eye of any bettor. Free bets sound like an offer you can’t refuse. But how do they actually work? Are they really that advantageous, or is there more to them than meets the eye? What types of free bets exist, when should you use them, and what should you watch out for? And how do you know if they’re even worth it? In our article, you’ll find answers to all your questions, an overview of the main types of free bets, and concrete examples from real practice. Discover what free bets can offer you and learn how to use them wisely to get the most out of them!

Top bookmakers

Why do bookmakers offer free bets?

Imagine a situation where a bookmaker approaches you saying: “Your first bet is on us!” Sounds tempting, right? Free bets are a magnet for players – popular because they offer a chance to place a bet with no risk. But is it really that simple? Why do bookmakers even run such promotions? At first glance, it looks like a generous gesture. But the truth is, a free bet is not just a gift. It’s a well-thought-out marketing strategy. Bookmakers know that when they offer players a chance to bet “for free”, it’s much easier to get them into the game. It’s like a restaurant offering free samples – they know that if you like the first bite, you’ll want more. What players often overlook is the other side of the coin. For a free bet to truly benefit you, certain conditions must be met. This may include minimum odds, wagering requirements, or time limits. For new players, though, it’s a great opportunity to start without risking their own money. And let’s be honest – if there’s a chance to try your luck with minimal risk, who wouldn’t take it? So, does it work? Yes – for both players and bookmakers. Players get their first experience, maybe even a win, and bookmakers gain a new customer. Next time you see a free bet offer, don’t just think of it as a “gift”. Think of it as a strategy – one you can cleverly take advantage of.

Online bookmakers that offer free bets

MyStake casino logo

MyStake

Bonus: €500 welcome bonus

Place a bet

MyStake review

Megapari logo

Megapari

Bonus: €200 welcome bonus

Place a bet

Megapari review

NineCasino logo

NineCasino

Bonus: €450 welcome package

Place a bet

NineCasino review

Rabona logo

Rabona

Bonus: €100 welcome bonus

Place a bet

Rabona review

BetOnRed logo

BetOnRed

Bonus: €450 welcome package

Place a bet

BetOnRed review

How does a free bet work?

At first glance, you might say a “free bet” is simply a free wager. And you wouldn’t be wrong. But behind this simple term, there are several different versions. Not all free bets are the same – each bookmaker has its own rules and conditions. Some are more generous, others more strategic. So, what types are there? Let’s go through them one by one.

1.    Risk-free bet

The classic, and a favorite among beginners. A risk-free bet – or you might say a “safe bet”. How does it work? You place your bet, say for €10, and if it loses, your stake is refunded. Simple and stress-free. Usually, the bookmaker returns the amount as bonus credit, so while you can’t withdraw it immediately, you can keep playing. It’s the perfect choice if you want to try something new but don’t want to lose your deposit.

2.    Free bet for deposit

This type of free bet often comes with a deposit – usually your first one. For example, you deposit €20 and receive another €20 to bet with. Sounds good, right? Sometimes bookmakers offer even more – for instance, you deposit €10 and get a €20 free bet. Like a “two for one” deal. This bonus acts as a kind of starter pack that lets you begin with a larger bankroll and be a bit bolder in your bets.

3.    Free bet for activity

What bookmakers value most are loyal, regular players. That’s who they want to keep around. So, they offer special rewards – free bets for activity. It works in different ways: if you place a €10 bet every day of the week, the following Monday you might get a €20 free bet. Or maybe you bet on selected events with minimum odds, for example during weekend matches, and the bonus is yours. Another option? A certain number of consecutive bets on specific days – bookmakers love it when you stay active. This type of free bet is a great way to earn a reward for something you’d probably do anyway. So why not get something extra for your activity?

4.    No-deposit free bet

And finally, something you’ll appreciate the most – a free bet you get completely free of charge. No deposit, no commitments, just like that. This type of bonus is most commonly part of a welcome offer for new players, but it might also appear as a special promo or campaign reward. However, it’s not something you’ll see every day – no-deposit free bets are more the exception than the rule. And maybe that’s why players value them so much.

Specific examples of free bets

After the theoretical overview of free bets, it’s time for practice. Let’s take a look at how different types of free bets actually work at selected bookmakers. Each free bet comes with its own rules, and here we’ll show you how the conditions differ and what exactly you need to do to use them. Here are the most interesting offers:

Weekly 100% risk-free bet – up to €50

The bookmaker Rabona brings something every football fan will love – a risk-free bet you can claim once per week. How does it work? Just place a single football bet with odds of at least 1.5 and a minimum stake of €20. If your ticket loses, Rabona refunds your full stake, up to €50. Simply put – you get the chance to play without the fear of losing.

Free bet with your first deposit (15% of the amount)

The bookmaker Megapari offers a free bet as a welcome reward for newly registered players. Just deposit at least €30 and you’ll receive a free bet worth 15% of that amount. The maximum you can receive is €100, issued in the form of a promo code. A simple and direct way to kick off your betting with a solid bonus!

3+1 free bet

This offer from bookmaker MyStake is perfect for regular bettors. Just place three bets and you’ll receive the fourth one for free. The value of the free bet is calculated as the arithmetic average of your three placed bets. For example, if you wager €100, €75, and €50, you’ll receive a free bet worth €33.75. In short, every third bet gets you a bonus you’ll be happy to accept!

Bet & Get free bet up to €20

Famous and popular – that’s the Bet & Get promo from bookmakers NineCasino and BetOnRed. How does it work? The principle is simple: with a €50 bet, you get €5 free, with €100 you get €10, and if you bet €200 or more, you’ll reach the maximum – €20. Conditions? Choose a SOLO bet with odds of at least 1.40 or a combo (AKO) ticket with at least 3 selections and combined odds of 3.00 or more. Simple, clear, and rewarding – what more could you ask for?

In conclusion: Are free bets worth it?

Free bets are a great tool to try something new and possibly even win with minimal risk. But the key is knowing when and how to use them properly. For new players, it’s a chance to take the first step, and for experienced ones, an opportunity to get a bonus on top of their regular bets. But beware – no offer is completely without strings attached. Reading the terms and conditions is essential, or you might end up disappointed. And most importantly? Don’t bet recklessly. A free bet is meant for fun, not for an uncontrolled chase for more bonuses. So – is it worth it? Yes, if you know what you’re doing. And remember: with common sense and a strategy, it always works out better!

Frequently asked questions

What is a risk-free bet?
A risk-free bet means that if your ticket loses, the bookmaker refunds your stake (usually as a bonus or free bet).
How long do I have to use a free bet?
Each offer has its own time limit, which you’ll find in the terms and conditions. Sometimes you have only a few days, other times several weeks. It’s important to keep track so the bonus doesn’t expire.
Are free bets really free?
Partially. Some free bets truly require no deposit or conditions, but most come with certain requirements – such as minimum odds, a number of bets, or wagering of winnings. Always read the terms of the specific offer.

Michael Cermak

Michael Cermak

Article author – expert on bookmakers
Follow me: LinkedIn | Facebook
E-mail: michael@slothbet.com

I started gaining experience in sports betting through my work in the customer support of a foreign bookmaker. It didn't take long before I started betting actively myself. This has continued to this day. Besides thematic articles, I look for interesting bonus offers and valuable odds for you. You can find all articles here.
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