If you plan to use this method then read our Skrill bonuses or Neteller bonuses pages. While the focus of much of the sportsbook world is on attracting new customers, you will find that the best sportsbooks also offer a range of bonuses and promotions to regular players and customers.
- Welcome bundle: deposit $100, receive $100 sports bonus + $50 casino bonus
- Live bet insurance: first live bet refunded if it loses, up to $50
- Bonus bet back on your first 4-leg parlay, win or lose
- Highroller offer: 50% deposit match up to $1,000 for deposits over $500
- Free $5 bet every day for your first week
Here are some of the most common existing customer promotions you will find. One welcome innovation for sports betting fans is the rise of the prediction competition.
- First bet insurance with a higher cap of $500, paid in cash
- Deposit with Bitcoin and get a 150% match up to $750
- Bet credits for signing up and verifying your phone number
- Exclusive new user price boosts on three pre-selected markets
- Parley profit boost of 50% on your first three combo bets
- Free entry into a new user exclusive DFS contest
In this type of promotion, which is usually open to all customers, you can put your betting skills to the test by predicting the outcome of a range of matches or events, with the winner often rewarded with free bets. Football prediction competitions are the most common, but you can find competitions associated with a variety of sports, including golf, US sports and tennis.
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When it comes to minimum odds and the sorts of bets you may place, there are certain guidelines to follow. In essence, there are two sorts of no bet best betting site offers free deposit incentives: no deposit bonuses with no restrictions and no deposit bonuses with restrictions. The former is uncommon since it may be used on any sport of market, while the latter is limited to certain markets. Before going on to answer exactly what a stake returned bonus is, it is important that we understand what the term “stake” means by itself, and it really is a simple definition. Basically, the stake is the amount of money that a person originally places on a bet, so if you place £10 on a 3/1 bet, your stake will be £10 and anything you win will be classed as your winnings.
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Now that you know what a stake is, you will have probably worked out what a stake returned free bet or new customer offer is. It is basically a free bet that you are allowed to make by the site – usually as an incentive to sign up with them and deposit money – that, should it turn out to be a winner, returns the stake as well as the winnings. This means that if, for example, you place that £10 bet on the 3/1 odds, you will receive £30 in winnings and the original £10 stake back, therefore meaning that you profit by £40. When you usually place a bet at a bookmaker, you will win the odds that you have been quoted for, so if you bet £10 on a horse with odds of 5/1, you will win £50. On top of this though, you will also be given back the original stake, therefore meaning that, in total, the bookmakers will hand over £60 to you – £50 profit of which is profit. Regular customers may also be able to claim Bet and Get offers of the type detailed above.
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Below you can take a look at each different type so you can get to grips with how they work and which to look our for. The most common form of new customer offer is the ‘Bet and Get’ offer. You will often see these aimed at new players and the basis of the deal is simple. Sign up to a new site, bet a certain amount and then receive a quoted figure in free bets. A typical case might be a ‘Bet £5 Get £10 offer’ in which you would bet £5 on a qualifying market and then get a £10 free bet in your account.
Step 2: Opt in to the promotion (if required)
Without wanting to sound obvious, risk free bets are exactly what they sound like – bets that ensure that you do not have to risk any of your money, but which also pay out should they prove to be winners. The only thing that you have to ensure is that you have money available in your online account, as you will need to pay for the original bet. Should your bet win, then you will receive the payout, but should your bet lose then the bookmaker will refund you the money that you initially placed. Therefore, there is no risk – you will break even with this type of bet at the very worst. Risk free offers do not come about very often, as they are only usually offered to people when they make their first bet on a new account. Unlike the welcome bonus version of this promotion, the deal for regular players will usually be tied to a particular event or market, often to promote activity around the time of a major tournament, such as a World Cup or the Super Bowl.
- New user profit boost: 20% extra winnings on your first winning bet
- Referral chain: get $25 for each friend who signs up, up to 5 friends
- Free $2 superfecta bet for creating an account on Derby day
- Welcome points: 5,000 loyalty points credited immediately
- No deposit $1 free bet for predicting the winner of a featured game
- Welcome odds: enhanced prices on the weekend's top football matches
- VIP fast-track: earn tier credits at double rate for your first 30 days
- Social media bonus: follow us on Twitter/X and get a $5 free bet code
This type of promotion is therefore usually topical and short term, and so regularly checking the promotions page of your sportsbook can help you spot them in time.
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So why would a bookmaker offer you a free bet? Well, there are a couple of main reasons why bookmakers are happy to do this. Firstly, by aiming their free bet offers at new customers, they can maximise their player base, drawing in new registrations with big offers. Unfortunately the ultra-competitive modern online sports betting industry is focused far more on attracting new business than on providing the best odds or the biggest range of markets. Claiming a new customer betting offer in the form of a free bet is straightforward.
3. Sky Bet
Although there will obviously be some variation between bookmakers, most follow the same approach. Navigate to the site with the free bet offer you want to claim Click on the Join Now or Sign Up button Complete the relevant identity details, including your name, address, email address, username and password. Where required, confirm your identity by uploading relevant e-documents such as a driving licence or a passport With most welcome free bet offers, the amount of your first deposit will determine the level of the bonus you receive Some new customer offers simply require you to make a deposit, while others will be triggered when you make your first bet Check that the bonus has been credited to your account As you can imagine there are a number of different types of new customer offers offers. Some are more player friendly and some are more bookmaker friendly. The three types you’ll encounter are risk free, stake returned and stake not returned. Unfortunately, loyalty programs are not as common for sports betting customers as they are in the casino sector. Still, there are some sportsbooks that will offer loyalty or reward schemes for regular customers. As with other forms of retail loyalty schemes, registered customers will receive points every time they use a site, and those points will eventually add up to rewards. These rewards are often in the form of free bets, and the further into the scheme you progress, the bigger the free bets and perks.
| Sportsbook | Offer | How to Claim | Auto-Applies? |
|---|---|---|---|
| DraftKings | $1,000 No Sweat Bet | Opt-in during sign-up | Yes |
| FanDuel | $1,000 in Bonus Bets | Bet $5+ on any market | Yes |
| ESPN BET | Bet $10, Get $150 | Make first deposit | Yes |
| bet365 | Bet $1, Get $200 | Place first bet | Yes |
As with the Bet and Get offers, sportsbooks sometimes make Odds Boost promotions available to regular players and just newcomers.
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They are also usually limited to a certain amount – usually £50 – but this is more than most recreational gamblers will place on a single bet. If you do bet more than this amount then you’ll only get the value of the advertised free bet returned. An enhanced odds offer does exactly what it says on a tin. You will earn better odds on a certain market or event if you join up for one of these promotions. Enhanced odds offers are normally part of a signup bonus, but they may also be part of a loyalty program or a recurring bonus for a frequent user of a betting platform.
5. Betfred
They’re sometimes termed as enhanced odds or price increase, but they all mean the same thing. Essentially, the odds on a particular event will be increased, as will your potential winnings. Free bets with no deposit are effectively free money to wager with. J You don’t need to deposit funds to your account; just open a new account with a sportsbook and you’ll be given money to start betting with. The amount of free bet money with most no deposit free sports bets may be relatively low, beginning at roughly £5. And, as with the Bet and Get promotion, these will usually be aimed at particular events.
- 100% deposit match up to $500 with 5x wagering requirements
- Free $10 bonus bet upon account verification
- Bet $5, get $150 in bonus bets if your first wager wins
- No deposit $5 free bet just for signing up
For example, you might get boosted odds when you bet on a quoted accumulator or in the winners market of a big event such as the World Cup or Champions League final.
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With stake not returned free bets/offers, the original stake that you would have had to place if it had been a normal bet is not given to you, therefore meaning that all you get is £50. Some would say that this is fair enough, as your original stake was, in effect, nothing, therefore why should the bookmakers be expected to pay you a stake that you never placed in the first place? Others, however, think that this is a bit of a cheat and that the free bets should work exactly like a regular bet would. At the end of the day it’s still a bonus just not quite as good for punters as a stake returned deal would be. Just incase you’re still not sure… The basics of this question are probably very easy for you to work out, as the difference is that a stake not returned offer basically means that, should the free bet you get credited turn out to be a winner, the bookmaker will only pay out the winnings and not give the stake to the punter as well.
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This obviously means that, at first glance, a stake returned bonus is a much better offer than a stake not returned. You have to be careful when comparing offers though, as there are times when a stake not returned free bet from one site can be better than a stake returned free bet from another. This is because it is regularly the case that the former type of bet is for a larger amount – say £15 instead of £10 – and that the winnings therefore more than make up for the fact that the stake is not given to the winner as well. It might be easy to say that bookies offering stake not returned free offers are being tight with their money, bet betting sites with free sign up bonus but you really have to look at the deal objectively before jumping to any conclusions. NOTE: deposits made using Skrill and Neteller are usually banned from claiming any type of free bet or welcome bonus. Again, these are the type of promotions that are offered at short notice so you may have to move quickly to claim them.
| Promo Type | Typical Offer | Key Requirement | Best For |
|---|---|---|---|
| Deposit Match Bonus | 100% match up to $1,000 | Initial deposit | High rollers |
| Risk-Free Bet | $1,000 refund if first bet loses | Place first bet | Cautious bettors |
| Bet and Get | $200 in bonus bets | Bet $50+ on any market | All bettors |
| No Deposit Bonus | $50 free bet upon sign-up | Account registration | Testing the platform |
Note: you can find the best existing customer offers in our latest betting promotions section. There are hundreds of free bet offers out there, most of them aimed at new customers, so it can sometimes be difficult to sort the good from the bad and the ugly. To help you navigate a successful course through the maze of free bet deals, here are some key things to look out for. Obviously, the size of the free bet offer will be the first thing to catch your eye and one of the first factors to consider.
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