Free Money For You to Bet
Some online sportsbooks offer promotions for you to test their platforms, and alongside with
Deposit Bonuses and Free Spin Casinos, there is the ‘free bet, no deposit’ promotion
available for sports events.
How Does it all work?
There are several kinds of freebies, especially for new customers. It is always interesting to
constantly check the market and the options available, there are so many reliable
bookmakers nowadays and punters can make use of the bonuses and promotions of free
bets for no deposit, because there is a major competition in this industry and the operators
want to steal market share using all the tools they have.
One common type of free bet involves a specific event, for instance, a free bet in the Stanley
Cup Final for new customers of a Sportsbook.
There are other sorts of bonuses such as the odds boost, that are as simple as they sound,
odds that are unusually high at a specific, prestigious event.
Are There Any Restrictions?
Normally, yes, but this is not something that happens just with this kind of bonus. Any kind of
promotion that encourages potential new customers to interact with any given website
usually mean that before the bonus can be converted in a withdrawal, there will be some
mandatory steps such as waiting a few days, weeks or even months (it really depends on
Often times there are Wagering Terms, meaning the free money needs to be bet several
times before it can be claimed as real money to be spent in real life. These terms might also
include minimum odds, for example ‘Wagering Terms: Rollover of 10x and minimum odds of
1.70’. It would be too easy to just bet on major teams to beat underdogs and take little risks
to cash the bonus, but it’s not this easy. It’s Free money to be bet, not free money to be
cashed out immediately.
At times the bookie will force you to make a deposit before ever allowing you to withdraw,
but usually this rule exists for the operator to collect some financial data which may help
them veryfing your identity – such as making sure you live where you claim to live based on
where you have a bank account or where your credit card was issued, but of course,
sometimes they simply want to see you betting more.
Proof of Identity and Residency (and at times, Banking Residency) aren’t even linked to the
promotions, virtually no operator will allow significant withdraws without making sure of who
Customers at times feel frustrated about these restrictions, but often times the operators only
need to accept compliance legislations related to money laundering, there are several
crooks out there betting funny money at bookmakers all over the world, so if you ever felt
uncomfortable when your favorite bookie made several questions when you tried to
withdraw, sometimes it just means they are obeying the law.
Take Your Free Chance
Now that you know a bit more about the free deposits and how they work, go ahead and
scan the market to find nice promotions, but make sure you research about the terms
regarding withdraws of profits that derive from free bets, don’t waste your time with great
virtual money that is just too hard to ever be converted in ‘real life money’.