Sport betting is increasing in popularity and so is the demand for free bets. Free bets are ideal for those who just want to bet on their favourite sport team without the need to deposit real money. For beginners it might be a bit overwhelming to understand free bets and how they work. In this article we explain the most popular types of free bets and their meaning.
No deposit bonus
A no deposit bonus, as the name suggests, is a bonus provided by the bookmaker where the player does not need to deposit any money, instead the bookmaker provides free credit for the player to play with. Bookmakers usually do this with the intention to retain that player and in the future the player deposit real money. This website collects no deposit bets available in Japan in the form of a list.
Free bets example
Free Bet is a fictitious play fund provided to players by bookmakers.
If one make a bet with the free money received, the winnings will remain in the account in cash (real money). Even if you lose, the loss is zero. In other words, as the name implies one can bet risk-free. For example, suppose one gets a free bet of €100 and bets three times. If you win, €100 by three times equals to a €300 dividend.
€200 after deducting the free bet will enter your account as a profit. Free bets are a risk-free opportunity for players to increase their winnings, the most difficult part is finding a casino which offers them. Most bookmakers also put a withdrawal terms and conditions often referred to wagering requirements. Using the same example, this means that the player cannot withdraw the €200 winnings before they deposit real money.
The amount of real money that needs to be deposited to withdraw free winnings vary depending on the bookmaker wagering conditions.
Bonus conditions and wagering requirements
As explained, a no deposit bonus usually comes up with some conditions. Some of these conditions are for example, time sensitive. This means that the bonus will only be available for a specific time only. Some other conditions are related to cash deposits, also referred to as wagering requirements. For example, if the wagering requirement is 20x, one would need to bet the bonus amount for 20 times. This means that for a €30 bonus one would need to bet €600.
It is important that players play on licensed bookmakers only. This ensures you are treated fairly and the terms and conditions by the online bookmaker are fair. For help players can visit here.
Disclaimer: Play responsibly. Players must be over 18. For help visit https://www.gamcare.org.uk/.