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Everything about FREE BETS
Free bets are a common feature of every betting website.
There is a lot of competition amongst online betting sites and free bets are a way to attract customers.
However, free bets are useful for one more reason.
Ultimately, every bet is a financial risk.
A free bet allows the players place a bet without taking a risk.
This makes the game more enjoyable.
It also lets the player improve his betting skills without paying for it.
No wonder free bets are so popular.
In this Jeetbig website, we’ll teach you everything you want to know about free bets.
Topics covered in this web page:
- What is a free bet
- Different types of free bets
- How to profit from free bets.
- Where to find the best free bets
- And lots of other useful stuff
WHAT IS A FREE BET?
Free is one of the most beautiful four letter words.
And Free bet is music to the bettor’s ears.
A free bet is defined as a bet where the bettor doesn’t risk any money.
The online betting site takes the risk in order to entice the player.
Even if the player loses the best, he loses no money.
Some sites offer free bets only to existing customers.
However, there are some that offer it to new customers as well.
Festive occasions like Diwali or Christmas are the best periods to hunt for free bets.
TYPES OF FREE BETS
There are many kinds of free bets.
Before you start betting, it is important to understand all of them.
By doing so, you can understand what is the free bet that will suit you best.
This will also help you decide which betting site to go ahead with.
BET REFUND
Suppose you select a site and place a bet.
Let’s assume that you lose the bet.
No problem!
In a bet refund, you will get a free bet if your first bet at the site loses.
The value of the free bet is equal to the value of your first bet.
QUALIFYING FREE BET
This free bet is available only if you fulfil a condition.
The condition is – you have to place a bet worth some amount.
Suppose your bet value is 500 INR, the betting site might offer you another bet worth 500 INR or even 750 INR.
In this kind of free bet, you need to qualify for it with an action.
That’s why it’s called Qualifying Free Bet.
MATCHED FREE BET
Like it is implied in the name, the betting site will match or equal your bet.
Say, you place a bet worth 800 INR, the sportsbook will match it.
So you will get another free bet worth 800 INR from the online betting site.
Let’s understand this with a real scenario.
Suppose you place a bet on a La Liga football match.
You bet that Real Madrid will beat score 3 goals in the match against Barcelona.
Let’s say, Real Madrid scores 3 goals by the 60th minute.
Regardless of what happens in the match thereafter, the sportsbook will indicate that your bet is a winner.
So the betting site will start the payout process even before the match finishes.
This is called Early Payout.
DEPOSIT BONUS
This is one of the most common free bets.
Here, the moment you make your first deposit, the betting site will add funds into your account.
This amount can’t be withdrawn but can be used to place more bets.
You will have to use a bonus code on the website in order to be eligible for a deposit bonus.
COMMON FREE BET FAQS
Where can I use Free Bets?
You can use Free Bets on any kind of betting activity.
Some players prefer to use them on sports betting. Depending on which sport they like, they utilise the Free Bets on cricket, tennis or football.
It’s also possible to use your Free Bets on slot games or table games like Teen Patti, Andar Bahar, Roulette or Blackjack.
The only thing you should note is, some sites have wagering requirements.
You can avail of the free bets only if you fulfil the wagering requirements.
Can you easily withdraw your winnings from a free bet?
There is no clear answer to this.
In some cases, you can keep all the winnings you made from a free bet.
Sometimes, the withdrawals are subject to wagering requirements.
Suppose the wagering requirement is 6X.
This means, you have to deposit the free bet amount 6 times before you are eligible to withdraw your money.
That’s why it’s a good idea to check the terms and conditions related to Free bets before you start playing.
Can you get a free bet without making a deposit?
Of course you can!
The only catch is, if there is a wagering requirement and in case you win a free bet, you can’t withdraw your winnings, till you fulfil the wagering requirements.
This can be tricky. So make sure you read terms carefully to avoid disappointment.
Which sites give the best free bets?
Firstly, every betting site keeps updating their free bets based on their competition.
Secondly, they try to give the best offers during festive seasons and major tournaments.
So this landscape is constantly evolving.
However, we can still make some assessments based on the free bets offered over the last 2 years.
Based on our analysis, Dafabet India comes out as the clear winner when it comes to Free Bets.
In terms of variety and the value, no other website comes close.
The second best site in terms of free bets is 10CRIC.
How many free bets can you claim?
It all depends on the sportsbook.
Some sportsbooks allow you to claim just one free bet as a new customer on your first deposit.
On the other side, there are websites that keep rewarding the player throughout their journey.
This automatically means you can claim free bets from multiple sports, at the same time.
UNDERSTANDING SOME KEY TERMS RELATED TO FREE BETS
While betting is fun, it is also technical. Unless you clearly understand the various technical terms and their ramifications, it’s risky to play with your hard-earned money.
Getting to know these terms also increases your knowledge and improves the confidence levels, making you a more skilled bettor.
Let’s look at a few terms and understand what they mean.
Wagering Requirements
Wagering Requirement is also called a Rollover.
Most free bet offers on betting sites have wagering requirements.
This implies you’ll have to place bets and deposit money a certain number of times before you can withdraw any winning amount.
The main purpose of wagering requirements is to ensure that players don’t misuse welcome bonuses.
So it’s fair mechanism as it attracts only serious bettors.
If there are no wagering requirements, players will play for free and also cash out for free.
This would not make any sense for the betting websites and they will shut down.
Despite this, it is possible to find bets with zero wagering requirements, but they’re extremely rare.
Only certain VIP customers who have an established relationship with betting websites can avail of these.
How the wagering requirement works
Suppose you get a free bet worth 500 INR with a wagering requirement of 6X.
That means, you’ll need to gamble a total amount of 6 X 500 = 3000 INR before you can withdraw your winnings.
Each website will have different wagering requirements.
This can range from 5X to 30X.
Minimum Odds in Free Bets
While using free bets, also keep in mind the minimum odds being offered.
Minimum odds are also used by betting sites to prevent bettors abusing the concept of free bets.
You’ll find all information about minimum odds while reading the terms and conditions of free bets.
A typical example is, the site offers a 3000 INR free bet with wagering requirements of 3X and 2.00 minimum odds.
These hedge against very low odds bets from being put on the bet.
Also, it stops people from easily withdrawing their free bet and preventing the misuse of free bets.
If an India vs Australia ODI is going on and India had odds of 1.10 to win, you won’t be able to use a bet on this in case there were minimum odds.
It’s important to understand why minimum odds exist.
They are not anti-bettor rules or to stop you from winning.
Rather, the only aim is to ensure that the betting sites are able to create a win-win scenario for themselves and the bettors.
Odds Boosts in Free Bets
This is a limited period offer.
To create more excitement, the betting site will offer more attractive odds or Boosted odds for certain specific bets.
As a result, if you win, you end up with bigger amounts.
Whilst this doesn’t increase your chance of winning, it increases your returns should you win.
When big tournaments like the IPL are on, betting sites can offer odds boost promotions.
If you are a VIP customer, the gambling site can boost the odds offered to you to the tune of 30% to 45%.
Best Odds Guaranteed in Free Bets
In this, the betting sites throws an open challenge that it will equal any odds offered by competing sites.
It’s a highly effective technique as most seasoned bettors are on the lookout for the best odds.
Naturally, they will be attracted to a site that offers best odds.
However, these best odds might be valid only during a particular tournament.
If they are available at all times, then they lose their news value.
How best odds work
Let’s assume you placed a bet on a football match at odds of 4.00, but the odds then drift to 4.5, the betting brand will make sure that you get extra returns in case you win.
HOW TO AVAIL OF FREE BETS IN 8 STEPS
SEE THE VALUE Of FREE BET
Check the amount of money on offer in the free bet.
While the amount is important, it’s not the deciding factor.
Even a small free bet offer is better than a big free bet offer where you can never withdraw your money easily.
CHECK THE WAGERING REQUIREMENT
The wagering requirement should be reasonable.
Otherwise you will have to sink in big sums of money before you can start withdrawing.
Select a free bet offer where the wagering requirement is below 30X.
SELLECT THE RIGHT WEBSITE
It’s important to select a website that is trusted and has a reputation for reliability.
Jeetbig has a good list of betting websites you can choose from.
Our panel of experts has selected these sites after a painstaking review process.
Going with a wrong website can lead to severe monetary loss as you may not be able to withdraw your profits.
SELECT THE KIND OF FREE BET
Refer to our selection above.
There are many kinds of free bets from deposit bonus to enhanced odds.
Make sure that your shortlisted free bet is being offered on a sport you like and are familiar with.
For example, football betting fans should choose free bets related to football.
SIGN UP
Read up all the betting site reviews on Jeetbig.
Also scan through the terms you need to fulfil in order to redeem your free bet.
Once you have done this, sign and register to create an account.
You also need to double-check the terms and see what is required to earn your free bet. You might have to place a bet first or make a deposit.
ENTER FREE BET CODE
It’s important to fill up the free bet code while claiming it.
Sometimes, people miss this minor detail.
Make sure you scan the site carefully and locate the free bet code.
MAKE A DEPOSIT
Before getting your free bet, you might have to fund your account.
There are multiple payment options available – from bank transfer to Skrill to Paytm.
Choose an option that you are comfortable with.
Next, visit the homepage of the betting site and choose your sport.
Add the bet to your betting slip and click on confirm.
UTILISE THE FREE BET
After you have transferred the funds, the free bets will be added to your account.
Use them to place a bet on the sport you love, keeping in mind the sporting conditions, the form of the players and also, your knowledge.
And enjoy the wins!
