Free Bet Help
Free Bet Help
Frequently Asked Questions
The world of betting is no longer simple! Every event has hundreds of markets these days and you can bet on anything you can imagine. I once had a fiver on Ronaldo to cry during the match – but that’s another story!
Football Bet Profit have found a lot of people are in need of free bet help so we’ve put together a list of frequently asked questions about free bets.
What is a free bet?
This is an obvious one for most gamblers but if you’re completely new to this then a free bet does exactly what it says! Usually given when you sign up to a new site, a free bet is money given to you by the bookmaker to use on a bet of your choice. The free bet is non-transferable and has to be used on the site that gave it to you and it cannot be withdrawn or transferred into real money.
Where do I get free bets from?
Nearly all betting site these days will offer you a free bet when you sign up to their site. Football Bet Profit have put together a list of Sites that offer Free Bets and compared the details. Sign up free bets come in all different shapes and sizes and with differing terms and conditions. You can also get free bets as an existing customer with offers.
What type of free bets are there?
Not all free bets are the same. Some sites will offer free bets of a certain amount like Coral’s Bet £5 get £20 Offer. Others offer ‘matched deposits’ like Betfair where they match your first deposit with a free bet of up £100 depending on how much you deposit.
How can I withdraw my winnings from free bets?
This varies greatly from bookmaker to bookmaker. Some sites like William Hill let you withdraw your free bet winnings straight away. However the 138 Free Bet requires you to stake the free about amount 5 times over before withdrawing it. It’s something to always take into account before signing up to claim your free bet.
What are wagering requirements?
Wagering requirements are the terms and conditions you have to complete before either getting your free bet or being able to withdraw your winnings from a free bet. They’ll often say you have to stake the amount of your free bet 5 times over before withdrawal. This means that if you get a free bet of £25, you have to place 5 more £25 bets before withdrawing your winnings. Again, these very a lot from site to site so you need to watch out for them. Some sites make it extremely difficult to withdraw any money – especially if you’re playing online casino games.
What are minimum odds?
Many site’s free bet terms and conditions will state that the qualifying bets have minimum odds. This means that in order to get your free bet, your first bet needs to be above a certain odds threshold: e.g above evens. Keep an eye out for the terms and conditions on site or read our free bet reviews so you’re not caught out. Minimum odds often also apply to wagering requirements.
Can I sign up to the same site twice for 2 free bets?
I’m sure everyone’s had the idea of signing up to the same site with a different username and claiming the free bet over and over! The betting sites are wise to this though. Almost all sites will catch you trying to do this (and we’re speaking from experience here). If you really want to do this you’re going to need separate billing accounts, home addresses and IP addresses. Even so we’d not recommend this as you’ll probably end up with suspended accounts that you can no longer use.
Is the free bet stake included in my winnings?
No, in almost all cases across bookmakers, your free bet stake will not be included in your winnings. This means that if you stake a £10 free bet on odds of 3/1 you’ll get £30 back instead of the £40 you’d get usually.
Got a question not on this list or need some more free bet help? Leave us a comment below or head over to Football Bet Profit’s Twitter Page, we’ll be happy to give all the free bet help you need!
If you’re looking for specific betting guides then make sure you check out our Top 5 Accumulator Tips!
September 16, 2015 / [email protected] /
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