AccaNation.com aims to provide all users with safe, fair and regulated recommendations for which online gambling sites to use as well as fun predictions for accumulator bets. In the interest of transparency we'd like you to know that we are compensated for any traffic we send to online bookmakers.

Best Free Bets & New Player Betting Bonuses

You only have to watch the advert breaks during a TV football match to know that all online bookmakers run promotions and offers especially for new customers.

Having so many different offers around, however, can make things quite confusing and that’s why we’ve put together this page – our take on the best free bets and new player welcome bonuses.

Top Free Bets & Bonuses

Why Do Bookmakers Offer Free Bets?

As we touched upon at the top of the page, free bets and other similar promotions are run by almost every online bookmaker. There must, therefore, be a number of very good reasons why betting sites do offer free bets and we’ve tried to summarise these as succinctly as possible below:

  • Bookmakers offer free bets to encourage potential punters to choose their betting site over their many competitors.
  • Free bets are also a good way to reward existing users of a site for their custom and to prevent them from leaving and choosing to bet elsewhere.
  • Free bets available for certain bet types or on specific markets are a good way to introduce punters to new ways of betting or new events to bet on and may persuade them to bet real money on those markets or types of wager in future.
  • By offering free bets, bookmakers can keep their customers happy and ensure that they are well reviewed and rated by those customers.

Types of New Player Betting Bonuses

Now that you’ve seen what we think are the top new customer offers around and have an idea of why bookmakers run those promotions, it’s time to dig a little deeper into exactly how the different promotions work. Every individual offer is a little different but generally speaking the new customer promotions on the market fit into the following four main categories.

Deposit Bonus

A type of new player bonus which is more commonly offered to new online casino players rather than new online bookmaker customers, a deposit bonus is a promotion which provides bonus funds based on the size of a customer’s first deposit. These types of promotion often provide a bonus equal to the value of a customer’s first deposit with a new betting site and so can be called a ‘matched deposit bonus’ or a ‘100% matched deposit bonus’. Some versions of the offer, however, provide a bonus worth more than the initial deposit and others provide bonus funds worth a certain lower percentage of the deposit.

Whatever the exact nature of a deposit bonus, there will be a maximum bonus amount imposed upon the offer and the bonus paid will likely be paid in the form of bonus funds. What that means is that the funds cannot be withdrawn and instead must be used to place further bets through the sportsbook running the promotion. Bonus funds, too, can be subject to wagering requirements which mean that punters must stake a certain amount (usually expressed as a multiple of the initial bonus amount) before they’re able to make any withdrawal.

Bet & Get

Bet and get style bonuses are perhaps the most common types of promotion run by online bookmakers. They are offers which provide one or more free bets to those new customer who place an initial, qualifying bet with a betting company.

In order to be classed as a qualifying bet, a punter’s first wager with a new company usually has to be worth at least a minimum stake amount, be placed at a certain minimum price (evens, 2/1 etc.) and be placed within a certain amount of time after account registration. Some bookmakers, too, will require that an initial bet be place only on certain sports or markets.

If a qualifying bet is placed, bet and get style promotions will then credit a punter’s account with free bets as stipulated by the individual offer. There are usually a handful of restrictions as to which markets free bets are eligible to be used for and generally speaking, winnings resulting from the use of free bets will not include a return of the stake.

Risk Free Bets

Risk free bet promotions are very similar to bet and get offers in that they provide one or more free bets if an eligible punter places an initial qualifying bet which adheres to the same kind of criteria mentioned above. Where they differ, however, is that they only provide those free bets as a refund of an initial stake if the qualifying bet is a losing one. Once again, any free bets which are credited will be valid only for certain bet types and winnings will be exclusive of the initial free bet stake.

Enhanced Odds

A type of offer usually linked to a major sporting event, enhanced odds promotions give new customers the chance to bet on a popular team or competitor at odds far in excess of those available to other customers. An interesting promotion alternative, these offers generally cap the total benefit which the enhanced odds are able to provide to a customer and of course, provide no benefit if the backed selection doesn’t win.

Common Terms & Conditions

As the above descriptions should have already made apparent, all types of new customer bonuses and promotions are subject to their own terms and conditions. The following are some of the most common types of terms and conditions that you need to be aware of:

Deposit Restrictions – The vast majority of new customer promotions will determine that customers funding their accounts via certain deposit methods are not eligible for bonuses. Excluded deposit methods are usually e-wallet style clients, such as Neteller or Skrill. Deposit bonus style promotions, too, will usually require that a punter’s first deposit exceeds a certain minimum amount and will match the bonus provided – in one way or another – to the size of that deposit.

Qualifying Bet Criteria – Bet & Get, Risk Free Bet and other promotion types which require a punter to initially place a bet before receiving their bonus will have a number of criteria which determine whether a bet can qualify for that free bet bonus. Such criteria generally include the overall value of the bet, the odds of the bet, the type of bet (single, multiple etc.) and the market on which the bet is placed.

Wagering Requirements – New player promotions which provide bonus funds will generally attach wagering requirements to those funds. Those requirements will stipulate that a punter must bet a certain amount after receiving the funds, before they are able to make any withdrawal. Usually the amount required to be wagered is set as a multiple of the initial bonus amount (i.e. three times) and the requirements generally have to be met within a certain time frame.

Free Bet Validity – Promotions which provide free bets will generally imposes limits as to how and when those free bets can be redeemed. Almost all free bets must be used within a certain time limit and other important things to look out for are which markets and bet types free bets are eligible for, whether free bets must be used in their entirety and whether they can be placed via mobile devices.

Geographical Restrictions – Across all different styles of promotion, geographical restrictions can be imposed as to which punters are eligible to take part in those promotions. Many new customer offers are limited to only UK or Ireland residents, whilst some others will have a list of excluded territories included within their terms and conditions.

FAQ

Dean Wyatt

Author: Dean Wyatt

Dean Wyatt is the founder and editor here at Acca Nation. He’s been betting sports for over 20 years and is a profitable sports trader on the exchanges.

View About Page