7 new bonuses that can help you bet online for free

So, you love the thrills of betting but don't have much money to spend? Free bets could be your answer. Lots of bookmakers give out bonuses weekly, and you can win real money playing with these offers. But how do you find them?

Claim Free Bets Stake Returned

Bookies give out free bets stake returned as sign up bonuses. That means you must be a new customer to claim the offer. You also need to deposit and spend at least £10 at most betting sites to earn the reward. 

But once you have the bonus in your account, you can use it to bet on a wide range of games. Of course, bookies impose conditions on what games you must play. For example, you could be required to use the bonus on a football game with odds 1.75 or higher.

Many free bets stake returned offers also come with wagering requirements. So, when you win money using the reward, you can’t cash it out before you spend an amount equal to your bonus one to five times. 

Deposit Bonuses

Deposit bonuses come in many forms, but they share one thing in common: you receive the rewards when you make a deposit. Most bookmakers award you a deposit bonus upon your first deposit. However, the best betting sites extend the offer to your second, third and fourth deposits.

Because you must deposit real money before you can claim deposit bonuses, experts advise you find bonuses that give you the most value. For starters, look at the size of the free bet. €100 is better than €50.

On the other hand, read the terms and conditions of deposit bonuses. Find a variety of bonus offers with few or no wagering requirements. Also, you want free bets that don’t force you to bet on risk games; competitive matches where the chances of winning are slim.

Stake Not Returned Free Bets

Regularly known as SNRs, these bonuses let you cash out winnings from a free bet but not the stake. Bookies give out these rewards to both new and existing customers. They also come with requirements like depositing and spending money to qualify for the offers.

Bookmakers can also limit you to spend stakes not returned on specific games. For example, you could be required to bet on a competitive El Clasico game where both Real Madrid and Barcelona have odds 2.0 or more. 

Fortunately, stake not returned bets tend to be wager free. So, if you win your free bet, you can cash out your winnings immediately. 

Refer a Friend Free Bets

If you have friends you believe would want to try betting, refer them to a site that gives out referral bonuses. You could claim up to 50% of your friend’s first deposit as a reward. As such, if your friend deposits €20, you get €10 you could cash out or use to bet free of charge.

The best part of referring a friend bonuses is that you can refer as many friends as you want. So, if you are good at marketing, you could refer hundreds of people over months and earn thousands of euros in the process. 

Reload Bonuses

Assuming you don't quit betting after one loss, you may want to fund your account at a casino you love to bet some more. To appreciate your loyalty, the betting site may give you a bonus equal with your deposit amount.

In many cases, however, reload bonuses come in small size. As such, it’s hard to get a reload offer 100% equal to your deposit amount. Instead, you could receive a 25% bonus capped at €50 or a 505 bonus up to €100.

Regardless, a reload bonus is another chance to bet without spending your money. And considering you get it as a returning customer; you probably love the bookie’s betting terms and conditions. The best bookmakers also give out reload offers regularly, meaning you’ll benefit from free bets occasionally. 

Cashbacks

Similar to reload bonuses, cash backs come in small amounts. You could get 20% of your weekly losses on a good betting site, but most bookies limit you to 5-10%. Despite that, cutting down 10% of your losses each month could go a long way in your bankroll management. 

Another advantage of cash backs is that you get them frequently. The only catch is that you must bet on a specific bookie site regularly. But if that's not a problem for you, cash backs are worth claiming. After all, it's free money that often doesn't attract wagering requirements.

Event Specific Bonuses

Statistically speaking, most casual bettors are most active during major sports events. Football fans place more bets during derbies compared to regular games. Tennis fans wager actively at Grand Slam tournaments while horse racing fans look forward to the Cheltenham Races. 

Most bookies compete for bettors' attention all-year-round. But it's during major sports event that they give out the best deals. Bookmakers that rarely give out bonuses could award you up to 500% of your deposit just before the Champions League final.

So, if you are planning to bet on a major EPL derby or a big boxing bout, check offers from your favourite betting site. However, also pay attention to the odds given for the match. Some bookies might give you bonuses to use on major games but set low odds to keep your profits low. 

Secret Loyalty Bonuses

Sometimes bookies give out bonuses unexpected. They do that mostly to loyal customers. They don't advertise the offers anywhere. You get a notification that you qualify for a free bet to spend on your favourite game.

Secret bonuses usually carry the best terms and conditions as well. In fact, most of them are wager free. So, if you claim and use the bets while active, you can cash out your profits hassle-free. Unfortunately, secret bonuses are rare and hard to predict. As such, there's little you can do to increase your odds of qualifying for these offers apart from betting regularly.