We all like free right? Who doesn’t! One of the best things about playing at top sports betting sites like Lilibet is great bonuses and free bet offers. That’s right – free bets. It is possible to make a risk-free bet on your favorite sports – such as the English Premier League or La Liga at great football betting odds.
We love seeing winners at Lilibet! That’s why we have prepared a guide to grab a real money win using free bets online.
What Is a Free Bet?
A free bet is exactly what it sounds like. Sports betting bonus of a wager that costs you absolutely nothing. Free bets are incredibly popular, and most bookies will offer them quite regularly. You’ll see free bet offers ahead of big matches, series, or to promote a major tournament.
Commonly, a free sports bet will be offered on football and cricket matches but can cover any sport. This bonus is a risk-free bet in which the bookie fronts the stake of a bet, and the player will take home the reward if the bet should win.
How Do Free Bet Offers Work?
Using a risk-free bet is super easy. How free bet offers work is the sportsbook platform will front the cost of a bet and you can reap the rewards. Now, one important factor of the free sports bet is that you won’t receive the stake back if the free bet is a winner – this is because the bookie put up the stake.
For example, A winning €5 free bet at odds of 10.00 will net a return of €50. But since it was a free bet, the stake is returned to the bookie, so the player will walk away with €45.
Typically, there should be no wagering requirements associated with a free bet bonus, so most free bet offers will be of a minimal amount.
What To Look for In a Free Bet?
Whether you’re looking for free football bets or the perfect risk-free bet, there are a few things to look out for. Don’t worry though. We, at Lilibet, have a load of free betting tips to make sure you pick up perfect free sports bets today.
- Terms and Conditions – you’ll want to double-check the terms of the bonus to make sure it is suitable for you. Check for the expiration date on the free sports bet and see if it needs to be placed on a particular sport. You’ll also need to see what the minimum and maximum odds are so that you don’t place a bet that doesn’t qualify. Also, knowing the required odds mean you can best choose to make a free sports bet that provides the highest possible payout!
- Wager Requirement – one of the best free betting tips, a free bet should not have any wagering requirements attached. Meaning you shouldn’t have to bet any of the free bet winnings in order to take home the winner as real money. Be wary of some “risk-free bet” marketing. These free bets sometimes ask you to wager the risk-free bet winner again as a free bet and only if that bet gets up will you take home any winnings.
- Use a Free Bet Calculator – to see if a free bet offer is going to be useful at the minimum odds, try using a free bet calculator. A free bet calculator is a tool that shows how much return and profit is possible from a particular bet. It is especially useful for placing the most profitable free bets online.
- Choices – when going through those terms and conditions, you really want to grab free bets online that allow you to wager on as many sports as possible. A football betting free bet is nice but if you don’t like football, you won’t be as effective, nor will you have as much fun as sports betting on a market you enjoy.
Can You Get a Free Bet with No Deposit?
The free sports bet on sign-up is arguably the most common form of this bonus and requires a deposit. Several other free sports bets today don’t technically require a deposit to access but require a qualifying bet to be placed to receive the free bet bonus – such as bet £20 and get a £10 free bet.
On some rare occasions, free bets online are offered as a true no deposit bonus. These sports betting bonuses are offered to existing loyal customers and a generally very small – like £/$/€ 1 -2. It’s important to note that a no deposit free sports bet is likely to have associated wagering requirements, but this is not always the case.
Where To Get the Hottest Free Bet Offers?
There are loads of sports betting platforms that offer a free sports bet bonus – some even feature a free bet for casino games too. You can either find free bet offers in the promotions section of a sports betting site or they’ll be heavily advertised on the homepage.
At Lilibet, you’ll find regular casino bonuses and sports betting offers every month. Free bet offers aren’t available at Lilibet all the time but that doesn’t mean there is a shortage of bonuses. We always have a matched deposit welcome bonus available to new players – whether you’re joining the sportsbook or online casino – and there are regular prizes and free spin offers too.