Best Free Bets 2023/2024

A free bet is a bet in which the stake does not require to be paid. By placing a free bet, you gain the opportunity to win without putting any money in the prize pool. This is one of the best ways for beginners to start betting. It guarantees that they can never lose their initial stake and be more comfortable with gambling online. Free bets also allow them to keep track of their betting progress by seeing whether they have won or lost on each day of betting.

Best Free Bets 2023/2024
Zhang Wei
Topic ExpertZhang WeiExpert
Fact checked byTomas NovakFact Checker
Localised byEthan LimLocaliser
Why do bookmakers offer Free Bets?

Why do bookmakers offer Free Bets?

Free bets are often seen as a tool for gamblers who want to test out new games or improve their skills before risking real money on them. And while some bookmakers may offer free bets as a no deposit welcome bonus- calling it free bets no deposit bonus- others award the bonus to existing players as a reward for their loyalty.

One reason for offering free bets is to gain a competitive advantage by getting more people involved in betting. In other words, bookmakers don't want to lose their clients to competitors.

Another reason these online betting offers exist is to attract new players and give them an incentive to sign up with them. Once the players understand how betting works, they can start wagering money on bets. This helps the bookmaker grow their customer base, which boosts their chances of getting more revenue.

Why do bookmakers offer Free Bets?
How do online Free Bets work?

How do online Free Bets work?

You may be wondering how free bets work. Well, once you place a free bet, you can either win or lose the bet. If you win, the winnings will be credited to your account, and you can withdraw them at any time you want. If you lose a free bet, then nothing will be credited to your account. If you have a balance in your account, nothing will be deducted since you did not risk any of your money.

What happens when a player activates their betting?

A free bet is an easy sports betting bonus to activate, and once you have activated it, all you need is to wait for the result of the bet. If you win the bet, note that the bookmaker will deduct the bonus amount from the winnings.

Here is an example of what happens: if the book gives you a free bet bonus of 10$ and you place a bet whose potential winning is $30, then you will not be able to withdraw $30. The bookmaker will deduct $10 from the winnings, so you will remain with $20 to withdraw. This ensures that the book does not get any loss. After all, esport bookies are business.

How do online Free Bets work?
How to use Free Bets

How to use Free Bets

The idea behind them is that they are free to use, so you can decide whether to continue using them or not. One of the most popular ways people use free bets is by making bets on their favorite sports teams.

When it comes to using free bets, the rule of thumb is to look for the best betting bonus offers. That's because bookmakers are usually in competition with customers. And while there may be some common denominators about this bonus type, there are some significant differences depending on who is offering the bonus.

So when doing your research, compare the offer on the table with other online esport betting websites so that you know what you're getting yourself into and if it's worth it based on the odds and payout rates offered.

How to use Free Bets
What to consider before accepting Free Bets

What to consider before accepting Free Bets

There are no hard-and-fast rules on deciding which free bets are worth your time, but there are several things you should consider. There are often different conditions attached to receiving a free bet from a bookmaker.

The terms and conditions of free bets usually vary among bookmakers and may include several restrictions, such as the maximum amount of bets, the number of free bets that can be received over a certain period of time, the timeframe during which the offer is valid, and many more. If you think the terms and conditions of a particular bookmaker are favorable, then you could give the bonus a try.

The number of free bets you get is yet another important factor that will affect your bottom line. If you receive a lot of free bets, you will be able to play longer and maximize fun.

What to consider before accepting Free Bets
Tips and tricks for Free Bets

Tips and tricks for Free Bets

Are you looking to get the most out of free bets? Here are some helpful tips and tricks:

Sign up to multiple betting sites

You should note that a free bet bonus is usually a small amount of money. If you sign up to, say, ten esports betting sites that offer free bets, that would be enough bankroll to help you try your luck on games. For instance, if each of the ten sites were to give you $10 as a free bet bonus, you would have a total of $100 to bet with. Now, that's a good amount of money to have fun.

Join a betting site with High Odds

While no bet is a sure bet until it's won, make no mistake to imagine that winning a bet is impossible; it is very possible, and that's why people win. A good strategy combined with some luck could result in a win. So, if there is a chance to win, then you should choose the best odds to maximize your win in advance.

Withdraw any winnings

It doesn't matter how small a free bet profit is; you should be contented with it unless all you want is fun.

Tips and tricks for Free Bets
Responsible gaming

Responsible gaming

Responsible gaming implies that the gambler has to consider their finances and the consequences that can arise from it gambling. A responsible gambler always has to keep in mind the fact that they can get emotional and base their decision on how they feel instead of being logical. Some helpful responsible gaming measures include:

  • Sticking to reputable esports betting sites and avoid those that are not reliable or have been blacklisted
  • Not betting more than you can afford to lose
  • Never using your life savings as a collateral for your bets
  • Never drinking alcohol while online betting - it impairs judgment and increase the chances of losing
  • Setting deposit limits
Responsible gaming
About the author
Zhang Wei
Zhang Wei

Zhang Wei, better known in the Esports arena as "DragonMaster," has carved a niche as a thought leader at the crossroads of online casinos and Esports. With an unerring instinct for trends, combined with a meticulous attention to detail, he's both a strategist and a visionary in the field.

Send mail
More posts by Zhang Wei