Simon’s Free Bet Guide

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The header picture of Simon's Free bet Guide. The picture features a £ sign and the words "free bets" (all uppercase) over a blue background. The actual free bets and their details are listed below the picture.

Simon’s free bets and online sports betting promotions, with calculator

 

Simon’s Free Bets is the new addition to casino bonuses section. This section is focusing only on the promotional offers (risk-free bets) of online sportsbooks I personally recommend.

You can also find detailed information on all the different types of free bets available online and a free bet wagering requirement calculator is included as well (at the bottom of the page). With the free bet calculator you can easily calculate the playthrough and wagering requirement of any free bet you come across online.

 

Free bet guide

 

The free bet guide contains the following sections:

If you like this free bet guide, please give it a “+1”.

Thank you!

 

Free bets – US players not accepted

 

The following section lists all the free bet offers from online bookmakers I personally use. All of them are tested by me and I can personally vouch for any of them.

These online bookies (mostly registered in Europe) do not accept punters from the USA. You can find a list of sportsbooks accepting US bettor below this section.

 

32 Red Sports - industry leader in live betting and horse racing

This is the banner of 32 Red Sports. The online sports betting section of 32 Red Casino. 32 Red Sports is widely considered to be the industry leader in horse racing and live betting . The animated GIF banner describes the various free bets and other bonuses available at this online bookmaker. The banner acts as a link and by clicking on it you will be taken to the website.

Live betting, horse racing betting and free bets with free spins

£10 free bet plus 10 free spins on the Terminator 2 slot: 
New players receive £10 free bet and an additional 10 free spins on the Terminator II. slot in the casino section.

Daily horse racing price boost: 
Each day a few selected horses (UK & Ireland races only) receive a special price boost. Horses with the price boost symbol (*) next to their name will pay significantly more if you bet on them.

 

Wagering requirements and other details

Playthrough requirement of the free bets: 30x

 

£10 free bet plus 10 free spins on the Terminator 2 slot wagering and eligibility requirements:

  • A qualifying bet is a £10 win single on any selection (or combination of selections) with odds of Evs (2.0) or greater.
  • Void/push bets and bets on any enhanced odds promotional market do not qualify.
    A £10 free bet & 10 free Terminator 2TM slot games will be credited upon settlement of your qualifying bet.

 

General terms and conditions (apply to all free bets):

  • Offers are only available to UK & Ireland customers.
  • Due to promotional abuse, customers who deposit via Moneybookers & Neteller do not qualify for this offer.

 

 


 

Betsafe Sportsbook - Risk free football bets

This is an animated GIF banner ad of Betsafe sportsbook. Betsafe is a UK licensed online sportsbook. The text on the banner ad reads: betsafe, 50% deposit bonus up to €25, 2nd tier bonus, open an account today.

Betsafe online bookmaker – £35 in free bets

Free bets:

  • €20 free bet – for newly registered bettors
  • win a trip worth €6000 to Milan to watch the Champion’s League final

 

Wagering requirements and other details

Playthrough requirement of the free bets: 5x

 

The deposit plus bonus amount must be wagered a minimum of 5 times on any sportsbook bet with an odds of 1.80 or higher before you can withdraw.

 


 

Betsson - Risk-free bets on Sunday and 100% match free bet

This is an animated GIF banner ad of Betsson sportsbook. On the banner you can read: claim your welcome bonus, bonus 100% up to €25. These are the current free bets the sportsbooks is offering.

Betsson online sportsbook, 100% match bet, sunday specials

 

Free bets:

  • 100% extra on your first deposit, up to €50
  • risk-free bets on select matches every Sunday

 

Wagering requirements and other details

 

Playthrough requirement of welcome offer: 10x

You need to wager your profit 10 times at odds of at least 1.5.

 

Playthrough requirement of Sunday special risk free bets: 10x

You need to wager your profit 10 times at odds of at least 1.5.

 

 

 

Free bets – US registrations accepted

 

The following is a list of the free bets offered by online bookmakers, which accept US bettors.

 

GT Bets Sports Betting and Casino - accepting Bitcoin and accepting US punters

This the banner ad of Gt Bets online casino. The online casino accepts players from Macedonia.

GT Bets – US bettors accepted, Bitcoin accepted

Free bet details:

  • 100% match bonus up to $250, or 50% match bonus up to $500, that’s $250 in free bets
  • 15% monthly Horse Rebate, you get 15% back from the amount you wagered on horses at the beggining of every month, if you did not win
  • automatic cash reload bonuses
  • Progressive Parlay: $5, 15 team parlay with a minimum payout of $50,000 to any winner. Check back each week for the new jackpot amount, as it will increase the more times this bet is played

Does not accept players from the following US states: District of Columbia, Kentucky, Louisiana, Maryland, Missouri, New York, and Washington.

Playthrough requirements and wagering limitations

Free bet wagering requirement:
Sports – sign up bonus 10x, cash reload bonus 6x
Baseball – sign up bonus 25x, cash reload bonus 15x
Horses – sign up bonus 6.7x, cash reload bonus 4x

 

 

Bitcoin free bets

The following are free bets from online sportsbooks, which accept Bitcoin.

This the banner ad of Gt Bets online casino. The online casino accepts players from Macedonia.

GT Bets – US bettors accepted, Bitcoin accepted

 

Does not accept players from the following US states: District of Columbia, Kentucky, Louisiana, Maryland, Missouri, New York, and Washington.

 

 

How free bets work

 

Free bets come with wagering requirements and you always need to deposit a certain minimum amount to be eligible. Also, if you intend to play casino games as well, then there are wagering limitations to consider as well. Apart from this they are very similar to casino bonuses.

All free bets have their wagering requirements and limitations listed on the webpage. You can find it by clicking on the “Wagering requirements and other details” drop down menu.

 

Minim amount you need to deposit – The minimum amount you need to deposit before you are eligible for the free bet.

Wagering and playthrough requirements – Simply put, the wagering\playthrough requirement is the amount of times the free bet (or at certain bookmakers, your deposit + the free bet) needs to be wagered before the bonus can be cashed.

Usually it is around 10x, depending on the bookmaker, the type of the free bet, your location and the method you use to deposit money.

As a thumb rule: if the playthrough requirement is over 30x, then it’s not a very good free bet. If it’s less than 10x that’s a very good promotion. Very few bookmakers offer free bets with a wagering requirements under 10x (it is usually temporary).

 

Let’s take a look at wagering requirement, using  an example.

 

 

Example free bet – 100% first deposit match bonus

 

Match bonus wagering requirement:

The bookmaker you have chosen offers a 200% (up to $300) matched bet. After checking the terms and conditions it turns out it has a 30x playthrough requirement.This means you need to wager the deposit + the free bet amount 30 times.

You have deposited $100 and now you have $300 at your disposal.

 

Before you can withdraw your winnings you must place a total of 5 (wagering requirement) x ($100 [deposited amount]+ $200 [bonus amount]) , that’s $1500 worth of bets before you can withdraw your winnings.

 

 

Match bonus wagering limitations

Every free bet comes with wagering limitations. And if you want to play with casino games and not just place bets on sports, then you need to be aware of these limitations.

 

Usually bets with odds lower than 1.5 are discounted. Casino games with the lowest house edge are also discounted or they simply do not count towards your wagering requirement at all. Just to be on the safe side, make sure to read the details of the free bets and if needed ask the bookmaker’s customer support for help.

 

 

 

Free bet wagering requirement and playthrough limitation calculator

 

To make it easier to calculate the wagering requirements and limitations of free bets I have created this useful free bet calculator. You can use this calculator to assess the value of any free bet you come across online.

 

UPDATE: Please click here to access the calculator, due to a Google sheets upgrade the calculator needs to be opened in a new window to function correctly.

 

 

 

Types of free bets

The following is a description and comparison of the different types of free bets you can find online and a brief explanation of each.

Matched bet

A matched bet is considered to be the standard form of free bet.

When you place your first bet, your bet is “matched” with a free bet.

Matched bets are usually only available to new players. However on rare occasions there are matched bets for returning bettors as well.

 

 

Example – 100% first deposit match bet up to $300 and 10% second deposit matched bet up to $300

You deposit $100 and you will get $100 in free bets. In total you can play with $200.

You deposit another $100 the second time and this time you will only get $10. A total of $110 to play with.

 

Matched bets usually have a minimum odds limit,  you have to bet at those odds in order to claim your free matched bet – usually at 1.5 – 2.0 (½ – events).

 

Deposit bonus

Deposit bonuses are usually offered at online casinos, which have  an online bookmaker section as well. Deposit bonuses are the same in every way as matched bets, except the bonus is applied when you deposit and not when you place a bet.

 

No deposit free bets

This type of promotion used to be very popular. However, due to bonus abuse it is no longer offered. Even if you manage to find a bookmaker which temporarily offers a no deposit free bet you will see that the wagering limitation is usually much higher than normal.

Also, players depositing by Neteller and Moneybookers are almost always barred from taking advantage of these type of bets. And so are players from developing countries and Eastern Europe.

 

Stage matched bets

Stage matched bets are like regular matched bets except you will receive a free bet matching the total of your first 5 stakes, or a free bet matching the average of your first 5 stakes.

 

Tiered free bet

Tiered free bets (a.k..a structured free bets) are combination of different type of free bets.

 

Example: a deposit bonus + a matched bet + a 2nd deposit bonus.

 

No-lose guarantee bets

No-lose guarantee bets are awarded to unlucky players as a consolation prize. You get a free bet if you lose a certain amount of times in a row.

 

Free bet newsletter

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Last updated: 2016-05-06

 

The casino bonuses can be found here, the poker bonuses here, the bingo bonuses here and the Bitcoin bonuses here.

Gamble responsibly, know your limits,
SimonTheSorcerer

Summary
Article Name
Simon's Free Bets
Description
Free bet offers listed and compared from various online bookmakers. Free bet calculator included as well. Separate section for sportsbooks accepting US players and separate Bitcoin and Litecoin section.
Author
Simon's Online Marketing Kft.

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