Types of free bets
There are a huge number of free bets available online, and understanding the difference between them may seem a little overwhelming. However, there are a few basic free bets that are commonly offered to new or existing players.
Welcome offers
Typically, a welcome offer is a bet that new players receive when opening an account on a sports betting website. This type of offer comes in a variety of different forms, however, it is common to find that these free bets take the form of a cash bonus on the site. Once your bonus appears on your account, you can spend it as you wish before withdrawing your funds.
Risk-Free Bets
When placing a risk-free bet, you make a deposit which you use to place bets on the sports event of your choice. If your bet proves to be successful, the sports betting company should refund your deposit when you receive your payout. However, you are also refunded your deposit if you lose. This makes it a truly risk-free bet as you are guaranteed to get your deposit back regardless of the outcome.
Matched deposit free bet
A matched deposit free bet is a type of bet that players receive after adding funds to their casino account. As indicated by the name, a matched deposit free bet entitles you to a bonus that is equal in value to your deposit.
Profit boost
Free bets like profit boost bets, help to increase the payout you receive after you have taken part in a round of sports betting. Typically, you receive a ticket with a certain value on it. You are then allowed to place your bet and apply for the ticket, as long as your bet value does not exceed the value of the ticket. If you win your bet, you receive a bonus on your payout to the value of your profit boost.
Free bets no deposit
As the name indicates, free bets no deposit are a kind of bonus that you can take advantage of even if you aren’t able to deposit any funds. These are offered to both new and existing players as a part of a promotion hosted by your favourite sports betting platform.
Enhanced odds
Free bets with enhanced odds are a good option for both new and existing players. To create enhanced odds free bets, bookies add additional odds to the bet making it easier to receive an excellent payout with your bet.
Betting offers for existing players
There are a wide variety of free bets available to new players and fortunately, there are as many options available to existing players. Taking advantage of betting offers is a good idea, even if you believe you know everything there is to know about sports betting. Not only do they provide you with a sense of security, but they may also provide you with a small payout even if you do not end up winning your free bets.
Moneyback But No Cashback
As the name indicates, a moneyback bet is a type of bet that existing players can take advantage of if they don’t believe that their bet is likely to be successful. To take advantage of these kinds of bets, simply place your stake, apply a moneyback offer and wait for the results of your wager. If your bet is successful, you can bring home an outstanding payout. However, if your team is not successful, your bets are refunded.
Acca Insurance
Also known as Accumulators insurance, Acca Insurance is an excellent option for players who would like to place free bets on a riskier wager. Simply place your bet with Acca insurance, if you are to lose, your deposit is refunded. However, there is another benefit associated with Acca insurance. When you take out this type of insurance, you also stand the chance of getting money back on losing accumulators.
Free bets terms and conditions
Before taking a look at the terms and conditions commonly applied to free bets, it is important to note that they depend entirely on the platform that you are choosing to use. However, they all have a few basic elements in common. Firstly, it is common to find terms and conditions state that free bets are only accepted if they have been made online. You may also find that there are several conditions related to welcome offers and promotions made to existing players. The terms and conditions often require you to make additional bets to the value of the bonus that you have received. Once you’ve done this, you can withdraw your payouts. When examining the terms and conditions, take a look at the max betting and win limits. This way you have a clear expectation of the amount you are allowed to bet as well as the amount of money you could possibly win if you are successful.
Sports betting and free bets
People have been making bets on sports for as long as we have taken part in them. The modern sports betting practice that we know and love today, was first established in Victorian Britain in the 1800s. Horse races had previously been a pastime reserved for the elite but during this time it was opened to all classes. It quickly became apparent that bets could be placed on the outcome of these races. As a result, it became more common to find bookies and Ladbrokes who were willing to facilitate these bets. So a new hobby was born, however, the original version of this kind of betting was often much different than it is nowadays.
Although it is important to understand the history of sports betting, it does not explain what it is. In short, betting on sports involves a prediction on the outcome of a particular sports event. You then need to place a wager on this predicted outcome. To make these predictions, it is a good idea to take a look at the risks and benefits associated with a particular sporting event. This allows you to make a judgement of how likely you are to win on the sportsbook and how much money you are willing to spend on your wager. After you have placed your free bets, you get to sit back and enjoy the game. Once the event is over, you should go back and look at the results of your bets, you are then able to claim your winnings and make more bets. In the past, you needed to visit a physical location to take part in this type of betting. However, it is now possible to take part in exciting free bets from the comfort of your own home, thanks to online sports betting.
Free bets are exactly what they sound like. These are wagers that can be placed on your sports without having to use any of your own money. These free bets are often made available to sports betting enthusiasts who have just joined new sports betting companies. However, there are also free bets for existing customers. This entitles players who already have sports betting accounts to make free bets no deposit required. When making use of free bets no deposit, you stand the chance of winning a significant amount of money without any real threat to your pocket.
Getting started with free bets
Before you start using your free bets in our directory it may be a good idea to familiarise yourself with the basic principles of this gambling venture. You may just be surprised to learn that there is much more to it than you may ever have expected. The first thing to take into consideration is the different types of wagers that you can place on a sporting event. After this, you should take a look at your odds and the different ways they are presented. Finally, you need to decide on the particular sport you would like to use your free bets on.
Wager types for free bets
A common mistake made by beginners is assuming that there is only a single type of wager that can be placed on the outcome of a sporting event. However, this could not be any further from the truth. Take a look at the types of bets listed below so that you can make an informed decision when placing free bets.
- Win bet – Often considered one of the most simple types of bets that can be placed on sports, Win bets are placed on the predicted winners of a certain sport. For instance, if you are placing your bets on a tennis match, a Win bet would be made on the player who you believe is most likely to win the match.
- Point spread – These types of bets are placed on the player who is most likely to cover the spread. The spread is created by the bookmaker and awards or removes points from individual players according to whether they are seen as favourites or underdogs. If you place your free bets on a favourite, you are betting that they are going to win by a particular margin. Bets on underdogs can be made according to whether they are going to win or lose.
- Handicap betting – In this type of betting, players are also awarded points by the bookmakers, to even the odds. You are then able to make a free bet according to whether or not a team is likely to overcome this disadvantage.
- Totals – The bookmaker sets several goals or points that could be obtained in a sporting event, you are then able to place your bets on whether the total score is going to be above or below this prediction.
- Prop bets – These types of bets are placed on specific aspects that do not affect the outcome. For instance, you could place free bets on which player is going to score the first goal or point.
- Futures – These types of bets are placed on the outcome of grand or national tournaments or competitions.
- Parlays -An accumulative type of bet, this allows you to place multiple bets on several different events.
Understanding odds
One of the most important aspects of placing bets is your odds of winning. If you would like to be successful in your betting endeavours, it is crucial to have a firm understanding of the concept. Your odds reflect your likelihood of winning or losing while also determining your payouts. Due to the effect that they have on your winnings, they are often also referred to as the price of the wager.
Generally, there are two different types of odds. You could either make odds on free bets or odds against free bets. If you decide to make an odds on bet, you are wagering that the amount that you could potentially win is less than the amount that was staked. On the other hand, odds against wagers hold that the payout you receive is going to be greater than the amount of money wagered against the bet. Although odds on bets are likely to receive the big payouts, they are slightly more risky than odds against bets. However, you are still likely to receive a significant amount of money if you win odds on free bets as you receive your original wager back in addition to the winnings.
When you use your free bets UK online, it is common to find your odds are displayed in one of three different ways. Your bets could be in decimal, Moneyline or fractional format. Decimal free bets use two decimal places to display your odds of winning. For example, if you placed a £100 bet at 1.5 odds, you would win £150. Moneyline odds are often used in American sports betting games and are depicted with a positive or negative symbol. Finally, fractional odds show that you may, for example, have two to one odds of winning on particular free bets. Use an oddschecker to discover the details of the wager you would like to place.
Selecting a sport to bet on
Although this is one of the most straightforward parts of placing free bets on sports, there are a few things that you should take into consideration to ensure that you are successful. It is often a good idea to place your free bets on a particular type of sport that you enjoy the most. That way, you are placing your bets on a game that you understand and that you are likely to watch. If you understand the particular sport, it is easier to select a particular aspect of the game or match that you would like to bet on. You are also completely familiar with the players in the sport, allowing you to place massive free bets on the outcome of the overall game as well as the results of specific players.
Another common strategy for choosing a sport to bet on that is proving incredibly popular in 2020, is betting on popular sports. Between the years of 2017 and 2019, a wide variety of sports has been favoured by sports betting enthusiasts around the world. This includes, boxing, basketball, formula one, tennis, cricket and golf. However, the most popular sport in the UK is football. Most people know a thing or two about football, so this might be a good place to start if you’re new to betting. You can have a look at our football tips for more information.
Alternatively, you could choose the sport you would like to bet on by asking yourself a few different questions. The things you should consider is whether or not the game offers you numerous betting options, whether or not the sport can be viewed on television or streamed online if you have access to information about the sport and whether or not your favourite sports betting site provides several betting options for this sport.
The final thing to take into consideration when choosing a sport to use your free bets on is the exact number of sports you would like to bet on. Betting on more than one sport is a good idea as it improves your odds of bringing home a big payout. However, it is important not to take on more than you can handle. Place your free bets on two or three different types of sport. This way you’ll have more than enough time to do your research and keep track of your bets.
Did you know that we have a whole bunch of guides and tips on various sports? If you’re a fan of cricket, make sure to check out our cricket betting tips, where we cover all of the things you need to know about betting on the sport. We also have a guide for golf betting tips, along with a number of other sports!
Placing your free bets
Once you understand the basics of sports betting, it is time to turn your attention to placing your bet. You may want to take some time to understand the selecting process and the things you can do to place free bets that are likely to bring you the big bets. If you are feeling lucky, you could jump in headfirst. However, players who put a little consideration into choosing their free bets are more likely to be successful. You should also get to know the exact process of placing a bet so that there are no complications when you place your free bets.
Using an online sports betting platform
One of your top resources for free bets offers is always going to be your favourite sports betting websites. Here you can find promotional deals for existing players as well as new customer free bets. To gain access to these free bets, you need to create an account on their website. This is generally a quick and easy process. All you need to do is add your personal information, register your account and head to the main game screen. You have the option to make a deposit using real money, or you could continue with your bets.
Navigate to the sports betting site on your desktop computer or take advantage of free bets no deposit mobile apps options. Generally, you can find a list of the top sports available on the platform on a banner on their interface. Click on the option that appeals to you to unveil a series of wagers that are available for this sport.
Selecting free bets
Choosing the wagers that you would like to make with your free bets is easy, however, it is a rather important decision. The specific free bets you choose determine how much money you are going to win. Therefore, players should take their time so that they can make consistent choices which result in wins. A customer who adopts a cautious strategy may find that they can choose the winning wagers time after time.
Before you make a selection, sit back and take a deep breath. Now is not the time to rush into a hasty decision. Instead, you should take your time and look at all of the aspects of the wager. Compare the odds, look into the history of the players or the team as a whole, and look at the winning record of your preferred wager. This way, you have all of the information before using your free bets.
Next, you may want to ask yourself how familiar you are with the particular wager. It is tempting to use your bets on a game that seems to have good odds of winning, it is often more risky than necessary. If you don’t know the intricacies of a game, the chances of something unexpected happening that affects the outcome of the game is high. Instead, select wagers on sports you enjoy watching.
If you’re a beginner, it may be a good idea to steer clear of overly complicated free bets without deposit. Instead, you may want to choose a single type of wager with odds that you understand. Players who choose a strategy like this are more likely to be successful in their free bets no deposit UK. Finally, it is important to take your time when placing your free bets. Take time to research the upcoming game and don’t use your free bets on a team just because they are your favourite. Instead, try to remain impartial at all times.
Making free bets
After you have selected the wagers that appeal to you, you could choose to make free bets or you could choose matched betting without free bets. If you decide on the latter, you need to deposit before you can place a bet. However, if you are betting free bets, all you need to do is click on the wager and wait for the results.
Regardless of the betting option you choose, matched betting is simple. Simply select the wager you would like to make, decide on the value of your bets and click on the bet option. This may be found on the main screen which displays all of the wagers on the game. Alternatively, it is on the wager screen which you are redirected to when selecting the wager. Then you need to wait for the game to commence and enjoy the gameplay before you return to the sports betting site to learn what your payout is going to be.
Finding value in sports betting
Value in sports betting is not the same as value in everyday life. Instead in this setting, it refers to either a positive or a negative value. Positive values refer to a circumstance where the chances of your wager winning are higher than the odds reflect. Negative values occur when your chances of winning are less than is indicated by the odds. Together, this is referred to as implied probability. You need to calculate your implied probability before placing a bet to determine whether or not your wager has a positive value, making it a better option to use your bets on. You could use a free bets calculator to find the value or you could discover it by yourself.
Calculating Value for free bets
Finding the value of your wager is relatively simple, all you need to do is divide your odds, in decimal, by one before multiplying that by 100 to get a percentage. An example of this is to look at the value of one team of two teams winning a game at odds of 3.00. When you apply these codes, you wind up with an implied probability of 33.33%. This results in a positive value as the probability of your wager winning is 50%, which is higher than the implied probability. On the flip side, if you were considering placing bets on a team with odds of 1.5, then you would wind up with an implied probability of 66.67%. This is a negative value as your odds of winning the wager is still 50%, which is much lower than the implied probability. This quick calculation could help you decide whether or not you should use your free bets on that particular wager. If you end up with a negative value, you may want to save your free bets online for a different wager.
How to find the best value
Although making a calculation is a super way to determine the technical value of a wager, it is not the only thing that influences the outcome of the wager. Before making a judgement, it is important to consider all factors. You may want to think about things like the winning history of the team, as well as the players who are going to be taking part in the game or cup, this is especially true for World Cup free bets. In addition to this, you may want to take some time to look at different wager options and the best free bets offers. These allow you to select a wager that has the best probability for winning. Although the difference in the odds may be slight, a single change could drastically improve your odds of winning. Use the best free bets so that you get an even better payout after selecting a wager with a positive value. If you’re unsure about which bet offers the best value, check out our free tips section. One of the most popular pages here on bet.xyz is our golf betting tips this week.
Tips for dealing with emotions when making free bets
No matter how you look at it sports invoke a significant amount of feelings. In a single game, you may feel joy, anger and heartbreak. When you combine that with gambling, the feelings involved triple in intensity. If you would like to be as successful as possible when making your bets it is important to keep an eye on the way you feel so that your emotions don’t get in the way of pleasurable gaming experience.
Take control of your bankroll
The first thing you should do when managing your sports betting experience is to look at the way you spend money on these wagers. Take advantage of free bets for all. These allow you to make bets on the sports that appeal to you without having to spend any of your own money. If you do end up winning real money from the free bets you have made, avoid the temptation to spend the money on more wagers. Instead, keep an eye out for additional free bets so that you can continue playing. If you do choose to play with your own money, be sure to set limits so that you don’t spend more money than your budget allows.
Implement positive thinking strategies
If you go into a wager with a negative mindset, the odds of having a positive experience is slim to none. Instead, you should go into every wager with an open mind and positive affect. Imagine yourself receiving the big payout after you have enjoyed watching your favourite sports with an ice-cold pint in hand. When you think positively about your bets you are more likely to find yourself in a good frame of mind throughout the entire process.
Remember there are always highs and lows
After a few successful wagers using free bets, it is easy to believe that you are going to be on a winning streak forever. However, this could not be any further from the truth. Life is filled with high and low points and gambling is no different. Some days you may win and others you may lose. It is essential to remember this at all times, that way the lows won’t seem quite as dark as they do if you failed without expecting it. This doesn’t mean that you need to approach your bets from a pessimistic perspective, it simply means you should remain realistic at all times.
Benefits of using free bets
Free bets are offered to sports betting enthusiasts at different points during the gaming process. There are a wide variety of benefits associated with these kinds of bets, such as:
- Making use of free bets from a sports betting platform acts as an incentive to take part in the available betting options. As they are offered to new players, after making deposits or as a random bonus, they are an excellent excuse to visit your favourite online sports betting platforms.
- They provide you with a risk-free opportunity to place freebets on your favourite sporting events. As you aren’t using your own money for the free bets, you won’t lose anything if your wager is not successful.
- Free bets allow you to assess the sports betting platform without requiring you to make any commitments.
- Using free bets provides you with an opportunity to try a different strategy. You can try out a new type of wager or use free bets on a different type of sport without worrying about the consequences.
- Players can get to know a different type of sport as they do not feel obliged to make bets on the safe options.
- When using free bets, you can take more risks than you would have taken if you were using your own money to make bets on an online sports gaming platform.
- If you are lucky enough to win a big payout using free bets, you can withdraw your winnings into your account.
