Betting Guide » Online Betting Tutorial
Step 3 - Free Bets and Bonuses
About bookmakers that offer Free Bets & Bonuses
Most online bookmakers these days offer free bet deals and signup bonuses to encourage people to register and begin betting with them. As there are now many Australian bookmakers offering their services online, the competition means there are plenty of fantastic deals for you to take advantage of.
A free bet is a sum of money which a bookmaker will allow you to bet on a particular sports or events market with. The money will usually be in a special free bets menu once you have fully registered and must be used to wager with, if your bet is a winner then the profit of your win will be deposited into your betting account in cash, however if the outcome of your bet is a loss, then nevermind as it will cost you nothing!
Different bookmakers vary in the types of deals and bonuses they offer, but the concept is still the same as explained above. To help you understand some of the different methods in which a bookmaker allows you to claim their free bets, use the following information as a guide:
Percentage on First Deposit Bonus
One of the more popular free bets going around is the first deposit bonus. The bookie will give you a percentage on your first deposit. For example if you deposit $100 and their deposit bonus was 25%, you’d receive $25 worth of free bets.
First Deposit Bonus
Similar to the percentage on first deposit, but some bookmakers will match your first deposit. For example, if you deposited $100 and a bookmaker matched that, you’d receive $100 worth of free bets.
Free Match Bet
One of the more popular free bet types. For example if you bet $20 on a particular sport, the bookmaker will reward you with a $20 free bet. This encourages people to deposit money and start betting.
Series of Free Bets
Some bookies offer a series of free bets. Centrebet’s current off is a good example of this, they will award you 5 Free Bets worth 20% of your initial deposit up to the value of $200.
Cashback Offers
Some bookmakers offer cashback bonuses, meaning you will receive a cashback on your first bet up to a certain percentage. This will be deposited into your account in cash.
Promotional Free Bets
From time to time, bookmakers will offer promotional free bets that are exclusive. For example, if the FIFA World Cup is approaching a bookmaker may offer special bonuses on World Cup betting markets.
Now you should understand a little more about free bets and how they are obtained. We have secured deals with all of Australia’s major bookmakers which allow us to advertise all the free bets and bonuses they offer. To view these bookmakers and their free bets, select a bookie from the menu on the left.
