To find the best free bet offers in the US you need to be aware of types of free sports bets, what they are, how they work, how to use them and where you can find them.
In this guide, our team at Promoguy has covered all the important details you need to make the most of free bet promotions as a new or experienced punter. Keep reading to discover how to get the most out of free bets and a lot more.
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Subject to meeting qualifying criteria. Minimum wager $5. Minimum odds -500 or greater. $10 minimum deposit. Paid in Bonus Bets. Bonus Bets wager excluded from returns. New customers only. Available in app only. Max. prize, game restrictions, time limits and T&Cs apply. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply.Gambling Problem? Call 1-800-Gambler 21+
A free bet allows you to make a wager without the deduction of the stake from your account balance. However, if you win with a free bet, you'll only receive the profit from your wager, but this will not include the initial free bet stake. For example, if you place a $10 free bet on a selection with odds of 11.0 (10/1), you will receive a payout of $100. This allows you to collect the winnings without spending any of your own funds.
Authorized sportsbooks use free bet promotions to encourage bettors to register and engage with their platforms. Different sportsbooks have different terms and conditions for their free bet promotions.
In certain instances, new users may receive a free bet offer without the requirement of making an initial real-money deposit, commonly referred to in the industry as no deposit bonuses. Other bookies may require you to make a cash-deposit before you can activate the free bet offer. Some bookies may also require that you place your first bet using a set minimum odds before you can qualify for the offer.
Free Bets Pros & Cons
Minimal Risk
Fewer Restrictions
You can explore new Opportunities
There are Loyalty Points available
Time limits
Difficult to make large winnings
How to Use Free Bets?
Sports betting sites may have slight differences when it comes to accessing, activating and using free bets. Nevertheless, here are some common processes that apply to most sportsbooks.
Step 1
Login to your player account on your chosen free bets sportsbook.
Step 2
Go to the promotions tab on the site and confirm your total number of active free Bets.
Step 3
Select the bet you want to place.
Step 4
Check the “Use free bet” box or tap on the free bet button.
Step 5
If you're prompted to meet certain requirements, do so, and you'll be allowed to place your bet.
Step 6
Confirm your betting slip or summary screen.
Types of Free Sports Bets
If you’re looking for free bets today, no longer do you have to google “best sportsbooks near me” to find your local sportsbook to go and visit to find out what’s available. Below we'll take the opportunity to walk you through the different types of offers comprehensively covered by our bonus reviews. Some are more enticing than others. We want you to know the difference so that you’re aware of what you’re signing up for.
Sign up free bets
Bookies offer sign up free wagers to new players who join their betting platforms. These serve as incentives to persuade people to register with sportsbooks. Sign up free bets are often small but come in the form of no deposit offers. But since they don’t require a deposit, they are an excellent way to try out betting sites while saving your money. As soon as you join the betting site, the sportsbook credits them to your player account.
Matched bet
Some sportsbooks offer to match your initial deposit with a free wager. You receive a free stake equal to your deposit on the betting site. For instance, if you deposit $20 to wager on a betting site, the sportsbook will give you an additional $20 in free bets. You’re free to use the additional bonus wager on your second bet. Usually, this offer is linked to an operator's welcome bonus. But there are cases where sportsbooks throw in bonus bets as part of ongoing promotions to retain customers.
Risk free bet
With this offer, the sportsbook allows you to wager on the site at no risk. You’ll need to make a deposit to activate this offer and proceed to place your first wager. If your qualifying wager loses, the sportsbook refunds your initial stake in full. Sportsbooks often cap such offers up to a certain amount, for example $1,000.
Bet insurance is somewhat similar to risk-free bets because its concept helps to cancel out losses for players. It allows players to protect their wagers against certain outcomes. Players who have wagered for a winning game can choose to insure themselves from scenarios involving the possibility of a draw. Like risk-free bet, Bet insurance gives players a sense of security and encourages them to take calculated risks without being paranoid about losing their entire stake.
No Deposit free bet
No deposit bet is a form of free bet that players can experience in casinos and gaming platforms that allows them to place a bet without depositing into their betting account. The first step towards participation in a no-deposit free bet is to sign up. Once you have completed the registration process, the free bet will be credited to your account. Unlike traditional bets where you have to stake money, most sportsbooks have a no-purchase-necessary model which means players can enjoy enticing gameplay without spending a dime.
Who should make use of the comparison? – novices and seasoned bettors
Online betting sites offer bonuses to attract more customers than their competitors and grow their market share. At the same time, ensuring that existing players stay engaged is another task on its own.
Free bet promo codes are among the most common of the various betting offers you’ll find at the best sportsbook sites. They essentially give players more wagering chances.
Despite the term free sports bets, not all of these
betting deals
are wholly free. You may need to deposit cash to claim them. But we digress—who exactly benefits from this comparison guide?
Novice players
Because free bet promo codes come in various forms, it’s a tad difficult for some new users to figure them out. Some new bettors are a bit skeptical about the entire concept. By reading this guide, newbies will get to understand how the different types of bonuses work and learn how to use them optimally.
Seasoned players
Advanced players also benefit from comparing different free bet promo codes to pick the best one. Different free sports bets come with varying requirements, depending on the sportsbook. The best free bets come with reasonable terms and conditions.
Get $150 in Bonus Bets Win or Lose when you bet $5!
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Subject to meeting qualifying criteria. Minimum wager $5. Minimum odds -500 or greater. $10 minimum deposit. Paid in Bonus Bets. Bonus Bets wager excluded from returns. New customers only. Available in app only. Max. prize, game restrictions, time limits and T&Cs apply. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply.Gambling Problem? Call 1-800-Gambler 21+
Free Bets Terms & Conditions
There are a good number of terms and conditions that have been enacted by different sportsbooks to serve as guidelines for players who sign up and register on their platforms. Here are some of the terms and conditions for free bets.
Wagering
Some sportsbook platforms have stipulated requirements on how many times you must bet the winning of your free bet before you are allowed to withdraw them as cash. For instance, when you sign up and get a $10 free bet which helps you win $20, the platform may have the condition that players have to wager up to five times before they can withdraw their winnings as cash or cash prizes. Different sportsbooks have different wagering requirements.
Expiration date
Free bets often come with a duration after which if it is not used by the player, it becomes invalid. The free bet comes as part of a promotion or offer with a clearly stated date, depending on the specific offer. Some free bets may have a 7-day expiration date, more or less. Imagine if you receive a free bet with a one-month expiry date, the terms and conditions around the bet say that you have to make use of the free bet before the end of the one month or lose it forever.
Maximum/minimum odds
A minimum odd simply refers to the lowest odd your bet selection must have for it to qualify toward fulfilling the wagering requirements. On the other hand, maximum odd is the highest odd allowed when placing a bet with your free bet. For example, if the minimum odd requirement for a free bet is 1.49 odds, placing a free bet on a game with lesser odds will not work as it is against the stated terms. In the same way, your bet might not qualify if the odd is higher than the maximum limit. Other times, your bet might be reduced/capped at the maximum odds for wagering purposes.
Restricted sports
Some sportsbooks do not allow free bets on certain sports. When you get a free bet, it could be for a particular sport like horse racing.
Max winnings
Most sportsbook have a tagged maximum winning that players can not go above when they stake with free bet. The maximum winning term and condition means that a customer can not win beyond the tagged price. The aim, for sportsbooks, is to help them manage their promotional offer and the financial risk associated with offering free bets. The maximum win limit keep players in check.
Mid deposits
This refers to the amount of free deposit that can be used to stand a chance of obtaining the free bet. Sometimes, you might see something like “Get a $10 free bet with minimum deposit of $20”. This term means that you will only be able to get the free bet after making the mid deposit required.
Restricted payments methods
Within the terms and conditions, there’s usually a clause that spells out the payment methods that are not allowed on the respective platform. They are payment methods that are not eligible for claiming or using the free bet offer. Some sportsbook might make Skrill a viable option and cancel out MasterCard or Visa. There are also cases where a free bet is only available for a particular payment option and can not be assessed with a different payment method.
Free Bets for Existing Customers
Sportsbook offer free bets with the sole aim of enticing players into joining their gaming platform. However, free bets do not apply only to new players because platforms also offer free bets to existing customers to help keep them on the platform. Here are some of the free bets for existing customers.
Loyalty bonuses:
Many sportsbooks offer loyalty bonuses in programs where players can earn points or rewards based on the wagering requirements. Loyalty bonuses are a way for sportsbooks to show appreciation for continued patronage and they include free bets, cashback, free spins, bonus rounds, and exclusive promotions.
Free bet clubs:
Sportsbooks offer free bet clubs as a loyalty program to customers who actively place bets on the platform. It incentivizes regular betting by offering free bets as rewards for meeting specific requirements.
Referral bonuses:
Most of the
betting companies in USA
legal states offer referral bonuses when existing customers after a successful recommendation, invite, and registration on a platform. There is no direct cost and it gives existing customers the chance to place
live sports bets
without risking their funds.
Reload bonuses:
This is a promotional offer that is similar to the welcome bonus offered to new customers. It is given to players who make additional deposits into their accounts. It is targeted toward existing customers to incentivize them to continue depositing and placing bets on the platform. For example, if you deposit $50, the sportsbook in question may decide to give you a bonus of $10.
How to Get the Most Out of Free Bets
As enticing as free bet offers are, players only benefit if they know how to use them optimally. To make the most of your free sports bet offers, you might want to avoid the following common pitfalls.
Skipping the terms and conditions
As stated, free bets aren’t one-size-fits-all. They come in various forms, including no deposit offers and risk-free wagers. In essence, the individual terms and conditions attached vary. Be sure to go through the T&Cs to understand how a specific offer works before you claim it. These terms cover the sports you must wager, the maximum and minimum odds and spreads, the expiry date, and so on.
Placing free bets at low odds and spreads
Unless the operator explicitly states the maximum and minimum odds to use when placing your free wagers, stick to high odds and spreads. Since you’re wagering on the house’s tab, you may as well go for broke.
Not doing your research before you wager
Having bonus wagers shouldn’t deviate you from prudent betting practices. Always conduct the necessary research, as you would with any other bet. Research the sport, league, players, teams, and odds. Aim to make every wager on the betting site count, free wager or not.
Cashing out bets that’ll void the offer
Modern sportsbooks offer the Cash Out feature to live bettors. If you believe the game isn't going as predicted, you can activate the feature to avoid a catastrophic loss. In this case, you can cash out partial winnings before the match ends. However, in most cases, such a move disqualifies your free bonus. Double-check if the operator won’t penalize you for an early payout.
Combining bonuses
Unless the bookie specifically says it’s okay to do so, avoid claiming and using more than two bonuses simultaneously. Doing so will typically void winnings from one of the wagers.
[top5-bonuses]
How We Rate Free Bet Offers
A lot of work goes into reviewing different free bet offers. Ultimately, we want to wind up with the best possible betting offers with the most favorable terms. To ensure this, we answer the following questions when analyzing the bonuses.
Is it easy to claim the bonus bets?
Sportbooks impose different limitations bettors must observe when claiming bonuses. Restrictions may include stipulating eligible payment methods to claim the reward, or restricting the sports you can use the bonus bets on. Some sportsbooks impose minimum amounts players must deposit to claim the offer. Admittedly, these reservations protect the sportsbook. But we look for sportsbooks that don't set too many restrictions. A long chain of limitations might end up frustrating players.
What are the wagering requirements?
Some bet bonus offers come with wagering or playthrough requirements. These conditions outline the number of times you must wager your winnings before withdrawing real money. We check to see if, for those who want to make money free bets wagering, terms are reasonable. Ideally, no or low playthrough conditions are desirable.
Who can access the bonus?
We also check who can access the bonus. Does the offer target new or old customers? The best sportsbooks include free wagers as part of their welcome bonuses. And they also have ongoing free wager offers to engage their existing customers.
How does the bonus fare compare to competitors?
We never review free wager bonuses in isolation. For an objective review, it’s best to compare the bonus with similar offers. How have competitors structured the same offer? Only then can you tell if it’s indeed fair or not.
Who is providing the bonus?
The operator behind the bonus is just as important as the actual betting offer, if not more. The last thing we want is to recommend dazzling promos from shady sites. That’s why we’re interested to know the kind of operator offering the bonus bets. Is it a reputable and trusted betting site? What they have to offer in terms of features, odds, markets, and even the
best betting apps, is critical to your appraisal.
Top Sportsbook Free Bets Compared
Free Bet Provider
Bonus Type
Bonus amount
Wagering
Underdog Fantasy
Sign up Bonus
100% up to $100
The only wagering conditions to consider here are the fact that you will have to play through the value of your qualifying deposit and bonus credit before you are allowed to make a withdrawal.
ParlayPlay
Welcome Bonus
100% up to $100
Most deposit bonuses come with some tough wagering requirements, but this ParlayPlay deposit bonus and no deposit bonus are thankfully free of all of that.
OwnersBox
Welcome Bonus
$5 Free pick
There is only a 1x wagering requirement
DraftKings
Welcome Bonus
No Sweat First Bet up to $1,000 + All-Customer SGP Insurance
Once you’ve activated the DraftKings introductory bonus, you’ll have 90 days in which to fulfill the wagering requirements and unlock as much of the bonus as possible. You’ll be receiving back $1 in site credit for every $25 wagered
FanDuel
Welcome Bonus
Bet $5 Get $150 in Bonus Bets
In the case of the casino bonus, your first 24 hours of wagering are covered, so you can explore a variety of slots and table games without incurring any losses during that period.
Sleeper Promo Code
Deposit Bonus
100% up to $100
Thrive Fantasy
Deposit Bonus
100% up to $100
Finding the right bonus for you – glove to your hand
Promo guy features an array of the
best sportsbook reviews
that’ll help you pick the best free bets today. But free wagers are only one example of betting offers. Different types of betting offers exist. To help you arrive at your decision, our reviews highlight the following:
Different types of bonuses:
Sports betting bonuses have different facets. Depending on the sportsbook, you’ll have a choice to pick between free bet sign up offers, risk-free bets, and match deposit bets, to mention a few. Our reviews give you different comparisons between the multiple types of free-wager offers to aid your decision-making process.
Loyalty schemes:
Some free bet offers link to loyalty schemes. If you fancy joining a sportsbook’s loyalty program, compare the different bonus reviews. We evaluate multiple loyalty programs and highlight if free wagers come with the deal or not.
Ongoing promotions:
In our experience, many operators only have new customer free bets. But some sportsbooks extend more lucrative offers to their existing customer base. We always highlight the numerous
sportsbook promos
on offer and help you compare your options.
Further assistance from PromoGuy – walk with the winning team
Our guides aren’t a one-trick pony, focusing on sportsbooks bonus reviews only. The gambling world is multi-faceted. It encompasses different components that appeal to different bettors. Our goal is to help you navigate your gambling optimally regardless of your area of interest. As a result, you’ll find a lot of handy literature to explore. Going through our site, you’ll find assistance from the following.
Sportsbook reviews
We mentioned how it’s important not to view a betting offer in isolation. You must understand the sportsbook behind the bonus to know if you’re signing with the right one. Our sportsbook reviews reveal everything you need to know about the respective betting sites. They highlight other aspects, such as the operator’s security, safety, customer service, etc.
Sportsbook bonus reviews
In case free wager offers aren’t your cup of tea, there are other alternatives you can run with. We review sportsbook offers to help you pick the one you're most comfortable with. For example, the reviews touch on betting offers, such as
best sportsbook odds and spreads
and VIP bonuses.
Casino reviews
For those times you wish to explore casino games, our site is at your service. It features several reviews that analyze some of the best online casinos in the US. The reviews uncover the ins and outs of different operators to help you pick the right one for you. We cover aspects such as the casino’s games, payment methods, bonuses, promotions, and security. And we also award ratings if that’ll help with your selection process.
Casino bonus reviews
If you’re looking for the best casino bonus around, our reviews can help you with that. We touch on different casino bonuses and explain how they work. We only cover the best casino bonuses available to confine your search only to worthy offers.
Get $150 in Bonus Bets Win or Lose when you bet $5!
USA Players Welcome
Wagering (WR): 1x Bonus, Min. Deposit: $10
Open Bet365
Get bonus now
Subject to meeting qualifying criteria. Minimum wager $5. Minimum odds -500 or greater. $10 minimum deposit. Paid in Bonus Bets. Bonus Bets wager excluded from returns. New customers only. Available in app only. Max. prize, game restrictions, time limits and T&Cs apply. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply.Gambling Problem? Call 1-800-Gambler 21+
Free bets are offers and chances that give you the chance to place bets without risking your money. They usually have a fixed value with limitations and requirements that coordinate the experience of players.
💰 Can you immediately withdraw free wagers?
No, players can not immediately withdraw free wagers. Free bets come with wagering and playthrough requirements. However, players can use free wagers to play and get a chance to win cash prizes that can be withdrawn in adherence to the platform’s rules.
🎁 What are the different types of free wagers?
Free wagers are available in different types. Sportsbooks offer free wagers including sign-up free bets, matched bets, risk-free bets, and no-deposit free bets. They are unique and have varying rules and requirements towards the end of enticing new customers into joining their platforms.
Get $150 in Bonus Bets Win or Lose when you bet $5!
T&Cs apply
4.5/5
Subject to meeting qualifying criteria. Minimum wager $5. Minimum odds -500 or greater. $10 minimum deposit. Paid in Bonus Bets. Bonus Bets wager excluded from returns. New customers only. Available in app only. Max. prize, game restrictions, time limits and T&Cs apply. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply.Gambling Problem? Call 1-800-Gambler 21+
21+ and present in VA. Gambling Problem? Call 1-800-GAMBLER.
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Our Sports Pros recommend these awesome sports betting sites this week:
DraftKings Promo
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BetMGM Promo
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
