Win real Cash with Free Bets

Did you know that many online bookies give away free bets? Some hand them out like Halloween candy. Every free bet bonus you can claim gives you a shot at winning real money that you can put in your pocket. You have come to the right site if you want to find highly-rated bookmakers that offer free bet bonuses.

Canadian Bookmakers with Free Bets

While free bets are often awarded in welcome bonus packages, there are loads of online sportsbooks that offer existing customers free bets on a regular basis. By doing so, a bookie gives its customers a good reason to keep coming back and make more wagers. There are a number of ways that you can get your hands on free bets as we’ll explain further on. You can refer to the list below which gives you the names of bookmakers that offer free bets to Canadians.

What are Free Bets and how do they Work?

A free bet bonus is just what the name suggests. It is a bet that doesn’t require you to use any of your own money. Even though the bet is on the house, it still gives you a chance to win real money. If you get a free bet, you simply select the event you want to bet on, use the free bet option, and await the outcome. If it wins, then you win too. If it loses, you don’t really lose anything.

Some sportsbooks give Canadians free bets on special occasions such as birthdays or Christmas. However, most free bets require you to qualify by making a deposit or by placing a certain amount in wagers. For example, your bookmaker might offer you a $25 free bet if you deposit $25. Similarly, your bookmaker may offer a $25 free bet if you place $100 worth of wagers. Once you satisfy the qualifications, the bookmaker will credit your account with the $25 free bet bonus.

Upon receiving your free bet, you can use it by making your wager and selecting the “Free Bet” option on your bet slip. If the bet loses, then you obviously don’t get anything back. Most bookies that offer free bets will exclude the original free bet stake amount from your payout if you win.

Let’s say you use a $25 free bet to wager on the Toronto Maple Leafs at even odds and the bet wins. Most bookies will pay the $25 win amount only. This is why it’s wise to employ some kind of basic strategy when using a free bet bonus. You don’t want to waste it on a low odds selection that would net you a paltry return.

In some cases, winnings that result from free bets are credited to your regular betting account and can be withdrawn immediately. However, most bookies put the winnings from free bets into your bonus account. Because of this, you would need to meet the site’s bonus wagering conditions before you could withdraw those particular winnings.

We can’t overstate the importance of reading and understanding the terms and conditions of any bonus you’re considering participating in. Many free bet bonuses look identical, but you’ll inevitably find significant differences when you read the fine print. Restrictions on betting markets, time limits, and rollover requirements on winnings are just a few things you need to know. Can you use the free bet to make multiple small bets or do you have to place all on a single event? Do certain payment methods not qualify for the bonus? How are winnings awarded? Know what you’re getting yourself into.

Choose the Right Free Bet Bonus for You

One of the keys to finding the best free bet bonus is choosing one that gives you maximum value. For instance, you see a free bet bonus offer in which the bookie will 50% match your deposit up to $1,000 in free bets. Then you see that another bookie will give you a free bet package worth 100% of your deposit amount up to $100.

Which one should you choose? Well, that all depends on how much you plan to deposit. If you plan on depositing a few hundred or a few thousand dollars, then you would get the best value out of the first offer. If you only plan on depositing $50 or $100, then the second offer gives you the best value. Again, you need to consider the contents of the fine print too.

FAQs

How do I claim a free bet bonus?

Typically, most bookmakers that offer free bets will give them to you when you either make a deposit or place a certain amount worth of wagers. Upon meeting the qualifying requirements, the bookie might automatically credit your account or it might ask you to contact a customer service rep. Your bookie will undoubtedly have clear instructions.

Do I have a limited time to use my free bet when I receive it?

You will almost always need to use your free bet within a specified time frame. If you don’t use it within the allotted time, the bookmaker will void it.

Is it worth claiming a free bet?

Most free bet offers are absolutely worth claiming. Why would you turn down a shot at free money? With that said, you might come across the occasional free bet offer with such ridiculous restrictions that it isn’t worth the effort. It’s ultimately up to you to decide if it’s worthwhile.

What are some of the more common restrictions on free bets?

The most common restrictions on free bets are time limits, betting markets, minimum odds, and not being able to use the Cash Out feature.

Conclusion

Whether you are a seasoned bettor or a complete newbie, taking advantage of free bet bonuses should be a part of any Canadian’s betting strategy. The more free bets a site offers, the better your chances of making money in the long run. Remember; don’t get distracted by a flashy free bet welcome bonus. Make sure that any bookmaker you’re looking at gives existing members plenty of other opportunities to earn free bets. Your betting account balance will thank you for it.