Freebets offered by online bookmakers are a very valuable resource and a great way to increase your winnings, and although they say that you should never look a gift horse in the mouth, here we will look at the kind of small print that is often included in the bookmakers’ freebet terms and conditions.
Note that these vary from bookmaker to bookmaker, so our comments are general rather than applying to any specific bookmakers.
You will always find that when it comes to freebets, some bookmakers are much more generous than others, so it pays to shop around or use a comparison site such as freebets.com.
In order to qualify for a freebet you will need to open an account with the bookmaker and deposit some money into it. You will then need to make a bet of up to a stated maximum amount and you will receive a free bet of that amount.
That is the headline, but there will always be a note that ‘terms and conditions apply’; although small print is always boring to read, with freebets it pays to read them carefully or you might find that you will lose out.
Often they include a time limit: for instance, you might need to make your first cash bet within 10 or perhaps 30 days of opening your account otherwise you will forfeit your freebet. Also there is very often a clause that states that the bet must be made on a selection with minimum odds, often 2/1 or evens.
If the bet is a multiple bet such as an accumulator, then the minimum odds will apply to at least one of your selections. Sometimes with a multiple bet if the first selection is at odds of greater than a specified number, say 4/1, then all the other selections are permitted to be below 2/1. Also if for any reason your original bet is voided, it does not qualify for a freebet.
When you make your freebet, if it is successful you will receive your winnings on that bet but you will not receive your stake. Also you should note how long you are allowed to use your freebet as they are generally time limited.