Free bets are essentially free money. That is if you know what to do with them! Betting provides free bets, so it is essential to understand them and to improve your profits. These guidelines will help to know what nemokami statymai are and how best to convert them into cash!
What is a free bet?
A free bet means a bet that you don’t have to pay for it. The bookies pay for the stake, so if your bet loses, you’ve not lost a cent of your own money. Bookmakers offer nemokami statymai to cheer customers to bet with them. For example, a bookmaker might give you a free bet if you first place a qualifying bet. If a particular event/trigger happens, They provide you a refund of losing stakes as a free bet. Bookmakers never mind taking losses on the free bet. It gives as they will make more profit in the long run from non-savvy regular punters.
How do free bets work?
It’s straight matched betting, and you can find a playthrough of the process in my matched betting guide. When your free bet wins at the bookmaker, you’ll lose your double betting at the exchange. Your two risks cancel each other out, and because the bookmaker paid for the free bet stake, it gives you a nice profit! A bookmaker will generally consider your free bet as a ‘token’ which you can select in your bet slip. You can withdraw free bet winnings without any restrictions.
How to get free bets
Free bet offers are not in short supply as bookmakers are competing with one another for your custom. The Huge majority of sign-up give a reward to get a free bet. See, I told you there are plenty of them!
Finding free bet selections
There are two things to know about when looking for a place to free bet:
1. Check the terms
First and foremost, you must check the free bet conditions for any specific requirements. You don’t need to spend time looking for a suitable selection, only to know that your bet doesn’t meet the required criteria.
You will also need to know about the expiry period, which is the amount of time you have to use your free bet before it disappears. If that occurs, you can query it with the bookmaker. If you’re lucky, they may restore it as a goodwill gesture, though they’re not obliged to do so.
The essential factors for free bet terms are as follows.
- Credit as 4 x £5 free bets.
- Valid for seven days.
- Stakes not returned.
- No cashout.
2. High odds
It’s best to place a free bet at high odds due to the free bet stake not being returned, and this will increase your profit. There may be instances where you don’t quite have enough exchange funds to go for the most profitable option. If you take a smaller profit, there’s nothing wrong with placing your free bet at lower odds.