Maximising Free Bets in the igaming Industry
Take a look through the virtual shop window of any online gambling site and you’ll often see the words “free bets” glinting back at you. Like neon mirages luring you in with the offer of as much free money as you can consume, these deals are one of the igaming world’s best attributes. However, having said this, free bets are also one of the most misunderstood concepts in the industry.
Although seasoned punters will be aware of the subtle nuances associated with free bets, novice gamers can often be left confused and out of pocket when they first step into the industry. Fortunately, we’re here to give you our expert insights into the world of free bets and show you the ways in which you can maximise any offer you find.
Free Bets: Avoid the Trap
One of the biggest mistakes novice punters make when they try to claim a free bet is that they assume it’s 100% free. Although it’s often true that you won’t have to put any money on the line in order to receive some free cash, it’s certainly not the case that you don’t have to put in any effort at all.
Even though online casinos, sportsbooks and poker rooms are more than willing to give free cash to their players, that doesn’t mean they don’t want something from you in return. Despite the different requirements for all free bets, the main concept you need to bear in mind is that you won’t get something for nothing in the igaming industry.
Your Effort: Working for Free Bets
OK, so now you know that you’ll have to do something in order to get your free online bets, let’s take a look at the common tasks you’ll have to fulfil. As we’ve already said, you won’t necessarily have to risk your own cash to obtain a free bet deal. However, as you’ll see, you may need to invest some of your bankroll in order to give it a boost.
- Make a Deposit: The most common way to get free bets in the online gaming world is by making a deposit. Whether it’s your first deposit or something known as a reload (a deposit once you’re already a registered player), this process of putting money onto a site is often necessary for unlocking some free bets.
- Place a Bet: Another way you can earn free bets is by placing some. Sometimes referred to as “no lose wagers”, these deals require you to speculate on a sporting contest or casino/ poker game in return for an identical bet. Although you’ll initially have to put your own money on the line, the site will always refund you in kind, which basically means you get to place a bet for free.
- Show Your Loyalty: The final way you can unlock free bets is by becoming a loyal customer. Whether you’re a sports bettor, casino king or poker player, all igaming sites will award VIP/ loyalty points to players based on their bets. Once you reach certain thresholds, sites will often give you a stack of free bets and bonuses which can be used to supplement your play.
The End Game
As you can see, free bets are a great way to boost your bankroll in the online gambling world, but only if you know what you’re doing. Thinking that you can simply join a site and wait for the money to come rolling in is a recipe for disaster.
To achieve maximum value in the igaming industry you need to show some initiative and do a little bit of work in order to improve your financial status. If you can keep this in mind and jump on any offer that presents itself, then you’ll find there’s a lot of money to be made from free bets.