Freebets promotions explained

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Casinos have various ways to bring players into Sports betting and Freebets is easily the favourite of both, the casino and players. A freebet bonus is given to players as a deposit bonus or a no deposit bonus. Casino players may assume that the freebet obtained after a deposit is like a cashback as it’s usually given on losses. When you place a freebet and successfully win on an event the initial amount is deducted and you are left with your final winnings. For example if you get $5 as a freebet and place it on an event which has 1.5 odds then you will get $7.5 in winnings out of which the initial amount of $5 will be deducted and you will be left with your winnings of $2.5.

A no deposit freebet is given by casinos during major sports events or as a sign up bonus and usually ranges from $1 to $10. Some casinos give this bonus without any wager requirements but there may be a maximum win limit from this bonus. The casino may also require you to make a deposit to withdraw the winning funds. Some casinos apply standard wagering requirements to the winning amount and you can only bet the winnings on events with specific odds.

Casinos like to promote sports events by offering its players freebets on their losses. Lots of punters are excited to try betting on events like NBA Finals, Boxing, NFL finals, Football world cup, Euros and other major sporting events and if they place a bet and lose it, they are given a freebet in return which is usually the amount they had initially or a specific amount decided by the casino.  The freebet given to their account is not restricted to a particular sport or an event. These bonuses have standard wagering requirements and bets are usually allowed on events with specific odds. Most casinos have a maximum cashout limit from freebets so please read the terms carefully before claiming yours. 

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Please feel free to visit our Freebets section for the most up to date offers.