Free Bets
All the major online betting exchanges, online bookmakers and sports
spread betting firms offer free bets when you open an account.
The online betting exchange has had a massive impact on the
sports betting industry. Traditional bookmakers did not welcome the exchanges. Indeed, they were forced to
act if they wanted to keep existing customers and attract new ones. These days, high street bookmakers also
have an online presence. These household names are firmly established but are still desperate to acquire new
business. One way they tempt new customers to open an account is to offer incentives. This is usually in the
form of free bet offers.
When you open an account
with an online bookmaker, they will give you a certain amount of free bets. In some cases there is a small
catch. The free bet is only available after you have credited your account. For example, a bookmaker might
offer a £50 free bet after you have credited your account with the same amount. If you paid £50 in to your
account you would effectively double your money to £100.
Some individuals have
used these free bet offers to perform a type of sports arbitrage. This is a great way to increase your
betting bank. However, the problem with free bet arbitrage is these offers are restricted to one offer per
person. This means it is a one time opportunity and can not be used again and again. Nevertheless, all
bookmakers offer these incentives. The free bet offers range from £20 to £200 so they are certainly worth a
look if you have the time to make them work in your favour.
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