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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