Best Free Bets USA 2023 – Get Up to $5,000 in Free Bets – Sports Talk Philly
Sportsbooks are always looking for new ways to engage with their customers. One of those is through the quality of its bonuses and in particular, free bets are bound to entice you to their site.
In this guide, we have run through the best sportsbooks free bets, so you can spend more time topping up your bankroll through winnings.
For those on the hunt for the best free bets, we suggest you take a look at the ones we have illustrated. These sportsbooks free bets have come from some of the most trusted operators in the country, and they are certainly worth exploring further.
While there are no promo codes for free bets at the sportsbooks we have outlined below, our table will outline the minimum odds, so you can take advantage of the free bets offer.
On the surface, there is nothing untoward about free bets. You will be able to wager at sportsbooks risk-free. This means that when you place a free bet, you will be betting with money or credits awarded to you by the sportsbook or with the knowledge that you will be reimbursed if your opening bet loses.
If your free bet wins, you will get to keep the winnings minus the stake which isn’t paid back. But there’s nothing to worry about if your free bet loses, as you won’t have lost any money. Remember that certain sportsbooks will have specific terms and conditions, which we will discuss later in this guide.
Any of our suggested online sportsbooks will be well stocked when it comes to free bet welcome offers, and they will come in all forms.
Some of these will be sport specific, so if you wish to wager on the biggest events for NFL betting or like to dive into the latest tennis betting markets, you will find them at these sites. Let’s run through the most popular types of offers you could come across.
Matched bets are the most popular type of welcome offer you will see. They will be fixed and will equate to the amount based on what you deposit. Most sportsbooks will present matched bets in different percentages, and they will suit those who like to stake large amounts. DraftKings, for example, offers a 20% matched deposit up to $1,000, so if you deposit $1,000, then you’ll receive a total of $1,200 in free bets that you can use for any sport.
Risk-free bets also get plenty coverage at regulated sportsbooks. In a nutshell, risk-free bets offer the opportunity for you to make a bet without risking any of your funds in the process. Typically, with a risk-free bet, users will just have to place a qualifying bet. However, they will not be penalized if they lose their bet, as the initial bet amount will be refunded.
This can be refunded either as a free bet or in real cash, but that will be at the discretion of the sportsbook. The BetMGM free bets offer, for example, is a highly competitive risk-free bets offer.
Generally speaking, a free bets no deposit sportsbook is almost unheard of. However, when you do find one, they are worth capitalizing on.
With this kind of free bets offer, you won’t have to contribute any additional funds to your account, and you may find it easier to build up a betting bank over the long term.
If you are on the look out for a free bets offer today, but don’t understand what is involved, then you should read the following step-by-step guide. As you will see, claiming free bets should be a smooth process. We have shown you how you can do this, using the BetMGM free bets offer as an example.
Firstly, make your way over to the BetMGM Sportsbook. Once you are on the main lobby, click the “Register” button to bring up the sign-up form.
To set up a BetMGM account, you will need to provide a few personal details, such as your name, date of birth, address, phone number, and the last four digits of your SSN.
On the last page of the registration form, you will be asked to enter the sportsbook bonus code. If you don’t have a promo code for free bets, then don’t worry, you can leave this blank and proceed with setting up your account. You will still benefit from the risk-free first bet of up to $1,000 at BetMGM.
To benefit from the BetMGM free bets offer, you will then be required to make a deposit. Click the “Deposit” button to open the cashier, and then take your pick from the available payment methods. You will need to enter the required details and confirm the transaction.
Once you have made your deposit, and you have set up your account, explore the markets and sports available to bet on using the free bets offer available to you.
While the new player free bet offers will grab lots of attention, you can take things to the next level if you are an existing customer. Free bets may be smaller here, however, there is the luxury of using them more frequently as opposed to new customers who are signing up to the site for the first time.
If you examine these offers, and figure out how much they are giving you throughout the year as a whole, you will discover they are more financially practical than the welcome offer. Free bets for new players will always appear to be the biggest on offer, but when you delve a little deeper and work out what you gain with existing customer offers, they are often more lucrative over time.
The very best bookmakers will provide free bet offers for you, as a new customer and an existing one. These can come in different forms, such as parlay boosts where you can increase the profits you make from a parlay bet. Alternatively, the typical FanDuel free bets offer for existing customers, consists of referral bonuses. So, for every friend that creates an account, the existing customer and the invited friend will receive $75 in free bets, of which $50 can be used for the sportsbook.
VIP schemes are designed to suit the high rollers at sportsbooks, so you will reap the rewards as and when you bet. Most of the sportsbooks we have referred to in this guide will have one, including BetMGM.
These schemes are more exclusive, and they will work solely on an invite-only basis based on how often you play. Player levels are usually split up, and the higher you climb, the bigger your rewards will be.
If you get onto a VIP loyalty scheme, then expect more free bets to enjoy and potentially other offers such as deposit bonuses and cashback offers.
Free bets will, for the most part, be free, and that’s what makes sportsbooks endearing. But there are times in which you might place a free bet, but then not qualify for reimbursement. To understand why, it’s important to look at how free bets work and to read through the terms and conditions carefully. For the bulk of the best free bets online, you will be required to deposit money at a sportsbook.
Your operator will either give you money to place a bet – like for a deposit match free bet – or you’ll need to place a bet with your own money and then be reimbursed. However, if you lose, you can submit for reimbursement and get money back immediately.
The main catch is that the new money in your account comes with some strings attached. You may need to wager a certain amount of money – often 10-20 times as much as your original bet – before you can withdraw the funds. So, it’s not as simple as just placing a single bet, and then walking away with no losses if you lose.
Do bear in mind that the best free bets no deposit sportsbook will be free. You will be reimbursed if your bet loses and walk away. However, remember, if your bet wins, there may be wagering requirements that need to be fulfilled before you’re allowed to withdraw your winnings.
Usually, promo codes for free bets are vital if you want to take advantage of the offers advertised. If you don’t enter the correct promo code when prompted, then you could ending miss out on the offer altogether.
The best sportsbook promo codes will give you enough time to seize the offer, and they will have fair terms and conditions attached. But the onus is on you to understand what is expected of you before you complete the registration form.
With free bets offers, these will come with a raft of terms and conditions for you to work through. So, whether you wish to capitalize on FanDuel free bets or BetMGM free bets, you need to read through the T&Cs, as they will vary and come with their own restrictions.
To assist you, we have highlighted the main factors you need to get to grips before proceeding with a free bets offer. After all, you don’t want any issues down the later betting with our favorite bookies or something to hold you back.
Some free bet offers will have minimum odds for you to. This means that either the qualifying bet you have placed, the free bet, or both, will be subject to betting at minimum odds. These will be clearly listed, and it may mean you have to selected specific sports markets to use with minimum odds while you are claiming the offer, rather than just betting on anything you come across on the site.
Not all free bets will be applicable for every sport and market. Some will come with restrictions, and these will pertain to certain selections.
For example, free bets may only be available on UFC markets, or they could be available on everything except UFC. When it comes to markets, the restriction could be that free bets can only be used on the win market, not on markets such as player props.
This is one of the most common restrictions in place and it is crucial for players to understand. A wagering requirement is an amount you need to turn over before the bonus funds become real cash that you can withdraw.
The best way to describe this is to look at the following example:
Deposit $300 matched to 100% = $300 in total added to your account.
The wagering requirement for the offer is 10x.
This means your deposit plus bonus ($300) needs to be wagered 10x before you can withdraw the bonus funds, which means $3000 is the target you will need to hit.
While big bonuses may look appealing, if you are more reserved when it comes to betting, you may struggle to hit the wagering requirement to receive the bonus. Make sure you work this out before choosing a bonus and know what you need to do.
Regardless of the free bets offer, whether it be FanDuel free bets or otherwise, they don’t last forever. You will have a specific time period, such as seven or 30 days for which you can claim, so make sure you are aware of this.
The valid period will begin from the moment you receive the offer, while some free bets promotions may have no fixed timescale attached.
When you receive a free bet, there is a chance that a win limit will be attached to it. This means that you will only be eligible to win a fixed amount of money from the free bet – anything after that will not count. While these are not too common, it is vitally important you find out if there is one or not because this could determine how you bet.
For example, if the win limit is set $40, you don’t want to be putting together a large parlay to try and win $400, because all of your efforts will be to no avail, as you will only receive $40 of the money you win.
Not all payment methods will be eligible for the free bets offer. Some sportsbooks may have more varied options, which will entail credit and debit cards, e-wallets, and in some cases, cryptocurrencies.
If you intend to make a deposit using a specific payment method, but this is not eligible for the bonus offer you want to claim, you may have to find an alternative payment method or find a different bonus that will accept your preferred banking option. Also, be aware of any fees that are passed on, so you aren’t in for any surprises.
Some sportsbooks will also have exclusive free bets for mobile, and there has been a big push for bonuses on mobile betting platforms. While you may see an offer advertised on a free bets no deposit sportsbook, the promotion available on mobile sites won’t necessarily replicate the desktop version.
Indeed, many of the best sports betting apps will have push notifications enabled, so you will be able to find out about the latest deals as and when they pop up. If mobile betting is your preference, it is certainly worth shopping around to see how bonuses stack up with other operators. Also, here are some of the benefits of mobile betting.
Through mobile betting, you can place wagers as and when suits you. As long as you have a good connection, you can access markets with ease without having to worry about any unnecessary pop-up ads.
Mobile betting has also helped with live betting. With in-play betting, bettors can keep track of odds as they shift in real-time, and with just a few simple taps, you can place wagers or cash out as and when.
Similarly, mobile betting has made it easier for players to handle their betting finances when on the move. They will be able to make deposits and withdrawals to and from their accounts more seamlessly, and above all, they will be able to do so in a safe manner.
If you want to claim free bets from any one of our recommended operators, and you are new to sports betting, then here are some handy tips that you should follow.
When you claim a matched deposit offer, this will be matched to a specific percentage. This is the most popular type of offer available at free bets sportsbooks. The bigger the better, and aim for ones that are 100% or as close to as possible. The larger the percentage you get, the better your offer, even for smaller free bets.
As part of your research before joining a site, see what offers are being advertised. Don’t settle for the first thing you see. Make sure you know the requirements of other sportsbooks, and find one that will suit you in the long term.
The best free bets will allow you to bet in a way that suits you. For example, if a free bet only allows single bets, but you prefer to place accumulators, then this may not be suited to you. See how many free bet offers are available first before you commit to one.
Free bets are a great way to try and win some money, but by using these, they can help you to find new markets that you may not have thought of initially. So, if you can, take this opportunity to compare different lines, and seek ones with good value to get the most out of your free bets.
If you are a high roller, then this could put you on the path to becoming a VIP. By becoming a VIP on a site, you can receive access to free bets and parlays in the future, which will be more than what regular players receive.
Free bets can be very enticing, and they shouldn’t be ignored. These types of offers will enrich your betting experience, and there’s plenty of them going around.
Whatever markets you wish to bet on, free bets could make things bigger and better than you may have first thought.
With that in mind, you should take the time to seek out the best free bets from the sportsbooks we have outlined in this guide. You never know what this could lead to, so give them a try today!
Free bets will be added to your account, but they have one key link. They will offer all players the chance to place a free wager with the hope of winning bets and boosting their bankrolls.
A risk-free bet will not have any risk attached to it. So, if you win, that’s great, but don’t worry if you lose, your initial wager will be reimbursed.
Free bets are available in two ways. The first will be for new players who are after a welcome offer. In addition, you can also claim existing customer offers with the best sportsbooks; these allow you to keep getting matched deposit offers, free bets, and much more.
There are so many great offers out there, but for us, the BetMGM one is a big selling point as bettors can get a risk-free bet worth up to $1,000.
To get free bets on FanDuel, you will have to sign up, and place a minimum deposit of $10. If your first bet loses, you will be credited with a bet amount of up to $1,000.
At DraftKings, you can claim a 20% matched deposit of up to $1,000. You won’t need to enter a promo code, but you will have to bet on the platform to release the bonus amount.
DISCLAIMER: Gambling can be addictive, please play responsibly. If you or someone you know has a gambling problem and wants help, call 1-800 GAMBLER in the U.S. This service is intended for adult users only. Individuals must be 21+ to participate in sports betting and iGaming in the U.S.