Sports betting training
Bookmaker companies strive to increase their client base and increase player loyalty, so they pay a lot of attention to lucrative offers, contests, promotions, bonuses and free bets.
In the material below, we'll take a closer look at the last type of bettor promotion.
Read also – in which bookmakers there is a free bet bonus without a deposit?
Content
- What is free bet?
- Which bookmakers have a free bet?
- Are free bets so beneficial?
- What's the best way to use free bet?
- No deposit free bet
- Free bet without wagering
- Wagering bonus
What is free bet?
This is a free bet for a certain amount. The bettor has the opportunity to make a bet and, in case of winning, receive only a net profit (excluding the amount of free bet). In case of an unsuccessful deal, the bonus expires, but the user does not lose personal funds.
For example, BC Olimpbet issued a free bet of 500 rubles for the fact that the user brought a friend. The bet with the odds of 2.35 comes in. The payment will be 1175 rubles, but the bettor will receive 675 rubles, since the amount of the bonus should be deducted from the amount of the win.
There are several types of free bets:
- No deposit (no balance replenishment);
- For the first deposit;
- For the first bet;
- For installing a mobile application;
- For fulfilling the conditions under a temporary promotion or a permanent loyalty program;
- Incentives from the bookmaker (birthday, active game, other reasons);
- Free bet cashback.
As a rule, a free bet can be used only for a single bet and for the entire amount at once (you cannot split a free bet into several outcomes). There may also be restrictions on the size of the coefficient, events, etc.
Which bookmakers have a free bet?
Free bets are one of the main marketing tools of bookmakers, so this type of bonus is available at most legal bookmakers:
- BC League of Stakes – 10,000 rubles free bet to all clients. The main advantage of this offer is the fact that the free bet issued upon registration, which must be used within 14 days after receipt, is available to all users without exception, without replenishing their account, i.e. the bonus is completely no deposit. And its size determines the luck of everyone, because during the registration process, the user needs to spin the Wheel of Fortune, where the final bonus will be indicated;
- Bookmaker Betcity – free bet 50% of the first deposit amount (issued after the bettor puts down the amount of the deposit with odds from 1.8 to sixfold);
- BC Olimpbet – 500 rubles free bet for registration and verification (used for outcomes with a quote of at least two). The main advantage of the bonus is the ability to receive it several times. So, if your first bet on the bonus turns out to be a losing one, the company will credit it again, and if the second bet also loses, Olimpbet will provide a third chance to make a profit from the bonus;
- BetBoom bookmaker – freebets for registration (500 rubles) and first bets (also 500 rubles);
Get a free bet at BetBoom
- BC Fonbet and BC Bettery – free bets for account replenishment and bets;
- Bookmaker Pin-Up – free bets for fulfilling certain conditions, for example, if an express of three events with quotes of at least 1.99 does not play, then a free bet will be credited for the amount of the loss (in your personal account, you must activate a certain promotional code in advance).
Are free bets so beneficial?
The answer to this question depends on what type of bonus the bookmakers offer and what the terms and conditions of its use are. Obviously, if this is a no deposit free bet, which is issued for this or that action, then the profit is maximum. When it is required to make certain bets in order to become the owner of the free bet, it may take more money to fulfill the requirements than the potential profit from the free bet.
If we assume that the conditions of all free bets are the same, then the value of the potential profit increases with increasing odds. However, at the same time, the probability of winning decreases.
For example, if the free bet is 1000 rubles, and the quote is 2, then the winning will happen in half of the cases – 50% (excluding the bookmaker's margin). The payment will be 2,000 rubles, and the profit will be 1,000 (50%). With a coefficient of 5, the chances of entering will be 20%, but the bookmaker will pay 5000 rubles (profit 4000).
The greater the risk, the higher the profit, but the lower the probability of success
What's the best way to use free bet?
Before placing your free bet, check the requirements and the wagering process, if any, in detail. It is important that the offer does not overburden, and the profit on the free bet is converted into real money
Pay attention to the minimum and maximum odds, as well as the terms of use of the bonus. Moreover, both for the free bet itself (on what and when it can be bet), and for the bets, which are made to receive a promotion or wagering (for what period and with what quotes to bet).
It is advisable to refuse outcomes with the possibility of a return, since when calculating a deal with a quote of 1, you will not lose, but you will be left without earning.
When the free bet needs to be won back by making a lot of trades in order to get the highest expected income, the game on the outcomes with a minimum margin is best suited.
Most legal bookmakers have margins in the region of 3%. In the TOP matches for the main outcomes (winner, basic handicap and total), the highest quotes are offered.
If the free bet does not provide for wagering, and the winnings on it will be converted into real money, then it is important to find a balance between the amount of earnings and the risks. Optimal is to find underestimated events with a coefficient in the range of 2-3.5.
For example, under the influence of the fans' bets on total more in the duel of popular football clubs, bookmakers are forced to reduce the odds for this option. Accordingly, the value is increased by the total less. If there are prerequisites for ineffective football, then the lower total with a quote above two will be an excellent option.
This strategy is discussed in more detail in a separate article – betting on TM in matches of TOP clubs
No deposit free bet
Such a bonus is offered by the Betting League and Olimpbet. For a certain action – application installation and verification, respectively, a free bet is issued. It can be used immediately, and the winnings on it (net profit) will be available for the game or payout.
Since there is no risk of losing your own funds, the bet is selected based on the possible earnings and the chances of success, if there are no restrictions on the odds and outcomes from the bookmaker's office. However, taking odds below 1.5 is undesirable due to low profitability, and above 2.5 – because of the low probability of a bet being held.
Free bet without wagering
This is a similar type of bonus, with the only difference that in order to receive it, you need to replenish your account. It is best to place your free bet on the outcome that you are most confident in. As a rule, the bonus is active for 30 days, or even longer, so there is no need to rush. Take the opportunity to find the right match by betting on what you are good at. Analyze several events and make a list of predictions, then compare them and give preference to the one that is confirmed by a large number of factors.
Wagering bonus
Free bet is issued for the fulfillment of certain conditions on the rates. Most often, you need to place a bet for a total amount that is n times the bonus amount.
For example, BetCity bookmaker issues a free bet in the amount of 50% of the first replenishment of the account, but not more than 10 thousand rubles. To receive it, you need to make one or more transactions for an amount 6 times the deposit. Single and multiple bets with odds of at least 1.8 are taken into account. The resulting free bet cannot be used for selections with quotes higher than 3.
Using the already obtained free bet, you can take risks, since only the potential benefit will be lost. But when wagering, you need to be more careful, since personal funds are involved, and if most of the transactions are unsuccessful, then the bonus may become meaningless.
It is advisable to use various types of insurance. Let's say you choose not a clean victory for the team, but a double chance, and combine 2-3 options in a multi-bet in order to get the required odds (if the wagering conditions allow such bets).
You can also bet live. Watching live streams is a great addition to pre-match analysis. When there is an understanding of the kind of sport, then starting from what is happening on the field, you can make a profitable bet, and with an acceptable quote.
In general, the roleplaying should not be different from your usual game. Do not deviate from the strategy, do the analysis, bet on “your” sports, championships and outcomes.