Look for sportsbooks that treat bonus bets and site credit like cash, as this results in higher returns on winning bets. Our reviewers have spent countless hours evaluating the best online sports betting websites, and we check for the latest promotions on a weekly basis.

Sportsbooks offer a variety of free bet bonuses. Understanding the differences between them is important when deciding which free bet promotions are right for you. Disclaimer: Promotions change frequently.

The examples below were current at the time of writing but may no longer be available. In an increasingly competitive US sports betting market, sportsbooks offer lucrative sign-up bonuses to attract new customers.

Most sign-up offers result in free bet credits, but they differ in when and how the credits are awarded. Keep in mind that sign-up offers are only available to new account holders.

The only truly free bet promotion is a no deposit bonus. All you have to do is sign up for a new account and place your free wager. Unfortunately, free bet offers with no deposit requirements are getting harder to find as the terms are highly favorable to the bettor.

Check out our comprehensive guide to free bet no deposit bonuses here. Risk-free bet promotions are among the most common sign-up bonuses offered by online sports betting sites.

As we explain in our guide to risk-free bets , these sign-up offers give you a second chance if your first bet loses. Take a look at this FanDuel Sportsbook promo example.

We also like that FanDuel treats site credit like cash. We like to think of matched bet bonuses as buy-one-get-one-free offers. The sportsbook will then match the deposit or bet with a free bet up to a certain amount. The deposit match bonus is one of the best BetRivers promotions available.

Example: BetRivers Matched bet bonuses have an advantage over risk-free bets: you will receive a free bet whether your initial wager wins or loses. Recurring or ongoing free bet offers are available to any customer who opts-in to the promotion.

You do not need to be a new account holder. Occasionally, risk-free bets and matched bets are offered outside the realm of welcome bonuses, but here we will focus on other examples of ongoing free bet offers.

Sportsbooks are getting more and more creative with their promotions. A more recent development is the offer of getting your money back if your bet loses in a particular way. The refund will be in the form of a free bet credit.

One of the latest Caesars sportsbook promo code offers does exactly this. These are also known as insurance bets as they provide some protection when your team loses in overtime, for example. Some sports betting sites offer weekly promotions that provide free bets when you risk a certain amount or bet on particular sports or events.

It pays to bring your friends into the action at several top sportsbooks. Refer-a-friend promotions typically provide free bet credits to both you and your friend. A true win-win! All you have to do is provide your buddy with your unique invite link or referral code.

Example: DraftKings The best part is most sportsbooks that offer refer-a-friend programs place no limits on how many referral credits you can earn. Free bet offers are rarely free but taking advantage of other various online sportsbook promotions is key to beating the books and growing your bankroll.

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NBA NHL MLB NCAAB Upcoming Match-ups. In this section, we would be handpicking a few of these bookies. Study the thread below to learn more:. The coral sportsbook is a key player in the sports betting industry in the UK.

New coming users can get E10 worth of free bets when they bet E This bookie offers its new coming users E20 worth of free bet when they make a low deposit of E5 and place odds not less than 1. This bookmaker offers E30 when newly signed customers make a deposit of at least E10 to be used on odds not less than 1.

In their case, new coming members are expected to deposit a minimum of E10 which in turn will be tripled into E30 worth of free bet. All a user has to do is to use promo code 30F and wager E10 on odds not less than 1.

This simply means that some of these free bets with no deposit bonus offers are tied to certain sports betting events and markets. Bettors are allowed only to use their claimed free bets on these selected sports and markets.

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