Free Bets At Online Sportsbooks

It’s no surprise that only the most experienced sports betting enthusiast has an opportunity to make a profit against the house in the long term. However, for the rest of us, there are more than enough chances to turn the odds in our favor in the short term.

The easiest way to achieve this is to take advantage of the free sports bets and other no deposit offers and bonuses available to new sportsbook players.

Most regulated online sportsbooks have free money offers that are custom made for new players to place the odds in their favor temporarily.

With more sports betting sites coming online every day, you should understand the potential of the bonuses available to you.

Whether you want to find a bonus or promo code to claim one of these offers, or you are combing the fine print to understand the playthrough requirements, we at PlayUSA have you covered with our comprehensive guide to bonuses available at online sportsbooks.

Best free bet sportsbook offers

RANK
OPERATOR
BONUS
INFO
ACTION
3
$5,000
Risk Free Bet
Up To $5,000 Risk Free Bet 
Weekly Betting Promos
Use Promo Code: LEGALRF
5
$1,000
Risk Free Bet
National & College Football Special
Bet $1, Win $100 In Free Bets -or-
$1,000 Risk Free Sports Bet
Weekly Boosted Parlays
To Claim: Click Play Now
6
$600
Risk Free Bet
Exclusive Offer
$600 Risk Free Bet
Use Promo Code: BETBONUS

All our recommended sportsbooks offer some form of a free bet offer. You can gain access by simply clicking on our links to register an account. Let’s take a closer look at how each of the free bet offers work.

1. DraftKings Sportsbook

DraftKings Sportsbook

Bonus: $50 free bet + up to $1,000 on deposit

Bonus Code: None - Use Links

The popular DraftKings Sportsbook brings to the table one of the slickest betting platforms that you’ll find. As part of our exclusive sign-up offer, readers can get access to a free $50 bet with an initial deposit.

After completing the registration process, just make a deposit of as little as $5. DraftKings will credit your account with a $50 free bet credit. You can use it to place bets like normal, but the amount of the credit itself isn’t withdrawable.

You’ll have 30 days to use it up after it’s credited. Winnings will be yours to keep, but the amount of the free bet won’t be included in any returns. While you can get it for a small initial outlay, you might want to take advantage of the generous deposit bonus as well.


 

2. BetMGM Sportsbook

BetMGM Sportsbook App

Bonus: up to $1,000 bonus

Use bonus code: PLAYBONUS

Since its debut, BetMGM Sportsbook has continually been making strides towards the top of the charts. You can get a risk free bet via our exclusive links and also be eligible for a $10 free bet each week once you’re signed up.

For the risk free bet, you have to make a minimum deposit of $10 to qualify, but the offer is good up to $1,000. If your bet loses, you’ll get credited back in free bet credits up to the max of the offer. Once credited, you have seven days to use it.

The weekly free bet requires an opt-in after you’ve signed up. If you bet $50 in real money during the prior week, you’ll be eligible for a $10 free bet. For both offers, the amount of the free bet credits aren’t redeemable for cash.


 

3. Caesars Sportsbook

Bonus: $5,000

Use bonus code: LEGALRF

The name Caesars may need no introduction, but the company has been going out of its way to announce its arrival as a major player in the sports betting scene. Caesars Sportsbook has been getting plenty of attention for its massive risk free bet offer.

You can place your first bet risk free up to a $1,000 maximum, which is currently the biggest offer of this kind in the industry. After getting your account all set and making a deposit, you have 30 days to complete the offer.

If your first qualifying wager is a loser, you’ll get back your stake up to the max as a free bet token. You’ll typically see the credit within two days, and it must be used within 30 days from there. There are lots of reasons to play at Caesars, but trying it out risk free is a no brainer.


 

4. Unibet Sportsbook

Unibet Sportsbook

Bonus: $600 Risk-free bet

Bonus code: BETBONUS

Unibet Sportsbook has a massive presence in overseas markets and is aiming to do the same here in the US. New users who create an account with our links and enter our exclusive code get to take it for a test drive with a risk free bet offer.

The offer is good for up to $600 with an initial deposit, but you can also go for a smaller amount like $50 or $100 if you’d like. It only applies to your first placed bet on site, so choose wisely. If the bet is a loser, you get your stake back.

In certain markets, it’s a straight cash refund, while it’s non-withdrawable site credits that you’ll get back in other currently available states. Once you click through on our links to create an account, you’ll be able to read the exact terms and conditions in your locale.


 

5. PointsBet Sportsbook

PointsBet sportsbook

Bonus: up to $2,000 in free bets

Bonus code: BETBONUS

PointsBet has introduced a whole new style of wagering with its PointsBetting offering. The feature is part of a two-fold risk free bet offer from the company with the other half devoted to traditional sports betting via our links and offer code.

For the first part, your first PointsBetting wager is covered risk free up to $1,500. PointsBetting lets you adjust the risk on your wagers, such as moving the spread or total, with the returns based on the adjustment.

The second part of the offer applies to straight sports wagers up to $500. In both cases, you can get your bet amount back in site credits up to the max of the offer in the event of a loss. Credits are not withdrawable and generally hit your account within 24 hours.


 

6. FanDuel Sportsbook

Fanduel sportsbook

Bonus: up to $1,000 risk-free bet

Promo Code: None - Use Links

A user-friendly platform and innovative features like ‘same game parlay’ have helped FanDuel Sportsbook evolve into an industry giant. You can see what all of the fuss is about and try it out in risk free fashion.

FanDuel’s risk free bet offer via our exclusive links is good up to a max of $1,000 with an initial deposit. If you place your first bet and go on to lose, then FanDuel will refund you in site credits that you can use to place more bets.

While you can’t take the amount of the credit out of your account, the security of knowing you’ll at least get your stake back is tough to beat. It can take up to 72 hours before you see the credit in your account, but it has happened much quicker in our experiences.


 

7. FOX Bet Sportsbook

Fox Bet Casino

Bonus: $500 Risk Free Bet

Bonus Code: None - Use Links

If you ever watch Fox Sports programming, then there’s a good chance you’ve heard of FoxBet. This isn’t just a fancy name. It’s a real deal sportsbook with lots of features and promos to look forward to, including a solid risk free bet offer.

Once you’re all signed up, you’ll have to opt in to take advantage of the promo and make an initial deposit. You can start with a minimum of $10, but the risk free bet offer is good up to a maximum of $500.

It applies to your first placed bet and requires minimum odds of -200. Once the credit hits your account, you can’t take it out, but it can be used to place more bets and any winnings obtained from there will be yours to keep.


 

How free bets work

Free bets sound too good to be true. Do the top sports betting sites really offer free money to their players? The simple answer is yes.

A free bet as an opportunity to place a wager without any risk, and receive a payout on the net winnings if you have a winning bet.

The main difference between a regular bet and a free bet is that you don’t need to contribute the stake when it comes to a free bet. Therefore, you won’t receive the stake as a refund along with your winnings if you have a winning bet.

There’s nearly an infinite supply of free bets available at reputable online sportsbooks. The easiest way to claim a free bet is to register for a new account with an online bookmaker. Reputable sports betting sites utilize free sports bets to encourage fans to register a new account and eventually make a deposit.

Online sportsbooks hope that by giving you something for free up front, you will continue placing bets on their site. This explains why you need to sign up for a new account and register a valid payment method before you receive your free bet.

How to claim the offer

To claim a free bet offer, most sports betting websites require a bonus or promo code.

Alternatively, you will need to make a minimum deposit before the free bet offer is credited to your account. However, the use of a bonus or promo code is one of the most popular methods utilized by online sportsbooks.

Should an online bookmaker require a code, you will need to provide it during the registration process or when you make your initial deposit. This process all depends on the nature of the bonus you wish to claim.

The promo code field is usually on the deposit or registration page. Once you locate the box, you enter the promo code that is associated with the free bet offer or deposit bonus before completing the registration or deposit. The bonus will then be credited automatically after that.

If you are on a sports betting site that doesn’t require a promo or bonus code, you need to gloss over the promo code field that is usually optional.

Please take note that you’ll still need to opt-in for the free bet or deposit offer to receive the bonus. This rule usually entails clicking on the “Deposit Now” or “Opt-In” button on the bonus or promotional page.

A promo or bonus code is essentially a coupon. However, instead of offering a discount on your purchased goods, it allows you to receive a better bang for your buck.

There’s plenty of online sportsbooks that offer unique promo codes. However, because we create our exclusive promo codes that are more generous when compared to the public offerings, we highly recommend that you shop with us first.

Types of free bet bonuses

You can treat yourself to a variety of free bet bonuses and promotions at some of the best sports betting sites in the industry.

To help you differentiate the types of free bet bonuses at reputable online sportsbooks, we will cover some free bet offers.

Risk-free bets

Risk-free bets can be an excellent foundation of matched betting profit. This type of free bet will allow you to place a bet knowing if you lose, you’ll receive the money back in the form of a free bet, cash prize or even a bonus.

However, a risk-free bet will require you first to make a deposit and place a bet with your money before a risk-free bet will come into effect. For instance, most sports betting sites will offer a $10 risk-free bet promotion. However, you will first need to wager $10 of your money. Also, your bet needs to be on minimum odds of 2.00 or higher.

Should you lose your $10 bet, you will receive $10 as a bonus back into your account only if you meet the wagering requirements. The bonus amount you receive must then roll over a couple of time at 2.00 odds of higher before you can withdrawal it.

Free bets

Alongside deposit bonuses, free bets are the most popular form of bonuses in the online betting industry, especially to new players.

Free bets can be seen as wagers you can make on the house’s expense. As a rule of thumb, you can only withdraw the winnings made from a free bet, and will not be able to cash in the free bet amount as well.

You can spend your free bets in an assortment of betting types. For instance, you can use your free bet amount to place a moneyline favorite during an NHL match, or you can use your free bet on a four-leg parlay if you want to take a risk. Either way, there’s nothing to lose.

Free bets can come in a variety of shapes and sizes to accommodate all betting preferences. These include:

Match bet offers

A match bet offer can also be regarded as a risk-free bet. It’s a smart way to promote a risk-free bet.

You will need to wager your hard-earned money before a match bet offer will take effect. Should you lose your first chance, the online sportsbook will credit your account with the same amount your wagered, up to a certain percentage.

Most online sportsbooks usually promote a match bet offer of 100% of up to $500.

Free bet no deposit offer

No deposit free bets are free at most online betting sites. As an entirely free bet, there will be no need to make a deposit to claim the no deposit free bet.

It should come as no surprise that a no deposit free bet amount is usually minimal. For instance, most online sportsbooks will offer a no deposit free bet that ranges from $5 up to a maximum of $10.

Should you win with a no deposit free bet, please note that you won’t be able to cash in your winning immediately either. You will need to wager your winnings 10-15x to meet playthrough requirements.

Deposit match bonus offer

At an online sportsbook, a deposit match bonus mainly works the same way as a deposit bonus at a real money casino.

Once you register for a new account and make a deposit, the online sportsbook will match your deposit, usually up to 100%. However, instead of the unachievable 40x wagering requirements at online casinos, sports betting sites will typically feature an easier way to meet playthrough requirements on the deposit match free bet offer.

Most online sportsbooks’ playthrough requirements are only one time. That is fantastic if you want a bonus with feasible wagering requirements that will allow you to cash out in a short time.

Advantages of free bets

The best advantage to claiming free bets at online sportsbooks is you’ll be able to test drive the sportsbook to ensure it’s smooth and reliable before making your initial deposit. You will also discover which sporting events and betting types are available on the sports betting site.

Apart from not having to spend your hard-earned money first, another advantage is you can place a bet absolutely risk-free. Furthermore, even if you do have to spend your money first, you can still be awarded a risk-free bet should you lose.

Last but not least, another advantage is you can prolong your betting experience by increasing your bankroll. Essentially, this allows you to make more bets than usual, which could lead to being more profitable.

Disadvantages of free bets

Although there are several reasons to take advantage of free bets at online sportsbooks, they do come with a handful of disadvantages as well.

For instance, most of the free bets have various terms and conditions that you must meet before you can cash in on your account. These terms and conditions are usually difficult to reach and will cause headaches if you wish to use them to profit on your account.

Apart from the terms and conditions, you will also notice that free bets offer little value or the amount you’ll receive in your account. Most free bet offers tend to range between $5-$10 as a no deposit free bet. If you find a higher offer, you will usually need to make a deposit first to receive the free bet credits in your account.

Also, most free bet offers come with restrictions that we’ll discuss in-depth.

Restrictions

Every sportsbook promotion, whether it’s a no deposit free bet or a deposit bonus, will have a variety of restrictions you will need to know before you claim the offer.

Unfortunately, this means you will need to comb through the terms and conditions to find out what you can and cannot do with your bonus.

Fortunately, here is the list of typical restrictions to make your free betting life easier on you:

No splitting: Most of the free bet offers at sports betting sites cannot be split in any way. For instance, should you receive a $20 free bet, you will only be able to make a single bet of $20. Also, you are limited to one betting market.

Restricted odds: Free bets are also restricted by odds. Essentially, this means you will need to look for specific odds for your free bet to qualify. Even the best free bet offers require you to place a wager on odds no lower than 1.5 to meet the requirements.

Maximum win: Most free bet offers have restrictions on the amount you can cash in. For instance, a no deposit free bet offer will have a cap of around $200 that you can cash-in once you meet the playthrough requirements.

Time-sensitive: Most free bet offers will be available for a limited time. Once you register for a new account and claim the promotion, it may only be available for seven days before it expires.

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