If you are new to the competitive world of online sports betting, you are sure to have come across a variety of free bets as online sportsbooks compete to attract new players.
A free bet may be awarded when your wager loses a certain way when you first deposit to a site or as part of a welcome bonus. Sports betting apps with free bets offer these types of promos in all different shapes and sizes. To take full advantage, it is helpful to have a real grasp as to how each individual free bet works.
Unsurprisingly, only the most experienced sports betting enthusiast has a possibility to make a profit against the house long term. However, for most casual bettors, there are multiple chances to turn the odds in our favor in the short term.
The most straightforward way to achieve this is to utilize free sports bets, and other deposit bonus offers available. Whether these are new customer free bets, free bets no deposit, or just simple free sports bets, free betting should always be a benefit and help you get some winnings.
Most regulated online sportsbooks and online casinos have free money offers designed for new players to place the odds in their favor temporarily. As more sites are frequently launching, as we have mentioned above, it is vital to understand the potential of the promotions and bonuses available to you.
This article covers how to benefit from free bets online through a mobile betting app and explains the different types of offers you’ll find during your online wagering experience.
5 Best Free Sports Bets August 2022
All our recommended mobile sports betting apps offer some form of a free bet offer. You can access these offers by simply clicking on our links to create an account. All of these sportsbook apps are regulated and licensed to operate in the US.
1. DraftKings Sportsbook App
The DraftKings mobile sports betting app is one of the slickest out there. The DraftKings brand is synonymous with daily fantasy sports but has successfully transitioned to a fully-fledged sportsbook. As part of their exclusive sign-up offer, you can get access to a free $50 bet with an initial deposit.
Once you have created your account and it has been verified, just make a deposit of as little as $5. The operator will then credit your account with a $50 free bet credit. You are able to use it to place wagers like normal, but the amount of the credit itself isn’t withdrawable. This means you can place free arbitrage bets, free bets and parlays, and various other bet types using this offer.
You have 30 days to use this offer once it has been credited. The winnings will be yours to keep, but the free bet amount will not be included in any returns. There is no promo code needed for this offer. Although you can get it for a minimal outlay, you may be interested in taking advantage of the generous deposit bonus as well.
2. Caesars sportsbook app
Even if you aren’t familiar with gambling, you will likely recognize the name Caesars. The company has recently been striving to gain exposure in the sports betting world. Caesars sportsbook has been creating a lot of noise for its massive welcome bonus.
You can get a bonus worth up to $1,100 in first bet insurance. Place your first-time bet up to $1,100, and you receive this back in the form of a free bet if your bet loses. You will usually see the free bet credit within two days, and it must be used within 30 days from there.
3. BetMGM sportsbook app
Since its launch, BetMGM Sportsbook has continued to garner support and make its way to the top of the best sports betting apps in the US. You can access a risk-free bet by signing up via our links, and you will also qualify for a $10 free bet each week once you’re signed up.
For the risk-free bet, you must make a minimum deposit of $10, but the offer is worth up to $1,000. If your wager loses, you’ll get credited back in free bet credits up to the maximum amount of the offer. Once you receive the credit, you have seven days to use it.
The weekly free bet offer requires an opt-in once you have registered. If you wager $50 in real money during the prior week, you qualify for a $10 free bet. Please note that the amount of the free bet credits isn’t redeemable for cash.
4. PointsBet sportsbook app
PointsBet has a unique style of wagering, referred to as PointsBetting. This is part of the brand’s two-fold risk-free bet offer, with the other half dedicated to traditional sports betting via our links.
For the first part, your first PointsBetting bet is covered risk-free up to $1,500. PointsBetting allows you to adjust the risk on your bets, like moving the total or spread, with the returns based on the adjustment. The other part of the PointsBet sportsbook offer applies to straight sports bets up to $500. In both instances, you can get your bet amount back in site credits up to the maximum value of the offer if the wager loses.
5. Unibet sportsbook app
The Unibet sportsbook has a massive presence in Europe and is aiming to replicate that success in the US. New customers who sign up via our links can test the waters with a risk-free bet offer.
The offer is worth $500 with an initial deposit, but you can opt for a smaller amount like $50 or $100 if you would prefer. This only applies to your first wager placed on the site, so make sure you choose wisely. If the bet loses, you get your stake back.
It is a straight cash refund in some markets, while you will get on-withdrawable site credits back in some states. Like with all free bet offers, please read the terms and conditions before playing.
Sports Betting Apps with Free Bets and Promotions in 2022
As we have mentioned above, most online sportsbooks, with few exceptions like BetMonarch, offer some form of free bet to entice users to join. Whether these are risk-free bets or deposit bonuses, online sports betting bonuses are always useful.
Here are some of the top sports betting apps (aside from the top-rated ones above) with free bets and promotions available in the US:
- FanDuel sportsbook
- Betway sportsbook
- Borgata sportsbook
- BetRivers sportsbook
- Tipico sportsbook
- WynnBet sportsbook
- Fox Bet sportsbook
- theScore Bet sportsbook
- SugarHouse sportsbook
- Fubo sportsbook
- PlayUp sportsbook
- Hard Rock sportsbook
- Betfred sportsbook
- Elite sportsbook
- Resorts World Bet sportsbook
- Bally Bet sportsbook
- Golden Nugget sportsbook
- bet365 sportsbook
- Betly sportsbook
- Barstool sportsbook
- BetWildwood sportsbook
- Sky Ute sportsbook
- DRF sportsbook
- SuperBook sportsbook
- SBK sportsbook
How do Free Bets Work?
We know the idea of NBA free bets or free racing bets sounds too good to be true. But the truth is, the best betting sites do offer free bet bonuses. They are unusual in that they are advantageous for both the bettor and the sportsbook. The bettor is delighted as they have these free bets to play with, with the chance to earn free cash on the back of them. The sportsbook is also happy as they provide a great way of attracting new customers to their site.
A free bet is a chance to place a wager without any risk and get a payout on the net winnings if your bet is successful. The big difference between a regular bet and a free bet is that you don’t need to put down any money when it comes to a free bet. Consequently, you will not receive the stake as a refund along with your winnings if your bet wins.
There are many free bets available on reputable mobile betting apps. The best way to claim a free bet is to register for a new account with an online operator. Legal sports betting apps use free bets to attract players to register a new account and eventually make a deposit.
Online gambling companies hope that you will come back and place bets on their site by giving you something entirely free upfront. This explains why you must register for a new account and select a valid payment method before you receive your free bet.
How to claim a Free Bets Offer?
The way you claim a free bet will vary from app to app and depends on the promotion. For example, if your free bet is attached to a first deposit bonus, the free bet might be allocated to your account immediately. The same instant reward might come your way if you have won a free bet on the back of a loss.
Multiple sports betting apps require a bonus or promo code. Should this be the case on your chosen betting app, you will need to enter it during the sign-up process or when you make your first deposit. This process depends on the format of the bonus you want to claim. The promo code field is typically on the deposit or registration page. Once you find the box, you enter the bonus code that is attached to the free bet offer before completing the deposit or registration. The bonus will then be credited to your account automatically after that. If you are on a betting app that has a free bet without the need to use a sportsbook promo code, you can just skip that promo code field that is usually optional.
Please be aware that you will still be required to opt-in for the free bet or deposit offer to receive the bonus. This is simple to do and typically entails clicking on the “Opt-In” or “Deposit Now” button on the bonus page.
Whenever you register on a new app, your first stop should always be on the ‘Promotions’ page. This is where you will see all of the offers displayed, including the welcome package and any ongoing promotions and loyalty programs.
Betting on Sportsbook Apps for Free
When using any bonus or promotion to bet online, terms and conditions are usually attached. When betting on sportsbook apps for free, you need to be aware that there may be limited events or betting markets with which you can use the free bet. For example, free bets and parlays may not go together on the app you choose, so you will need to choose another bet type for your free wager.
Another common thing to note when betting on betting apps for free is the price of the operator free bets you want to buy. Often these offers will come with a minimum price to play. Ensure you read and understand the full terms and conditions of any free sports bets before committing to it so you don’t encounter any unwanted surprises or disappointment.
When wagering on apps for free, you can usually use your free bets on any sports you want to bet on. One option is to choose the right sportsbook app for the type of sports you want to wager on.
Types of Free Bets
It wasn’t too long ago that free bets were a fantasy. When online gambling was still a new concept, bettors were just pleased that online sportsbooks were available, let alone sophisticated gambling apps. Users couldn’t take advantage of the offers because they didn’t exist. However, as online betting has snowballed and competition has grown, bookmakers have developed several ways of attracting new customers with free bet offers.
To help you separate the types of free bet promos available at regulated and reputable sportsbook apps, we will cover the most popular free bet bonus offers.
Free Bets when you Join and Sign Up
One of the most popular forms of bonuses in the online betting industry is free bets for new players. Essentially, free bets are wagers you can make at the house’s expense. As a general rule, you can only withdraw the winnings generated from a free bet and will not be able to withdraw the free bet amount.
You can spend your free bets on numerous different betting types. For example, you can use your free bet amount on a moneyline favorite during an NFL match or use your free bet on a five-leg parlay if you are a risk-taker. No matter which option you choose, there’s nothing to lose.
Free bets can appear in multiple shapes and sizes to cover all wagering preferences. Some of these include:
A risk-free bet is an excellent option for all bettors. Like many of the offers listed on this page, these are usually reserved for new players at a betting app. These bonuses will require you to make an initial deposit and then place your first bet. If the wager wins, then nothing changes, and you can raise a glass to a successful start with your new account. If the bet loses, this is where the perk of ‘risk-free’ comes in.
At this juncture, the sportsbook will refund your stake in the form of a free wager. You can now place another bet. With this type of bonus, you are effectively rerolling with your first bet.
In most instances, the free bet will not include your stake if it wins. As usual, always check the terms and conditions as there will be expiry dates listed for both submitting the initial bet and then placing the second bet (if the first one loses). When the deadline is shorter, you should place short-term wagers instead of a futures bet.
$500 Risk-Free Bets
The principle of this bet is the same as any risk-free bet; however, the maximum amount you can wager is capped at $500. A good example of this is the current Unibet welcome bonus. If you sign up for a Unibet sportsbook account, you will be awarded a $500 risk-free bet.
$1,000 Risk-Free Bets
This is the same as the above; only the limit is higher at $1,000. Currently, the FanDuel sportsbook has a $1000 first-time risk-free bet for new customers. The process is simple. You register for an account, and on your first wager, you can bet whatever you like knowing any amount up to $1000 will be credited back to you should you lose.
Match Bet Offers
Another generous bonus is the matched bet offer. Once you have made your first deposit and placed your opening bet, the betting site will give you a free bet up worth the same amount. It is similar to the risk-free bet in that if your initial bet is unsuccessful, you will get another chance with the free bet. However, this has a significant advantage in that if the initial bet wins, you will still be awarded the free bet.
There are also matched bet deposit bonuses. With these, the size of the free matched bet is based on the size of your first deposit instead of the size of the first bet. Most sportsbooks typically promote a match bet offer of 100% of up to $500.
Free Bets vs Real Cash Offers
There are perks to both real money, and free bet offers, as there should be with any bonus a sportsbook provides. As this article is bringing you all of the critical information surrounding free bets, let’s take a look at the benefits of these compared to real cash bonuses.
The biggest advantage to claiming free bets on betting apps is that you can test drive the app to ensure it is reliable and smooth before making your initial deposit. You will also find out which betting types and sporting events are available on the app, whether you are in New Jersey or Pennsylvania.
Aside from not having to spend any of your money first, another perk is that you can place a bet absolutely risk-free. Additionally, even if you do have to spend your money first, you can still get back a risk-free bet should you lose.
Finally, another advantage is that you can extend your betting experience by increasing your bankroll. This essentially allows you to make more wagers than usual, which could ultimately lead to more profits down the line.
Making the Most Out of Free Bets
When you have just created your account and got your free bet, and are excited to get going, there are some things to consider to maximize the bonus. First, check the terms for any specific requirements. It would be a waste of time looking for a suitable selection, only to find that your wager doesn’t meet the required criteria.
Your free bet might have to be placed on a specific sport, market, or event, or it may require placing at maximum or minimum odds. You should also check the expiry period, which is the period of time you have to use the free bet before it expires.
You should also use a free bets calculator. If you are wondering how much you could potentially win, the easiest way to do this is by using a free bet calculator. There are numerous options online. Additionally, when it comes to free offers, we recommend going big. This is your golden chance to win big, with no downside if you lose. If you have a favorite underdog or have a good feeling parlay or prop bet, use your free bet to take a chance on it.
Finally, there is no need to bet it all. The wagering requirement can turn a fun free bet into a frustration, particularly if you are not willing o risk much money to meet the requirement. Remember that you can spend less than the total amount of your free wager, and the amount you need to claim your bet will drop accordingly.
Ultimately, the strategy behind converting free bets into cash is straightforward. Always read the terms and conditions and keep the odds as high as possible. There may be some restricted odds and events on that front, but some prior research will lead you to the best-case scenario.
Best Free Sports Betting Markets
The best markets to use your free bet naturally depends on which sports you like. For example, NFL betting is prevalent in most betting apps. There are several markets offered in football betting, including player props, over/under, and spreads. If you like to think of yourself as somewhat of an NFL expert and have considerable knowledge about teams and the league, that could be a good choice.
Some notable markets to use your free bet on include:
- Free football bets
- Free horse racing bets
- Free Wimbledon bets
- Free raving bets
- Free NBA bets
As we have mentioned above, not all apps will offer all of these markets, so make sure you read the terms and conditions.
How to Cash out Free Bets?
Every online betting app promotion, whether it is a free bet, no deposit free bets, or a straightforward deposit bonus, will have a variety of restrictions you should know about before you claim the offer.
Unfortunately, this means you will need to carefully read the terms and conditions to find out what you can and can’t do with your bonus. This is worthwhile, as you want to be able to withdraw or cash out the winnings from your free bet without finding out you can’t further down the line.
The good news is, we have listed below the typical restrictions to make the process of cashing out your free bet much smoother.
Restricted odds: Free bets must be placed at a minimum odds level. Essentially, this means you must look for exact odds for your free wager to be eligible. Even the best free bet promotions require you to place a bet on odds of around -200 (or 1.5 in decimal).
Time limit: There will be a time limit to use your free bet. Once you have signed up for a new account and claim the promotion, it might only be active for seven days before it expires.
Maximum win: Most free bet promos have restrictions on the amount you can cash in. For example, a no deposit free bet offer will have a limit of $200 that you can cash in once you have met the wagering requirements. You can then withdraw the bonus money.
US States with Legal Sports Betting Apps with Free Bets
You can sign up for a sportsbook and download their app from any US state, but you will need to be located in a state where mobile sports betting is legal before you can place your bets. The states listed below are the most prominent states where sports wagering is permitted online and on sports betting apps:
- New Jersey
- New York
- West Virginia
Free Bet Offers for your State
Different betting apps regularly provide different offers depending on which state you are looking to bet in. There are several reasons for this. Some operators may believe a free bet bonus works better in one state over another, or it may be there was a better user uptake for a deposit offer. Some free bets are also associated with different sports teams that play their home games in the state.
For example, BetMGM New York may run price or odds boosts for new players on the Giants but could run a different welcome offer for the Titans in Tennessee.
Sportsbook Competition Leading to more Free Bets for Players
The online betting world in the US is competitive. New sportsbooks frequently appear, trying to win customers from the more established operators. This means there are more free bets than ever for players, so you have plenty to choose from. The trick is selecting the offer which suits you the most. Consider all of the factors we have listed above, bookmark this page, and good luck!