Free Bets | New Account Offers
To increase their member base, bookies usually incentivise new account holders with free bets, which let you try out new betting portals without spending too much cash.
We've compiled a list of the latest new account offers so that you can easily compare the different types of free bets and claim the offers that are right for you.
Offer of the Month+
- Register with Bet Victor today
- Bet £10 on any market you want
- Get given £30 in bonus bets
- And £10 to use in their Casino!
Bet Victor are offering new account holders a great deal at the moment - a 400% bonus on your first bet!
That’s right, simply register a new account today, place a £10 bet on anything you want, and Bet Victor will credit your new account with £30 in bonus bets and £10 to use on Casino games. Bet £10 for £40 in bonus credit at Bet Victor today!
Top 3 Free Bets
We've also highlighted our top three new account offers which are based on the overall betting experience you get when you join, and not simply the free bets value.
Free Bets Explained
If you're about to claim your first new account offer, our “free bets explained” guide should help you understand all of the different types of free bets that are on offer.
Once you’ve read our guide it should be easier for you to compare the free bet offers that bookies are giving away and claim the right deal for your style of betting.
types of free bets
In a way to stand out from other bookies new account offers, there are also various naming conventions for the types of free bets that bookies offer new customers.
Some bookies call them free matched bets, while others call them deposit match offers but they all usually let you place a bet for free.
Free bets can be awarded as free bet vouchers, codes or tokens and are the thing that a bookie credits to your account for you use instead of real money when betting.
Here’s a list of the most popular free bet types:
Free Matched Bets
This type of free bet is the one that kicked it all off when bookies started operating online and is still very popular to this day.
Bookies that offer free matched bets are basically saying that if you signup for a new account, they’ll match the value of your first bet with a free bet.
Ladbrokes are a bookie that’s traditionally offered free matched bets to new customers.
The way the Ladbrokes new account offer worked is that you register a new account, deposit anything that you want into it, and then decide what your first bet is going to be.
Let’s say that you decided to back Harry Kane as First Goalscorer in his next match and used the money in your account to bet £20 on the market.
And then as soon as the bet’s settled and also irrespective of if you won or lost your bet, Ladbrokes would credit your account with a £20 free bet.
Bookies also require that you use your free bet within a certain number of days which can range from 7 days right up to 28.
Deposit Match Offers
Although not as common, deposit match offers are fairly similar to free matched bets but instead of your first bets value dictating the free bet amount, it’s your first deposit.
Bookies that match deposits are essentially saying that they’ll match the first deposit that you make into your new account, with a free bet of equivalent value.
Betway are a bookie that’s favoured a deposit match offer to attract new members in the past.
The way the Betway new account offer worked is once you’d registered a new account, Betway take note of the value of the first deposit that you make into it.
They then send you an email with a code for a free bet that matches your deposit. This code can then be entered into their Betslip which lets you place a free bet.
Most deposit match offers come with some limitations and in Betway’s case, it’s that the value of your first deposit must be between £10 and £200.
The plus side to this type of free bet offer is the fact that you get to choose the value of the free bet that the bookie has to give you.
The competition for bookies to acquire new members has increased massively over recent years and so they’ve come up with a new type of free bet offer.
It’s basically a deal where the free bet that a new account holder receives is 200% to 300% of the value of the first bet that you place.
Bookies offering this type of free bet offer are basically saying that they’ll give you free bet that’s worth double or treble what you first bet.
William Hill were one of the first to offer this type of new account offer and only required you to bet £10 to £30 in free bets.
The William Hill new account offer also split the £30’s worth of free bets into three separate free bet tokens which now seems commonplace.
Getting three £10 free bets instead of one worth £30 is actually a good thing for punters as it gives you three chances of winning and not just one.
Staged Free Bets
There are also a small number of online bookies that require new account holders to place a series of bets before free bets are released.
This types of free bet offers usually take the average stake from your first five or ten bets as a basis for the value of your free bet.
One bookie that’s offered this type of deal in the past is SportingBet.
The SportingBet new account offer in question was worth up to £50 and was split into three separate stages as detailed below:
- STAGE 1: Bet £10 for a £10 free bet.
- STAGE 2: Place five more bets for a free bet matching your average stake (max £20).
- STAGE 3: Repeat stage 2 for another £20 free bet and £50 in total.
To be honest we’re not really fans of free bet offers that are split over many stages as they seem overly complicated to us.
When most bookies offer a more simple new account offer it’s hard to see how making an offer so convoluted will attract new members.
No Deposit Free Bets
New account deals that don’t even require that make a deposit/place a bet to receive a free bet are extremely rare - but they do exist!
To claim a “free bet, no deposit offers” you basically just need to signup for a new account to receive the deal.
Obviously you can’t have previously signed up with the bookie, and they usually need your credit card details, but this is usually for payouts.
Although not a traditional bookie, spread betting experts Sporting Index have been known to offer a £100 free bet without requiring a deposit.
The Sporting Index new account offer is about as good as it gets as it essentially lets you experience betting on their website with their money!
No deposit free bet offers are a great way of seeing if you like betting at a new bookie without using any of your own funds.
claiming free bets
It’s also quite common for our visitors to claim more than one free bet offer, the only requirement is that you can't have opened a new account with the online bookie before.
Bookies also have differing odds for the same betting markets, so it pays to be able to select your odds from a range of bookies to increase potential wins.
Having placed free bets with every bookie that we feature, it’s clear that being able to bet at the bookie offering the best odds has led to much bigger profits.