To benefit from the BetMGM free bets offer, you will then be required to make a deposit.

DraftKings, for example, offers a 20% matched deposit up to $1,000, so if you deposit $1,000, then you’ll receive a total of $1,200 in free bets that you can use for any sport. Most sportsbooks will present matched bets in different percentages, and they will suit those who like to stake large amounts. They will be fixed and will equate to the amount based on what you deposit.

Matched bets are the most popular type of welcome offer you will see. Let’s run through the most popular types of offers you could come across. Some of these will be sport specific, so if you wish to wager on the biggest events for NFL betting or like to dive into the latest tennis betting markets, you will find them at these sites. Popular Free Bet Welcome BonusesĪny of our suggested online sportsbooks will be well stocked when it comes to free bet welcome offers, and they will come in all forms. Remember that certain sportsbooks will have specific terms and conditions, which we will discuss later in this guide. But there’s nothing to worry about if your free bet loses, as you won’t have lost any money. If your free bet wins, you will get to keep the winnings minus the stake which isn’t paid back. This means that when you place a free bet, you will be betting with money or credits awarded to you by the sportsbook or with the knowledge that you will be reimbursed if your opening bet loses. You will be able to wager at sportsbooks risk-free. On the surface, there is nothing untoward about free bets.

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