Free Bets
Free Bets are given to customers so they will want to sign up with the bookmakers or betting exchange, and it works well.
On this site alone, we have over £3000 in free bets, that not to even mention the casino bonuses, poker bonuses & bingo bonuses you can get too!
So what is the history of the great free bets promotions, the advantages and disadvantages?
Free Bets were very easily abused a few years ago, but that was the bookmakers fault in my opinion, for being too careless in their terms and conditions. What used to happen is that you would get the standard free bets promotion, which would be something like deposit and bet £25 and we"ll give you free bets worth £25, usually in one lump sum.
However, they used to let them withdraw the free bets amount itself too, so the clued up customers were betting on really short odds and taking the free bets promotion for a very easy ride!
These days free bets are not so easy to abuse and to be honest, why would you want to, it"s peanuts at the end of the day and we should be concentrating on making long term profits, not bonus abusing.
So what is the difference between free bets now and free bets back then?
The bookmakers have become a bit more intelligent, amazing eh?
You will find that when you sign up to a free bets promotion these days, that you will not be able to withdraw the free bet amount itself, just the winnings. This is still a pretty good deal really, just make sure your free bets win and not lose!
You will also find that the odds are restricted on quite a few of the free bets, but not all. Some bookmakers might state in their terms that you have to bet at minimum odds of 1.50 or 2.00, but if you wait for the right time, you can find some good value and make sure your free bets don"t go to waste!
So, there you have it, don"t waste your free bets, be patient!
