subject: Free Betting Online – Is it a Scam? [print this page] Free Betting Online Is it a Scam? Free Betting Online Is it a Scam?
These days, when you are highly unlikely to get something for nothing, online bettors are often skeptical about the appeal of free betting, as they tend to wonder if there is more to it than meets the eye. I will, therefore, try to help you find an answer to this delicate question.
Because of the stiff competition on the market, online bookmakers needed to create something special in order to attract new players and this is exactly how free betting came to the fore, and the expression now refers to special welcome bonuses and free bets the bookmakers have for new customers. There isn't a bettor in the world who doesn't like to get extra value for his money, which is why free betting has gained such a good reputation of late.
These welcome offers come either as match bonuses or free bets. Certain bookmakers will give you the same amount of free cash to match your first deposit, whereas others will welcome you with the free bet worth as much as your first qualifying bet, but, one way or another, you'll be in for some free cash to start your betting campaign.
Certain conditions are usually attached to the match bonuses, usually requiring that the total deposit and bonus amount be staked at least few times before requesting a withdrawal, so you should always read bonus terms and conditions before placing your first bet.
Things are pretty much the same with free bets as far as the conditions are concerned, and what you need to know is that stake will be excluded from any winnings resulting from a use of free bet. Therefore, in order to get the most out of your free bet, you should stake it at a higher price than usual.
Having much more favourable requirements than match bonuses, free bets are certainly a lot easier to claim, and that is why free bets amounts are pretty low when compared to first deposit bonuses.
Considering that the majority of bettors chooses bookmakers mostly based on their sign-up package, the best free betting advice I can share with you is to pay close attention to free bet terms and conditions before even signing up, as this will allow you to see if the welcome offer is something that will eventually go into your favour.
Getting a rich first deposit bonus would be of little use if it has almost impossible playthrough requirements attached to it, since you would not only spend your bonus money this way but also the money that came from your pocket. Hence, bear in mind that bonuses with favourable wagering requirements are the only ones you should consider.