Free bet online – How it works

If you want to boost your sports betting, you should start looking out for free bet online. Free bets are pretty much what the name suggests, a bet that you place for free, without risking any of your money. We will go through questions like “What is free bet online?” and wagering requirements on this page. And, of course, a list of sites that have free bets available.

Looking for the best free bet online in Canada?

You will find free bets in most bookmakers in Canada. Below you can find a list of thoroughly tested bookmakers that we know are safe, good to use, and have free bets.

Information about free bet online

Below we will cover general information about free bets in Canadian bookmakers.

What is a free bet online?

There are many types of free bet online deals. All have their pros and cons. They all have in common that you have a chance to boost your sports betting bankroll without risking your money. It’s a common promotion and one of our favorite types of sportsbook bonuses. You essentially receive a dedicated amount of bonus money that you can use for one bet. Usually, you can bet on any sport.

One thing to have in mind is that while the name of this bonus is “free” bet, the bookmaker is not giving away the money without any strings attached to it. You are often awarded a free bet for doing something, such as depositing money in the bookmaker. Free bets are often part of a welcome bonus or awarded to loyal customers.

All free bet online deals have specific terms and conditions. What you should specifically look for is the wagering requirement. Wagering requirements are part of any bookmaker bonus. It’s a set of conditions you need to fulfil to convert the bonus money to real money. We will go through the details about free bet online in the next section.

The most common type of free bet online in Canada

Free bets is the most straightforward bonus you will find in bookmakers. You get a set amount of money to bet. For example, it could be a $25 free bet. As we already mentioned, a free bet would come with a set of conditions. Always read about the wagering requirements, so you know what you’re in for.

For example, it’s expected that a free bet bonus is restricted to over 1.75 or similar odds. If you want to bet a combi bet, you usually need three or more combinations to qualify the free bet. If you lose, you lose the bet. If you win, you will get the stake and winnings returned in the form of bonus money.

Wagering requirements and how to withdraw free bet funds

If the free bet wins, the bonus money cannot be withdrawn straight away in most cases. Usually, you have to wager the total amount a couple of times. Usually 2x or 3x. For example, say you used a $25 free bet @ 1.75 for Toronto Maple Leafs to win. The bet wins, and you receive $43.75. You then need to wager 3x this amount. $43.75 x 3 = $131.25. After you have done this, the bonus money is converted to real money that you can withdraw.

In some bookmakers, there are no wagering requirements for free bets. These the most beneficial types of free bets.

Summary

We hope that we have shown you that free bets are great. A bet for free, where you take no risk. If you win, great, you just added more money to your bankroll. If you lose, you lose, but you didn’t lose your money. Free bets are usually available for all sports, so you are likely to find a free bet for something you love to bet.