The online gambling industry is incredibly competitive, with companies always trying to find a new angle as to how they can attract and retain new customers.
Whilst any decision to register for a new account with any online casino or sportsbook should involve a number of factors, such as the range of games and markets, platform ease of use, fast payouts and payment/withdrawal options, customer service, promotions available to existing customers, etc., the reality is that many customers are initially attracted by promotional offers that entitle them to some form of free bet or ‘Welcome Bonus’.
Exploiting The Bookies Offers
The competition is such that the vast majority of online casinos and sportsbooks currently seem to have some form of welcome bonus or free bet offer for new customers.
Many of these free betting promotions aimed at new customers require an initial deposit to be made upon registration, with the casino or sportsbook in question perhaps then giving the customer a number of free spins or a matching their deposit amount with free bets. But there are some that require no initial outlay.
The Holy Grail of free bets has to be the ‘No Deposit Free Bet’, which is exactly what the name suggests – a free bet where there is no need to make a deposit prior to receiving it. Let’s face it, who wouldn’t want to start betting for free, no deposit required?
Key Things To Look Out For
Of course, even though these free betting offers come with no requirement for the customer to deposit any funds, there are a number of restrictions to bear in mind. For example, you will of course still need to register your details, including banking, prior to claiming your ‘No Deposit Free Bet’ (you will need somewhere for the casino or sportsbook to deposit any winnings!)
There will probably also be a restriction as to what slot games you are allowed to play with any no deposit free spins you may accrue too.
What’s The Catch?
As with the majority of welcome bonus free spins from a casino, there will invariably be a requirement that any winnings must be wagered a certain number of times (let’s say 30x as an example) within a set period of time before they can be withdrawn. There will also be caps on bonus wins, which limit the amount you can win when using a bonus, so that’s worth bearing in mind.
No Deposit free bets are more common at casino sites but are quite rare in sports betting, but they do exist. Sports free bets will still come with a number of restrictions and the amount of any such offer is unlikely to be anything substantial. Even so, a free bet is a free bet and they can certainly make money!
Any no deposit free bet or free spins deal is certainly worthy of consideration and some are definitely worth grabbing if you get the opportunity to do so. As ever with any promotion though, it’s imperative to always read the terms & conditions to ensure that you fully understand the offer before signing up.
