What Is A No Deposit Free Bet?
February 26, 2016
You don’t even have to deposit money in order to play.
Some customers sign up with a bookmaker only to discover that they don’t have the range of sports that they expected, for example, no horse racing or no American sports. Very often, they would entice silly gambles which stacked the odds massively in their favour.
Bookmakers have realised that they have to compete strongly for new punters – and free bets have traditionally been the way to get them in. What has often happened is that a bookmaker will offer a 10 free bet when a new customer opens an online account.
The customer has to deposit 10, and bet 10, usually on a single bet of odds at least evens, in order to receive a 10 free bet. This is where the bookmaker specifies exactly how you must deposit your money and on what you must bet in order to qualify for this promotional offer.
Bookmakers are great businessmen, of course, and some of them only wanted to attract high-stakes gamblers. The stake on that bet is not returned.
This enticed quite a few players, but many of them left once they had got their refund or their winnings, meaning that the bookie didn’t make much money.
Today, bookies are realising that there is an alternative way, and it actually involves giving money away.
Many people have complained, saying that this is over-complicated, and stacks the odds in the favour of the bookmaker. Some customers discover that they don’t like the way the site works. Of course, the bookmaker won’t let you have it all your own way, you have to deposit some money and bet with it afterwards if you want to withdraw your winnings. Some bookies responded by giving bets that were a little more simple, for example, offering a risk-free first bet. And if you’ve done it correctly, you won’t even have to deposit anything!
The No-Deposit Free Bet gives new customers free money – a 10 bet, free of charge, for anyone who signs up. Follow their rules, and you will get your free bet money. In this case, bookies such as Betclic said that you could bet 30 on anything you like, and if it lost, they would refund it. That would only apply for your first bet.. This, of course, is only fair, but it’s a great way for customers to start off with a bookmaker for the first time and discover the array of markets that they have on offer.
Many bookmakers have hidden their terms and conditions in the small print, but the law obliges them to make them very clear for new customers. In this case, they offered large amounts of money, but only in exchange for large gambles. A free bet, with no deposit required, means that they have a risk-free test of the site, and the bookies have discovered that this no-deposit bet increases trust.
Nobody wants to lose money, so we recommend that when you sign up with a bookmaker offering a no deposit free bet, you check out the terms and conditions