Online free betting industry is exponentially booming day by day. One major reason behind this tremendous popularity of these betting websites lies in two factors.
The first factor is that they are easy to play as the player doesn’t need to be a pro in them before playing them.
Second Reason: most of these websites provide free bets in order to encourage their potential players.
So, are you willing to these bets? If yes, then it would be beneficial for you to get familiar with all the types of these bets. Although it sounds something strange for people that free bets also comprise various types, but yet it’s true.
Free match bet: This is one of the most popular free of charge bet which is offered by most of the betting websites. In this type of betting, the rule you must follow is more, you bet more you get.
It is just like an open an account with the betting website and then the bookmaker will match your sum with the free bet token. Usually, there is a minimum and maximum limit for this free bet which lies between 5 USD to 25 USD. Therefore, the amount that you bet between this limit will entitle you for a free bet of the same amount.
Series of bets: In this betting scheme, you will be awarded again with free bet which will be equivalent to your first wage. Only one major factor that differentiates this bet from the match bet is, here the amount of stake is split into equivalent parts. For instance, if you opened your account with a sum of 40 bucks, then the bookmaker will credit your account with four bets of 10 USD each.
Basket of free bets: You can guess with the name that in this sort of free betting the bookmaker offers you more free stakes matching the first one once you opt for a complete series of further bets.
Bet bonus: It is a free bet that depends upon your gambling skills. You just open your account with the bookmaker and in case your first stake wins, you will be entitled for a bonus. You must be having the question “How this bonus is calculated?” Well, basically the amount of bonus is determined on the basis of odds of your bet. Therefore, more the odds of your winning stakes, maximum the bonus you will acquire.
Share bonus: There are some bookmakers that offer the bonus in terms of the amount of your first stake. Sometimes they share nearly fifty percent of your first bet’s amount. They don’t depend upon the victory of your first bet.
Deposit bonus: This is the type of betting, which has no risk factors.
It has no risk because the bonus amount offered to you is determined on the basis of your initial deposits. Generally, the bookmaker matches with your initial deposit and the bonus credit which may be 100% of your deposit too.
Cash back: In place of crediting your account with bonus points, some of the bookmakers fulfill it with the cash. Here, it is also good to note that the amount of cash transferred into your account depends upon the amount of your first stake.
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