Free bets are a popular form of promotion offered by bookmakers to attract new customers and keep existing ones loyal. A free bet is essentially a voucher or a credit that allows you to place a bet without risking any money of your own. If the bet wins, you get to keep the winnings, but not the free bet stake. If the bet loses, you don’t lose any of your own money, but you also don’t win anything. Free bets come in many different forms, and they vary in value from just a few pounds to hundreds or even thousands of pounds.
Some free bets are awarded as a welcome bonus for signing up with a bookmaker, while others are offered as a reward for placing a certain number of bets, or for participating in a special promotion or Scotland News Today contest. Free bets can be used on a wide range of sports and events, from football and horse racing to tennis and basketball. They can also be used on various types of bets, such as single bets, accumulators, or in-play bets.
One of the main benefits of using free bets is that they allow you to try out a new bookmaker or a new strategy without risking any of your own money.