I won’t get too much into betting strategy itself here. Really we can put that down to experience and one sentence “get good bets on value odds” which means find a likely outcome with a good price and stick it on.
Betting is not about knowing the outcome (because that’s just not possible unless you’re a Russian gangster or something). It’s about dealing with the variance and getting your money (or in this case bonus money) in when you have an edge.
But for specific free bet sign up offers you can narrow down your strategy a little.
- Check the terms and conditions and make sure you’re using the minimum odds (Bookie Monster will make this easy).
- Don’t bet on crazy low odds like 1.1 1.2 the stake for the free bet will usually not be returned. This means a £20 free bet might get you 20p if you’re odds are too low. You want a slightly hire priced value bet.
The main strategy for this would be to get as many free bets as you can. It’s like getting a free lottery ticket – the more you get the better the chance you’re going to have. With a tool like Bookie Monster it makes it very easy to get a lot of betting sign up bonus offers and the more you’re placing on the better your odds.
In theory if you have a good value bet at a good price then your mathematically correct to get every free bet you can and place it on that one result. If it does come in you’re probably looking at a pretty good pay day (and there’s always more bonus offers to follow that up with) but this can be very high variance.
The lower variance (which will mean less big wins but a higher number of smaller wins) would be to continually find good value offers and spread your free bets out between them. But in the long run the best strategy is just to take advantage of as many offers as you can – it’s a numbers game.