Firstly the strategy for finding free bets with no deposit is easy. Use our tool. Most sites telling people they have free no deposit bets haven’t updated in over a year when most bookies change their promotions pretty damn often. This means you’re getting a worse offer – if you even get one at all. Ours updates multiple times throughout the day automatically getting the best offer using our algorithm which takes requirements, bonus size, minimum odds and wagering requirements. We also make it really easy to sort the best ones out.
If you don’t want to use the software we do link some of the best offers on the homepage but this doesn’t update as quickly as the software. You can try and look for offers yourself but it’s a minefield of broken links, dead offers and if you do go through the wrong link they won’t credit you with the free bets.
But assuming you’re using the tool let’s have a look at the best way to use your free bets.
A free bet will come in one of two forms. It’ll either be a free bet token or a free bet balance (also known as a bonus balance). A free bet token has a set value and can’t be split up. For example a £10 free bet token can be used as one £10 free bet and that’s it. Winnings will then usually go into a bonus balance. Some free bet offers will also just give you a bonus balance.
This means more flexibility. You’ll still need to bet above and below the set odds restrictions (generally anything above 3/4 and below 9/1 is good but always check the terms and conditions as this can vary). Different offers give you different types of free bets. You can’t judge a free bet by its cover.
The two main types of a free bet is a Stake Returned (SR) or a Stake Not Returned (SNR). The clue is kind of in the name. If you’re placing a £50 free bet with a stake returned you get £50 back (the stake) and the winnings from the bet. If it’s a Stake Not Returned bet then you get the winnings but not the original stake.
This changes the strategy a little depending on which one you get. A stake returned bet can be placed on low odds and still give a pretty good return. Most free bets are stake not returned and will only make a few pence on the pound if you’re betting a really heavy favourite, so you might want to place it on a higher price outcome to get a good return.
There are two main strategies you can adopt with a free no deposit bet. Which you go for will really depend on what you’re looking to do and your betting knowledge already.