Most of the £5 free bet offers are no deposit signup bonuses. This is pretty straight forward… it means if you sign up they’re going to reward you with a free £5 bet. Simple as that.
Remember they’re not just handing you money here (well, not right away at least) you can’t immediately withdraw it as you would a normal cash balance. Sometimes it will either appear as a bonus balance or a free bet token. Some sites (if they’re that old or badly made) will show the balance as normal cash but you won’t be able to withdraw it straight away.
At the minimum you’ll need to place your free bet at least once. The better offers (with the higher rating on Bookie Monster) will just need you to bet once and whatever you win is yours. More commonly offers will require you to complete your wagering requirements by rolling over your winnings a few times.
Say, for example, you need to wager x20 your bonus and you get a free £5 bet token. Then you’d need to play though £100 of sports bets before you’re able to withdraw. Some offers might cap your overall winnings so from your £5 even if you win £1000 you might only be able to withdraw £200. The caps will vary and some won’t be capped at all if you’re unsure check Bookie Monster or the offers terms and conditions.
Most sites will show your current level of wagering (though some are more obvious than others) you can usually check with their live chat if you’ve lost count.
We won’t tell you what to bet on but just keep your wagering requirement in mind when you’re making your selections and there’s no point shooting for the 100/1 odds if you’re capped below that. You’ll have plenty of these offers to play with but be smart about your selections.