Want to bet on sports without risking any money? With a free bet, you can. Free bets let you wager up to a certain amount and keep your winnings if your bet is right – and walk away with no money lost if you lose.
In this guide, we’ll highlight the 10 best free bet offers at US sportsbooks for 2021 – read on to find out how you can bet risk-free today!
The Best Free Bet Offers US – Comparison Table
Dozens of US sportsbooks offer free bet offers, especially for new bettors. We’ve rounded up the 10 top free bet offers and created the table below to help you compare free bets:
|Free Bet Amount||Minimum Deposit||Minimum Odds||Wagering Requirement||Valid Until|
|MyBookie||10% of average of 10 bets||$25||None||None||No expiration|
|BetUS||Up to $3,000||$10||-200||None||No expiration|
|BetNow||Up to $500||$20||None||15X||No expiration|
|5Dimes||Up to $200||$50||None||35X||No expiration|
|XBet||Up to $500||$45||None||7X||No expiration|
What is a Free Bet?
A free bet lets you wager on sports risk-free. When you place a free bet, you’re betting either with money given to you by your sportsbook or with the knowledge that you’ll be reimbursed for your bet if you lose.
If your free bet wins, you get to keep the winnings – minus the stake, which isn’t paid back. If your free bet loses, you haven’t lost any money.
Types of Free Bets
Free bets are typically given out to new customers as a way to entice them to a particular platform. In many cases, you’ll see free bet offers referred to as welcome bonuses. However, there are also free bet offers for existing sportsbook customers.
In this section, we’ll take a closer look at both types of free bets.
Free Bet Welcome Offers
Most of the best free bets are welcome offers for new sportsbook customers. So, they’re only available when you first sign up. In fact, in many cases, it’s your first bet at a new sportsbook that is eligible to be free – once you’ve placed a bet, you may no longer qualify for the free bet offer.
Free bet welcome offers break down into a few different categories:
Deposit Match Free Bets
Deposit matches give you money when you make your first deposit at a new sportsbook. BetNow, for example, offers a 100% deposit match welcome bonus worth up to $500. In essence, if you deposit $500, you’ll receive $500 that you can use to bet on sports at no cost to you.
Bet & Get Offers
Some sportsbooks have what’s known as ‘Bet & Get’ or matched betting free bets. BetAmerica, for example, has a ‘Bet $50 Get $50’ promotion for new bettors. If you make a bet of at least $50, you’ll receive $50 in your account – regardless of how your bet turns out. That $50 you receive can then be used to place a risk-free bet.
Money Back Free Bets
Money back free bet offers reimburse you if your bet loses. This is the type of free bet you’ll find at Sportsbetting.ag, as one example. There, you can place a bet worth $25 or more. If it wins, you keep the winnings. If it loses, $25 will appear in your account to make up for your loss.
No deposit free bets
No deposit free bets are perhaps the best free bets online because they don’t require you to deposit any funds to a sportsbook before you can start betting. Since these don’t lock you into a sportsbook, though, these offers tend to be very rare. In fact, none of the best free bets online we’ve looked at are no deposit free bets.
Free Bets for Existing Customers
While many of the best free bets are designed for new sportsbook customers, some online bookies offer free bets to existing customers. MyBookie, for example, has what is essentially a loyalty reward free bet program. You get a star every time you place a bet worth at least $5. When you get 10 stars, you automatically receive a free bet worth 10% of the average of the 10 bets that earned you the stars.
You can also find free bet clubs, which are a lot like VIP programs. These clubs require you to place a certain number of wagers every week, but they reward you with weekly free bets. Free bet clubs are best for frequent bettors since you’ll need to pay close attention to the shifting weekly requirements.
Are Free Bets Really Free?
Free bets really are free – in most cases. However, there are times in which you might place a free bet, but then not qualify for reimbursement. To understand why, it’s important to look at how free bets work.
For most of the best free bets online, you need to deposit money to a sportsbook. Now, that money can be withdrawn, so there’s still no cost to you.
At this point, your bookie will either give you money to place a bet – like for a deposit match free bet – or you’ll need to place a bet with your own money and then be reimbursed. In the latter case, if you lose, you can submit for reimbursement and get money immediately.
The catch is that the new money in your account comes with some strings attached. You need to wager a certain amount of money – often 10-20 times as much as your original bet – before you can withdraw the funds. So, it’s not as simple as just placing a single bet and then walking away with no losses if you lose.
It’s important to note that the best free online bets with no deposit required really are free. The best free bets with no deposit don’t require you to pay out and then be reimbursed, so you’re free to walk away if your bet loses. However, if your bet wins, there may be wagering requirements before you’re allowed to withdraw your winnings.
Free Bets Terms & Conditions
As we noted, the best free bets do come with some strings attached – what are known as terms & conditions. Let’s take a closer look at some of the key requirements you need to know about when placing free bets.
One important condition for the best free bets is that you can’t always bet on the overwhelming favorite. If the odds are too good, it’s highly likely that you’d win your free bet – in which case, it’s not much of a gamble at all. If every free bet won, sportsbooks would probably have to stop offering free bets altogether.
That’s why many online bookies with free bets have minimum odds that you can wager on. At BetUS, for example, you can’t bet on favorites with odds lower than -200 – meaning you have to bet $200 to win $100.
Let’s take a look at the minimum odds requirements for the top free bet offers:
|Free Bet Amount||Minimum Odds|
|MyBookie||10% of average of 10 bets||None|
|BetUS||Up to $3,000||-200|
|BetNow||Up to $500||None|
|5Dimes||Up to $200||None|
|XBet||Up to $500||None|
The wagering requirement is another important condition to know about when considering the best free bets online. When you get money for a free bet – as a deposit match, a reimbursement, or as part of a bet & get offer – you can’t withdraw it right away. Instead, you have to wager a certain amount relative to the amount you received.
Let’s take BetOnline as an example. If you lose your free bet and receive $25 as money back, you can’t withdraw that $25 right away. BetOnline has a wagering requirement of 6X, so you’d have to bet $150 (6 x $25) before you can withdraw the money from your free bet. You can bet $150 over multiple bets or all at once in a single large bet.
Many free bet payouts also come with time limits. At Intertops, for example, you have to use your $20 free bet money within 30 days of receiving it – otherwise the money will simply disappear from your account. Many of the best free bets have similar time limits, so it’s better to use your free bet money right away than wait for the perfect opportunity.
The payment methods you can use to fund your betting account varies widely at US sportsbooks. Most allow you to pay with a credit or debit card, and many offshore sportsbooks will also let you fund your account with cryptocurrency. In the table below, we’ve highlighted the accepted payment methods at each of the top free bet bookies:
|Free Bet Amount||Payment Methods|
|MyBookie||10% of average of 10 bets||Credit card, debit card, wire transfer, Bitcoin, Bitcoin Cash, Ripple, Ethereum|
|BetUS||Up to $3,000||Credit card, debit card, wire transfer, Bitcoin, Bitcoin Cash, Litecoin, Ethereum|
|BetOnline||$25||Credit card, debit card, Skrill, Neteller, wire transfer, money order, Bitcoin|
|Bovada||$10||Credit card, debit card, MatchPay, Zelle, Bitcoin, Bitcoin Cash, Litecoin|
|Sportsbetting.ag||$25||Credit card, debit card, wire transfer, money order, Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple, Stellar|
|Intertops||$20||Credit card, debit card, Skrill, Neteller, ecoPayz, Bitcoin, Bitcoin Cash, Litecoin|
|BetNow||Up to $500||Credit card, debit card, wire transfer, Bitcoin, Bitcoin Cash|
|5Dimes||Up to $200||Credit card, debit card, wire transfer, money order, Bitcoin|
|XBet||Up to $500||Credit card, debit card, wire transfer, Bitcoin, Bitcoin Cash, Ripple, Ethereum|
|BetAmerica||$50||Credit card, debit card, wire transfer, Neteller, PayNearMe|
Sports and Market Restrictions
One additional thing to consider is that not all free bets can be used to bet on all sports. The $25 free bet at Sportsbetting.ag, for example, can only be used to make a live in-game bet or a prop bet. At BetUS, free bets can only be placed on straight wagers and teasers, and even then only on a limited number of sports like football, basketball free bets, and hockey. So, there are no free bet accumulators that let you bet on multiple lines at once.
If you want complete freedom to bet however you like, be sure to check if there are any restrictions when you compare free bets.
How We Select Free Bet Offers
We’ve evaluated dozens of online sportsbooks to compare free bets and find the top offers. For our analysis, there are 2 main things we consider when deciding which new free bets are the best free bets.
The first is whether the terms and conditions are fair. Too often, we’ve seen unusually high wagering requirements that make it impossible to claim your free bet payout. We’ve also seen minimum odds that make it difficult to win your free bet. The best free bets that we’ve highlighted in this guide offer reasonable wagering requirements and many don’t have any minimum odds requirements at all.
In addition, we evaluate the best free bets based on whether they’re suitable for a wide variety of bettors. Most of the free bets we highlighted don’t have restrictions on what sports you can bet on or when you have to place your bet. So you can claim your free bet on anything from soccer, NBA and also there are some horse racing free bets, they also offer low minimum deposits and bett amounts, so you don’t need to commit a huge amount of money to play.
It’s worth noting that we also rate free online bets with no deposit required very highly. However, there are no online sportsbooks or betting apps offering free online bets with no deposit at this time.
How to Claim a Free Bet
Ready to claim one of the best free bets for 2021? We’ll show you how to sign up for MyBookie and start working your way up towards unlimited free bets.
Step 1: Create an Account
To create an account with MyBookie, head to the sportsbook’s website and click ‘Join Now.’ Enter your name, email, phone number, and date of birth to create a new account.
Step 2: Verify Your Identity
Step 3: Deposit Funds
Next, it’s time to fund your new betting account. MyBookie requires a minimum deposit of just $25, but you can claim a deposit match welcome bonus up to $1,000 if you deposit at least $2,000. Claiming the sign-up bonus won’t affect your ability to get free bets through MyBookie’s loyalty program
Step 4: Place Your Bet
Now you’re ready to start betting. You can view odds for upcoming matches in MyBookie’s lobby and just click to add lines to your betslip. MyBookie awards you a star for every bet you make over $5, and 10 stars earns you a free bet worth 10% of the average of your 10 bets.
Mobile Free Bets
Many of the top sportsbooks have mobile apps, and you can claim your free bet on mobile just like you could through the desktop sites.
In addition, some bookies even offer special free bet offers for players who use their app. At Sportsbetting.ag, for example, you can claim a $50 free bet when you download the app. That’s a larger free bet than the platform offers for any desktop players!
Tips for Using Free Bets
If you’re new to free bets, we’ve got 5 tips to help you put your risk-free wagers to good use:
- Bet big – A free bet is your chance to win big, with no downside if you lose. If you’ve got a favorite underdog or have a good feeling about a particular prop bet, use your free bet to take a chance on it.
- Use a free bet calculator – Wondering how much a bet could earn for you if you win? The simplest way to figure it out is by using a free bet calculator. There are dozens of options online, including this handy tool from Pinnacle.
- Take advantage of deposit matches – You only get a deposit match welcome bonus once. So, it’s a good idea to make the most of it. If you can, deposit the amount that’s required to max out the bonus amount.
- Use it or lose it – Many of the best free bets online have time limits, so it doesn’t do you much good to hold onto your free bet money for weeks or months. Instead of waiting for the perfect odds to roll around, take a chance on any bet that looks promising.
- You don’t need to bet it all – The wagering requirement can turn a fun free bet into a headache, especially if you’re not willing to risk much money to meet the requirement. Keep in mind that you can spend less than the total amount of your free bet, and the amount you need to wager to claim your money will drop accordingly.
The best free bets make it possible to bet big on your favorite underdog or upcoming match – without risking any of your own money. That said, it’s important to keep an eye on the terms and conditions when you compare free bets, since not all free bets are equally simple to claim.
Ready to start betting and earn free bets as you go? Sign up for MyBookie today and earn a free bet after every 10 wagers!
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