Free Bets - Best 7 Sign-Up & Risk-Free Offers in 2022
Free bets minimize your risk and increase your sports betting bankroll. Take advantage of these top 7 free bets and sign-up offers from licensed, trusted and established betting sites in the United States.
The best free bets offers should be easy for you to redeem, have a small amount of turnover and aren’t overly restricted with regards to terms and conditions. We only recommend current, up-to-date free bets and sign-up offers from reliable betting houses that are licensed to operate in your state.
Caesars is a fast-growing sportsbook brand with a footprint in thirteen states. Right now, new users are insured up to a maximum of $1,100 on their first bet. To redeem your free bet, sign up an account and deposit a minimum of $50 using our unique promo code. Make your first wager on any sport you like to unlock the offer.
Touted as “King of Sportsbooks and iGaming”, BetMGM offers a $1,000 risk-free bet with your first deposit. You need to fill in the promo code during sign-up and deposit a minimum of $10. Place your first bet at odds of -200 or higher. If you lose it, you’ll receive a free bet equivalent to your stake.
DraftKings Sportsbook is one of the strongest players in the United States. There are two bonuses for new customers who sign up an account and deposit at least $5. You get a $50 free bet and a 20% deposit bonus up to $1,000. In total, you can redeem up to $1,050 in free bet credits, giving you a leg up when you start betting.
With a robust selection of fantasy sports, consistently strong odds on underdogs and odds boosts for special player-friendly lines, it’s easy to see why FanDuel is the third best sportsbook in the legal US industry. The FanDuel sign-up offer unlocks a $1,000 risk-free bet for new players. Sign up and deposit a minimum of $10 using our promo code to activate this offer.
Barstool Sportsbook is a respected name in the US sports betting arena, boasting over 9 million active users. Signing up with Barstool earns you a $10 no-deposit bonus for testing out the sportsbook. To spice the deal even further, your first deposit of $5 or more gets you 100% free bet up to $1,000.
No legal online sportsbook in the US matches Fubo when it comes to streaming services. Sign up with Fubo to qualify for a $1,000 risk-free bet and 30 days of free Fubo TV. This allows you to watch ESPN, BeIN Sports, NBC and other popular sports channels. Enter our promo code and place your first wager of at least $10 to trigger the offer.
A safe and trusted EU betting brand, Bet365 offers new US customers up to $200 in free bets. Upon registration, enter our promo code and make your first minimum deposit of $10. Bet $1 at odds of -500 or greater and get $200 in free bet credits.
While this bonus isn’t particularly lucrative, it’s subject to low rollover requirements, which makes it ideal for most bettors.
What Is a Free Bet?
Put simply, a free bet is a wager that you don’t have to pay for. Many US sportsbooks will offer a free bet for signing up an account, but there can be similar promotions for regular bettors as well. The terms and conditions for free bet credits will vary from one bookmaker to the other.
In most cases, customers need to deposit a certain amount of money and make a qualifying wager to earn a free bet. You might find something like “bet $10 get $10 free bet, bet $10 get $20 free bet, bet $20 get $10 free bet” and such like variations.
Types of Free Bets
Unlocking a free bet is as simple as signing up and account with a bookmaker to earn a no deposit bonus, matched bet or a completely risk-free bet. Below, we will explain the common types of free bets available today.
No deposit bets are free bet credits that bettors receive when they successfully register a sportsbook account. You don’t need to deposit anything to get your hands on a free bet, nor do you need to place a qualifying bet. For example, Barstool Sportsbook gives you a $10 no-deposit bonus for successfully registering your account.
Unsurprisingly, no deposit bets are often smaller than other types of free bets in terms of the bonus amount. But they greatly help new users to try out a sportsbook before fully committing.
As with other types of free bets, no deposit free bets are subject to various T’s & C’s, including minimum odds, wagering requirements, eligible markets and validity period.
A matched bet gives you a guarantee that you’ll receive a percentage of your wager back if you do lose your bet. An example of this would be DraftKings, which offers a 20% match up to $1,000.
Most bookmakers will offer matched deposits once. Meaning that the same match bonus won’t be available every time you fund your betting account.
Again, you must meet certain wagering requirements before you can cash out any winnings from free bets. For example, if a matched bet bonus has a 3x turnover requirement, you would need to turn it over three times before it is paid out.
Risk-free bets are refunds issued to bettors in form of site credits, up to an advertised amount, when they lose their first bet. That means you’ll receive no bonus if you win your first bet as planned.
For example, BetMGM has a 100% risk-free bet up to $1,000. If you place your first bet at BetMGM and lose it, you get site credits equal to your lost stake, up to a maximum of $1,000.
To claim a risk-free bet, you need to deposit a certain amount of funds (e.g. $10) and make a qualifying wager. Remember, there are many terms that apply to risk-free bets, such as the number of times you need to turn over your stake, the maximum you can win, etc.
Loyalty programs are rewards given to bettors based on their wagering volume. Many US sportsbooks have automated tracking systems that monitor players’ betting activity and reward them accordingly.
For example, BetMGM has the MGM Rewards loyalty scheme where players are awarded points for every qualifying bet. The more points a player accrues, the higher they move up the ranks and unlock rewards like free bets, refunds on net losses and other personalized gifts.
WynnBET also has the WynnBET loyalty program that issues bettors with free credits. You can redeem these free credits for free bets and other bonuses.
Major Sports Events
While risk-free bets are popularly used as sign up bonuses, they’re occasionally available to existing customers during major sporting events as well. Oftentimes, you’ll find risk-free bets on Super Bowl, branded more or less like bet insurance.
For example, at DraftKings, you could win $280 if you bet $5 on Super Bowl LVI. Similarly, BetMGM offers same-game parlay on Super Bowl LVI, where you could get up to $25 of your initial stake back if you lose one of your 4+ legs parlay bet.
Get the Best Free Bets Offers with Odds Scanner US
Risk-free bonuses not only give you a second chance at winning but also protect you from possible losses. At Odds Scanner US, we know the value of free betting and strive to bring you the best value risk-free bet deals from the best legal US bookmakers.
Our partnership with legal and trusted sportsbooks makes it possible for us to compare free bets and betting offers from reliable betting houses in the United States. We analyze the very best deals from leading betting sites like Caesars, FanDuel and DraftKings, ensuring you are not missing out.
Sit back, relax and make the most of all the promotions that sportsbooks have to offer.
Latest Free Betting Promotions
We constantly refresh top bookies’ bonuses to bring you the latest free bet offers from all the legalized sportsbooks. Keep an eye out on the promotions section of the sportsbooks in our list to find exclusive sign-up bonuses, risk-free bets, no deposit bonuses and other sports betting bonuses for existing customers.
We update our list regularly to reflect what is available on various betting sites we work with in the US. To make it easier for you to find the promotion you are looking for, we split the bonuses by operator, type of free bet offer and bonus amount. Claim huge risk-free bet deals and maximize your winnings.
Bonus Terms & Conditions Explained
Sportsbooks want you to sign up an account with them, but they also want you actively wagering once you do. That is where bonus terms and conditions come into play.
We describe each bookie’s bonus terms and conditions in a straightforward, transparent and to-the-point manner to ensure you know what is required of you.
We explain each bonus’s rollover or play through requirement, how much time you have to make a claim, what a qualifying bet for an offer is and more. The idea is to make sure you are well equipped to take advantage of the bonus offer without getting stuck along the way.
Most Common Free Bets Requirements
There are various terms and conditions that you can expect to see with free bet deals from the top US bookmakers. Before signing up, pay attention to the terms of each deal to ensure you can meet its requirements and ultimately earn yourself a free bet credit.
Qualifying Odds & Markets
The purpose of free bet deals, whether they are new customer free bets or bonus offers for existing customers, is to get you actively wagering on the site. As such, not any odd or market will count towards your bonus requirements.
Typically, you’ll have to place your bets at a certain minimum odds number to qualify for a free bet. For example, if a free bet requires odds not shorter than -500, then a bet with -550 odds wouldn’t qualify, but one with -450 or +450 would.
Similarly, some free bet deals may only be used on specific sporting events or markets. For example, you can have a free bet offer that can only be used to place a parlay bet on Super Bowl or college football.
A rollover or play-through requirement indicates a specified number or value of additional bets that you have to place before you can cash out any winnings from a free bet.
For example, if a sportsbook offers you a $1,000 first deposit match bonus with a 3x rollover requirement, it means that you have to bet $3,000 before you can cash out any bonus money.
Bonus Expiration Date
Most sportsbooks won’t run free bets promotions forever. You’ll have to claim and use those free bets within a stipulated timeframe or they’ll expire and you forget them.
In most cases, you have anywhere between seven days to one month to fulfill any rollover requirements attached to a free bet. If possible, use your free bet within seven days from the time it was issued.
As the name suggests, maximum win refers to the highest payout you can receive while using a free bet. For example, if a sportsbook limits the maximum win on free bets to $1,000,000, then additional winnings will be void.
Some sportsbooks will even show some sort of error message with the indication, “Limit: $1,000,000.”If that happens, pull out some of your picks until you reach your maximum win limit.
How to Claim a Sign-Up Free Bet
Wondering how to place free bets in 2022? In this section, we share four easy steps you can follow to claim a free bet offer:
1. Register on a Trusted Sportsbook
Browse through all legitimate US bookies with the best free bet offers. Click “Join Now” to register an account. Many sportsbooks will also have free bet apps. Find out if your favorite sportsbook has one and download it.
2. Verify Your Identity
Fill out your name, phone number, email address, date of birth and last four digits of your social security number. This is to verify your identity and fulfill your Know Your Customer (KYC) procedures.
3. Activate the Free Bet Bonus
Many sites listed above will need a promo code to unlock the free bet bonus. Therefore, copy the code properly from our website and enter it into the code box to redeem an offer.
4. Make a Qualified Bet
Finally, place a real-money wager. Each betting site will have its rules about what kind of wagers will qualify, so always check out the bonus terms and conditions before placing a bet.
If your qualified bet wins, that’s great- enjoy your winnings. But if it loses, your sportsbook will refund your wager up to a certain dollar amount.
Again, you have to meet the turnover requirement to be eligible to withdraw any winnings from a free bet bonus.
How to Maximize Your Profits with Free Bets: 4 Pro Tips
There are many ways to maximize bookies free bets. Below are four pro tips to make the most of betting sites with free bets.
Compare Bookmakers Odds & Lines
Shopping around for high odds before placing a bet is a good idea. Higher odds equal bigger returns. Odds Scanner US highlights bookmakers with the highest odds in real-time to maximize your profit.
Use Free Bets to Increase Your Bankroll
Free bets ensure that you are not betting out of your budget. Go for betting sites that have the best free bet offers. You’ll be surprised at how quickly you can have your bankroll doubled up.
Look for Value Bets
Value betting can be a very profitable and smart betting strategy. You can win a lot of money by finding a bet at odds that give you an advantage over your bookmaker. However, value betting may not always yield the expected results as bookmakers may display the odds that don’t reflect what’s likely to happen.
Keep an Eye Out for New Promos & Loyalty Programs
Every top sportsbook runs a promotion from time to time. Some target new players while others are designed for existing customers. Follow bookmakers’ websites and social media or keep an eye our sports betting news to find out which bookmakers have freebies for bettors.
Are Free Bets Worth It?
A free sports bet is worth it in many ways. You can use it to test out a new betting strategy, try to hit big or even build your bankroll. If you can meet a free sports bet’s requirements in time, take advantage of it and maximize your returns.
FAQs About Free Bets
Check out some frequently asked questions below to learn more about free bets.
Can you withdraw free bet winnings?
Yes, you can withdraw your free bet winnings once you have fulfilled any play-through (also known as turnover) requirements specified on your sportsbook’s T’s & C’s.
How to use a free bet?
You can use your free bet for betting online through on mobile, desktop and tablet, as opposed to placing a bet in person. The T’s & C’s attached to your free bet will determine which type of bet you may place using your free bet.
How to keep getting free bets?
Free bets aren’t in short supply as betting sites are constantly competing with one another for your loyalty. Follow bookmakers’ on their websites and social media channels, or stay tuned to our betting news to keep getting free bets.