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3 Things to Understand About Complimentary Bets

Arun - March 11, 2024

A complimentary bet is an offer that online sports betting franchises use to get potential new punters to sign up and use their service – or to keep regulars onside and using their services. Here are three things to know about them!

Complimentary bets give a punter the chance to place a bet without losing any of their cash. It’s basically a little taste of the betting experience but without any monetary commitment.

More often than not you can get a profit if you’re savvy enough. Let’s take a closer look at some of the things to be aware of with complementary bets.

How does a free bet work – and how do you get one?

A complimentary bet is something given by sports betting companies to reward or incentivize their customers. There are a couple of ways that this is done.

Starting off, the sign-up bet is your first perk. Simply sign up with a company you like, and you’ll get a free bet. If you’re interested in learning about different sports betting options, especially those from top-rated platforms like Betano, head over to FootballWhispers for the betano bonus code details. It’s a quick way to add more value to your initial experience and get a head start in the betting world.

There are different types of complementary bets

So, you’ve signed up – what next? Well, there are a few different types of complimentary bet promotions that you’ll need to know about.

The first of these is the deposit match. Online betting portals will match a new customer’s deposit with a complimentary bet. This might be given as a voucher, or as credit.

Second is the risk-free complimentary bet. This type of complimentary bet is often given if your qualifying bet loses.

Thirdly are no deposit complimentary bets. These are quite rare and don’t happen very often but this means that if you manage to acquire one you can take some time to explore what you want to bet on without any risk.

There can sometimes be restrictions on complementary bets

It’s fair to say a complimentary bet can seem quite exciting – but before you get carried away it’s important to know that there are terms and conditions with them and there are also some restrictions.

They do expire. So check the date on the bet, especially if you’re planning to use on it a specific Premier League matchweek. If you don’t place it in the allotted time, you’ll lose it!

There are also time limitations. So as above, you might have to use the bet on a specific time on a specific day to have any chance of winning. 

There are minimum/maximum amounts you can wager on complimentary bets. So you might have to place one which is either above or below a certain amount of money. 

The ultimate benefits of complimentary bets

There are lots of benefits to complimentary bets and these are as follows…

You’ll get more opportunities to win as you gain confidence, which enhances your overall betting play.

You’ll build up confidence as they can provide an opportunity to learn about odds and experience placing a bet without worrying about the risks you might otherwise incur.

You’ll increase your earnings as they encourage more engagement – more chances to play equals more chances of winning.

You can earn some cash risk-free. They can be used to create risk-free money, especially if you’re working on a matched betting strategy.

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