betting apps that give you free money

Betting Apps That Give You Free Money

Betting apps often provide incentives like bonus bets, deposit matches, and risk-free bets to attract new users and keep existing ones engaged.​ These offers can give you a head start and a chance to explore different betting options.​

What are Betting Apps with Free Money Offers?

Betting apps with free money offers are platforms that provide incentives to users, typically in the form of bonus bets, deposit matches, or risk-free bets.​ These offers aim to entice new customers to sign up and give existing users more value. Essentially, these apps give you opportunities to wager on sports events with bonus funds, increasing your potential winnings while minimizing your initial risk.​

Types of Free Money Offers

Sportsbooks typically entice bettors with several types of free money offers.​ These include free bets, where you receive a bonus to place a wager; risk-free bets, which refund your stake as a bonus bet if your initial bet loses; no deposit bonuses, offering bonus funds simply for signing up; and deposit match bonuses, which match a percentage of your initial deposit with bonus funds.​ Each offer comes with its own terms and conditions.​

Free Bets

Free bets are a popular type of bonus offered by betting apps. With a free bet, the sportsbook grants you a set amount of bonus funds to place a wager betting apps that give you free money .​ For instance, a site might offer a $10 free bet.​ If you win the bet٫ you receive the winnings٫ but not the initial $10 stake.​ If you lose٫ you haven’t lost any of your own money.​

Risk-Free Bets

Risk-free bets provide a safety net for your first wager. You place your bet using your own funds, and if you win, you collect your winnings as usual.​ However, if your bet loses, the sportsbook refunds your stake up to a certain amount, typically in the form of bonus bets or site credit.​ This allows you to have a second chance to win without risking your own money again.​

No Deposit Bonuses

No deposit bonuses are exactly what they sound like – free bonus funds with no deposit required.​ You simply need to register with the betting app and meet their eligibility requirements.​ These offers are typically smaller than other bonuses, but they allow you to try out the platform and potentially win real money without risking your own.

Deposit Match Bonuses

Deposit match bonuses are a popular way for betting apps to incentivize new users.​ When you make your first deposit, the sportsbook will match a percentage of it with bonus funds. For example, a 100% match bonus up to $200 means that if you deposit $200, you’ll receive an additional $200 in bonus funds, giving you a total of $400 to wager with.​

Best Betting Apps for Free Money

Several betting apps are known for their generous free money offers.​ DraftKings and FanDuel regularly offer enticing promotions, including bonus bets and risk-free bets for new users. Caesars Sportsbook is known for its substantial potential bonus amounts. BetMGM and Bet365 are also worth exploring for their competitive promotions and bonus opportunities.​

BetMGM

BetMGM consistently ranks among the top sportsbooks, thanks in part to its generous promotions.​ New users can often take advantage of a first bet offer, providing insurance on their initial wager. BetMGM also provides recurring promotions, such as odds boosts, parlay insurance, and free bet opportunities, allowing users to maximize their betting potential and potentially earn more bonus funds.​

FanDuel

FanDuel is renowned for its user-friendly platform and attractive promotions.​ New users can often find enticing welcome bonuses, such as bonus bets or risk-free bets up to a significant amount.​ FanDuel also provides ongoing promotions for existing users, including odds boosts, parlay insurance, and special offers tied to major sporting events.​

Caesars Sportsbook

Caesars Sportsbook has made a splash in the online betting world with its generous promotions. New users can often claim first bet insurance up to a high amount, providing a safety net for their initial wager. Caesars also offers recurring promotions, such as profit boosts, enhanced odds, and free bet opportunities, giving users more chances to win and enhance their betting experience.

DraftKings

DraftKings is a prominent name in sports betting, known for its extensive betting options and attractive promotions. New users are often greeted with bonus bet offers or deposit matches, allowing them to explore the platform with additional funds. DraftKings also provides ongoing promotions like profit boosts, odds boosts, and free-to-enter pools with cash prizes.​

Bet365

Bet365 is a global sportsbook with a strong presence in several US states.​ They’re known for their competitive odds and diverse betting markets.​ Bet365 often offers enticing promotions for new users, such as bonus bets or deposit matches, giving them a head start.​ Existing users can also benefit from various ongoing promotions, including early payout offers, enhanced odds, and parlay bonuses.​

BetRivers

BetRivers has quickly gained popularity in the US for its user-friendly platform and rewarding promotions.​ New users can often find welcome offers like deposit matches or first bet insurance.​ BetRivers also stands out with its iRush Rewards program, where users earn points for their betting activity, unlocking various perks, including bonus bets and other exclusive rewards.

How to Claim Free Money on Betting Apps

Claiming free money offers on betting apps is usually straightforward.​ Start by creating an account with the chosen sportsbook, ensuring you meet any location and age requirements.​ Look for a section dedicated to promotions or bonuses.​ Select the offer you want and follow the instructions, which may include entering a promo code or making a qualifying deposit.​ The bonus funds are typically credited to your account automatically.​

Terms and Conditions to Watch Out For

While free money offers sound appealing, it’s essential to understand the terms and conditions.​ Pay close attention to wagering requirements, which stipulate how much you need to wager before withdrawing bonus funds. Consider minimum odds requirements for eligible bets, expiration dates for bonuses, and any restrictions on eligible markets or bet types.​

Wagering Requirements

Wagering requirements, also known as rollover requirements, stipulate how much you need to wager in total before you can withdraw any winnings earned from bonus funds.​ For example, a 5x wagering requirement on a $100 bonus means you need to wager a total of $500 ($100 x 5) before you can withdraw any winnings associated with that bonus.​

Minimum Odds

Many free bet offers will require you to place bets at minimum odds for them to contribute towards the wagering requirements.​ For instance, a sportsbook may specify minimum odds of -200 (1.​50 in decimal odds) for your bets to qualify.​ This means you can’t place excessively safe bets to clear the bonus quickly.​

Time Limits

Most free money offers come with an expiration date. This means you’ll have a limited time to use your bonus funds or free bets before they expire. Additionally, there might be time limits within which you must fulfill the wagering requirements.​ Pay close attention to these timeframes to avoid missing out on the offer.​

Eligible Markets

Betting apps often restrict free money offers to specific markets or bet types.​ For example, a promotion might be valid for bets placed on NFL games but not on NBA or MLB games.​ Similarly, certain bonuses might only apply to single bets and not parlays or futures bets. Always check the terms to see where your free bets are valid.​

Tips for Maximizing Free Money Offers

To make the most of free money offers, carefully compare promotions from different betting apps. Read the terms thoroughly, paying close attention to wagering requirements and expiration dates. Consider spreading your bets across different markets and bet types to meet requirements efficiently. Don’t chase losses, and remember to gamble responsibly.​

Responsible Gambling

While free money offers can enhance your betting experience, it’s crucial to gamble responsibly.​ Set a budget for your betting activities and stick to it.​ Avoid chasing losses, and never wager more than you can afford to lose.​ Remember that betting should be viewed as entertainment, and seek help immediately if you feel your gambling habits are becoming problematic.