There are millions of people every single year that wager on sports. Some people like myself wager on sports daily while other people simply gamble on big annual events like the Superbowl, World Series, Stanley Cup or the European Championship. There are hundreds of huge sporting events every year that attract thousands of sports bettors.
During the lead up to big sporting events online sportsbooks often offer promotions and bettors can earn free bet while participating in the promos. A free bet is earned when you place a qualifying bet at a sportsbook. Let’s say that “Sportsbook A” has a $10 bonus that you can claim by placing a bet of $10+ at odds of +100 or higher.
In order to claim this offer from the bookie the bettor needs to make a bet of $10+ or more on an event where the odds are +100 or higher. Once your qualifying bet has been settled by the sportsbook you’ll receive your $10 free bet. With most bonuses it doesn’t matter if your qualifying bet wins or loses, but you should check the terms first.
Some of the offers are only eligible to bettors that place a wager on a certain event and lose. For instance, there are always soccer promotions available where you can bet on the goalscorer markets and receive a refund if a certain player scores. These type of offers are generally +EV and worth looking at from a handicapping perspective.
Due to the nature of free bets they’re typically very small. You may only be able to earn in the range of $10 – $50, but the key is that there are dozens of offers from different sportsbooks in the industry that you can claim. Players outside of the USA have the most opportunities, but there are also options open to the betting public in the US.
It will take some time to claim the every bonus, but after a month or two you’ll have been able to claim $1000’s in free bet offers from the best sports betting sites. In order to build a starting bankroll to handicap sports with you need to withdraw your free bet winnings from every sportsbook and accumulate the funds.
After you’ve exhausted the free bets from sports betting sites you should have all of your winnings, which you can use as your starting bankroll. The good thing about this routine is that you get to try betting with all of the top sites in the industry, which means you’ll gain valuable experience.
By the time you’re finished earning the free bets you’ll understand what bookies are the best in terms of betting odds, wager types, sports selection, payouts, promos and much more.