The fun doesn't stop after you receive your welcome bonus - actually, the great promos and goodies just keep on coming!
Most online betting sites distribute regular promotions that players can take advantage of. The most popular online betting promotions include:
- Free Bets
- Boosted Odds
- Cashback
- Price Boosts
- and more
The most popular betting promotion is definitely the free bet, which we will now take a closer look at:
Free Bets
Many Indian betting sites also offer a type of bonus called free bets. This means you get the chance to place a wager without putting any money down. It's a great way to make a profit without taking any risk. Many betting sites in India offer free bets as a welcome bonus.
For example, a betting site may give you up to ₹2,500 in free bets when you create a new account. This will allow you to place bets up to ₹2,500 without taking any risk. If you win, you get to keep the money. If you lose, then at least you didn't lose any of your own money.
Many betting sites offer free bets on a regular basis. For example, over at Betway, they give away free bets on a weekly basis if you take part in the Free Bet Club-promotion. Free bets every week. What's not to like about that?
How Free Bets Work
So how do free bets actually work? Well, let's say the betting site gives you a free bet of ₹1,000. You choose to use your free bet by placing a wager on Chennai Super Kings to win outright over Sunrisers Hyderabad in the IPL at odds 1.50.
As you place your bet, the bet slip will appear on your screen and you will have the option to use your own money or use your free bet. You choose your free bet. Now you place the bet and no cash is deducted from your betting account.
Now let's say MS Dhoni was having a really terrific day with some amazing finishes and your team, Chennai Super Kings won this match outright. The winnings are ₹1,500, but because you wagered ₹1,000 at odds 1.50, you only get to keep the ₹500 because the ₹1,000 technically didn't come from you. Makes sense right?
That's how a free bet works. If you want to get your hands on a free bet, we recommend you check out our Free Bets page, where we keep you updated about all the free bets that are available in India.