Free Bets & Betting Bonus in NZ

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Free bets and betting bonuses are offered by the majority of bookmarkers today. It usually comes in various names like betting offers, welcome bonuses, welcome promotions, etc. The best bookmarkers in New Zealand usually offer players free bets and betting bonuses as a way to get them to sign up. This is usually very efficient since many players enjoy free stuff.

However, it can be difficult to choose the right free bet or betting bonus since they come in different amounts. Thankfully, Casinocrawlers has put together a list of the best casinos for free bets NZ, along with everything you need to know about free bets and betting bonuses.

Best Free Bets and Betting Bonuses in October 2021

What is a Free Bet?

A free bet is a deal that you get from the top betting platforms. With a free bet, you have the chance to bet without having to use your own cash. If you bet and win, you will still get your winnings and withdraw them as soon as you fulfill the bonus requirements. Bookmarkers offer sports free bets to players, similar to a welcome bonus that you get in online casinos. The aim is to get new players to register on the platform and start betting. This usually works since there is no danger of players losing anything – instead, they can win and get huge payouts.

Free bets are ideal for players trying a bookmarker or betting for the first time and don’t want to spend money. Using free bets, players can try out the websites, offerings and even win real cash without depositing money.

What is a betting bonus?

Betting bonuses are offered at sports betting platforms, but you will need to make a deposit to access the bonus, unlike online betting free bets. This bonus can help increase your bankroll and allow you to make larger bets than you normally would have. And as you know, the larger the money you have to wager, the larger the potential for getting huge returns.

Many of the leading online casinos and sportsbooks offer various betting bonuses that players can pick from. However, even though betting sites’ bonuses can be great for players, especially newbies, you need to exercise caution before picking anyone. This is because they tend to come with wagering requirements which can make it difficult to win. Other times, some online casinos may promote betting bonuses they can’t keep up with.

Therefore, it is best to stick to only the platforms recommended by Casinocrawlers as they are fully licensed and offer bonuses with reasonable wagering requirements.

Types of Sports Betting bonus offers:

Sports betting platforms offer various betting bonuses and bookmarkers free bets, which all serve different purposes. So, before you settle for any option, you will need to understand each of these bets and what they offer. However, the general concept and benefits are still the same –they all allow you to place larger bets and earn more payouts. These bonus offers are also your best bet to earn more cash and try out new online casinos or bookmarkers. Knowing this, our experts at Casinocrawlers have put together some of the best betting bonuses and what they mean. Read on to find out more.

Risk-free bets work in a simple manner. Here, the sportsbook will refund any first eligible wager you lose up to a specific amount. You are refunded with online bookmakers free bets or site credit to play other games in most cases. This is an excellent way for players to make up for losses when playing in an online casino. However, they are typically offered to already existing players and are usually different depending on the casino.
Therefore, make certain you go through the terms and conditions in each casino to determine how it works before you accept it.

The matched deposit bonus is one of the most popular bonuses you will find in online casinos. Here, once you sign up, the casino matches your deposit up to a specific amount. This can help double any deposit you make, allowing you to make larger bets than you typically would have and win more. Most sportsbooks offer a 100% match bonus, while others may offer these bonuses in your second and third deposits. Like most bonuses in online casinos, this bonus will most likely come with a wagering requirement.

Betting platforms offer no deposit betting bonuses as soon as you finish registering on the platform. This usually comes in the form of bonus cash or free bets online, which you can use to try out games for free. These bonuses are great for players who don’t want to invest in a website at that moment with their cash. With these bonuses, they can play their favorite sports without any risks. You will typically find this bonus in most sportsbooks and casinos looking to draw in new players.

This is another betting bonus you are more likely to come across after creating an account in an online casino. The casino increases your earnings by a stated percentage. However, most bookmakers don’t offer this bonus to all sports, only specific ones. This means that for this bonus to apply to you, it is important that your bets are placed in the listed market or sports. With these bonuses, you can drastically improve your payouts, make larger bets, and even rake in larger payouts. But this bonus is typically offered to players who have already registered on the platform and are known for betting with real money.

The betting sign-up bonus is one you get as a reward for signing up on a sportsbook. As soon as you complete your registration, you are offered a reward to play a specific sport or your favorite sport. These bonuses are great for improving your overall betting experience since it provides you with more money to bet. You will most likely come across this bonus in many online casinos as a way to draw in new players to their platform.

Cashback bonuses are also common bonuses you will likely come across playing in a casino. Here, you get a percentage of the cash you lose while playing in a casino. This is a great way to recoup money from your losses, especially when you are experiencing a losing streak. Sometimes, it may be referred to as a refund bonus, but the concept remains the same. However, like many popular bonuses today, these may come with wagering requirements. So, make sure you understand them before you choose. Remember that the casino refunds only a stated percentage of what you lose.

Loyalty-free bets are provided to players of a betting site as a reward for playing with them consistently. Imagine it as a reward for getting after using a subscription service for a period? The reward is just the platform appreciating your patronage and time. So, when the platform offers you a loyalty-free bet, you will have free bets to use on an existing game. This can help you win more, too, since you can bet on any game of your choice without the need to pay. Awesome right?

These are also categorized as cashback offers, and you will come across them on many online betting platforms. As the name implies, you get back some of the cash you lose in an online casino after placing a bet. See it as a form of insurance where you are refunded anytime there is a loss. Money back offers may sometimes have a time frame, while some may be attached to specific events before you are eligible. Others can remain on the betting platform for a long time – so you need to check out the platform you are playing in to understand how it offers this bonus.

Most of the bonuses you find on betting platforms are usually offered to new players. But this does not mean existing players are left out either. Sometimes online casinos offer existing players bonuses in the form of betting free bets. The casinos offer these bets to encourage players to keep playing on the platform and not look elsewhere. The great part of a free bet is that you bet for free, and when you win, you keep your winnings. But if you lose, you lose without having to part with any cash.

New betting sites with free bets October 2021

Guide: How to find & activate your betting bonus

There are tons of betting bonuses out there, but it may be difficult to find the right one and activate it if you don’t know what to do. Casinocrawlers understands this problem, and that is why we have put together a step-by-step guide that teaches you exactly how to do this with ease.
Estimated time needed: 00:05 Tools needed: Casinocrawlers list of best betting bonuses Supply needed: ime
Navigate the Casinocrawlers list of casinos with best betting bonuses Find the list of casinos with the best sports betting bonus offers and choose an option. They are all licensed, so you have no worries. Step 1
Register and Claim your bonus Once you have found the ideal option, register and claim your bonus. You will need to provide your name and email to do this. Step 2
Play and Win! Wager on your favorite game, and if you are lucky enough to win, you can withdraw your earnings. However, you must have fulfilled any wagering requirement attached. Step 3

Pros & Cons: Why pick a free bet or betting bonus?

Betting bonuses and free bets come with huge benefits to players. They let you play games for free and win real money that you can keep. It makes sense to just accept anyone you come across since the benefits are enormous. However, it does have its downsides, and to ensure they are the right choice for you, it is important to compare both. Here, we will cover the pros and cons of these bonuses to help you make a calculated decision.
Pros

Pros

  • You get refunds for loses
  • You can play in a casino without any risk
  • You get to win real money without investing
  • It helps enhance your profit
Cons

Cons

  • Some bonuses will require you to deposit cash first
  • There are usually wagering requirements attached
  • The bonuses may not work on every sport
  • Some of the bonuses may come attached with a time limit

Always read the T&C’s on a bonus

Many players, especially newbies, make the mistake of accepting a bonus without doing their due diligence. This is a huge mistake because a bonus offer may seem enticing at a glance but come with various conditions that make it hectic and frustrating to use the bonus.

To ensure your gaming experience remains seamless, it is best to go through the terms and conditions of a casino bonus. Every casino has its unique terms and conditions, so you want to make sure you read it in each casino you want to use their bonus offer. You can’t read the terms and conditions of a specific casino and believe it will be the same in all casinos. Here, we will be looking into some important terms that are usually provided in the terms and conditions which you need to understand.

Cap on winnings

This is a very crucial term to look out for when choosing a bonus. Sometimes, bonuses come attached with a winning cap which means you can’t win higher than a specific amount. Ideally, you want to go after bonuses that are attached with a higher winning cap since it means more money for you.

Minimum Odds

In a sports betting platform, you can find the minimum odds in the Terms and conditions. They are usually attached to free bets, and it means you need to bet on specific odds to qualify for the bonus. Not doing this makes the bonus void, and you won’t get any wins.

Specific events

There are some bonuses that you won’t be able to bet with on every market or sport. These bonuses are typically tied to unique events or sports. For instance, you may find a free bet bonus that you can use on only Premier League matches. Make sure you read the T & Cs to make sure you don’t go against the terms.

Expiration of the free bet

Free bets don’t last forever and usually come with a time limit. You will need to use them within the specified time limit, or you will forfeit the bonus. The limits can range from 24hours, one week, and sometimes even a month. Make certain you choose only free bets that align with your schedule.

The takeaway

As you must have realized by now, free bets and betting bonuses are easy to use and can help improve your overall experience. What’s more, they offer you the chance to earn a higher payout than you typically would have. However, if you are serious about getting all the benefits that come with free bets and betting bonuses in New Zealand, you need to play on the best platforms like those we recommend.

The best betting websites offer numerous promotions and bonuses that make betting fun. Simply go through the promotions page, and sign up for newsletters if possible so you can keep tabs on the available bonuses. If you are not sure you will like playing on a specific platform, you can keep an eye on risk-free bets as these allow you to play for free without any commitment. If you win, you can withdraw your earnings, and if you lose, you lose nothing.

Every betting site offers unique bonuses, and it is important to evaluate each to determine the most profitable option. We have done most of the hard work for you, and all that is left is for you to navigate the options on our list and choose one that suits your requirements.

FAQ: Sports Betting Bonuses & Free Bets

Do I keep the money I win from a free bet?

Yes, you keep any winnings you get from a free bet. However, they tend to come with wagering requirements you must fulfill to make this possible. If you fail to meet them, you may be unable to keep your money. Go through the terms and conditions to be sure.

Are free bets only for new customers?

No, they are not. Although most free bet offers target new customers, old customers also have access to free bets. These typically come as loyalty-free bets as a reward for constant patronage on the website and encourage them to keep playing.

Can I get free football bets?

Absolutely! Football is a very popular sport that many players like to bet on. Betting platforms understand this and will provide you with free football bets to wager on your favorite teams. You can find top casinos offering free football bets on our list.

Where do I find horse racing free bets?

Many sports betting platforms offer horse racing free bets. You can go through the list of top casinos we have provided to find the best casinos offering horse racing free bets. Simply go through each and choose one that best suits you.

Who can get free bets and betting bonuses?

Anybody who is old enough to register and play in an online casino is eligible for free bets and betting bonuses. This is the case regardless of if they are new players or existing players. Some free bets come as welcome bonuses, while others come as loyalty bonuses.

Can I exchange free bets for real money?

No, you can’t. If you get a free bet, you need to use it to bet on a specific game. But if you win, you can withdraw your earnings – after you have fulfilled the attached wagering requirements. Make sure you go through the terms and conditions to be sure.

Author Lily Hunter

Lily began an exciting journey in the iGaming industry more than 10 years ago as a content writer for various online affiliate sites, especially those located in New Zealand. With her passion for gaming and an interest in the l... Read more about the author

Casinocrawlers » Online-betting-sites » free-bets
Last updated: October 6, 2021