Best Free Bets & Betting Bonuses

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The majority of bookmakers offer free bets and betting bonuses these days.

Free bets usually come in many forms like betting offers, welcome bonuses, welcome promotions, etc.

The best bookmakers in New Zealand typically give players free bets and bonus bets to get them to sign up, and it works. Many new players join betting sites due to the extensive offering of available promotions, such as free spins, deposit free bets, among other offers.

However, it can be difficult to choose the right free bet offers or bonus bets since there are a wealth of options available, making it difficult to find a viable platform amongst all the noise.

Thankfully, CasinoCrawlers has put together a list of the best casinos for free bets and betting bonuses in NZ, along with everything you need to know about these exclusive offers.

Best Free Bets and Betting Bonuses in January 2023

What Exactly is a Free Bet?

A free bet is a deal that you receive from top betting platforms, with virtually all betting platforms offering their own version of free bets, free bet winnings, free bet stake, or their own format of a free bet offer.

With a free bet, you can make a bet without having to use your own cash. If you bet and win, you will still get your winnings and can usually withdraw them as soon as you fulfill the bonus requirements.

Many online betting sites have free bet offers for their players, similar to how an online casino would provide a welcome bonus to new users. 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 massive payouts.

Free bets are ideal for players who are trying out a new betting site or betting for the first time and don’t want to spend money, preferring to get a feel for the flow of the website and the process first.

Using free bets, players can try out the website service and even win real cash without depositing their own money.

What is a Betting Bonus?

Betting offers like bonuses are also available at sports betting platforms, but you will need to deposit to your betting account 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.

These free bet promotions are great since the larger the amount you wager, the greater the winning potential is.

Many leading online casinos and sportsbooks offer various betting bonuses that players can pick from. However, even though betting site bonuses can be great for players, especially newbies, you must exercise caution before choosing one.

This is because they tend to come with wagering requirements, making it difficult for you to withdraw your winnings.

Therefore, it is best to stick to the platforms we recommend at CasinoCrawlers; all the betting sites we offer are fully licensed and offer bonuses with reasonable wagering requirements.

Types of Sports Betting Offers

Sports betting platforms offer various betting bonuses and free bet offers, but different types have different terms and conditions attached. So, before you settle for any option, you will need to understand the differences between free bet promotions, the best free bet offers, and most importantly, how free bets work.

Fortunately, at CasinoCrawlers, we’re experts in analysing a top quality free bet offer, sign-up bonuses, bet credits, and all manners of free bet promotions for existing customers and punters making their sign-up deposit.

To break it down further, we’ve listed the main types that you can find online below:

Risk-Free Bets

Risk-free bets are simple and the safest betting promotion out there, especially if you’re somebody who is placing their first bet. With a risk-free bet, the sportsbook will refund any first eligible wager you lose up to a specific amount.

You will either receive your money back or get site credit to use in other bets.

A promotion including a risk-free bet option provides an excellent way for players to make up for losses when playing at an online casino. However, these bonuses are typically only offered to existing players.

When signing up or playing, take a look at your online betting sites’ terms and conditions to see if they provide a risk-free bet.

Matched Deposit Bonus (sports betting deposit bonus)

The matched deposit bonus is one of the most popular bonuses available at online casinos and online sports betting. The casino will match your money up to a specific amount whenever you make a deposit or a bet.

This can help double any deposit you make, allowing you to make larger bets and win more. Most sportsbooks offer a 100% match bonus, while others may offer a slightly lower match bonus.

Like most bonuses in online casinos, this bonus will most likely come with wagering requirements, requiring you to place a bet with real cash.

No Deposit Betting Bonus (free bets without deposit)

Betting platforms generally have no deposit betting offers, usually when you register on the platform. This type of bonus usually comes in the form of additional cash or free bets online.

These bonuses are great for players who don’t want to make risky bets with their cash and want to instead make large bets without investing a lot of money.

This bonus is available at most sportsbooks and casinos looking to draw in new players.

Making free bets of this manner can help you become accustomed to the rhythm of a platform before making a commitment. As far as a free bet offer goes, this one is really handy.

Profit Boost

This is another betting offer you are more likely to receive after creating an online casino account. The casino increases your earnings by a certain percentage, giving you more money to gamble with.

However, most bookmakers don’t offer this bonus for all sports bets, only specific ones; for example, you may only be able to place bets in listed markets or with certain sports.

With this bonus, you can make larger bets and drastically increase your payouts.

Betting Sign-Up Bonus

The betting sign-up bonus is a reward you receive for signing up at a sports betting site.

As soon as you complete your registration, you can claim a bonus reward that allows you to make a bet on a specific sport. This bonus is great for improving your overall betting experience since it gives you more money to make bets.

Cashback Bonus

Cashback bonuses are also commonly found at online casinos and online sportsbooks. Here, you get back a percentage of the cash you lose while playing at a casino or making sports bets. This is a great way to recoup your losses, especially when experiencing a losing streak.

This bonus is also known as a refund bonus, but the concept remains the same. However, like many popular bonuses today, the cashback bonus may come with wagering requirements, so make sure you understand these before claiming the offer.

Remember that the casino refunds only a stated percentage of what you lose.

Loyalty Free Bets

Casinos hand out loyalty-free bets to bettors who have continuously made bets at their sites. The reward is a way for the casino or betting platform to show appreciation for your patronage and time.

So, when the platform offers you a loyalty-free bet, you can place free bet stakes and potentially win more! Awesome, right?

How many free bets these contain varies from casino to casino, so check the free bet terms when you sign up.

Free Bets for Existing Customers

Most of the bonuses you find on betting platforms are usually only available for new players.

However, this doesn’t mean existing players are left out of the best free bet offers! Sometimes online casinos offer long-term users bonuses in the form of free bets or matched free bets.

The casinos offer these bets to encourage players to keep playing on the platform and not look elsewhere when free bets expire or they find a more enticing free bet sign-up incentive.

The great part of a free bet is that if you bet for free and win, you keep your winnings. But if you lose, you lose without having to part with any cash.

Some offers can include incentives like free sports bets, 30 in free bets, or matched free bets of other gambling sites.

New Betting Sites with Free Bets January 2023

How to Find and Activate Your Betting Bonus

There are tons of betting bonuses, but it may be difficult to claim one if you don’t know what you're looking for. CasinoCrawlers understands this problem, which 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
Search our list of casinos with the best betting bonuses Browse our list of casinos with the best sports betting bonus offers and choose an option. They are all licensed and safe to use. 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 favourite game, and withdraw your earnings if you are lucky enough to win. However, make sure you fulfil wagering requirements before making a payout. Step 3

Pros & Cons: Free Bets and Betting Bonuses

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. However, betting bonuses do have their downsides. So, to ensure these free bets and bonuses are the right choice for you, it is essential to look at the pros and cons, which we've done so below!


  • You can get cashback on lost bets
  • You can make bets without any risk
  • You can win real money without investing
  • Free bets and bonuses can increase your winnings


  • 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 with time limits

Always Read the Bonus T&Cs

Many casino or betting site players, especially newbies, make the mistake of accepting a free bet offer without doing their due diligence and reading the T&Cs. This is a huge mistake because a bonus offer may seem enticing initially but come with various conditions that make it less than appealing.

To ensure your gambling experience remains seamless, you must read the terms and conditions of any casino bonus you claim.

Every casino betting bonus has unique terms and conditions, so you need to ensure you read these so that you don’t make any mistakes and forfeit your winnings.

To help you understand betting promotions better, below are some of the most important terms to consider when checking out the T&Cs.

Cap on Winnings

This is an important term to look out for when choosing a bonus since many bonuses come attached with a winning cap, meaning you can’t win more than a specific amount on a maximum free bet.

Ideally, you want to claim a free bet offer that has higher winning caps since it means more money for you.

Minimum Odds

At a sports betting platform, you can find the minimum odds in the terms and conditions. Minimum odds are usually attached to free bets and signify that you must bet on specific odds to qualify for the bonus.

Not doing so makes the bonus void.

Specific Events

There are some bonuses you won’t be able to use in every market or sport. These bonuses are typically tied to unique events or sports. For instance, you may find a free bet offer that you dictactes that you can only place a bet on English Premier League matches.

Ensure you read the T&Cs, so you don’t go against the free bet terms.

Expiry Dates

Free bets don’t last forever and usually come with a time limit. You need to use them within the specified time limit, or otherwise, after a period of time, you will see your free bets expire. The limits can range from 24 hours to one week, or sometimes even a month.

Make sure you only choose free bets that align with your schedule.

The Takeaway: Get a Free Bet or Betting Bonus Now

By now, you’ve probably realised that free bets and free bet offers are easy to use and can improve your overall gambling experience.

Moreover, they offer you the chance to earn a higher payout than you typically would since you can risk more money.

However, if you are serious about getting all the benefits that come with free bets and free bet offers in New Zealand, you need to play on the best platforms like those we recommend on this page.

The best betting websites offer numerous promotions and bonuses that make betting fun. Simply browse our list above and select a site that meets your needs.

If you don’t want to commit to a specific platform, you can keep an eye out for risk-free bets which allow you to play for free without any commitment.

If you win, you can withdraw your earnings; if you don’t win, you lose nothing.

Every betting site offers unique bonuses, and it is crucial to evaluate each platform to determine the most profitable option. We have done the hard work for you; now, all that is left for you to do is navigate the options on our list and choose a betting site that suits your requirements!

FAQs: Sports Betting Bonuses & Free Bets

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

Yes, you keep any winnings you earn from a free bet. However, they tend to come with wagering requirements you must fulfil to make this possible. If you fail to meet these requirements, you may be unable to keep your money. Read through the terms and conditions beforehand.

Are free bets only for new customers?

No, they are not. Although most free bet offers target new customers, old customers can also claim free bets. These typically come in the form of loyalty-free bets as a reward for constant use of the website and to encourage players to keep making bets.

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 so you can wager on your favourite 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 our top casinos to find the best casinos offering horse racing free bets. Go through each casino on the list 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 whether they are new players or existing players. Some free bets come as welcome bonuses, while others could be 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 read 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 » Best Free Bets & Betting Bonuses
Last updated: January 16, 2023