Best Betting Sites with Free Bets in New Zealand
Free bets are some of the most popular types of welcome bonuses bookmakers often offer to newly registered punters. There are several sports betting websites in New Zealand that offer this type of promotion. Keep reading our article to discover the best betting sites with free bets in the country.
| Free Bets Betting Site | Free Bets | Conditions | Rating | Bonus Link | T&C’s |
|---|---|---|---|---|---|
| 🥇 888sport | Bet $10 and get $30 In Free Bets | Yes, 7 days | VISIT SITE | Full T&Cs Apply! New customer offer. Please gamble responsibly. 18+ | |
| 🥈 Betway | Up to $60 In Free Bet | Yes, 7 days | VISIT SITE | Full T&Cs Apply! New customer offer. Please gamble responsibly. 18+ | |
| 🥉 Betiton | Bet €15 and get €10 In Free Bet | Yes, 14 days | VISIT SITE | Full T&Cs Apply! New customer offer. Please gamble responsibly. 18+ | |
| ⭐ FansBet | Up to €40 In Free Bets | No, 30 days | VISIT SITE | Full T&Cs Apply! New customer offer. Please gamble responsibly. 18+ |
To find out which Kiwi websites offer the best free sports bet promotions, have a look at the list below. Each of the listed bookies has its unique strengths, and that’s why we listed them here. Keep on reading to learn more about free bets, how they work, and who offers the best ones.
What are Free Bets and How do they Work?
| Free Bet Type | Free Bet Bookmaker |
|---|---|
| 🥇 Sports Welcome Offer | 888sport.com |
| 🥈 New Customer Offer | betway.com |
| 🥉 Sport Betting Welcome Offer | betiton.com |
| ⭐ Sports Welcome Offer | fansbet.com |
| ⭐ Free Sports Bet | 888sport.com |
The name “free bets” can be a bit misleading since to access this type of bonus, you typically must spend money first. A more appropriate name would be something like “betting credit”, which better describes what a free bet truly is – an opportunity to place a bet without the risk of losing money.
Once you have met your bookies free bet requirements, you will typically see your free bet balance in the member account section as non-withdrawable bonus funds. When making a wager, you will see the option to use your free bet on the bet slip.
How to Claim a Bookies Free Bet Offer?
If you are registering with a new online sportsbook that offers a free bet sign up bonus, claiming your free bets will be really easy. All you need to do is register, verify your identity, and then follow the instructions your bookmaker will give you to meet their bonus requirements.
- Choose one of the best NZ sportsbooks listed on this page.
- Sign up for their service and verify your identity.
- Meet their requirements to have the bonus added to your account.
- When placing a bet, select the free bet option on the slip.
- Enjoy your free bet and whatever you win from it.
To use your sportsbook free bet, just make sure you have selected the free bet option on your bet slip when placing a wager instead of using your own funds. The selection method differs by the bookie, so it is important you are familiar with the particular bookmaker to make the most of your bonus.
Types of Free Sports Bet Bonuses
“Free bet” is an umbrella term for all different types of bonus bets that don’t require punters to bet their own money and risk losing it. The ways a sportsbook operator can ensure this can vary, so there are multiple different types of free bets as well, so be sure to check all betting bonuses in New Zealand.
While some websites will offer their customers a certain amount of betting credit, other operators, for example, give out free bets in the form of a cashback. See the betting types explained below and find out which one of the best betting sites with free bets is the right one for you.
Risk Free Bets
Risk free bets are what most people imagine a free sports bet to be, and they are by far the most offered ones. They are a popular type of welcome bonus offered by bookmakers to newly registered users and allow punters to bet without the risk of losing their own money.
These new customer free bets can be typically claimed after creating and verifying a new account and making the first deposit into the account. Different sportsbooks will require you to deposit a certain amount of funds to obtain non-withdrawable free betting credits. The conditions and rewards will vary by the bookmaker.
No Deposit Offers
This offer tends to be one of the most advantageous for punters, and for that reason, it is rather rare to see. As the name suggests, no deposit offers do not require you to deposit any money. The bookmaker will offer you free bets just for registering a new account with them as a welcome gift.
No deposit offers are quite risky for bookies – they face the possibility that customers may stop using their services altogether once they run out of their free betting credit. That is why this type of sportsbook free bet offer usually comes with a lot of terms, conditions, and limitations attached to it.
Matched Bet Bonuses
Not to be confused with deposit matching, a matched bet is when the bookie matches the price of the stake you rise with a free sports bet. For example, if you wager $10, you will get another $10 on that bet from the operator to essentially double your winnings.
When it comes to this type of offer, the more you stake, the more of the bookies free bet money you will obviously get. Matched bet is a high risk, high reward bonus that is best utilised when you don’t mind venturing a little bit to potentially turn a great profit.
Money-Back Free Bets
Another great offer that helps you minimise risks and cover your losses, a money back free bet, is a refund given to bettors in case their bet doesn’t win. Many free betting sites in New Zealand will guarantee money back on your first bet or on multis if one leg loses.
This type of bonus is often offered to new punters on their first settled bets by some of the best betting sites with free bets. In case of a loss, the refund will be issued to your account either in cash or in free bets. If you win the bet, though, no refund is given.
Enhanced Odds
A bit different from the typical free sports bet concept, enhanced odds are another popular type of promotion offered by bookmakers, especially when big important matches are on. The operator will artificially boost odds for a certain game as an incentive to place a stake.
Like free bets online, enhanced odds promos tend to be subject to restrictions, especially when they are offered to new players. Read the terms and conditions carefully, as sometimes the profit you make on your enhanced odds bet will be paid to you in free bet tokens rather than cash.
Other Sportsbook Free Bet Offers
Another way to get free bets we haven’t mentioned yet is to watch out for game-specific deals. Bookmakers will sometimes offer free bets applicable for specific matches or events only. Apart from important national and international sports events, this is also commonly seen in boxing, MMA, and other popular fights.
When it comes to team sports, you will sometimes be given the opportunity to place a free bet on a specific player only. This is usually related to one player achieving a milestone, and the sportsbook free bet would only be available for the most popular players in their respective sport.
Types of Free Sports Bet Offers for Existing Customers
Even though free bets are most generously given upon registering a new account, existing customers can still claim them frequently as most reputable operators will always have some kind of a promotion offer going on. Check your bookies free bet and other bonus offers to see what’s currently available to you.
Free Bet Clubs
The best betting sites with free bets frequently run so-called free bet clubs, which are a great way for existing users of said websites to access free bets. A free bet club is an ongoing promotion running on a weekly basis, and punters who meet the weekly requirements get the free bets.
Free bet clubs exist to encourage players to keep betting every week to secure the reward, so everyone joining them should keep that in mind. Only take advantage of them if you are already wagering the money you would have spent anyway. Otherwise, the risk free bet offers would hardly be worth it.
Reload Bonuses
In the sports betting world, depositing money into your account is referred to as reloading. To entice already registered customers to keep making deposits, bookmakers will sometimes offer a reload bonus which is often in the form of free bets given to you as a certain percentage of the deposited funds.
The reload bonus is in a sense similar to welcome bonuses, except it targets existing customers. It will typically require a minimum deposit and have a cap on the maximum number of free bets you can get. If you plan to deposit and withdraw regularly, this type of bookies free bet bonus is for you.
Consolation Prizes
If you lose a bet, the bookmaker may offer you a consolation prize. It is, exactly, what it sounds like – not a win, but a little something to make you feel like you haven’t really lost. This prize can be a free sports bet to use next time or a percentage of the stake back.
This type of bonus is especially common for multis so that when you lose one leg, you don’t have to lose everything you bet. Consolation prizes are a nice way to cut your losses, but since you would probably prefer your bets to win instead, there is no need to pay extra attention to them.
Loyalty Bonuses
If you have a favourite online sportsbook which you use all the time, the best way to get free bets, lower your risks, cover your losses, and maximise your winnings is to look into your bookies loyalty programme. You may be eligible for loyalty bonuses whenever you reach a certain milestone.
Bookmakers will reward their customers for being loyal and choosing them as their preferred betting website. Whether it is for being active on the website frequently or reaching a particular stake or deposit threshold, you may get better odds or the occasional sportsbook free bet to keep you happy and engaged.
Pick the Right Free Bet
As we have explained above, there are many types of free bets and other bonuses you may come across. However, it isn’t always easy to figure out which ones are going to benefit you the most. To help you decide which sportsbook free bet is the most valuable for you, check out the table below.
| Free Bet Type | Most Suitable For | Availability |
|---|---|---|
| Risk Free Bets | Beginners | Common |
| No Deposit Offers | New Players | Rare |
| Matched Bet Bonuses | High Rollers | Rare |
| Money-Back Free Bets | Safe Players | Common |
| Enhanced Odds | Everyone | Common |
| Free Bet Clubs | Betting Enthusiasts | Common |
| Reload Bonuses | Frequent Bettors | Common |
| Consolation Prizes | Multi/Parlays | Rare |
| Loyalty Bonuses | Loyal Customers | Common |
Terms and Conditions of Free Bets Online
All best free bet offers in New Zealand typically come with a set of terms and conditions to prevent bookmakers from losing money. This includes requirements that need to be met before you are eligible to claim the bonus and limitations on the bonus usage. Read below to find out what to look out for.
Maximum Win
Unfortunately, not even the best betting sites with free bets will let you win unlimited amounts of money from their bonuses. A common limitation applied to free bets is the maximum win, a cap on how much you can win with your free bet, to prevent smart players from rigging the system.
Sport Limitations
To promote a certain sport or event, operators will sometimes offer free bet promotions only applicable to a specific sport, match, or tournament. Before claiming a free bet bonus, always check whether it can be used for anything you want or whether the bookmaker decides how you are supposed to make use of it.
Rollover Requirements
Rollover requirements are a common caveat attached to free bets and other bonuses, and they can get very tricky. These conditions require you to spend or play through a distinct amount of money to claim your bonus. Stay cautious; otherwise, you might find yourself spending money chasing a bonus that is not even worth it.
Expiry Date
Another way to limit free bet use is to issue them with an expiry date. That way, punters must use their free bets before a certain date, even if it means placing a wager on something they wouldn’t be interested in betting on otherwise. Always check when does the bookies free bet expire and plan accordingly.
Minimum Odds
A minimum odds condition is sometimes imposed on free bets to force punters to take risks instead of using their bonuses on safe bets. If your bonus comes with a minimum odds condition (often 1.5 or even 2.0 odds), any bets you make with odds lower than that will not count towards the rollover.
What are the Pros and Cons of Free Sport Bets?
Just like with anything in life and betting alike, there are advantages and disadvantages to free bets. Of course, it’s nice to be able to bet without having to use your own funds, but the best betting sites with free bets are always quick to make sure that they will profit as well.
- Winnings Are in Cash
- Easy and Intuitive to Use
- Frequently Offered by Sportsbooks
- Sometimes Require Investment First
- Strict Terms and Conditions
- Subject to Maximum Winnings Limitations
The main disadvantages of bookmakers free bets are, naturally, the many limitations and requirements punters have to meet in order to qualify for them. Rollover requirements make it sometimes hard to figure out whether the bonus is worth the initial spend or not, and winnings and time limitations might turn some of the highest rollers away.
Free Bets vs Risk Free Bet Offers
The terms “free bets” and “risk free bets” are often used interchangeably, but there are some distinct differences between the two. To put it simply, sportsbook free bet enables you to bet and win without using your own money, while risk free bets exist to minimise your losses or compensate for them.
- Betting Credit to Your Account
- Multiple Ways to Access Them
- Use to Bet and Win
- Cash or Betting Credit Refunds
- Only Offered in Case You Lose
- Use to Minimise Losses
While a typical free bet is in the form of betting credit or tokens that are separate from the cash funds in your account, risk free bet refunds can be either in cash or in free bets. When you lose your initial risk free bet, your refund may simply be the opportunity to place another wager for free.
‘Risk-Free’ Bet Strategy
To basically guarantee a profit, use your bookies free bet for matched betting. For those not familiar with the term, this technique involves backing and laying the same bet, for example betting on the same team winning and losing at the same time while utilising free bets to your advantage.
- Register one of the best NZ bookmakers from this page.
- Meet the requirements to obtain a free bet.
- Use your free bet to back a wager.
- Lay the same wager for guaranteed profit.
- Repeat with different websites to maximise your winnings.
The trick is in using someone else’s imaginary money for half of your matched bet but getting to keep all the profits that are in cash. You can repeat this strategy as long as you have a free sports bet available to you and keep the money coming indefinitely with multiple bookmakers.
Free Sports Bet Conclusions
If you read everything up until this point, you can call yourself an expert in free bets. They are a great type of bonus commonly offered to both new and existing bettors, and although they tend to be subject to limitations and requirements, once you access them, they can be easily turned into pure profit.
Now that you have learned all about free bets, how they work, what terms and conditions to watch out for, and how to best utilise them to your advantage, feel free to check out the best betting sites in New Zealand. You will find the complete overview of bookmakers operating in Aotearoa and the perks they offer.
Frequently Asked Questions
If you still have any questions about free bets or anything else related to sports betting, have a look at our FAQ section. Although you will hopefully find your answers there, don’t hesitate to contact us at: info@bestbettingsites.com should you have any further enquiries. We will be happy to help you through.
🏆 What are the best betting sites with free bets?
The best betting sites Kiwis can use to bet on sports that also offer a generous number of free bets as well as other types of bonuses can be found in this article. The page is updated frequently, as our researchers keep working to find the best sportsbooks with free bets available in New Zealand, so leave it to us to show you only the best of the best.
🆓 How do I receive a free bet?
Bookmakers will specify the requirements and steps to claim a free bet on their websites, as it widely differs bookie by bookie. Sometimes all you need to do is register a new account. Still, for already registered players, the most common way to receive free bets is to deposit or play through a certain amount of money to become eligible.
✨ Where can I see my free bets?
Free bets will most frequently show on your profile or account in your available funds' section. When placing a wager, the option to use a free bet should appear in your bet slip if you have any free bets to play with at the moment. We have described how to find a free bet in more detail above in the article.
❓ How do I use a free bet?
Free bets are basically a form of betting credit that is not withdrawable and separate from your cash funds. Other than that, free bets are used exactly like normal bets. Just check for any limitations your free bet might have, as there are many different types of free bets and some are subject to limits such as minimum odds.
🚫 Are there any free bet restrictions?
Issuing unrestricted free bets would most likely drive bookmakers out of business, so most free bets come with a rather strict set of terms and conditions attached to them. These may be in the form of requirements to get the free bet, such as deposit or playthrough thresholds, or limitations on the free bet itself like maximum win or minimum odds.