If you’re from Ghana and want to find out about the different types of free bets available to you, then you’ll be pleased to learn that you’re in the right place. In this piece we’re going to be taking a look at some of the main free bet options available to you.
We’ll cover everything from free bet no deposit offers, to general free bet offers – and, as this page is specifically for Ghananians, we’ll even look at the best free bets Ghana.
Let’s begin with a look at the different types of free bet you’ll find available today.
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Different Types of Free Bet
A major mistake that new bettors can often be seen to be making, is simply choosing the free bet with the highest dollar sign attached to it.
In reality, it’s really important to try and remember that – while the amount may look good – not each type of free bet is the same, and some are exponentially more valuable than others.
We’re going to be taking a look at some of the main types of free bets available. This includes risk free betting offers, free bet no deposit required, and we’ll even look at the best new customer free bet promos.
Risk Free Bets
A risk free bet is offered mostly to new punters, but it’s occasionally offered to existing bettors too. Basically, this type of bet will reimburse you should your initial bet lose.
Say, for example, a bookie is running a promotion on a horse race and will cover bets up to $50. What this means, is that you can place a bet worth up to $50. If it loses, the bookie will then either refund your stake (as a cash amount), or, alternatively, credit your account with a free bet of the same value.
These types of free bets are becomming increasingly common, and they’re often used as a new customer free bet offer due to their popularity with punters.
Matched Deposit Bonus
A matched deposit bonus is one of the most common forms of free bet you’ll see online today.
It takes its form from a promotion that initially started out at online casinos. And the premise is simple. The bookmaker will match your first deposit, by usually 100%. Say, for example, when you open a new account you decide to deposit $40. The bookmaker would then credit your account with an extra $40, bringing your total balance all the way up to $80! The bonus balance is then yours to bet with as you see fit.
Matched Free Bets
Also commonplace at online bookies today, matched free bets work in a similar way to matched deposit bonuses with the main difference being that the bookmaker will match your first bet, instead of your first deposit. The size of matched free bets varies greatly. Some bookies will offer matched free bets up to $10, while others go as high as $100.
On this page, you’ll see the top matched free bet offers currently available.
Profit Boost Bets
While this isn’t a free bet, per-se, profit boost bets are becoming increasingly common. And while the exact details vary quite a lot from bookie to bookie, the general premise is the same.
Basically, bookies will offer profit boost bets on certain markets and/or events. And if you bet is a winner, they’ll boost the winnings by a certain percentage.
This percentage changes depending on which site you’re playing at, and there are usually terms and conditions attached.
No Deposit Free Bets
This type of free bet is, unfortunately, a lot rarer than it once was. This is due to the fact that so-called ‘bonus abusers’ were taking advantage of bookmakers.
However, as the name suggests, this promotion lets you place a free bet without needing to make a deposit or place a bet. Usually, no deposit free bets are quite small are there will usually be maximum withdrawals attached to them so we always recommend you have a read of the terms and conditions before claiming it.
Enhanced Odds Free Bets
We first saw bookmakers really beginning to capitalize on enhanced odds free bets during the 2014 World Cup.
For some reason, punters seemed to be naturally attracted to their format, and they’ve since proved to be a popular choice with punters.
An enhanced odds bet is where a bookie will give you inflated odds on a specific bet. Say, for example, Ghana were playing Cameroon, and the odds for Ghana to win were – normally – around 2/1. An enhanced free bet offer may see the odds for Ghana to win inflated to as high as 50/1! As you can imagine, this is a pretty decent opportunity for punters, and as such, there is usually a maximum stake of $1 or $2.
Understanding the Terms and Conditions
Virtually every type of free bet offer you’ll claim today will carry significant terms and conditions. These are designed to ensure that the bookmaker’s liability of minimized, and prevents bonus abusers from taking advantage of them. Below, we look at some of the main terms you’ll come across.
Minimum Bet Odds
Almost all free bets carry minimum bet odds – this means that the bet you place using the free bonus will need to carry minimum odds. Most bookies tend to implement an even-money minimum bet odds, and it’s mainly to ensure you can’t just come along and place a ‘sure-fire’ bet.
Minimum Deposit
With some types of free bet – mainly matched deposit bonuses – bookies will usually implement a minimum deposit. This is usually relatively low – $20, or in some cases as little as $5 – but it’s purely down to the fact that it costs them money to process payments, so deposits smaller than the set amount could end up costing the bookie more money.
Specific Events
Some types of free bet offers – enhanced odds and profit boosts are good examples – are only eligible to be used on a certain event. For example, a profit boost may be applicable only to bet outright on a team to win in a specific football match.
Excluded Payment Methods
Many free bet sign up offers can only be claimed by depositors using debit and credit cards. This is due to the fact that bookies generally don’t like other payment methods like Skrill and Neteller due to the large number of fraudsters using them.
Bonus Codes
While this is a lot rarer than it was a few years back, bonus codes may be required by some bookies in order for a bonus to become activated. If this is the case, you’ll need to enter the bonus code either when making a deposit or placing a bet.
Expiration Date Free Bets
Virtually all free bet offers will come with an expiry date. Bookies tend to run their promotions in month-long increments, so it’s always well-worth checking the specific terms of a bet before you commit to choosing one.