Free Bets: How Does it Work?
The main reason online casinos in Canada offer free bets is to attract more users and lead them to create more accounts on their websites as they're only available to new customers. Conventional free bets come without requirements to make initial deposits, allowing new users to test out a couple of their favorite casino games without spending a dime. After claiming a free bet bonus, the casino will then apply the amount to your online betting account.
However, keep in mind that free best may have restrictions following gambling laws in different areas in Canada and can only be used on specific sports.
How to Claim a Free Bet
So, how does one claim free bets? When you create an account in an online casino with a bookmaker, you'll get your "free bet" in the process. Generally, free bets come in different forms, including receiving stake money to place bets without any risks of losing money or getting another type of concession. However, regardless of what the casino offers, a common feature of these two is that they allow users to place wagers for no costs, and even if they lost, they're not liable for any losses.
If the money you received returned you with winning a free bet again, this doesn't include the stake money, meaning that if you use a CA$ 10 free bet to test your luck on a 3/1 chance that wins, you'll receive CA$ 30 in winnings. Additionally, free bets usually have a time limit, meaning users can only use them up to a specific date. The qualification period for free bets usually only applies once the qualifying bet gets settled—and after that, you can explore the online casino and place a couple of stakes without spending money.
The Different Types of Free Bets
Free bets come in several forms, and the most common ones include:
● Risk-Free Bets
A risk-free bet is a type of free bet that, whatever the outcome of your bet, your stakes will be protected, making it 100% risk-free—allowing you to make any bets you desire without spending a dime. For instance, you may get offered a risk-free CA$10 bet on the next big league, which you can place actual cash on the wager, but it will be credited as a free bet either way, should your bet lose.
● Qualifying Free Bets
Qualifying free bets is where users need to follow specific instructions to receive valid free bets as part of a promotion. For instance, you need to place stakes on Match 1 to receive a free bet on Match 2.
● Loyalty Free Bets
Free bets usually get applied to a user's account for achieving particular loyalty requirements, such as logging in 5 days every week or placing CA$ 25 worth of takes in one week to receive an extra CA$ 5 free bet.
To get as many free bets as possible, you need to have several certified accounts, use more than one signup offer or bonus code while staying up-to-date with the latest promotions—increasing your chances of winning big.