Bookmakers offers come in several shapes and forms but generally fall into 3 categories…
- Free Bets & Bonuses
- Odds Boosts & Enhancements
- Money Back Specials
These are the best known bookie offers and if you have at least two free bets the gateway is open to ensure yourself some guaranteed profits.
It’s not rocket science, if you have two free bets and you place one on both players in a darts, tennis or snooker match, you can back both contestants and whichever wins you will see a cash return.
In the case of a football match you will need 3 free bets as there is a ‘Draw’ to consider. But, in truth, there are more than just these three bookmakers offers and simply backing every outcome and hoping for a big priced winner to give you some nice cash profits is not an optimal strategy.
The Knock On Effect
Receiving your first free bet normally involves making a cash deposit on a new betting account. But a lot of online bookmakers will give you additional free bet if/when you place a certain number of bets on your account each week (it’s a £/€10 free bet at Paddy Power if/when you place five £/€10 bets during the course of a week via their ‘Rewards Club’).
This weekly free bet means you will only need to open one new account a week – and there are scores of online bookies offers to choose from – to potentially give you two free bets a week and ensure winnings in a snooker / darts / tennis game.
But you can take this a step further and attack something bigger, like a horse race, with multiple bookies offers if you are prepared to put some homework in.
The Betting Markets
This day and age you can bet on things such as ‘Winning Distance’ and ‘Not To Win’ so here’s a little example using a horse race (the 2019 Champion Chase) that could have been manipulated using multiple bookmaker offers and free bets…
- Altior was the 4/11 favourite and looked a good thing. One bookmaker was offering 33/1 to its new customers with a £1 max stake and winnings paid as free bets.
- Another bookie was offering money back as a free bet if you backed a horse in the race that was beaten and Altior won.
- In a market on ‘Winning Distances’ a third bookie was offering 2/1 about Altior NOT winning.
The Net Result
Placing £1 on Altior at 33/1 with the first betting firm, £2 on another horse with the second firm and backing Altior to lose with the third firm for £2 would mean you had invested £5 in total.
ALTIOR WINS – A win for Altior would return £34 in winnings and £2 in ‘money back’.
ALTIOR LOSES – A loss for the odds-on Altior would see £6 in cash returns for your third bet coupled with the prospect of significant winnings with your £2 bet on a horse that opposed Altior.
If your bet opposing Altior was placed at bet365 then it would also be subject to their offer of a free bet in the following ITV televised horse race.
Now of course these bets all count towards or lead to additional free bets and when you can successfully blend these in with odds boosts the scientifically minded can employ tactics which create reliable risk-free profits.
It’s vital that you exploit all bookmaker offers you can. Other concessions and bonuses to lookout for include:
Used together bookmaker concessions and free bet offers can be used to give you, the punter, an advantage and winning edge.