Free Bets NZ | Free Sports Betting Offers November 2024

How to Claim Free Bets Today

Free bets are betting promotions typically offered by sports betting websites to customers who are completing their registration for the first time.

To qualify for new customer offers, you usually have to take some action using your own money, such as making a deposit or placing a bet yourself.

Precisely what you must do will be included in the terms and conditions associated with the free bet offer. Such terms are usually easy to understand, and once you have ticked all the boxes your free bet should be available to you.

There are several types of free bets, and we will run you through each of the most common betting offers in a little more detail below.

Really all you need to do is complete your registration, make a deposit or place a bet, and then meet any other criteria – it’s all very straightforward.

One thing to look out for – to gain your free bet deal you sometimes have to enter a bonus code or a promo code. If you’ve shopped online and used a voucher code, then bonus codes and promo codes work in the same way.

You just enter the required code when you complete your registration or make a deposit to claim the associated bonus or promotion. If you don’t supply the required bonus code or promo code, then sadly you won’t get your bonus!

Types of Free Bet Offers

There are several different types of free bet offers commonly offered as betting promotions. We’ve picked out the six most popular below, with a brief explanation of each.

• Matched Free Bet: With this deal, online bookies or sports betting apps will match your real-money bet with an identical free bet, up to a specified limit. For example, if you make a $10 bet using your own money, you’ll receive a $10 free bet.
• Matched Deposit: Not strictly a free bet, but with this promotion you receive bonus money that you can use to place free bets. For a 100 per cent matched deposit, if you make a $50 deposit you will receive a $50 bonus. Matched deposit bonuses come with upper and lower limits and other terms and conditions.
• Risk-Free Bets: If the deal offered by an online bookie is a risk-free bet, this will allow you to place a bet (with limits) that cannot lose. Say you place a $20 bet following the terms of the risk-free bet offer and it loses, then you’ll receive a $20 free bet as compensation.
• Bet X Get X in Free Bets: Similar to the matched free bet but with varying values. If you place a minimum wager using your own cash, then you’ll receive the free bets on offer. For example, with a ‘Bet $10 Get $30’ offer, you only need to place a $10 free bet to receive your $30 free bet deal.
• No-Deposit Free Bet: The closest thing to free money! With this type of deal, you only need to complete your registration to get your free bet. No deposit of your own cash is necessary.
• Enhanced Odds (Winnings Paid in Free Bets): With this bonus you’ll receive boosted odds on a specific event. If you place a bet using your own cash on the event and it’s a winning bet, then typically the money you win over the normal odds will be paid out in free bets.

How to Choose Free Bets

It’s important to only choose the best free sports betting offers. A good rule of thumb here is that if an offer looks too good to be true, then it probably is!

Check the terms and conditions of any free bet offer, looking for high minimum odds, low winnings caps and unfavourable wagering. The best betting offers are those that treat the customer fairly and squarely.

Also check out the site offering the deal, making sure it is legitimately licensed and has a decent reputation. All of the betting offers listed on this page are guaranteed to meet the ‘fair and square’ criteria and are offered by safe, secure and reputable online sports betting sites.

What Can I Use Free Bets On?

Usually, you are free to use your free bets on any event or contest that you wish to.

One huge tip here – watch out for an upcoming sporting ‘big one’ such as the Rugby World Cup, the New Zealand Derby or the Cricket World Cup.

Online bookies typically offer the biggest and best betting offers and free bets when these events swing around in order to drum up customer interest.

Some restrictions may apply when you receive your free bet, such as not being able to use the bet on specific markets,  or having your free bet deal tied to specific sports. Such restrictions are rare, but it’s always worth checking your free bet terms and conditions just to make sure.

Common Terms & Conditions of Betting Sign Up Offers

Things would be a lot simpler if betting sign up offers did not come with terms and conditions, but they do so we’ll just have to put up with it! There’s no need to be confused though, as we can offer you detailed explanations of all the most common free bets T&Cs.

• Stake Not Returned: You only get your winnings back from a successful free bet, not the free bet stake. If you use a $10 free bet on a wager with odds of 2.0, you will get back $10. A real-money wager with such odds usually returns $20.
• Expiry Dates: Free bets do not hang around forever. If your free bet is an offer in relation to your registration, then you’ll have a certain time period in which you can claim it. Once claimed, your free bet sign up offer will expire if you do not use it in time, and if your winnings require wagering you’ll have a limit as to how long that can take you.
• Minimum Deposit: All betting site offers will have a Low deposit online casino threshold, with $10 being the most typical. If you try to claim such an offer but only make a $5 deposit, then you’ve won’t get your free bet.
• Maximum Bonus: In terms of deposit bonuses, there will be a maximum in terms of the size of the bonus you can claim. If the maximum is $50 but you make a $100 deposit, then expect only to receive a $50 bonus.
• Minimum Stake: Like a deposit bonus, most free bet deals require a minimum stake, with $10 again being the most common limit. Stakes below this limit do not qualify for a bonus in this example.
• Minimum Odds: Qualifying bets can only be made on markets with minimum odds. The range of minimum odds is usually between 2.0 and 1.5. You may find that you can only use your free bet, once received, on markets with minimum odds too.
• Wagering Requirements: Sometimes your free bet winnings are held until you have completed wagering requirements using your own funds. If your free bet deal came with a 3X playthrough requirement and you won $10, then you would need to place $30 in bets using your own money before your free bet winnings would be released.
• Accepted Deposit Methods: Typically you will need to use a debit card for your qualifying deposits. E-wallets such as PayPal, Skrill and Neteller are usually out-of-scope for free bet offers. This is to stop people from opening multiple e-wallet accounts and claiming a free bet offer multiple times.
• Enhanced Odds: Enhanced odds are boosted prices offered on a specific event. It is important that you understand winnings in excess of the ‘starting price odds’ are usually paid as free bets or bonus cash, and hardly ever as real money that you can withdraw.
• Types of Bets: This is an odd one as with some free bet offers you can only place bets on single events, and with other free bet offers you can only place bets on anything other than single events (double, trebles and accas). Check the terms and conditions of your free bet offer to ensure you’re placing the correct types of bets.

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Free Bets for Existing Customers

While most free bets are new customer betting offers, the best new betting sites do not forget their existing customers for free bets. Some of the most common free bet types offered to existing customers are:

Free Bet Club

A free bet club is a rewards scheme available to all customers who opt in. The bookie will set specific criteria, such as ‘place bets worth $25 in a single week to receive a free $5 free bet’.

If you meet the defined criteria during the set period, then the free bet will be applied to your account.

Loyalty Bonus

Like a free bet club, a loyalty bonus is usually a free bet offer for regular customers.

bet365 is a sportsbook that excels when it comes loyalty bonuses. If you make continued use of their sports betting site, then you may find a loyalty bonus or free bet waiting for you one day when you log in.

Insurance Betting Offer

In betting terms, ‘insurance’ usually applies to accumulator bets.

Bookmaker offers like acca insurance will return your stake should a single leg of your acca bet fail. This money though is returned as a free bet and not withdrawable cash.

Enhanced Odds Offers

New customers typically get the best enhanced odds betting offers, but enhanced prices also crop up for existing customers.

For example, if the All Blacks are playing Australia in rugby, and the odds are 2.0 for an All Blacks win, enhanced odds might boost the price to 4.0 for a New Zealand victory.

If you stake $10 on this deal and the All Blacks win, you’ll get back your $10 stake, your $10 ‘normal’ winnings and $20 in free bets (for your enhanced odds).

Check the terms and conditions of enhanced odds bookies sign up offers to make sure you’ll get back what you’re expecting. Soccer is the most common sport for enhanced odds deals but deals for horse racing, golf betting and other markets pop up occasionally as well.

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Free Bet No Deposit v Regular Free Bets

Free bet no deposit deals may look great on the surface - but they often come with extremely tight terms and conditions. This is understandable, as any bookie giving away no deposit free bets like there’s no tomorrow would soon go out of business!

Regular free bets are usually the better deal as they come with looser terms. They are also much easier to find!

Free Bet Offers v Bonus Offers

Free bet offers and bonus new customer offers are similar but there is a slight difference.

Bonus offers usually have higher value but stricter conditions. For example, it’s almost impossible to find a bonus offer that does not come without wagering requirements. The best free bet offers usually come without strict wagering requirements.

With any deal, the more wagering you have to get through, the less chance you have of coming out of your bonus deal on top.

Free Bet Offers in NZ – Key Takeaways

There is no denying that free bet offers are some of the best sports betting promotions available. They’re simple to use, found in abundance, and enable you to boost your bankroll with a small financial investment.

That’s not to mention that you are given the opportunity to try out new betting strategies and place riskier bets that can potentially be more profitable.

The best free bet offers from NZ bookies are listed on this page. To claim any of these free bets, sign up and follow the simple steps to claim the betting offer. Remember, bookmark this page and keep coming back for all the latest free bet offers!