Horse Racing Free Bets
Horse racing is still one of the most popular betting sports. In betting shops it takes 50% more betting revenue than football and twice as much as greyhound racing. And, online, sports betting generates as much in revenues as Casinos, Poker and Bingo combined.
So it is no wonder online bookmakers want and need to keep their horse racing customers satisfied and, if they are not finding winners, what better way to do this than giving them a free horse racing bet or two.
Make no mistake, horse racing free bets are not just awarded to customers who are on a losing streak. They are given as consolation prizes and, most notably, as an incentive for new customers.
Horse Racing Free Bets – Choose the most suitable bet for you
Horse racing free bets differ from regular ‘paid on’ bets in two ways.
Firstly there is no risk involved with a free bet. If your selection loses you will not be financially worse off in any way.
Secondly if your selection wins your return will be net of stakes. Therein a £10 free bet on a 3/1 winner will see £30 returned to your account in cash.
Popular Horse Racing Free Bets
As with horse racing in general, the most popular type of bet is a win bet. The good old fashioned wager on one horse, requiring it to win (or be placed if you backed it each-way).
But this does not mean win bets are the only option available to punters who have been given a free bet courtesy of a new customer account offer or loyalty bonus. Doubles, trebles and multiple bets like the ever-popular Yankee can be placed too.
In fact, with the exception of wagers that go into the tote pools (Placepots, Tote Exactas etc) there is no kind of bet you cannot use a horse racing free bet for.
Suffice to say the more ambitious may chance their arm with something like a Tricast which can give tremendous returns for small stakes.
Horse Racing Upcoming Events – Get Ready for Cheltenham Festival 2018
The 2018 Cheltenham Festival is almost upon us! The 4-day Cheltenham betting extravaganza gets underway on Tuesday 13th March with 7 races each day (first race 1.30pm), culminating with Cheltenham Gold Cup Day on Friday 16th March.
Most online bookmakers are now offering ‘NRNB’ (Non Runner No Bet) meaning that any Cheltenham bets struck now will result in a full cash refund should your horse not run. Make sure you bet on the NRNB markets as some bookies are only offering this concession on the 4 main ‘Championship races’ – namely the Champion Hurdle, Champion Chase, Stayers Hurdle and the Gold Cup, although this will be extended to all races in the week before the Cheltenham Festival.
There will be plenty of other Cheltenham Festival betting offers up for grabs as we approach the big event such as ‘Money Back (as a free bet) if 2nd to the Favourite’, ‘Fallers Insurance’, ‘Enhanced Odds / Price Boosts’, enhanced place terms and many others.
It’s the highlight of the jumps racing season and with so many bookmakers vying for your business, it’s a great time to be a punter too. Make sure you take advantage of as many Cheltenham betting offers as you can as it can really make the difference between a winning or losing week.
How to claim Horse Racing Free Bets
For most the first horse racing free bet offer they will receive will come when they open a new online betting account with one of the major and reputable bookmakers.
The process is simple, open a new account, place a bet and when that bet is settled your new account with be credited with a bet or, in some cases, several bets which you can place on horse races.
Horse race betting gives away more free bets than any other betting medium as it is subject to more free bet offers than any other type of sports betting.
‘Money Back Specials’ are one of the most common free bet offers. They give customers a free bet for unfortunate eventualities or just old fashioned bad luck. For example you could receive a free bet if your horse finishes second to the race favourite or if it falls at the first fence.
To be fair there is little claiming to be done with a number of these horse racing free bet concessions, for the most part they are credited to your account automatically
As a new customer you may be requested to ‘opt in’ to a free bet offer when making your first deposit.
Horse Racing Free Bets No Deposit
As it is the most popular betting medium and as online bookmakers, like all businesses, strive to attract new customers, it’s no big surprise that ‘no deposit’ horse racing free bets are on offer to new account holders.
These promotions do not give you a free bet following your first deposit or bet, they actually give you a free bet for simply registering a new account without the need to deposit or bet beforehand.