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Here are the 3 Best Online Betting Sites / Sportsbooks Bovada. Bovada has changed the face of Sports betting online. They have a great sportsbook, racebook and one of the largest online poker rooms for players in the US. Their racebook is only open to North American thoroughbred and harness races.
The best betting sites in the UK are. Bet365; betfair; BetVictor; Unibet; Paddy Power; TonyBet; Smarkets; Betway; These are the highest rated betting sites in the UK from ratings collected at.
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The year 2020 marked an exciting period for Michigan sports betting as a whole. Amendments to the state's gambling laws allow players to stake real money on the outcome of sporting events legally. You can now not only participate in this thrilling hobby at land-based bookies but also with Michigan online sportsbooks too.

The idea of getting started can seem overwhelming, especially if you're new to the world of Michigan sports betting. We're here to shed some light on the matter and offer peace of mind. Using our expertise, we hope to assist you in making the most of your MI sports betting opportunities.

We’ll take you through the current market and the future of Michigan sports betting apps. We also investigate the top-flight teams from Michigan, giving up-to-date information so that you can make a constructive decision.

Best Michigan Sports Betting Sites

Undoubtedly one of the best online betting offers in the UK, particularly for those perhaps looking to initially begin with a smaller deposit. Ladbrokes Bet £5 & Get £20 Sign Up Offer Register a new player account and get bet £5 win or £5 each-way at odds totally 1/2 or more to get £20 in Free Bets (4x £5 Free Bets).

There was quite a bit of shuffling going on behind the scenes in preparation for the legalization of Michigan online sports betting. Some big names have started making moves and players can already pre-register with Draftkings and Betrivers and their attractive Welcome Offers in order to be first in line when online sports betting goes live.

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Rank	MI Sportsbook	Welcome Offer
1.	BetMGM Visit \| Review	100% Deposit Match up to $600 Bonus Code: VIBONUS600 T&C’s Apply, 21+, Only in MI
2.	FanDuel Visit \| Review	Bet $5 win $275! SuperBowl 55/1 Odds Boost T&C’s Apply, 21+, Only in NJ
3.	William Hill Visit \| Review	$500 Risk Free Bet Bonus Code : VIMAXSPORTRF T&C’s Apply, 21+, Only in IL and MI
4.	PointsBet Visit \| Review	2 Risk Free Bets Up To $2,000 Bonus Code: VIRFBET T&C’s Apply, 21+, Only in CO, IA, IL, IN, MI, NJ
5.	FOX Bet Visit \| Review	Get a Sign Up Bonus up to $1000 T&C’s Apply, 21+, Only in CO, NJ, PA, MI
6.	BetRivers Visit \| Review	100% First Deposit Match up to $250 T&C’s Apply, 21+, Only in MI, CO, IL, VA, PA, IN
7.	WynnBet Visit \| Review	Get Up To $500 Risk Free Bet T&C’s Apply, 21+, Only in NJ, CO, MI
7.	DraftKings Visit \| Review	$1,000 Deposit Bonus T&C’s Apply, 21+, Only in MI

DraftKings, through its market access deal with Bay Mills Resort & Casino, will soon be bringing its online sportsbook to Michigan.

Top Michigan Sports Betting Apps

Which sportsbooks are the most likely to follow Draftkings lead and offer online sports betting when it goes live in Michigan

DraftKings

DraftKings Michigan is the next platform to join the DraftKings lineup and is now as of November 12, 2020 in pre-launch for both DraftKings Sportsbook and DraftKings Casino. DraftKings is brand that made its name in free-to-play and real-money DFS. Like FanDuel, this operator has now launched an online sports betting site as more US states legalize this pastime. Eligible users who complete the full DraftKings Sportsbook/Casino registration process & opt-in upon sign up will be awarded a $100 free bet AND $100 in Casino credits when DraftKings Sportsbook & Casino officially launches in Michigan.

PointsBet

PointsBet is a top sports betting site with a difference. In addition to providing traditional markets and prop bets, it also offers its proprietary Points Betting system for bettors who truly believe in their predictions. PointsBet recently signed an agreement with the Northern Waters Casino Resort in Watersmeet, Michigan to provide online sports betting. Therefore, once Michigan online sports betting gets the green light, PointsBet is ready and waiting to launch.

BetMGM

MGM is one of America’s biggest names in the gambling industry, and it just so happens that in October 2019, the MGM Grand Detroit opened its new Moneyline Sports Lounge. Equipped with 60 TVs for customers to watch all the best Michigan sports, it is currently operating purely as a sports bar. However, BetMGM - the brand’s sports wagering website - is already live in other states, so it’s there to service Michigan online sports betting enthusiasts.

FanDuel

FanDuel is one of the leading Daily Fantasy Sports (DFS) providers, and it has now added a top sports betting site to its portfolio. In 2018, the Irish bookmaker Paddy Power (now called Flutter Entertainment) purchased FanDuel to help establish itself in the booming US market. For Michigan online sports betting, FanDuel already offers DFS, so it is in pole position to also introduce sports wagering.

FOX Bet

FOX Bet is a new online sports betting site that is currently available in NJ and PA. But with anticipation of online sports betting going live in 2020. It clears a path for this major brand to enter Michigan. Parent company FOX Sports has developed a unique partnership with The Stars Group in the US. This partnership brings together both media and sports wagering to bring fans closer to the game. Look for the possibility of FOX Bet entering Michigan.

William Hill

William Hill is one of the largest online sportsbooks in the world and a trusted brand. Currently, William Hill offers online sports betting in New Jersey but is starting an aggressive campaign to move into the US markets. With Michigan moving forward, it makes William Hill the perfect candidate to offer services here. The sportsbook offers access to all the major sports and accepts most payment methods.

Michigan Daily Fantasy Sports

The legalization of betting in Michigan doesn't stop with real-life events. Amendments to the act have also taken into account virtual sports. This means that you can now enjoy daily fantasy sports (DFS) betting too.

In fact, fantasy sports betting in Michigan brought in over $10 million in adjusted revenue for November 2020. This meant that the state collected around $850,000 in tax money from daily fantasy sports betting alone.

DraftKings and FanDuel make up 90% of the fantasy betting market in the USA. Both operators continue their dominance in the Great Lakes state, becoming the two most popular Michigan betting sites for DFS.

No matter how you look at it, the legalization of Michigan sports betting offers more positives than negatives. Not only does the state benefit from the new tax stream, but you can now enjoy your hobby with peace of mind.

Rank	Daily Fantasy Sports	Welcome Offer	Claim Offer
1.	Monkey Knife Fight Visit \| Review	100% Match up to $50 - Code: BONUSMAX T&C’s Apply, 21+
2.	DraftKings DFS Visit \| Review	Deposit Bonus up to $500 T&C’s Apply, 21+

Michigan Online Sports Betting: Events and Betting Markets

There are many great Michigan sports teams, both at college and professional level, so it’s no surprise that this State is one of the most sports-crazed in the US. Many of the 10 million residents would welcome legal Michigan online sports betting. Nothing beats a little wager on your team before kicking back and watching the action.

Common Types of Bets

When you join a top sports betting site, you have several options for the types of bets you want to place. Essentially, these can be divided into three main groups, as listed below:

Straight Bets

For new bettors, these are the wagers to start with. A straight bet is a single selection on any market which takes your fancy. You can wager on the money line, total points, or the spread, among many others. Simply pick a selection and put down your stake. If you are correct, you win. The payout is the betting odds multiplied by your stake.

Parlays

These are sometimes called multi bets. If you pick two or more selections, you can create a parlay bet. This is a single stake wager where each selection has to be correct for the bet to payout. The betting odds for each selection are multiplied together and times by your stake to give you the winnings total. Parlays offer fantastic betting value because you can bet with small stakes but win big!

System Bets

Lucky 15, Trixie, Yankee and Canadian are all forms of system bets. Essentially, a system bet is made up of straight bets and parlays. The advantage is that you are not relying on every selection to win to receive a payout. However, the flipside is because you are placing several bets, the stakes can be higher. You cannot calculate an exact payout as you don’t know the result permutations although you can estimate based on your stakes and the betting odds.

Most Popular Sports to Bet On

Michigan online sports betting websites will not only allow you to bet on action in the Wolverine State, you can also feast on the best national and international sports, too. To offer a teaser, here are the most popular sports available for betting at BetMGM.

All US pro sports: NFL, NBA, MLB and NHL
Soccer
Tennis
Golf
MMA
Boxing

Popular Michigan Events

As with many US states, the most popular Michigan sports events come from its pro and college teams. Ford Field, Detroit hosted Super Bowl XL, but sadly that game didn’t feature the Lions. The Tigers have delivered four World Series to the State. The same number as the Red Wings have in Stanley Cup victories.

Also, don’t forget the magic of the Pistons and their three NBA Championships. Yet, the University of Michigan football team has the most impressive record. The Wolverines have won a stellar 11 National Championships, and they hold the record for winning the most games in college football.

Betting on Pro Sports Teams in Michigan

Now that you have a firm grasp of the Michigan sports betting market, it's time to look at the area's professional teams. That way, you'll have an edge when opening up a Michigan online sports betting account.

This section focuses on Michigan's favorites in the NFL, NBA, NHL, and MLB. We'll give you an idea of each squad's current form, helping you make an informed decision regarding Michigan sports betting.

NFL Betting in Michigan

In the United States, there is more money placed on NFL matches than any other sport. This trend continues in Michigan, as residents back their local team, the Detroit Lions. Michigan sportsbooks offer a range of betting options such as spreads, moneylines, and futures.

You can participate on your Michigan sports betting app during the off-season, right through to the Super Bowl.

Detroit Lions Betting

The Detroit Lions have struggled this season, much like they did in the previous year. The team now faces a decision as to whether they should replace the head coach, Matt Patricia. Additionally, the club may also cut lose its general manager, Bob Quinn.

Fans have become apathetic with the NFL squad, as the Lions look to have another unfulfilling year. Detroit's chances of reaching the Super Bowl are increasingly unlikely, creating long odds on Michigan sports betting platforms.

If the club manages to sort out their coaching staff woes, there's a chance the Lions change things around. This means players betting in Michigan could see their team rise from the ashes.

NBA Betting in Michigan

The legalization of basketball betting in Michigan has had a positive impact on the sport. What's more, the introduction of live betting gives Michigan sportsbooks an additional, exciting feature. As far as MI sports betting in the NBA goes, the Detroit Pistons assume the top-flight club's role.

Let's take a look at the Pistons and what you can expect from them as far as Michigan sports betting goes.

Detroit Pistons Betting

Unfortunately for MI sports betting fans, the last season saw the Pistons gain the title of the third-worst team in the eastern conference. Furthermore, they had the fifth-worst results in the whole NBA league.

However, there's a bit of hope for Michigan sports betting enthusiasts for the next season. Players like Bruce Brown, Luke Kennard, and Christian Wood show promise. The club will need to ensure it doesn't lose these players to contract renewals.

NHL Betting in Michigan

Thanks to the amendments to Michigan online sports betting's legal status, experts expect a boom in NHL wagers. You have the opportunity to stake money on parlay bets, futures, moneylines and more on Michigan sportsbooks.

Another exciting prospect is the release of Michigan sports betting apps. This new addition gives you the chance to wager on Detroit Red Wings matches. Let's take a look at what you can expect from the eleven-time Stanley Cup Champions.

Detroit Red Wings Betting

The Detroit Red Wings were one of the six original NHL clubs when the league started. Since that time, the club has achieved greatness in the eyes of many ice hockey fans. The squad competes in the Eastern Conference division and is one of the most popular outfits in the league.

It's been a few years since the Red Wings rose to greatness, and like other Detroit teams, have struggled in recent seasons. Yet, they still possess the ability to surprise even the most informed betting expert.

When it comes to Michigan sports betting in the NHL, you'll notice a few differences compared to NFL games. For starters, the points scored in hockey games are significantly lower. Due to this fact, you'll see MI sports betting types like puck line, which has lower margins.

A popular type of NHL wager at Michigan betting sites is over/under. This is a solid bet if you don't want to predict the winner of a game. Instead, you can stake money on the total number of goals scored. That way, you can still back the Red Wings on your Michigan sports betting app even if they struggle to win a game.

MLB Betting in Michigan

Another league expected to benefit from the legalization of Michigan online sports betting is Major League Baseball (MLB). Enthusiastic bettors can stake money on the Detroit Tigers at licensed Michigan betting sites.

You can only wager on professional and amateur baseball matches. This means that betting on youth and high school games remains illegal. In any case, Michigan sports betting for the MLB is similar to the other leagues.

You'll find over/under, point spreads, and moneyline bets on Michigan sportsbooks. On top of that, Michigan online sports betting sites display their odds in the American format. To calculate your potential winnings, divide the odds by 100, then times that amount by how much you plan to stake.

Detroit Tigers Betting

When it comes to Michigan sports betting, you could say the Detroit Tigers have made the biggest splash. The MLB team became the first club to announce a partnership with a Michigan betting site.

The announcement came in July 2020 and allowed PointsBet to offer exclusive wagering options to fans betting in Michigan. Additionally, the Tigers fans can also use the exciting future options listed on Michigan sports betting apps. Examples of these wagers include who will hit the most home runs and the MVP of an upcoming game.

Other Michigan Teams to Bet On

It's not only professional sports leagues that you can stake real money on. You also have the option of placing wagers on college leagues for MI sports betting. In this section, we take you through some of the Michigan sports betting opportunities for college teams.

Betting on College Football in Michigan

If it's college football you're after, you'll find Michigan sports betting odds for the Wolves.

Michigan Wolves

The Michigan Wolves are currently sixth in their division, winning one of their four games so far. Like the Lions, you'll find favorable odds at Michigan betting sites in the over/under market. Plus, with the use of Michigan sports betting apps, you won't have to miss a thing.

Betting on College Basketball in Michigan

Another college team to look out for at Michigan sportsbooks this year are the Wolverines.

Michigan Wolverines

The Wolverines finished ninth in the Big Ten league last season, and Michigan online sports betting platforms expect more from the team this year. The basketball team begins their new season by taking on Bowling Green on the 25th of November.

You can place your predictions at a licensed Michigan sportsbook before the season starts. Additionally, when Michigan sports betting apps release, you can place your wagers on the go.

Michigan Betting Laws

Before diving into Michigan betting sites and teams to look out for, it helps to understand this hobby's legality. After all, the last thing you want to do is break the law. So when did it become legal to participate in Michigan sports betting?

In 1992, the United States outlawed betting except for select states such as Oregon, Delaware, and Montana. This was a result of the Professional and Amateur Sports Protection Act (PASPA), also known as the Bradley Act.

However, in 2018, the Supreme Court ruled that parts of PASPA were unconstitutional. This ruling allowed each state to decide for themselves whether or not sports betting should become legal. Since that time, we've seen many states like New Jersey and Pennsylvania change their gambling laws.

Not all states have legalized the hobby, and many still need to review their options. Michigan sports betting, which only became legal in March of 2020. Governor Gretchen Whitmer signed gambling bills passed by the state legislature legalizing Michigan online sports betting, online casinos, and poker.

At this time, only the 23 tribal casinos, Detroit casinos, and existing Michigan betting sites can apply for gambling licenses. These permits need to go through the Michigan Gaming Control Board (MBCB). This ensures that Michigan sportsbooks adhere to the regulations set out by the authority.

The laws state that all MI sports betting operators must pay an 8% tax on their revenue. Plus, the three leading land-based casinos in Detroit must also pay an additional city tax of 1.25%. These financial terms will help the state's economy as well as regulate the industry fairly for all parties involved.

Furthermore, only players over the age of 21 can participate in Michigan sportsbooks. If you're over the age limit, you can place a bet at a Michigan sportsbook from anywhere within the borders of the state. What's more, you don't need to register at a land-based casino. Instead, you can simply create an account online.

Future of Michigan Online Sports Betting

There are still plenty of aspects that require attention. As the budding Michigan sports betting industry grows, we can look at what the future holds for the state.

One of the most exciting changes coming up is the release of Michigan sports betting apps. So far, the Michigan Gaming Control Board has announced that it projects the arrival of mobile betting in early 2021. However, it has neglected to give any official dates.

On a positive note, there are several Michigan sports betting apps expected to arrive in 2021. Each operator is limited to using a single internet betting platform. What's more, every site must connect to one of the established land-based casinos holding a valid gambling license.

Residents can look forward to some big names when it comes to Michigan betting sites. In fact, one of the operators recently signed a sponsorship deal with a Major League Baseball Team. They become the first platform to break into the MLB market and is a brilliant sign of things to come.

The future looks bright for Michigan sports betting. Analysts predict Michigan to bring in some of the largest revenue streams compared to other legal states. This is thanks to multiple top-tier athletes and teams calling Michigan their home.

Michigan Online Sports Betting FAQ

Are sports betting sites legal in the United States?

Yes, they are but only in the states that have legalized sports betting online. Currently, there are more than a dozen states, including Nevada, Pennsylvania, New Jersey, Iowa and Oregan, among others. Michigan online sports betting is going to be added to this list very soon.

What do I need to register at an online betting site in Michigan?

Initially, you’ll be able to open an account with your preferred Michigan online sports betting site by providing your full name and contact details (mobile phone number and home address). However, you will be required before making a withdrawal to complete the KYC procedure. For this, you must send in a copy of your ID (Driver’s license or passport) and sometimes a utility bill with your name and home address.

Is it safe to deposit money at sports betting sites in Michigan?

Yes, without a doubt. Every top sports betting site operating here is and will be licensed and regulated with player’s safety and security being paramount.

Can I set betting limits?

You can, yes. All licensed Michigan online sports betting websites will offer this feature. It is usually in the account settings area, but this can vary depending on the platform you bet with. The simplest way to find out is to contact customer support, and they will direct you to the right area of the website.

Michigan Casinos

As we've already mentioned, Michigan sports betting platforms will need to hold a license associated with one of the current land-based casinos. Players looking to join MI sports betting platforms will have a host of options to choose from.

Furthermore, you can legally participate at one of these casinos online. You'll be able to bet on your favorite sports and casino games with these Michigan betting apps.

Common Payment Options

Michigan online betting sites make depositing funds and withdrawing winnings quick and easy. There are a host of payment methods to choose from, including:

Credit Cards / Debit Cards
PayPal
Prepaid Cards
Online Bank Transfer
Wire Transfer
Apple Pay
eCheck
Cash (at the casino’s cage)

Final Thoughts on Michigan Online Sports Betting

The legalization of Michigan sports betting in 2020 gave us hope and the upcoming release of mobile betting in Michigan is another reason to smile.

MI sports betting promises a host of advantages. In fact, you can already see some of the benefits that Michigan online sports betting brings to the table with Draftkings pre-launch. Whatever your reasons, there's never been a better time to start betting in Michigan.

Other states where you can place an online sports bet :

If you’re a user of an online sportsbook today, you are sure to have come across a variety of free bet offers. These may be awarded when your bet loses in a certain way, when making a deposit to a site, or as a bonus for simply signing up to a site.

These free bets can come in all shapes and sizes, and to take full advantage, it is good to have a real understanding as to how each of the free bet offers work. In an industry where making a profit can be a tough ask, taking advantage of these free bets can be the difference between beating the sportsbook and losing.

Best Online Sportsbooks with Free Bet Offers

This article is divided into the following sections, detailing exactly how free bets work and explaining the different types of offers you’ll find online:

How a Free Bet Works: A breakdown of the mechanics of free bets.
How to Claim Free Bet Offers: Detailing bonus codes and where to find the offers.
Types of Free Bet Bonuses: A detailed analysis of risk-free bets, free bets, match bets, no deposit offers, and money back offers.

How do free bet bonuses work?

Free Bet offers are unusual in that they are advantageous for both the customer and the sportsbook.

The customer is more than happy, as they have these free bets to play with, with the potential to earn free money on the back of them.
The sportsbooks are happy as they provide a great way of attracting new customers to their site – and sportsbooks thrive on customers.

As you’ll read below, free bets can come in a variety of ways. They might be based on making a deposit, or simply placing a bet. Generally, the free bet award will be minus your stake. For example, if you were to place a $100 free bet wager at odds of +200 and it won, you’d be awarded $200, but not receive the stake back as well. Occasionally, you might find a free bet where the stake is included – look out for these, as they can offer far more lucrative rewards.

It always pays to read the terms and conditions of any free bet offers. It’s usual practice to only offer one per household (this is to stop the one gambler in the family opening multiple accounts for every other relative who lives at the same address). Age restrictions will be in place too.

How to claim a free bet no-deposit offer

The way you’ll claim a free bet will change from site to site and be dependent on the promotion. For example, if your free bet is on the back of an initial deposit bonus, the free bet might be allocated to your account immediately.

The same prompt reward might come your way if you’ve won a free bet on the back of a loss. Other times you might have to enter a bonus code to claim your free cash. It’s always a good move to read through those terms and conditions first if you’re not sure – there is nothing more annoying than losing out on a free bet because you didn’t realize you had to enter an advertised bonus code.

Bonus codes will usually come from the site itself, although in certain circumstances, you might find a bonus code offered by a third-party company.

Any time you sign up to a new site (or even better, thinking of signing up to a new site), your first port of call should always be to the ‘Promotions’ page. This is where you’ll find all of the offers available, including the welcome package as well as any ongoing promotions and loyalty schemes.

Types of free bet bonuses

It wasn’t so long ago that free bets were almost unheard of. In the early days of online gambling, customers were simply pleased that online sportsbooks were there. People couldn’t take advantage of the offers because there were none. However, as competition within the industry has grown, sportsbooks have developed a number of ways of attracting new customers with free bet offers.

Here is a detailed rundown of all of the different types of free bets bonuses you can enjoy at an online sportsbook:

Risk-free bets

There is nothing more enjoyable than a risk-free bet. Like many of the offers listed below, these are usually reserved for new customers at a sportsbook. They will require you to make an initial deposit and then place that first wager. If the bet wins its business as usual and you’ve made a fine start with your new account. If the bet loses, the ‘risk free’ part comes in.

At this point, the sportsbook will refund your stake in the form of a free bet. You’re now free to place another bet. Effectively with this type of bonus offer you are freerolling with your first bet.

In most cases, the free bet award will not include your stake if it wins. Check the terms and conditions as there will usually be deadlines for both placing the initial bet and then placing the second bet (if the first one should lose). With generally shorter deadlines, aim to place short term wagers instead of heading to the futures markets.

A good example of a risk-free bet is the one offered by FanDuel Sportsbook, where they’ll give you a free bet of up to $500. If your bet loses, it’s like it never happened.

No deposit offers

No deposit offers are some of the most enjoyable promotions you’ll find online. The idea behind them is that you can bet for free (and potentially make some cash!) and that you’ll enjoy the site so much you’ll stick around. On this basis, you’ll usually find these offers at those sportsbooks that do offer a good service overall.

These no deposit offers are usually on the smaller side of the bonus amounts, maybe in the region of $10 or $20. Unfortunately, it’s not quite as simple as placing the free bonus cash as a wager and withdrawing the winnings. You’ll usually find a play-through requirement with these offers. If you take a $20 no deposit offer with a 15x playthrough requirement, you’ll have to wager a total of $300 to make the cash yours.

At DraftKings Sportsbook you can enjoy a free $25 no deposit bonus – perfect if you want to ‘try before you buy’ and give your account an instant boost.

Matched bet bonuses

Another good bonus variant is the matched bet bonus. Having made your first deposit and placed that first bet, the sportsbook will give you a free bet up to the same amount. This is similar to the risk-free bet in that if your initial bet loses, you’ll have another chance with the free bet. However, this has a distinct advantage, in that if the initial bet wins, you’ll still gain the free bet.

Very similar (again) to the matched bet bonus is the matched deposit bonus. This time the size of the free matched bet is based on the size of your initial deposit (as opposed to the size of the first bet).

In both of the above cases, you might find more stringent playthrough requirements due to the greater generosity of the offer.

William Hill New Jersey operates a scheme along these lines, where once you’ve deposited and placed bets up to the value of $50 or more, they’ll give you a free $50 to play with.

Money-back free bets

One of the most interesting developments in bonuses and promotions is the introduction of money back bets if a wager loses in a certain way. Here’s some good examples of these free bet offers:

Back a baseball team and they lose in extra innings.
Bet on a basketball team and they lose in overtime.
If a bet on a soccer team fails due to a goal being scored after 80 minutes.
Place a soccer wager on a selected market and have the game finish without a goal.

In all of these cases, your free bet award will be without the initial stake, so you’ll only receive the winning portion should your free bet win.

At some sportsbooks, like FanDuel, you’ll also find insurance bets which work in a similar way. These promotions work with parlays with a minimum number of selections. If one leg of the parlay lets you down, you’ll receive your initial stake back as a free bet.

Many of the above offers (including the overtime in basketball, the extra innings in baseball and the goal scored after the 80^th minute in soccer) are available at BetStars New Jersey.

Other free bet offers

As well as the popular methods employed above, you might also find many other ways of enjoying free bets.

Particular promotions might state that if you wager a certain amount on a given sport during a set time period, you’ll be awarded an additional free bet.

For example, at BetStars Sportsbook if you bet $25 within any given Monday and Sunday, you’ll be awarded a free bet of $5. Another good example is at William Hill, where they’ll refund you 20% of your losses as a free bet on any 4-team losing parlays in baseball. MGM runs a similar promotion, offering you 10% back on any losses during the NBA playoffs.

Loyalty schemes are a good way to enjoy free betting too. Many online sportsbooks offer reward programs, where you’ll earn points every time you place a bet. You’ll be able to turn these points into cash or free bet credits. These loyalty schemes are usually linked into VIP clubs too, which can lead to further benefits – the quicker you earn these points, the larger range of additional benefits will come your way.

Advantages of free bets offers

Obviously, any time you receive a free bet, it will feel like a bonus. However, when you look at it from a numbers point of view, these free bets can make a real difference.

Every time a sportsbook offers odds on an event, they have their own ‘juice’ incorporated into the odds. For example, in a two-way market, you’ll usually find odds of -110 for each side of the market. This effectively means that in a 50/50 bet, you’ll get slightly less than double your money back – this is where the sportsbook takes their cut (this is a necessary evil, as without that cut, sportsbooks wouldn’t exist and none of us would be able to place a wager).

If you incorporate these free bets effectively into your betting strategy, instead of the sportsbooks having the edge, you can turn it around and have the edge yourself. Many of the offers detailed above can effectively double your initial deposit or bet, turning those odds hugely in your favor.

These free bet offers usually come when opening a new account, so can add to the feel-good factor with that account and give you added confidence in your selections too. Knowing, for example, that you have a risk-free bet first up with a new account, you have that element of freedom. If the bet wins, you’re off to flying start at the new sportsbook – and if it loses you’ve got a second bite of the cherry.

Disadvantages of free bets?

It seems strange to talk about disadvantages when it comes to free bets. However, at times you have to be a little careful, especially when around lesser well-known sportsbooks.

For example, you might find a free bet offer where there is a huge playthrough requirement. This could effectively mean that you’ll be tied to placing an impossibly large number of bets (sometimes within a short time scale) to clear the free bet funds. In these instances, the sportsbooks will have more than got their money back through the juice gained by placing all of these additional bets.

Again, always check the terms and conditions when signing up to a new site. A good piece of advice is to stick with the regulated and state-sanctioned sportsbooks. These perfectly legal sportsbooks want to keep their customers happy, so their offers and promotions are geared to give the good sports bettor an increased chance of success.

Rules and regulations with no deposit bonuses

Whenever there is a free bet offer, you’ll usually find a series of rules and regulations around the free bet offer. It’s always handy to know exactly what these are, so head into those terms and conditions again to find out exactly what you need to do – just to ensure you don’t fall foul and lose out. Here are some common rules around free bets: