New Customer Opening Account Offers

18+, Ts & Cs Apply. New Customers Only.

Formatted Free Bets

Formatted free bets apply when certain conditions have to be met in stages. The free bet is not awarded immediately on opening an account or making a deposit. Once a new account is opened the free bet is awarded over a period of time in which a number of things have to take place in order for the free bet to apply. There is sometimes a time limit during which these actions take place.

How a formatted free bet works

There are a number of stages in which a formatted free bet is awarded:

  • The first stage is to open a new account and make a deposit.
  • A bet must then be placed before the first element of the free bet applies.
  • This process is repeated until the total amount of the free bet has been awarded.

At each stage of the process the free bet bonus is the same as the stake. The different stages may come in the form of a stake or a bet. This means the free bet can be awarded in two distinct ways, namely from the level of the stake or the timing of the bet.

As with all free bets winnings exclude the total stake. As the stake was free, winning bets are settled at the relevant odds with the stake deducted to determine the return. There can be time limits on when the bets can be placed to encourage customers to increase their stake unit or bet more frequently.

Event specific formatted free bets

Once the initial deposit has been placed in a new account and the first free bet placed there can be restrictions on the sports and markets on which formatted bets can be placed. It may be that the subsequent bets can only be placed on specific Premier League matches over several weekends.

Some formatted free bets can be used on just one match or event. This means that the customer is compelled to place a selection of bets on a specific event in order to take advantage of the offer. Once that event has finished and there is no more betting on it, the free bets cannot be carried forward to another match.

Examples of a Formatted Free Bet

One of the most prominent examples of a formatted free bet is advertised daily by leading Irish bookmaker Boylesports

The offer is £25 in free bets for new customers. The customer is entitled to up to £25 though the amount received is dependent on the average stake deposited. The process is as follows:

  • The first deposit of up to £10 is rewarded with an initial £5 free bet.
  • After that first free bet is placed the company will credit free bets equivalent to 50% if the next three qualifying bets.
  • This process is repeated for every three qualifying bets for another four times, making a total of up to £25 in free bets on offer.

Conditions of a Formatted Free Bet

In order to bet with the bonus a customer must play through the amount of the deposit on sports and markets. The customer must then repeat this process a specific number of times before a withdrawal can be made. Some formatted free bets require betting of three times the deposit but there are some examples whereby the customer must bet 20 times the amount of the initial deposit.

These free bets are generally offered for betting on sports. The bonus must be used for sports and not for bingo, casino or poker betting. Quite often a time limit is placed on when the process is completed. For example, if the stake rollover requirement has not been met within a certain number of days of the first qualifying deposit the bonus balance will be forfeited.

Another condition is that the first bet must be placed within a certain number of days since the initial deposit was made. In some cases a code must be entered to begin the process. Any transactions made before the code has been entered will not count towards the qualifying criteria.

Bet365 - Full Time Result - Enhanced Prices

This Bet365 offer gives you the option of taking an enhanced price on the full time result of a game for selected matches only applies to games being played in the English competitions, Champions League and Europa League.

Risk Free 20 Football

New Paddy Power customers can receive their stake back in cash up to a maximum of £20 if their first qualifying bet on the sportsbook is a loser.

New customers only, limited to one per person. If you’ve previously had a Paddy Power account, you will not qualify for the offer. Place your first bet on any Sportsbook market and if it loses we will refund your stake in CASH. Max refund for this offer is £/€20. Only deposits made using Cards or Paypal will qualify for this promotion. T&Cs apply.
Risk Free 20 Racing

New Paddy Power customers can place an initial qualifying bet on the sportsbook and will receive a refund in cash (up to a maximum of £20) if it is a loser.

New customers only, limited to one per person. If you’ve previously had a Paddy Power account, you will not qualify for the offer. Place your first bet on any Sportsbook market and if it loses we will refund your stake in CASH. Max refund for this offer is £/€20. Only deposits made using Cards or Paypal will qualify for this promotion. T&Cs apply.
Black Friday Offer - Bet £10 Get £40 in free bets Football

New 888sport customers can receive a total of £40 on free bets if registering a new account and placing a qualifying bet of £10 on a sports market.

New Customers only - £10 minimum deposit using promo code "FOOTBALL" - First bet must be placed on any market - Minimum stake £10 at odds of 1/2 (1.5) - Free bets credited upon qualifying bet settlement and expire after 7 days - Free bet stakes not included in returns - Deposit balance is available for withdrawal at any time. General deposit method & withdrawal restrictions apply & full T&Cs apply.
 Black Friday - Bet £10 Get £40 in free bets Racing

Register a new account using the promo code 'Racing' and after placing a qualifying bet of £10, you will receive £40 in free bets.

New Customers only - £10 minimum deposit using promo code "RACING" - First bet must be placed on any market - Minimum stake £10 at odds of 1/2 (1.5) - Free bets credited upon qualifying bet settlement and expire after 7 days - Free bet stakes not included in returns - Deposit balance is available for withdrawal at any time. General deposit method & withdrawal restrictions apply & Full Ts & Cs.
Ajax 7/1 v Valencia 33/1

New 888sport customers can receive enhanced odds on the Champions League match being played on Tuesday between Ajax and Valencia..

New customers only. £10 minimum deposit using promo code "888ODDS" required. Qualifying bet must be placed at the normal odds Min bet £5, max bet £5. Extra winnings paid in FREE BETS and added within 72 hrs of qualifying bet settlement. Free bet stakes not included in bet returns. Free bets expire 7 days after credit. This offer may not be combined with any other offer. Deposit balance is available for withdrawal at any time. General deposit method & withdrawal restrictions apply & Full T&Cs apply
PADDY POWER FANTASY – GET UP TO £20 BACK AS CASH

New customers can receive a refund of up to £20 in cash on their first Paddy Power Fantasy entry.

New Customer offer, min £5 deposit via Credit/Debit Card or Paypal. Your qualifying entry will be your first settled paid entry. No refund will be applied if you finish in the prize positions. Refunds will be processed within 48 hours after the contest has settled. Max £20 refund. T&Cs apply.
Bet £5 get £30 Horse Racing Welcome Offer

New BetVictor customers wagering £5 receive three £10 free bets - one for any horse race, one for their Lengthen the Odds market and another for any virtual racing market.

New Customers Only. Deposit and bet £5 on Horse Racing at odds of 2.00 or greater within 7 days of registration; excludes cashed out bets. Get 3x £10 Free Bets, for set events only, at odds of 2.00+ expires in 7 days. Credit/Debit Card deposits only. Geo Restrictions apply.  T&C's apply. Please Gamble Responsibly
NFL Risk Free £20 - Bet Money Back IN CASH If It Loses

New Paddy Power customers can receive up to £20 in cash back if their first NFL bet is a loser.

New customers only, Limited to one per person. Bet on any Sportsbook market and if it loses we will refund your stake in CASH. Max refund for this offer is £20. Only deposits made using Cards or Paypal will qualify. T&Cs apply.
Bet £10 on first race: Get £5 for every other race on the card

New customers only (18+) • £10 dep using promo code "RACE888" • Min stake £10 at odds of 1/2 (1.5) • Free bets credited upon qual bet settlement expiring after 7 days.WIthdrawal restrictions and Full T&C’s apply

New customers only (+18) • £10 deposit using promo code "RACE888" • Minimum stake £10 at odds of 1/2 (1.5) • Free bets credited upon qualifying bet settlement and expire after 7 days • Free bet stakes not included in returns • Deposit balance is available for withdrawal at any time. General deposit method, withdrawal restrictions and Full T&C’s apply
Topical Feature Lists

If you fancy a break from the serious side of betting, take a look at our Topical Feature List for a bit of a giggle.

Click Here To View The List »
Download Our App
Free Bets IPhone App
Get the Freebets App on iTunes

Download the free bets finder.

CLICK HERE TO GET THE APP »
Betting Blog

View our latest sports articles in our betting blog

Read Our Blog »
Back to Top