Some bookmakers will offer you a free bet as a welcome bonus. This bonus is different from a deposit bonus, let’s see how it works.
To gain your free bets, you will usually have to deposit or to bet a certain amount of money. Then the free bet will be added to your account. These bets have the particularity that the free bet stake is not included in the winnings. For example, if you use a 10€ free bet to bet on a team at 2.5 odds, you will gain 15€ from the bet but not the 10€ stake.
Since we do not get back the stake of the free bets, to maximise the profit, it is convenient to bet on an outcome with high odds. The odds should not be too high though, because for high odds it is difficult to find a lay bet close to the back bet. A good compromise is to search for odds between 3 and 6. Our oddsmatcher shows which bets offer the best return for Free bets. Simply click on the Free bets return column and you will order them by the most profitable to the least one. Notice that the Free bet return is different from the normal one. Here an example of an Oddsmatcher with Free bet return, try clicking on Free bet return to order the bets:
William Hill Oddsmatcher
| Exchange | Competition | Game | Outcome | Back odds | Lay odds | Liquidity | Return | Free bet Return | Date |
|---|---|---|---|---|---|---|---|---|---|
| Betfair | Soccer > Scottland > Scottish Premiership | Rangers vs St Johnstone | Rangers | 1.33 | 1.35 | 1469.08€ | 96.77% | 24.01% | 16/02 16:00 |
| Betfair | Soccer > Europe > UEFA Champions League | Tottenham vs Dortmund | Total: Over 2.5 | 1.85 | 1.87 | 12.97€ | 95.83% | 44.03% | 13/02 21:00 |
| Betfair | Soccer > England > English Championship | Hull vs Rotherham | Hull | 1.73 | 1.76 | 4033.46€ | 95.43% | 40.27% | 12/02 20:45 |
| Matchbook | Soccer > Germany > Bundesliga | VfL Wolfsburg vs 1. FSV Mainz 05 | Draw | 4.20 | 4.35 | 15.29€ | 95.1% | 72.46% | 16/02 15:30 |
| Matchbook | Soccer > England > Championship | Preston North End vs Norwich City | Total: Over 2.5 | 1.85 | 1.92 | 207.67€ | 94.97% | 43.63% | 13/02 20:45 |
| Betfair | Soccer > England > English Championship | West Brom vs Nottm Forest | HT: West Brom | 2.45 | 2.48 | 659.48€ | 94.86% | 56.14% | 12/02 21:00 |
| Matchbook | Soccer > England > Championship | Preston North End vs Norwich City | Norwich City | 3.00 | 3.12 | 175.11€ | 94.71% | 63.14% | 13/02 20:45 |
| Matchbook | Soccer > England > League 2 | Crewe Alexandra vs Carlisle United | Total: Over 2.5 | 2.00 | 2.08 | 16.22€ | 94.71% | 47.36% | 12/02 20:45 |
| Betfair | Soccer > Europe > UEFA Champions League | Man Utd vs Paris St-G | Btts: No | 2.40 | 2.44 | 646.76€ | 94.48% | 55.12% | 12/02 21:00 |
| Betfair | Soccer > England > English Championship | Bristol City vs QPR | HT: Bristol City | 2.60 | 2.64 | 23.47€ | 94.41% | 58.1% | 12/02 20:45 |
| Betfair | Soccer > Europe > UEFA Champions League | Tottenham vs Dortmund | Tottenham | 2.15 | 2.20 | 1302.74€ | 94.16% | 50.36% | 13/02 21:00 |
| Matchbook | Soccer > England > Championship | Ipswich Town vs Derby County | Draw | 3.60 | 3.78 | 290.73€ | 93.81% | 67.75% | 13/02 20:45 |
| Matchbook | Soccer > England > Championship | Preston North End vs Norwich City | Draw | 3.40 | 3.58 | 304.46€ | 93.55% | 66.03% | 13/02 20:45 |
| Matchbook | Soccer > England > Championship | Bristol City vs Queens Park Rangers | Draw | 3.50 | 3.72 | 746.31€ | 92.67% | 66.2% | 12/02 20:45 |
| Betfair | Soccer > England > English Championship | Ipswich vs Derby | Draw | 3.60 | 3.70 | 185.15€ | 92.6% | 66.88% | 13/02 20:45 |
| Betfair | Soccer > England > Barclays Premier League | Man Utd vs Liverpool | Draw | 3.50 | 3.60 | 368.24€ | 92.57% | 66.12% | 24/02 15:05 |
| Betfair | Soccer > England > English FA Cup | Chelsea vs Man Utd | Man Utd | 3.40 | 3.50 | 44.86€ | 92.55% | 65.33% | 18/02 20:30 |
| Matchbook | Soccer > Europe > UEFA Champions League | Atlético de Madrid vs Juventus | Draw | 3.10 | 3.30 | 42.37€ | 92.53% | 62.68% | 20/02 21:00 |
| Matchbook | Soccer > Germany > Bundesliga | Hertha BSC vs Werder Bremen | Draw | 3.40 | 3.62 | 187.59€ | 92.51% | 65.3% | 16/02 18:30 |
| Betfair | Soccer > England > English Championship | Preston vs Norwich | Norwich | 3.00 | 3.10 | 73.01€ | 92.42% | 61.61% | 13/02 20:45 |
| Matchbook | Soccer > Europe > UEFA Champions League | Liverpool vs FC Bayern München | Draw | 3.80 | 4.05 | 87.56€ | 92.42% | 68.1% | 19/02 21:00 |
| Matchbook | Soccer > England > Championship | Bristol City vs Queens Park Rangers | Queens Park Rangers | 4.75 | 5.10 | 85.28€ | 91.74% | 72.43% | 12/02 20:45 |
| Betfair | Soccer > Europe > UEFA Champions League | Tottenham vs Dortmund | Dortmund | 3.60 | 3.75 | 775.22€ | 91.34% | 65.97% | 13/02 21:00 |
| Matchbook | Soccer > Germany > Bundesliga | FC Schalke 04 vs SC Freiburg | Draw | 3.80 | 4.10 | 547.26€ | 91.29% | 67.27% | 16/02 15:30 |
| Matchbook | Soccer > Belgium > First Division A | Waasland-Beveren vs KAA Gent | Waasland-Beveren | 5.00 | 5.40 | 370.60€ | 91.2% | 72.96% | 16/02 20:30 |
| Betfair | Soccer > Europe > UEFA Champions League | Ajax vs Real Madrid | Draw | 4.20 | 4.40 | 6357.24€ | 90.59% | 69.02% | 13/02 21:00 |
| Matchbook | Soccer > Netherlands > Eredivisie | Heerenveen vs PSV Eindhoven | Heerenveen | 8.00 | 8.80 | 954.30€ | 89.55% | 78.35% | 16/02 19:45 |
| Matchbook | Soccer > Japan > J. League | AS Roma vs Bologna | Bologna | 8.00 | 8.80 | 315.41€ | 89.55% | 78.35% | 18/02 20:30 |
| Betfair | Soccer > England > English Championship | West Brom vs Nottm Forest | Nottm Forest | 5.00 | 5.30 | 1407.80€ | 89.3% | 71.44% | 12/02 21:00 |
| Betfair | Soccer > England > Barclays Premier League | Arsenal vs Southampton | Southampton | 7.50 | 8.20 | 59.54€ | 86.2% | 74.71% | 24/02 15:05 |
The calculations to get the most profit from a free bet are different from the normal one. As always, we considered that and we made a calculator specific for free bets. You can use this calculator whenever you need to convert a free bet in real money. We will show the same calculator on the free bet offers guides.