Best Sportsbook Free Bets 2021

Breaking down the best free sports bet offers available in the US!

Free Bets

The Free Bet offer is a popular sign up bonus that sportsbooks utilize to draw in new users. A generous bonus offer, some even offer free bets with no deposit required.

Here, you’ll find some of the best free bet sign up bonuses available on the market. All sportsbooks listed here are licensed, legal, and legit so you can choose any offer below and know you’ll be safe.

Best Free Bet Offers

Bet365

High Value!
  • Eligible for bonus of up to $500
  • Freedom with how you spend bonus
  • Only 1x turnover requirement
  • Low minimum odds of -500
  • Required deposit & wager of at least $10
  • Offer expires after 30 days
Welcome Offer
Up to $500 in Bet Credits
Claim Go to website

New customers only. Make a qualifying deposit (min $10), place bets to deposit value, once they are settled, matched amount in Bet Credits available to use. Bet Credits risk excluded from returns. T&Cs apply.

Website: Bet365.comFounded: 2000
Owner: Bet365Headquarters: Stoke-on-Trent, England
Bet365 Homepage
Bet365 App Store
Bet365 Live Betting

Summary

Author: Patrick Corkery Patrick Corkery

One of the world’s largest betting sites, Bet365 is looking to expand its horizons to the good ole US of A. Founded in 2000 and headquartered in the United Kingdom, Bet365 has been critically acclaimed globally and is often cited as the world’s best online sportsbook. In 2019 they made their first foray into the American market with Bet365 NJ. Their advanced features and Bet365 casino make this a phenomenal site for sharps and intermediates, but novices may be turned off by the uninviting desktop experience and lack of daily odds boosts.

Read full review

Barstool Sportsbook

No Deposit Required!
  • No deposit required
  • Offer only expires after 365 days
  • Also eligible for Risk Free Bet offer & additional free bet for customizing your profile
  • Minimum odds of -200
  • Highest possible value only $10 for sign up bonus
Welcome Offer
$10 No Deposit Free Bet with a
$1,000 Risk Free Bet
Claim Go to website
Website: barstoolsportsbook.com/Founded: 2021
Owner: The Chernin Group, Penn National GamingHeadquarters: New York, NY
Barstool Sportsbook Home
Barstool Sportsbook App
Barstool Sportsbook Odds Boosts

Summary

Author: Patrick Corkery Patrick Corkery

Barstool’s presence on the digital sports media landscape has been inescapable for the better part of a decade now. With a large and loyal audience, they have decided to parlay their market share to their very own Barstool Sportsbook. There are still some kinks to iron out and you may be put off by the notoriously controversial Barstool Sports brand, but Barstool Sportsbook offers users a solid experience bolstered by a great sign up bonus.

Read full review

SI Sportsbook

  • $50 worth of free bets
  • Flexible bonus offer
  • Only 1x turnover requirement
  • You get the bonus whether your initial bet wins or loses
  • Need to place $10 bet first
  • -200 minimum odds
  • Free Bets expire after 7 days
Welcome Offer
Bet $10, Get $50
Claim Go to website
Website: sisportsbook.comFounded: 2021
Owner: Authentic Brands Group & 888 HoldingsHeadquarters: New York, NY
SI Sportsbook Homepage
SI Sportsbook App Gallery
SI Sportsbook NFL

Summary

Author: Patrick Corkery Patrick Corkery

Sports Illustrated is a legendary name in sports media. Since 1954, SI has provided readers across the country with news and analysis they could trust. Now, by partnering with 888, Sports Illustrated has launched its very own sportsbook. While there's still plenty of room to grow, SI Sportsbook provides a very solid foundation to build upon.

Read full review

Sportsbooks With Existing Customer Free Bets

Rank Bonus Turnover Min odds 
1

Risk Free Bet of up to $500

Turnover: 1x bonus amount

Lowest odds:

Claim Go to website
2

2 Risk Free Bets up to $2,000

Turnover: 1x bonus amount

Lowest odds: -200

Claim Go to website
3

Risk Free Bet of up to $1,000

Turnover: 1x bonus amount

Lowest odds:

Claim Go to website
4

Deposit Bonus of up to $1,000

Turnover: 25x bonus amount

Lowest odds: -300

Claim Go to website
5

$10 No Deposit Free Bet with a
$1,000 Risk Free Bet

Turnover: 1x bonus amount

Lowest odds: -200

Claim Go to website
6

Risk Free Bet of up to $1,000

Turnover: 1x bonus amount

Lowest odds:

Claim Go to website
7

Bet $10, Get $50

Turnover: 1x bonus amount

Lowest odds: -200

Claim Go to website
8

100% Deposit Bonus up to $250

Turnover: 1x bonus amount

Lowest odds: -200

Claim Go to website

Free Sports Bets

The free bet offer is one of the most generous sportsbook sign up bonuses available on the market. Often not even requiring an initial deposit, free bet offers allow users to truly test out a sports betting site without actually gambling their own money.

While this bonus type is still available on some sites, it was an extremely popular betting offer when online sports betting was first legalized in 2018. By nature, it is extremely generous to the user so it was very effective at attracting attention for early sportsbooks like DraftKings Sportsbook and FanDuel Sportsbook.

We’ve scoured all of the top legal online sportsbooks for the best free bet offers available today - choose your free bet!

Free Bet FAQ

Everything you need to know about sportsbook free bets!

What sportsbooks offer free bets?

The following sportsbooks offer free bet sign up bonuses:

Which free bet offer is the best?

Both free bets currently available offer good value.

Barstool Sportsbook’s no deposit free bet doesn’t have a wagering or deposit requirement, so you have absolutely no risk.

Bet365’s bonus has a $10 minimum deposit but can be as valuable as $500. Plus, you can split up your bet credits as much as you’d like, giving you more freedom and flexibility.

Are free bets ever offered to existing customers?

Yes. For some specific events, sportsbooks will offer free bets for existing customers. These offers are used to keep you coming back to the sportsbook instead of leaving for a new sportsbook’s sign up bonus.

Are there limits on free bets?

Yes, there are various limits placed on free bets offered by sportsbooks. These can include the amount of money offered to you by the promotion, what games you can bet on, and the minimum odds on bets you can place using your bonus money.

Can you use free bets on casinos?

Yes. This can vary from site to site, but many sportsbooks will allow you to wager your bonus free bet on their casino platforms (if they have one). However, it should be noted that certain wagering requirements, such as minimum odds and turnover, can differ if you use your free bet on the casino.

Are free bets different than risk free bets?

Yes. Free bets do not always require you to place a bet before receiving your bonus, and even if they do the result of your qualifying wager shouldn’t matter.

More information on risk free bets.

Free Bet Sign Up Bonuses

Free Bet sign up bonuses are an extremely generous way to get new users in the door. The downside to this generosity is that they are offered far less commonly than some other types of sportsbook sign up bonuses, such as risk free bets and deposit bonuses. Free bet sign up offers will always require you to sign up. However, free bets may not always require you to deposit or place a bet to unlock the offer, and they certainly don't require you to lose your first bet like risk free bet offers do.

Free bets are the most user-friendly bonus out there, but this also means sportsbooks don't give them out quite as often. However, existing customer free bets are a bit easier to find once you've already signed on with a sportsbook.

Free Bet Sign Up Bonuses

  1. Bet365 - Up to $500 in Bet Credits after depositing & wagering at least $10
  2. Barstool Sportsbook - $10 No Deposit Free Bet just from signing up
  3. SI Sportsbook - $50 Free Bet after first $10 real money bet

Free Bet Offers

  1. Up to $500 in Bet Credits

  2. $10 No Deposit Free Bet with a
    $1,000 Risk Free Bet

  3. Bet $10, Get $50

Existing Customer Free Bet Offers

While free bet sign up offers are great, they can only be used once. A practice employed by many sports betting sites is to regularly offer free bets to existing customers.

This keeps them coming back for more and offers more value than just the basic sign-up bonus.

Regular free bet promos can be varied. Often they are themed around a special event, like the Olympics, March Madness, or a game in which the betting site has some sort of sponsored interest. Additionally, sportsbooks that feature pools often offer free entry into their daily pools, allowing you to win cash prizes with no money down.

888 Sport Free Bet

888 Sport offers users a free bet after completing their first live bet

Other times, sportsbooks will require action on your part to unlock a free bet promo. This can include referring a friend to use the site or just using one site feature for the first time.

Sportsbook Existing Customer Free Bets

Free Bet Promos for Existing Customers

  1. Risk Free Bet of up to $500

  2. 2 Risk Free Bets up to $2,000

  3. Risk Free Bet of up to $1,000

  4. Deposit Bonus of up to $1,000

  5. $10 No Deposit Free Bet with a
    $1,000 Risk Free Bet

  6. Bet $10, Get $50

  7. Risk Free Bet of up to $1,000

  8. 100% Deposit Bonus up to $250

Sportsbook Risk Free Bets

Unibet Risk Free Bet

Unibet currently offers users a risk free bet for signing up

Currently the most popular sportsbook bonus on the market, the risk free bet puts both the player and the betting site in a position to succeed.

You start by placing a real-money wager. If your bet wins, you don’t get anything. However, if you lose you’ll be refunded your bet amount, usually in on-site credits.

FREE BETS VS. RISK FREE BETS
Patrick Corkery

Patrick Corkery

While they may sound similar, risk free bets and free bets are quite different in how they function.

Risk free bets will always require you to wager with your own money. If you lose, you get refunded your bet amount, usually in on-site credits.

Free bets typically don’t necessitate that you place a wager. Sometimes you don’t even need to make a deposit!

Free bets are more user-friendly, but they offer a lot more risk to the sportsbook, so risk free bets are offered far more regularly.

So you have defacto bet insurance, but you’ll only get the benefit if your bet loses.

Due to how comparatively beneficial it is for the sportsbook, top betting sites like PointsBet, 888 Sport, Unibet, and FanDuel Sportsbook have all adopted this model.

Top Risk Free Bet Offers

Risk Free Bet Offers

  1. 2 Risk Free Bets up to $2,000

  2. Risk Free Bet of up to $500

  3. Risk Free Bet of up to $500

  4. Risk Free Bet of up to $5,000

  5. Risk Free Bet of up to $1,000

What is a Free Bet?

With more and more legal online betting platforms being certified across the country, sportsbooks need to make themselves stand out. To do so they will offer valuable sportsbook bonuses to new users as a carrot to entice customers to their platform.

One of the most valuable betting offers available is the free bet. Free bets are so valuable because they are truly free. Different from the risk free bet, free bets allow you to play with house money, so to speak, and not risk any of your own hard-earned cash upfront.

The betting site will deposit a certain amount of on-site credits into your account. You can then play with these credits instead of money you’ve deposited.

This is obviously a great value for the player since they don’t take on any risk and get to try out the sportsbook for free. The sportsbook benefits by marketing this promotion and using it to draw in new customers. As long as the player sticks around to bet on their site, the sportsbook’s investment has paid off.

Sportsbook Free Bet No Deposit Offers

Barstool Sportsbook Free Bet

Barstool Sportsbook is currently offering new users a free bet with no deposit required

One very interesting twist with this type of bonus offer is that they are often offered with little-to-no initial investment required on your part.

The no deposit free bet offered by some sportsbooks is an incredible value for first-time bettors. You can test drive the site with absolutely no risk. You can see how things work and what some betting terms mean in a real-life scenario.

The best part is that you’ll be able to keep your winnings in most offers. This can of course differ from site to site depending on turnover requirements, but oftentimes you’ll find sites have a simple 1x turnover requirement for bets of this type.

Barstool Sportsbook FREE BET NO DEPOSIT OFFER

Barstool Sportsbook Free Bet No Deposit

$10 No Deposit Free Bet with a
$1,000 Risk Free Bet

Barstool Sports has built its brand by pushing the boundaries. Although this has ruffled a lot of feathers over the years, the Frat Guy sports blog of choice has grown into a bonafide digital media empire.

With the launch of Barstool Sportsbook in 2020, they are looking to grow even more.

Barstool Sportsbook offers users an extremely generous two-pronged sign up bonus

New users to Barstool Sportsbook are eligible for up to no deposit free bet of $10 just by signing up. Once you complete your registration, it will be eligible for use almost instantly.

Barstool even follows this offer up with a secondary bonus - a risk free bet of up to $1,000.

This two-pronged approach makes for an extremely generous offer and will certainly set you up for success.


How do Sportsbook Free Bet Bonuses work?

Free bets can be offered in different ways depending on the site you’re using. There can be different requirements for unlocking your offers, as well as different ways in which your offer can be utilized.

Let’s dig into these two areas.

Free Bet Qualifying Requirements

While free bet no deposit offers are fantastic and offer you the best value, they are often not available. These types of offers have relatively little value to the sportsbook itself, outside of drawing in a new customer, and even then there’s no way of stopping the user from using the bet and then never coming back to the site.

To prevent this and make sure they get value in return, sportsbooks usually require you to make an initial qualifying deposit or wager. These can be as low as $5 or $10, but they guarantee that the sportsbook receives some ROI out of offering the free bet.

For example, to unlock Bet365’s bet credits offer, you must first make a qualifying deposit of at least $10.

Free bets that require you to make a qualifying deposit are very similar in structure to deposit bonuses, another popular sportsbook bonus.

How you can spend your free bets

Another element that can vary from offer to offer is how you can spend your bonus money.

Some sites offer you free bets in lump sums. This means that you can only spend your total bonus amount on one bet. While this is still nice to have, it is not the most flexible bonus, so it doesn’t offer the highest value.

The best free bet offers will allow you to divvy up your bonus amount however you like. So if your free bet bonus is for $10, you’ll be allowed to place 10 $1 wagers or 1 $10 wager (or anything in the middle of those two extremes, of course).

Also known as ‘Bet Credits,’ these offers are much more flexible for the user and make for the best free bet bonuses.

Bet365 Live Streaming

After signing up and depositing with Bet365, you'll be entitled to a very flexible bonus offer and eligible for a phenomenal suite of live betting features

Bet365 Bet Credits

Bet365

Up to $500 in Bet Credits

Still slowly expanding in the US, Bet365 is one of the world’s most foremost betting sites. In fact, this British book is the most popular online sportsbook on Earth.

Their deep suite of features, like the country’s finest live betting experience, has made Bet365 the darling of smart sports bettors worldwide.

New users to Bet365 are eligible for up to $500 in bet credits after completing registration. Simply deposit at least $10 and Bet365 will match your deposit amount in bet credits up to $500. Functionally, this works a lot like a deposit bonus.

After receiving your bonus, you can divvy up your bonus cash however you’d like. This kind of freedom and flexibility makes Bet365’s bonus one of the strongest on the market today.

Play Now

New customers only. Make a qualifying deposit (min $10), place bets to deposit value, once they are settled, matched amount in Bet Credits available to use. Bet Credits risk excluded from returns. T&Cs apply.


Free Bet Offer Expiration

Nothing lasts forever. Unfortunately, that's also true for free bet offers. While the exact timeline can vary from site to site. No sportsbook's sign up bonus is eligible for use in perpetuity. While Barstool Sportsbook's free bet offer will expire a year after registration. That's quite a long timeline, but unfortunately the exception, not the rule. For example, Bet365's bet credits must be used within 30 days of signing up as a new user.

As always, this restriction can differ greatly across sportsbooks, so make sure to double-check your terms and conditions before allowing your free bet opportunity to expire!

Free Bet Bet Type Restrictions

Bet365 Parlay Bonus

Bet365's bet credits are ineligible for use with their ongoing promotions, such as parlay bonuses

Sportsbooks usually place restrictions on what bet types free bets can be used with. Luckily, Barstool Sportsbook and Bet365 are both fairly liberal with their sign up offers and allow you to engage in multi-leg wagers. However, it is not unheard of for a sportsbook to restrict a free bet sign up offer to only straight bets, meaning no parlays are eligible.

As a general rule of thumb, sportsbook free bets are not eligible for casino wagers, cannot be used on pre-existing promotional wagers such as odds boosts and multipliers, and do not qualify for other bonuses.

For example, Bet365's bet credits can be used in parlay bets, however, any parlay wager placed using your bet credits will be ineligible for the sportsbook's various parlay bonuses offered to regular users.

    SI Sportsbook Promo

    SI Sportsbook Free Bet

    Bet $10, Get $50

    In 2021, Sports Illustrated and 888 launched their new collaboration - SI Sportsbook

    The hope is that Sports Illustrated's brand recognition in the US and 888's online betting know-how will combine to produce a successful sportsbook, similar in style to FOX Bet and Barstool Sportsbook - other media companies that have successfully launched sports betting verticals.

    New users to SI Sportsbook are eligible for $50 in free bets after sign up. All you have to do is place a $10 real-money qualifying wager. Once your bet is settled, you'll receive $50 worth of free bets whether your qualifying wager wins or loses.

    After receiving your free bets, you can bet your bonus cash however you’d like - 1 $50 bet, 50 $1 bets, or anything in between!


    What to look for in Free Sports Bet Offers

    Even with free bet offers, there might be some strings attached. It’s your responsibility to keep yourself informed of all of the different key features that could impact the potential value of your free bet.

    Here are some things to look out for when signing up for a sportsbook with a free bet.

    Pro Tip: Use the Minimum Odds to Your Advantage
    Ben Smith

    Ben Smith

    You can use the minimum odds requirement as a guide for how to best convert your bonus into cash. By familiarizing yourself with the requirement before playing, you can then find the friendliest odds possible and bet your money on that. This way you’re taking on as little risk as possible when converting your bonus

    How to Qualify

    With no deposit free bet offers, this will not be something you need to worry about. The bonus will simply be in your account after registration. Such is the case with Barstool Sportsbook’s current sign up bonus offer.

    However, most free bets will require an initial wager or deposit. Sometimes free bets will function similarly to deposit bonuses, measuring your initial qualifying deposit and matching it up to a certain amount. Bet365’s current bonus structure works like this and will match your first deposit of $10 or more up to $500.

    Turnover

    If you don’t know, a sportsbook bonus’s turnover requirement (also known as a playthrough requirement) is the number of times you must bet your bonus amount in order for it to be converted into real cash.

    For free bet offers you will often just have to wager your bonus once, however, some bonuses will require you to bet your bonus several times over before you can withdraw.

    This detail is usually included prominently in the Terms and Conditions of your bonus offer, so read up!

    Flexibility

    This has been touched in a little bit already, but it’s worth bringing up again.

    Free bet bonuses have two basic structures: lumpsum bonuses and flexible bonuses.

    The lumpsum structure requires you to place your entire bonus on one bet, without being able to spread your site credits across multiple wagers.

    The more flexible structure allows you to spread your free bet money across multiple wagers. This way you won’t lose all of your bonus on one bet.

    The lumpsum structure is more adherent to the definition of a ‘Free Bet,’ but the flexible structure allows the user much more freedom and safety in how they wish to spend their bonus.

    Minimum Odds

    For a bonus with a low turnover requirement, it would be very easy to place a bet with surefire odds (-500 or lower) and simply convert your bonus into cash.

    To prevent this exploit, most sportsbooks attach a minimum odds requirement to their bonuses. This means that there are no loopholes for you to work around and steal some cash from the betting site without any risk on your end.

    While this information is available in the Terms and Conditions of your bonus, the sportsbook will typically not even allow you to bet your bonus on an outcome that does not fit within these parameters. The option to use your bonus money will not be available, or they will not process the wager and you’ll get a message informing you why the bet couldn’t go through.

    Other Sportsbook Bonuses

    Free bets are very generous but being so generous has also made them less frequently offered by sportsbooks. So, other bonus offers have grown in popularity.

    Sportsbook Deposit Bonus

    BetRivers Deposit Bonus

    New users to BetRivers are greeted with a deposit bonus

    Deposit bonuses are another common sportsbook bonus you’ll see offered.

    Here, the sportsbook will evaluate how much you place into your initial deposit. From there, they will usually match that amount up to a certain extent.

    More user-friendly than the risk free bet, but less generous than the free bet, deposit bonuses are offered by sites like DraftKings Sportsbook and BetRivers.

    Sportsbook Deposit Bonuses

    Sportsbook Deposit Bonuses

    1. Up to $500 in Bet Credits

    2. 100% Deposit Bonus up to $250

    3. Deposit Bonus of up to $1,000

    Sportsbook Bet $10 Get $50

    SI Sportsbook Bet 10 Get 50

    SI Sportsbook offers new users a Bet $10 Get $50 sign up bonus

    Of course, once they get you in, sportsbooks want to ensure that you'll actually wager with them and are on the path to being a regular user of their platform. To accomplish this goal, some sign up bonuses are locked until you have actually wagered with the site. This is the case with Bet $10 Get $50 offers.

    Bet $10 Get $50 offers reward you for betting $10 on the sportsbook by rewarding you with $50 in free bets after your wager is concluded. You get your bonus whether your bet is a stud or a dud.

    Bet $10 Get $50 offers are commonly presented to existing customers around major sporting events, but SI Sportsbook is currently offering a Bet $10 Get $50 sign up bonus.

    Sportsbook Odds Boosts

    Sportsbooks often offer enhanced odds to users as a bonus to keep them coming back to the site. These odds boosts alter the given odds of an outcome in order to make a potential winning bet even more profitable!

    Depending on the sportsbook, odds boost can be offered for straight bets, parlays, or both. FOX Bet regularly employs "super boosts" for straight bets, while BetMGM has extensive parlay boosters.

    More often than not, these odds boosts are offered to existing customers and are not a part of or eligible to be combined with a sign up bonus. Occasionally, these odds boosts are offered in conjunction with a team or league with which the sportsbook has a partnership.

    Sportsbooks with Odds Boosts

    Sportsbook Odds Boosts Promotion

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