Free Bets Explained and Best Offers for NZ

Free Bets Rules

As you might’ve guessed, all different free bets come with a set of bonus terms. That’s why it’s essential you read the terms and conditions carefully before you sign up for an offer. That way, you’ll avoid any unnecessary disappointment further down the road.

Although the free bets we’ve mentioned are slightly different from each other, they all tend to have similar bonus terms. Some rules are specific to a particular type of free bet, but in most cases, you can expect to see the following things mentioned in the bonus terms:

• Minimum odds
• Maximum stake
• Wagering requirements
• Maximum payout
• General terms and conditions

For starters, almost all free bets require you to bet on odds of a certain level or higher. Typically, the minimum odds lie around 1.20 to 1.40. It’s also not uncommon for bookies to implement a maximum stake as a form of cost control – that way, there’s a limit to how big of a refund you can get.

Sometimes free bets are credited as bonus money. That means you need to wager the money to convert it into cash you can withdraw. Generally, the wagering requirements for bonus money lie somewhere between 5x and 8x. In most cases, the minimum odds rule will apply when you wager your bonus.

Certain free bets don’t limit your stake. Instead, the operator will set a maximum payout as a means of effective cost control.

Last but not least, all free bets are subject to the bookmaker’s general terms and conditions. You’ll always find these user terms linked on the designated promo page.

Other types of online sports betting offers

So far, we’ve spoken a lot about free bets – but these aren’t the only exciting promos that online bookmakers offer. In conjunction with all different free bets, there are also deposit bonuses and cashback bonuses. And both these promos deserve to be mentioned.

Deposit bonuses

Now we’re talking about bonus money that you’re given by the bookmaker when you make a deposit. Deposit bonuses are always expressed as a percentage of your deposit, and they come with a max cap. For instance, a typical deposit bonus could look something like this:

100% bonus up to $100.

This means the bookie will give you $100 in bonus money when you deposit $100. So, instead of getting rewarded with bet tokens, you’ll get bonus money instead. In this sense, deposit bonuses allow for more flexibility as you’re not forced to place bets with a predefined stake. 

As far as wagering requirements and bonus terms go, deposit bonuses are very similar to free bets. You’ll need to wager the bonus money a certain number of times at specified odds or higher.

Cashback bonuses

In a way, cashback bonuses can be seen as a merge between deposit bonuses and free bets. 

Here, you get refunded in bonus cash that you can use as you please. In other words, the refund is not tied to a predefined stake. And just like deposit bonuses, the refund is expressed as a percentage. In most cases, the percentage isn’t relative to your deposit, but to your net losses instead. However, some online bookmakers give cashback on deposits as well.

Just like free bets and deposit bonuses, cashback bonuses come with bonus terms and wagering requirements. In most cases, you’ll be given bonus money that you must wager a certain number of times at specified odds or higher.

Where can I find the best free bets offers?

You’ll be pleased to know that most prominent betting sites offer a wide range of promos. You can almost expect all betting sites to offer profit boosts, enhanced odds and various kinds of free bets. 

We’ve sorted some of the best online bookies on this page to make your life easier. That way, you can quickly compare some of the world’s best betting sites and find the one that’s best suited to you.

We also suggest that you take a close look at the operators’ promo pages to see what free bets and bonuses they offer. If you like placing Acca bets, for instance, a specific bookmaker might be better suited for you than another one. 

If sports betting is new to you, you might want to opt for a bookie that offers no deposits free bets instead. That way, you can play risk-free and get more familiar with online sports betting.

How to get a free bet in 2021

To get a no deposit free bet you need to find a bookie that offers them. Once that’s done, you’re only a few steps away from betting for free. This is how you get a no deposit free bet 2021:

1. Find a NZ betting site that offers no deposit free bets.
2. Click Register or Sign up.
3. Enter your name, e-mail address and personal details. You might be asked to state your address and telephone number.
4. Complete the registration process and verify your account.

As soon as you’ve signed up, you should have the no deposit free bet available in your account right away. 

List of online bookmakers offering free bets to NZ players

No Code Required

4.3/5

Get a Free Sports Bet up to $60

Go to Betway Go to review

New Customers from New Zealand only. Min Deposit: 10 NZD. First deposit matched up to 60 NZD. 1 x wagering at odds of 1.75+ to unlock Free Bet. Credit Card and Debit Card deposits only. 18+. T&Cs apply.

No Code Required

4.5/5

Matched bonus up to $50 in free bet

Go to Leovegas Go to review

New customers only. 18+. T&Cs apply.