Free play bonuses aren't as sexy or as lucrative as cash bonuses, but that doesn't mean you can't make them pay off for you. If the free play bonus is high enough, there's a good chance you'll be able to convert it into a decent amount of actual cash at minimal or even no risk.
The great thing about a free play bonus is that even if you do come off a little worse and your balance goes south, you weren't playing with your money to begin with!
FREE Play Bonus is different than your regular sign up deposit bonus. A Free Bet/Free Play is a bet where you win only the win amount, as well the Free play bonuses can only be used in your sportsbook account.
The free play bonus is added to a separate bonus balance. You can use the free play bonus to place bets on any sporting event. Only the winnings will be credited to your regular sportsbook account. Once you use your free play to place your bets the free play bonus is gone win, lose, or draw. Free play bonus money has no cash value.
Example: Deposit $500 and receive $250 free play bonus. $500 will be added to your sportsbook account and $250 will be added to your free play account.
If you make a $250 bet on the Jets -7 and you win the bet. The $250 you win will be added to your sportsbook account and will have a new available balance of $750 the $250 you risked from your free play account is lost. You will only be credited the winnings. If you lost the bet then your available sportsbook balance will be $500.
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Free play money can't be used to bet both sides of a game. If you do so your free play bets will be graded no action and you will forfeit your free play bonus.
The best way to turn your free-play bonus into guaranteed cash is to make a bet and then hedge the opposite side at another book. Sister sportsbooks might frown on that and take your winnings so you need to have an account with another none related sportsbook.
In a nutshell, the method has you put your freeplay money on the money line of a HUGE underdog, while simultaneously putting cash on the favorite at at another sportsbook. When properly executed, this method can typically convert 80% of the value of the freeplay bonus to cash. This is much better than you could expect to do by attempting to pick winners.
There are many variations of bonuses to be found at the hundreds of different Sportsbooks across the internet. Which Sportsbook you pick (and the bonuses that go with it) depend on your personal preferences as a player, each Sportsbook has their benefits and drawbacks. Other forms of signup bonuses include; Match Deposit bonuses, and no deposit bonuses.
It is important when choosing an online spotsbook for your entertainment sportsbook dollars to choose a safe and secure online sportsbook that has good customer service. Many of our top rated sportsbooks will offer a free bet bonus at sign up or as thank you reward to be used during global events like the NFL Super Bowl.
Online Gambling Specials: Sign-Up Sportsbook Bonus
Online Wagering Odds: Live Gambling odds
Sports Betting Help: How to get sportsbook help
Sportsbook Rules: The Sports Betting Rules
Sports Betting Deposits: View Banking Deposit options