Bookmakers offer lots of free bets on horse racing. However, it’s worth bearing in mind that they aren’t in fact truly free as you almost always have to place cash bets in order to receive them. A free bet on horse racing with no deposit required is the exception, but these are very rare in this day and age. It’s also important to remember that you want get your stake back when using a bet credit received from any horse racing free bet offers. They do, however, offer you a great chance to build your betting bank. In this article, we will look at the three main free bets on horse racing available, as well as promotions, for you to do just that and make your punting more profitable in the long term. Looking for a football free bet instead? We’ve got you covered.
- Free bets on horse racing available for new and existing customers
- Horse racing free bet offers offered for backing losers and winners
- Get a free bet credit as part of loyalty rewards scheme
Find a bookmaker with free bets
As already mentioned, you will be very lucky to come across a free bet on horse racing with no deposit needed. Some bookmakers, in the now distant past, used to offer free horse racing bets with no deposit required to attract new customers. Now, the main focus is offering free bets on horse racing for existing clients in order to retain their business. This includes bonus credits for backing losers! So, let’s look at some examples. If a horse falls in a selected jumps race some sportsbooks will return your stake up to a certain amount. Alternatively, on the flat, a similar offer applies if your selection suffers a narrow margin defeat – a length or less for example. Meanwhile, if you like multiple bets, most firms offer acca insurance where, if one leg lets you down you will get your stake back as a bet token. All these offers have certain limits and clauses, so make sure you check out the terms and conditions.
Bonuses for backing winners
As well as bonuses for backing losers, aimed at softening the blow and giving you another chance to claw back losses, you can also receive more than just your winnings when successful with your punts. The main scenario for this is when your horse wins by a wide margin. Certain bookies have selected races each day where you can get a bet boost if your pick romps home be a certain number of lengths. This may sound really great, but online firms aren’t daft and will more often than not offer the most fiendishly hard puzzles to solve for this promotion, such as big field handicaps, where meeting the the required minimum distance required is highly unlikely. It is still, however, a nice way to increase your winnings should you have a strong view on one of their chosen races and it duly bolts up!
Look out for loyalty reward schemes
Rewarding customer loyalty for regular betting has become a priority with many online bookmakers, and you can even find offers for a Cheltenham horse racing free bet or Grand National horse racing free bet if you search hard enough. They want you to keep gambling with them rather than be lured away by a competitor. Retaining customers is now as important as getting new ones. This is where “Free Bet” or VIP clubs come in. You sometimes need to opt-in to get involved, but this only has to be done once and is done in a couple of clicks. You then have place a certain number of bets or cumulative amount of money up to a certain threshold each week. Once you hit the target, you will receive bonus tokens as a thank you. Again, it has to be stressed that when placing a bet with your tokens the stake will not be returned in any winnings. There are also usually minimum odds requirements, such as evens (2.0) or bigger, on which they can be used and certain time limits may also apply – so make sure you check out the terms and conditions in detail before getting involved.
We have already touched upon the fallers insurance offer available with some bookmakers, but are now going to look at it in more detail as it’s a fabulous feature for National Hunt fans. Second to the SP favourite is another popular promotion which also now comes under the Betastic spotlight along with what new customers sign up bonuses, which vary widely, are available for you. The important thing is to make sure that whatever the free bets for horse racing are, that they work for you. There are more details on each of these three subjects below.
- Fallers insurance offer protection for potential losses
- Second to the SP favourite secures a bonus credit
- New customer offers aplenty
Fallers insurance, as its name implies, is available only on National Hunt races over hurdles or fences. It does not include bumper races, which are flat contests contested by NH bred horses on many jumps cards throughout the season. Bookmakers will choose specific races, or a meeting, where they will give you your stake back to a specified maximum amount as a bonus credit should your selection fall, get brought down or unseat the rider. Horses that fail to complete through getting pulled up do not qualify for this promotion. There are also varying terms and conditions, which can include timescales in which your bonus tokens must be used and specific odds which must be met when placing your bets with them. It’s therefore vital that you check these out in detail before placing your bets so that you don’t miss out and also meet any criteria involved…
Second to the SP favourite
Sometimes bookmakers give you incentive to take on a red-hot favourite. As a result they offer a promotion called Second to the SP favourite. Whether this is because they don’t want you to back the market leader because it is in their book a good thing and they fear heavy losses could be the ulterior motive for doing so. However, you could be keen to take on the favourite yourself, so it is great if that is the case. Beaten by the favourite is very common during big racing festivals like Aintree, Cheltenham and Royal Ascot. It has also become a popular feature for terrestrial televised meetings. It’s self explanatory as if your horse comes second to the favourite you get your stake, up to a specified maximum amount, back as a bonus token.
New customer offers
As already alluded to, the very best sign up promotion would provide free horse racing bets with no deposit required. Sadly they are few and far between; so, unless you get lucky and stumble upon one, then the reality is that you are going to have to deposit cash to take advantage of new customer offers. There a wide variety of joining incentives offered by online sportsbooks. It all about deciding one best suits your style of punting.Traditional offers, such as getting your first deposit matched with a 50 per cent bonus credit are still widely available. Some firms will offer you an enhanced price about a red-hot favourite for your initial punt, such as 60/1 for an even money shot to win. These usually have low stake limits of just £1, but it is still a great way to boost your betting balance. Another increasingly popular promotion is betting through card where, for example, if you sign up and place a bet of £10 on the first race you get a £5 free bet credit to play with in each of the following five races.
Find the best welcome bonus for you