Traditionally, bookmakers have bad reputation. However, the innovation of the gambling world and how the method of gambling has evolved has also transformed the image of bookmakers. Nowadays, the rise of the World Wide Web has allowed gamblers to participate in online betting. This means that bettors can place their bets through the internet. People who have been participating in online betting has dramatically increased in number and so does the bookmakers who have been wanting to cater to the increase in the demands of the gambling world. Thus, one good way to rise above competitors and attract more customers is to offer bettors something which they cannot resist. This is why free bets were developed.
Bookmakers offer free bets in order to attract bettors to sign up and try their services with the hopes that these bettors will continue on betting with them after they are able to consume the free bets. Thus, the motivation goes with the hope that these bettors will become their customer which will allow them to get back what they have invested in awarding the bettor the free bet.
Free bets are a sure hit in attracting potential customers because people will always go for something that is risk free. With free bets, bettors are spared from the risk of losing their money. But bettors must be extra careful before they should sign up for any free bet offers. Usually, free bets are given as a bonus once the bettor has placed a qualifying bet. This means that bettors will need to place a real bet before they can qualify for the free bet. This is known as a qualifying bet. Therefore, it is very important for the bettor to read and fully understand the terms and conditions before grabbing an offer because this is where you will see the most important key points that you should be aware of.
For you to be able to enjoy the maximum benefits of a free bet, make sure you take note of the following:
Know what the minimum odd is. Some bookmakers require you to have a qualifying bet which is above the minimum odd. If you fail to do so, your account may be considered void or you may need to bet a certain amount again in order to qualify for the free bet.
Know if the bookmaker requires a roll over. There are some bookmakers who will require you to bet a certain number of times before you will be able to withdraw what you have won. Although there are instances where only one bet is required, there are still some that would require you to bet a couple number of times.
Know the expiry of the free bet. Usually free bets expire after 30 days. Thus, you need to use it before it expires.
Take note of the instructions and make sure you understand. Some offers of free bets have multiple instructions that you must follow for you to be able to collect the free bet in full. Usually you can find the details in the terms and conditions.
Remember that there is no such thing as the same offer. Every single offer has something unique in it. Therefore, you must not become impulsive in grabbing the offer. Make sure that you understand the details. The most important part is, make sure that the company is legit before you join and deposit any amount of your hard earned money.
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Article Added on Friday, January 28, 2011
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