Understanding Betting Apps with Free Money Bonuses

Discover Betting Apps with Free Money Bonuses

Are you tired of losing your hard-earned cash at sports betting? What if you could get free money to test your betting strategies and maybe even increase your winnings? Welcome to the world of betting apps that offer free money bonuses! In this article, I’ll show you the top betting apps with these great offers. They can help you make the most of your sports betting experience.

Key Takeaways

  • Betting apps are offering free money bonuses to attract new users and reward loyal customers.
  • These bonuses come in various forms, including risk-free bets, free bets, and deposit matches.
  • Leveraging these free money offers can help you build your bankroll and try new betting strategies without risking your own funds.
  • Always read the fine print to understand the terms and conditions before claiming a bonus offer.
  • Comparing multiple betting app bonuses can help you find the best deal for your betting preferences.

Understanding Betting Apps with Free Money Bonuses

Betting apps offer free money bonuses that can help sports bettors get started. These deals give you free bets or bonus bets, sometimes without needing to deposit money. The best part is, you can bet without using your own cash, and any winnings are yours to keep.

What are Free Money Bonuses?

Free money bonuses, also known as “no deposit bonus bets” or “risk-free bets,” are special offers for new customers. They usually come as free bets, bonus credits, or refunds on your first bets. The aim is to let you try out the app and its features without risking your own money.

How Do Free Money Bonuses Work?

  • To get the bonus, you often need to make a minimum deposit or place a qualifying bet.
  • Then, the bonus funds are added to your account. This lets you bet without using your own money.
  • If your bet wins, you get to keep the winnings. But, you might need to meet certain wagering requirements before you can withdraw the bonus or winnings.
  • It’s key to read and understand the terms and conditions of free money bonuses before you claim them.

By knowing how free money bonuses work, sports bettors can use these offers to boost their bankroll and increase their winnings. It’s a smart way to start in sports betting without risking your own money.

Top Betting Apps that Give Free Money

Online sports betting has some top apps that really stand out for their free money bonuses. These apps aim to draw in new users and keep the regulars happy with sign-up offers and promotions. Apps like FanDuel, DraftKings, BetMGM, and Caesars Sportsbook are leaders in giving out free money to their users.

FanDuel: Bet $5, Get $200 in Free Bets

FanDuel is a top sports betting site that gives a “bet $5, get $200” welcome bonus. If your first bet of $5 wins, you get $200 in free bets with no extra requirements. It’s a big win for users, and FanDuel has won several awards for its great offers.

DraftKings: Bet $5, Get $150 in Free Bets

DraftKings also offers a “bet $5, get $150” deal for new users. Just deposit $5 and bet at least $1 on NHL or NBA games to get $150 in free bets. This lets you try out the app without using your own money.

BetMGM: Risk-Free First Bet Up to $1,000

BetMGM is known for its sports betting and gives a risk-free first bet of up to $1,000. If your first bet loses, they’ll refund it as bonus bets. This gives you a chance to try out their platform without losing your money.

Caesars Sportsbook: $1,000 First Bet Insurance

Caesars Sportsbook is famous for its great customer service and offers a $1,000 first bet insurance. If your first bet doesn’t win, they’ll give you the money back as bonus bets. This gives you another chance to enjoy their services.

Bet365: Bet $5, Get $150 in Free Bets

Bet365 is a top sports betting site that offers two welcome bonuses. You can get $150 in bonus bets or a “$1,000 First Bet Safety Net.” The $150 bonus is easy to get and a good choice for new users.

These top betting apps offer great free money bonuses and promotions. They’re perfect for both new and experienced bettors. Whether you like football, basketball, or other sports, these apps make betting more fun and rewarding.

FanDuel: Bet $5, Get $200 in Free Bets

FanDuel’s welcome bonus is a top choice for sports betting fans. New users get a “Bet $5, Get $200 in Free Bets” deal. This is a great way to start betting with FanDuel Sportsbook.

FanDuel Bonus Details

To get the FanDuel sign-up bonus, you need to deposit at least $10 and bet $5 first. After your bet wins, you’ll get $200 in bonus bets within 72 hours. This offer is open in many states like Arizona, Colorado, and Connecticut, among others.

The bonus has no wagering requirements or market limits. This means you can use the bonus however you like. Remember, this offer ends on February 11, 2024, so act fast.

How to Claim FanDuel’s Offer

Here’s how to get the FanDuel “Bet $5, Get $200 in Free Bets” deal:

  1. Download the FanDuel Sportsbook app or visit the website.
  2. Create a new account and finish signing up.
  3. Deposit at least $10 using a banking method.
  4. Place a $5 or more bet on any market.
  5. If your bet wins, you’ll get $200 in bonus bets within 72 hours.

With the bonus, you can bet on sports like NFL, NBA, MLB, NHL, and more. There are no limits. You can cash out your winnings after meeting the terms and conditions.

DraftKings: Bet $5, Get $150 in Free Bets

DraftKings is a big name in sports betting. They offer a great welcome bonus for new users. With their “Bet $5, Get $150 in Free Bets” promotion, you can start your sports betting journey with more money.

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, barstool promo code sportsbook

To get the sign-up bonus, just deposit $5 and bet $5 on any sport. You’ll get $150 in free bets right away. This deal is for new users in states like Arizona, Colorado, and others.

You’ll get six $25 free bets to use on any sportsbook bet. You have seven days to use these bets. They don’t affect your winnings from future bets.

No promo code is needed for this DraftKings promotion. The free bets are yours and can’t be given away or refunded. Still, it’s a great way to try out the platform and maybe make some money with less risk.

If you’re ready to start sports betting with a boost, don’t miss out on DraftKings’ “Bet $5, Get $150 in Free Bets” offer. It’s a fantastic way to begin your betting journey and maybe earn some money from home.

BetMGM: Risk-Free First Bet Up to $1,000

BetMGM is a top app that gives out free money bonuses. It offers a risk-free first bet of up to $1,000. This lets new customers bet without worrying about losing money. If they do lose, BetMGM will give back the full bet as bonus bets.

BetMGM’s Risk-Free Bet Details

The offer is for a risk-free first bet up to $1,000. This gives new users a big chance to bet without risk. The rules are clear about accepting and using the Bonus Bet responsibly.

There are rules about Force Majeure Events that might stop the Bonus Bet. These include things like acts of God and pandemics. The Disclaimer also covers technical failures and other issues that could happen during the Sports Promotion.

Claiming the BetMGM Offer

To get the risk-free first bet, new customers need to deposit at least $10 and use the code “COVERSBONUS1000” when signing up. The rules say the Promoter’s decisions are final and binding. It’s key to understand and follow the rules to join the promotion.

New customers can get Bonus Bets as part of the sign-up bonus. These Bonus Bets must be used within seven days for both new and existing customers. This risk-free chance lets bettors try out BetMGM and maybe start their sports betting journey with more money.

Caesars Sportsbook: $1,000 First Bet Insurance

Caesars Sportsbook is a top choice for sports betting with its $1,000 first bet insurance for new players. This offer gives everyone, from beginners to pros, a chance to bet safely online. It’s a great way to start your sports betting journey.

Here’s how it works: if your first bet loses, Caesars Sportsbook will refund it, up to $1,000. This refund comes as bonus bets. So, you can bet without worry, knowing you’re covered.

To get this caesars sportsbook bonus, just sign up on the Caesars Sportsbook site or app. Then, deposit at least $10 and place your first bet. The caesars betting welcome bonus will kick in, and you’ll get the refund if you lose.

The caesars sportsbook first bet offer is very flexible. You can use the bonus bet on any market or type of bet. There are no limits on how much you can win from the bonus bet either.

This offer is open in many states like Arizona, Colorado, and more. So, wherever you live, you can enjoy this great chance to bet on sports.

For both new and experienced bettors, the Caesars Sportsbook caesars sportsbook first bet offer is a great deal. With $1,000 first bet insurance, you can bet with confidence and maybe even make money from your hobby.

Bet365: Bet $5, Get $150 in Free Bets

Bet365 is a top choice among betting apps with its “Bet $5, Get $150 in Free Bets” offer. This deal helps new customers start their sports betting with more money. It’s a great way to boost your betting funds right from the start.

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Bet365’s Free Bet Offer

Here are the details of bet365’s free bet offer:

  • New customers get $150 in free bets with a $5 bet.
  • You get the free bets even if your first $5 bet doesn’t win.
  • Or, bet365 offers a $1,000 First Bet Safety Net. If your first bet loses, you get a refund as a bonus bet.
  • Bet365 is available in ten states: Arizona, Colorado, Indiana, Iowa, Kentucky, Louisiana, New Jersey, North Carolina, Ohio, and Virginia.

How to Get Bet365’s Bonus

Here’s how to get the bet365 “Bet $5, Get $150 in Free Bets” offer:

  1. Go to the bet365 website or app and create a new account.
  2. Deposit at least $10 within 30 days of signing up.
  3. Place a $5 bet with odds of -500 or higher. You’ll get the free bets after your bet settles.
  4. Use the bonus bets within 7 days and they can’t be turned into cash.

Whether you pick the “Bet $5, Get $150” or the $1,000 First Bet Safety Net, bet365 offers a great way to start your sports betting. Don’t miss out on this chance to boost your betting with a big bonus. Explore the many sports and markets on the bet365 platform.

betting apps that give free money

Sports betting fans are always looking for ways to get free money from betting apps. These apps offer welcome bonuses like free bets to draw in new users. This lets you bet without using your own money, making them a hit with bettors.

Bet365, a top sportsbook, has been around for over 20 years and has over 45 million players worldwide. They give a generous welcome offer of $150 in free bets when you bet just $5.

BetMGM is another big name, offering a risk-free first bet of up to $1,500. If your first bet loses, BetMGM will give you the money back as bonus bets. Plus, you can earn rewards points to get bonus bets and other digital bonuses.

Betting App Free Money Bonus Key Features
Bet365 $150 in Free Bets – Global leader with over 45 million users
– Bet $5, Get $150 in free bets
– Offers live in-game betting
BetMGM Risk-Free Bet Up to $1,500 – Refunds up to $1,500 if first bet doesn’t win
– Allows users to earn rewards points
– Offers Same Game Parlay feature
FanDuel $200 in Free Bets – Bet $5, Get $200 in free bets
– Offers a wide range of sports betting options
– User-friendly mobile app
DraftKings $150 in Free Bets – Bet $5, Get $150 in free bets
– Known for its daily fantasy sports offerings
– Provides a seamless betting experience

FanDuel and DraftKings also offer free money bonuses. FanDuel gives $200 in free bets for a $5 bet, and DraftKings offers $150 in free bets for the same bet. These apps have lots of sports betting options and easy-to-use mobile apps, making them great for bettors.

When picking a betting app, make sure to read the terms of the free money bonuses. Know about any playthrough requirements or expiration dates. Using these offers can help you grow your bankroll and try out new betting strategies without using your own money.

Popular Sports for Free Money Bonuses

Sports betting fans can find great free money bonuses for the NFL and NBA. These leagues are very popular and attract a lot of bets. Sportsbooks offer welcome offers and free bets to get new customers interested in these big games.

NFL Free Bets

The NFL is a top sport in the U.S. and very popular for betting. Sportsbooks give out big free bet incentives to draw in new customers. These free bets for nfl betting help bettors start without using their own money.

NBA Free Bets

The NBA is also a big hit with sports bettors. Sportsbooks offer free bets for nba betting and other sports betting bonuses by sport to attract new players. These bonuses are a great chance for bettors to try NBA betting without a big investment.

Sportsbook NFL Free Bet Offer NBA Free Bet Offer
FanDuel Bet $5, Get $150 in Bonus Bets Bet $5, Get $150 in Bonus Bets
DraftKings Bet $5, Get $150 in Bonus Bets Bet $5, Get $150 in Bonus Bets
BetMGM Risk-Free Bet up to $1,000 Risk-Free Bet up to $1,000
Caesars $1,000 First Bet Insurance $1,000 First Bet Insurance
Bet365 Bet $5, Get $150 in Bonus Bets Bet $5, Get $150 in Bonus Bets

The table shows that sportsbooks offer free bets for nfl betting and free bets for nba betting across many sports. This gives bettors many options to try different leagues and markets. By knowing these sports betting bonuses by sport, bettors can grow their bankrolls and have fun betting on sports.

Pros and Cons of Free Money Bonuses

Betting apps often offer free money bonuses that can be tempting. These deals let bettors place bets without using their own cash. They could win money from these free bets. But, like any gambling offer, there are good and bad sides to consider.

The Benefits of Free Money Bonuses

  • Risk-free betting: Free money bonuses let bettors try out sportsbooks or new betting strategies without losing their own cash. It’s a good way to get familiar with the platform and feel more at ease with betting.
  • Potential for additional winnings: If a bettor wins with a free bet, they can keep the winnings without using their own money for the bet.
  • Boosted bankroll: Free money bonuses can increase a bettor’s bankroll temporarily. This lets them place bigger bets or try out more complex betting options.

The Drawbacks of Free Money Bonuses

  1. Wagering requirements: Many free money bonuses have strict wagering requirements. This means bettors must bet the bonus amount a certain number of times before they can take out any winnings. These requirements can make it hard to turn the bonus into real cash.
  2. Limited use: Free money bonuses often have rules on how they can be used. For example, they might only apply to certain sports, bet types, or minimum odds. This can limit a bettor’s options and reduce the bonus’s value.
  3. False sense of confidence: The availability of free money bonuses might make some bettors take on riskier bets. They feel they’re not risking their own money. This can lead to bigger losses over time.

Whether to use free money bonuses is up to each bettor. It depends on their goals, how much risk they can handle, and their understanding of the terms. By thinking about the good and bad sides, bettors can decide if these offers fit their betting plans.

Tips for Maximizing Free Money Bonuses

As a savvy bettor, reading the terms and conditions of free money bonuses is key. It might not be fun, but it’s vital to know the rules before betting. This helps you understand any limits or needs of the bonus.

Comparing offers from different sportsbooks is another smart move. Not all free bet deals are the same. Look for ones with big match rates, easy-to-meet rollover needs, and long expiration dates.

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Read Terms and Conditions

Free money bonuses have fine print that matters. Always check the terms and conditions before taking a bonus. You’ll want to know about:

  • Minimum deposit or wager amounts
  • Rollover or playthrough requirements
  • Eligible sports, markets, or bet types
  • Time limits for using the bonus
  • Restrictions on withdrawing winnings

Shop for the Best Offers

Many sportsbooks want your business, so it’s smart to compare their offers. Find bonuses with big match rates, low rollover needs, and long expiration dates. This way, you can make the most of your free bets and maybe even win real money.

Remember, free money bonuses should be seen as chances to try new betting strategies, not just a way to gamble more. With a thoughtful approach, you can make the most of these promotions and increase your chances of winning.

Conclusion

In the world of sports betting, free money bonuses from top betting apps have changed the game. These bonuses, like free bets or risk-free wagers, let fans try betting without using their own money. It’s a great way to dive into the excitement of betting.

Looking back at the free money bonuses we’ve talked about, I’m amazed by their variety and value. From FanDuel’s offer of $200 in free bets for a $5 bet to BetMGM’s risk-free first bet up to $1,000, the choices are impressive. These bonuses are a great way to start in sports betting. They let bettors try out different strategies and maybe even increase their money.

I think free money bonuses will keep getting better and more available. This means more chances for sports fans to connect with their favorite teams and events. I plan to keep up with these offers, read the details carefully, and use them to make my betting more fun and rewarding.

FAQ

What are free money bonuses from betting apps?

Free money bonuses are special offers from betting apps. They give bettors free bets or bonus bets, sometimes with no need to deposit money. These bonuses let bettors place bets without using their own cash. They can keep any winnings from these free bets.

How do free money bonuses work?

To get free money bonuses, bettors must meet certain conditions. This might mean making a minimum deposit or placing a specific bet. Once they do, they can use the bonus funds to bet more. Any winnings from these bets can be taken out as real money.

What are some top betting apps that offer free money bonuses?

Top betting apps with free money bonuses include FanDuel, DraftKings, BetMGM, Caesars Sportsbook, and bet365. These apps offer great welcome deals like “bet $5, get $200” and risk-free first bets.

What is FanDuel’s welcome offer?

FanDuel’s welcome offer is a top deal for new users. It’s a simple “bet $5, get $200” deal with no strings attached. After depositing $5 and betting $5, bettors get $200 in bonus bets if their bet wins.

What is DraftKings’ welcome bonus?

DraftKings gives a “bet $5, get $150” bonus. With a $5 deposit and a $5 bet, bettors get $150 in bonus bets, win or lose.

What is BetMGM’s welcome bonus?

BetMGM offers a risk-free first bet up to $1,000. If the first bet loses, they refund the full bet as bonus bets. To get it, bettors must deposit at least $10 and use the code “COVERSBONUS1000” when signing up.

What is Caesars Sportsbook’s welcome offer?

Caesars Sportsbook gives new users a $1,000 first bet insurance. If the first bet doesn’t win, they refund the full bet amount, up to $1,000, as bonus bets.

What are bet365’s welcome bonus options?

bet365 offers new users two welcome bonuses. Choose between a “bet $5, get $150” free bet or a “$1,000 First Bet Safety Net.” The “bet $5, get $150” offer is easier for most bettors to use.

What are the popular sports for free money bonuses?

Free money bonuses often focus on popular sports like the NFL and NBA. You can find special offers and free bets for NFL and NBA games.

What are the pros and cons of using free money bonuses?

Free money bonuses let bettors bet without using their own cash, which could lead to wins. But, they often have rules like wagering requirements or limits on how the bonus can be used. They might also make bettors take bigger risks.

How can I maximize the value of free money bonuses?

To get the most from free money bonuses, read the terms carefully. Compare offers from different sportsbooks to find the best deals. Use these bonuses wisely, trying new betting strategies or markets instead of betting recklessly.

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