Best Betting Offers & Free Bets
There are plenty of UK Betting Offers and Free Bets available across a host of bookmakers and navigating them can be tricky. With horse racing being one of the most exciting sports to bet on, trying to maximise your profit whilst betting can seem daunting especially when there are so many options out there.
On this page, we’ve listed the very best offers and explained how you can claim them.
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Different Types Of Betting Offers Available
Outright/Each Way
This one is pretty simple. An outright bet on a horse means you are predicting that horse will come first in the race. Anything other than your selection crossing the line first and your bet won’t be a winner but if your horse enters the winners enclosure, you’ll be able to collect your winnings.
Adding an ‘each way’ selection to your bet gives you a little bit of insurance on your bet. Each race will have a number of ‘places’, determined by how many runners in a race. The more runners, the more places. Selecting your horse to win ‘each way’ means if your selection misses out on the win but finishes in the places, you’ll receive a reduced payout. Careful though, picking a horse to win ‘each way’ doubles your initial stake.
It’s also worth keeping an eye on any offers for big races as bookmakers sometimes increase the amount of places in large fields.
Forecast/Tricast
A forecast or tricast can be some of the trickiest things to predict in a race.
A forecast is a bet where you pick the winner and second placed horse in a select race, whilst a tricast involves predicting the first three horses in order.
These types of bet is tricky to win but there are some slightly easier options if you pick a ‘reverse’ forecast or tricast. This means you only have to pick the two, or three, horses that finish in the best positions but not in order. The size of your stake increases but the chances of your picking up a win does too.
Place Bet
If you’re confident that a horse will run well but might not have enough to claim the win, a ‘place bet’ might be the one for you. This means you think your horse will finish in the places (as described above) and, whilst your odds won’t be as high as an outright win, you’ll stand a better chance of picking up some profit.
Winning Distance
Some races look obvious from the outset, there’s a clear favourite who should romp home but it’s reflected in the odds where there’s no value in backing the winner. A good option there is to place a bet on the distance the winners claims the victory by. This could be less than a length but you might find the option for a horse to win by 25 lengths or more. This kind of bet can be a great way to find value from a race where there should only be one winner.
How To Claim a Free Bet Offer
Each bookmaker will have their own ways for you to claim any UK Free Bets or betting sign up offers but, in general, you’ll need to sign up for a new account. You may need to enter a promo code so make sure you read the offer page carefully to claim the offer in full.
Once you’ve signed up, there are usually conditions you have to meet to ‘unlock’ your welcome bonus. These can range from simply depositing a certain amount of money to having to turn over that deposit several times. It’s worth checking before you sign up what conditions you have to meet at each bookmakers, as some can be time consuming and need several bets to be unlocked.
You may also have to undergo identity checks and proof of funds in order to withdraw money. This is starting to become standard procedure across all bookmakers.
UK Betting Offers Terms And Conditions
Most bookmakers have their own set of terms and conditions for each offer but, in general, there are certain aspects that remain the same across the board.
You will usually have to enter a promo code, at sign up or when depositing, to claim a betting offer. You also might have to submit some details so that the bookmaker can undertake their ‘Know Your Customer’ process, usually known as KYC.
You may have to place a ‘qualifying bet’ or use your initial deposit money a set number of times before your betting offer is unlocked. One of the most common offers, known as Bet and Get, involves placing a bet of £10 at odds of 1/2 or greater in order to receive a set amount of free bets. Whilst this isn’t a risk free bet, it certainly increases your chances of picking up a profit.
Other terms and conditions can limit you to not using the cash out feature or using the virtual sports options. You may have to deposit funds using a certain method (usually a debit card only) and offers may be restricted based on your location.
One other thing to look out for is the terms of any UK free bets you receive. They may have a limited time to be used or might only be able to be used on certain sports.
Things To Consider Before Claiming A Sign Up Offer
There’s plenty to consider before you claim any betting sign up offers. Will you be able to meet the terms and conditions? Are you going to have to turnover your deposit an unrealistic amount of times before you get access to your welcome bonus? Does the bookmaker offer the sports you want to bet on and types of bet you want to place? Is the customer service on offer good enough if you do encounter problems?
You should always do your own due diligence before signing up to any new bookmakers and taking advantage of any offers. There are some websites out there that document the services offered and how trustworthy the bookmakers are, and these are well worth a look before you start using a new sportsbook or online casino.
Most of all, trust yourself. If you don’t think that a bookmaker is the right fit for your betting style, then look elsewhere. There are plenty of offers to choose from so don’t just jump into the first one you see. Do your research, be informed and make the right choice.
Event Specific Betting Offers
The top events in the racing calendar offer their own chance for special betting offers, both in the build up and during the event. The Cheltenham Festival, Grand National, Goodwood Festival and Royal Ascot are four of the biggest dates in the diary for racing fans and each will bring their own offers from bookmakers.
These offers can start a couple of weeks before the event takes place so it’s worth keeping an eye on your calendar and making the most of any offers that drop across sportsbooks. During the event, especially festivals, there can be a huge amount of bet boosts, enhanced odds and offers from every angle so being informed and methodical can be your best shot at making money at these events.
Betting Offers & Free Bet Offers for Horse Racing
Betting offers usually centre around betting a certain amount and receiving an equal, or larger, sum in free bets or sign up offers. On occasion you will find other offers though and these can prove to be well worth following, especially price boosts, which represent big value on a horse race.
The Cheltenham Festival is usually the biggest betting week for horse racing fans and bookmakers will often boost odds on horses to win the biggest races, sometimes offering 20 or 30/1 on a horse that is normally priced at 3/1.
Frequently asked questions
At RacingTips.com, we’ve got a selection of the best betting offers, which can be found throughout the site and will lead you straight to the right place.
A quick search on an internet search engine will also give you some of the best betting offers but you’ll struggle to find a more comprehensive list anywhere else apart from right here at RacingTips.com.
Each offer will have slightly different terms but in general free bet offers will have an expiration, whether that be seven days or 30. It’s certainly worth checking the terms on any free bets you receive so you don’t end up missing out.
A Free Bet is just that, a bet of a certain value given to you by the bookmaker. If you win using your free bet you won’t usually get the value of the bet back as part of your winnings but they can be a great way to try and push the value a little more with your betting.
Bonus offers differ in that they usually mean you get to keep the money offered as cash but you won’t be able to just withdraw straight away. You’ll usually have to place a certain amount of bets to a set value before your funds become available to withdraw.
Both methods can be profitable but free bets are usually a bit simpler to claim as they usually only need to be wagered once. Bonus Offers probably offer a little more value though, depending on the wagering requirements, especially if you are familiar with arbitrage betting.
Arbitrage Betting, or ‘arbing’, is the method of using price differentials between two markets to guarantee profit, almost making it a risk free bet. There are lots of tools out there to assist you in arbing with calculators, walkthrough guides and information on how to make profit but, in the simplest terms, arbitrage betting is where you place bets on all outcomes for an event at odds that guarantee a profit, regardless of what the outcome may be. Gambling might see bigger returns but it comes with a higher risk, arbitrage betting is lower risk but has a much lower yield on returns.
Whilst the majority of offers are for new customers, there are still plenty of chances for existing customers to pick up bonuses and offers along the way. A common offer is a price boost, giving enhanced odds on an outcome for all customers. These can sometimes be limited to a certain amount of bettors though so don’t hang around if you do see an offer you like!
You can definitely make money from free bets but the strategy can take time and patience. You’ll have to spend a period signing up to the right sites, complying with the individual terms and conditions and placing the right bets but the potential rewards are there.