Why Can You Trust Us?
We understand how difficult and time-consuming it can be trying to choose a betting site that ticks all the boxes in terms of betting services. So, we took it upon ourselves to search for the top Nigerian betting sites, leaving you the option to choose the one that suits you. We present our findings on the most transparent betting offer: Free bets.
Top Nigerian Bookmakers with Free bets: Review
Free bets aren't the most popular bonuses in Nigeria, and most bookmakers prefer cash bonuses. We examined all legal bookmakers and present an overview of those that offer Free bets to new customers or as a part of loyalty program.
What is Free bet?
Free bet is a type of bonus offered by bookmakers which allows players to place bets without risking their own funds. The bet is made using the bookmaker's money, and if the bet wins, the player receives the winnings, minus the value of the Free bet.
Popular Free bets Offers in Nigeria: Examples and Types
In Nigerian betting circles, several types of Free bets are offered by different bookmakers:
- No Deposit Free bet: Offered to new players upon account creation. For instance, BetKing provides a N500 Free bet for new customers who complete their bank profile.
- Deposit Free bet: Earned after funding your account. Mozzartbet offers a risk-free first bet up to N5000, contingent on a weekly deposit.
- Activity-Based Free bet: Rewards for regular betting or platform activity. BetBonanza, for example, offers Free bets ranging from ₦250 to ₦5,500 based on weekly betting activity.
- No Risk Free bet: A refund in the form of a Free bet if a bet loses. This is a Free bet from Mozzartbet, seen in the promotion "FIRST TICKET CAN'T LOSE".
- Cashback Free bet: Bonuses for placing bets regularly. 1xBet’s Promo Code Store allows players to exchange collected points for Free bets of various kinds.
Free bet winnings: how are they calculated?
With most Free bet offers, the original stake (the Free bet amount) is not returned with the winnings. Here's how the calculation works:
- Original Free bet Amount: ₦500
- Odds: 1.85
To calculate the potential winnings, you multiply the Free bet amount by the odds and then subtract the original Free bet amount.
Winnings=(Free bet Amount×Odds)−Free bet Amount
Let's do the math:
Winnings=(500×1.85)−500=425 Nairas
This amount is what you would receive, as the original Free bet stake of ₦500 is not returned.
Advantages of Free bets over Cash bonuses
Free bets offer several distinct advantages over traditional cash bonuses:
- Simplicity: Free bets are often straightforward and easy to understand. You simply use the Free bet credit to place a wager, and if it wins, you get the winnings. Cash bonuses often come with more complex conditions and wagering requirements.
- Testing Strategies: Free bets provide an opportunity to try out new betting strategies without financial risk. This can be particularly advantageous for novice bettors who are still learning the ropes.
- Immediate Use: Free bets are typically available for immediate use once awarded. Cash bonuses might require a certain number of plays or bets before they can be fully utilized or withdrawn.
- Encourages Exploration: With Free bets, players might be more inclined to explore different markets or bet types that they would not normally consider if using their own cash.
How to use Free bets - ClubSport Recommendations
Free bets Recommendations
Free bets can be a valuable tool to boost your betting bankroll, but they should be used wisely. Here are some recommendations from our teamL
- Focus on a Specific Sport or League: To maximize your chances of success, it's often best to concentrate your Free bets on a single sport or league. This allows you to become more knowledgeable about the teams, players, and trends in that particular area.
- Be Selective in Your Bet Choices: Treat Free bets as if they were your own money. While it can be tempting to use them on a wide range of betting options, it's often more profitable to be discerning. Avoid the temptation to chase high odds or risky bets just because they are free. Stick to your usual betting strategies and patterns.
- Manage Your Time: Keep a close eye on the expiration date of your Free bets. Most bookmakers impose a time limit within which you must use your Free bet, often around a week. Not only should you place your bet within this timeframe, but also ensure that the bet is settled before the deadline.
- Bankroll Management: Free bets can give your bankroll a boost, but don't let them lead you to overextend yourself. Stick to your established bankroll management strategy and avoid risking more than you can afford to lose.
How we Evaluate the Best Free bets
We choose the top Free bets by looking at two simple things: getting the bet and using it.
- Getting the Bet: It's better when it’s easy. If you need less money for a deposit bonus or fewer bets for an activity bonus, that's good.
- Using the Bet: Good Free bets give you plenty of time and don’t make you bet on high odds. Easy to use means it’s a good bet.
A tip: Don’t just go for the biggest Free bet. Check how simple it is to get and use.
These variations aim to make the criteria for evaluating offers clear and easy to understand, focusing on the simplicity of obtaining and utilizing the bets.
Free bets Nigeria FAQs
Are there any No-deposit Free bets available?
Our ClubSport team found one during our research: BetKing offers N500 Free bet right after registration.
What are No-risk Free bets?
No-risk free bets, often referred to as "risk-free bets," are a type of betting bonus offered by some bookmakers. However, it's important to note that the term "no-risk" is misleading. In reality, these are more like second-chance offers. When you place a bet using a no-risk free bet, if your bet loses, the bookmaker will refund your stake in the form of a free bet, giving you another opportunity to win.
What is the biggest Free bet I can get in Nigeria?
As our research shows, the biggest free bet offers are N5000 Free Bets from Mozzart and BetBonanza. In addition, if you make regular deposits and bet on sport daily, you can receive these bankroll boosters every week.