Punters never have a enough resources to maintain the kind of bankrolls they want to maintain. Because this is a reasonable assumption and something that most Australian bookmakers already know, it makes it easy for the bookmakers to develop bookmaker bonuses that will appeal to the greatest majority of its client base. In the world of sports and horse betting, bookmaker free bets seem to be what moves the market.
About Bookmaker Free Bets
Instead of just giving away cash, most online bookmakers prefer to design welcome bonuses to make use of the rise in sports bettors and horse players in Australia. Even with the most restrictive terms and conditions, free bets give punters the opportunity to use their “expertise” to try to increase their bankrolls with no risk. The only thing punters really have to worry about is selecting the sports book with the best bookmaker bonuses.
The Best Free Bet Offers in Australia
With dozens of online bookmakers operating in Australia, it’s important to look at a few of the top free bet bonuses being offered to new customers.
While the Ladbrokes Australia welcome free bet offer might not be the most lucrative, the fact it comes with no rollover requirement is quite enticing. By simply making a real cash wager for the first time, Ladbrokes will give punters a 100% bonus based on the amount of that first bet, up to a maximum of $100. Once the bonus amount has been allocated, the punter is required to make a single wager for the whole amount or four wagers of equal amounts on an eligible. Any net winnings are immediately available for withdrawal.
In some cases, bookmakers create appeal by offering lots of extra bonuses and promotions. That’s CrownBet’s mode of operation. As for the welcome free bet offer, punters get a 100% match in free bets based on their first deposit of up to $150. Punters have 30 days to place one wager on an eligible market, using their free bet allocation. Prior to withdrawing any net winnings, punters are required to meet a rollover requirement of 1X at odds of at least +1.5.
William Hill Australia
As one of the largest online bookmakers in Australia, William Hill has a reputation for being aggressive and likes to do everything in a big way. In terms of its welcome free bet offer, punters are eligible for a 100% match based on the amount of their first “settled” bet, which is defined as the first bet that goes final. The amount of the bonus bet amount is capped at $200. Once the free bet amount has been placed in their bonus account, punters have 7 days to place wagers in the amount of at least $10 on eligible markets. Any winning, less the original stake amount, must them be used to meet a rollover requirement of 1X at odds of +1.50 or more. As long as the rollover requirement is met within 60 days, any remaining winnings become eligible to be withdrawn.
If punters prefer wagering with online bookmakers actually based in Australia, Luxbet is the place to go. The real benefit of choosing this particular bookmaker is punters can get more for less. For a deposit of at least $50, punters can get a free bet allocation of 300% that amount or $150. From their free bet allocation, punters are required to place wagers of at least $10 on eligible markets. All net winnings must be turned over 1X at odds of at least +1.5. Both the bonus bets and rollover requirement must be met within 30 days in order for the remaining funds to become eligible for withdrawal.