Free Bets NZ | Free Sports Betting Offers November 2022

Get free bets today with this updated list of the best free bet offers for July 2022. All of these betting sign up offers can be claimed when you register for a new account with any of the betting sites listed below.

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How to Claim Free Bets Today

Free bets are betting promotions typically offered by sports betting websites to customers who are completing their registration for the first time.

To qualify for new customer offers, you usually have to take some action using your own money, such as making a deposit or placing a bet yourself.

Precisely what you must do will be included in the terms and conditions associated with the free bet offer. Such terms are usually easy to understand, and once you have ticked all the boxes your free bet should be available to you.

There are several types of free bets, and we will run you through each of the most common betting offers in a little more detail below.

Really all you need to do is complete your registration, make a deposit or place a bet, and then meet any other criteria – it’s all very straightforward.

One thing to look out for – to gain your free bet deal you sometimes have to enter a bonus code or a promo code. If you’ve shopped online and used a voucher code, then bonus codes and promo codes work in the same way.

You just enter the required code when you complete your registration or make a deposit to claim the associated bonus or promotion. If you don’t supply the required bonus code or promo code, then sadly you won’t get your bonus!

Deposit NZ$50, Get a NZ$50 Free Bet

Get a Free Sports or Racing Bet up to NZ$150

Types of Free Bet Offers

There are several different types of free bet offers commonly offered as betting promotions. We’ve picked out the six most popular below, with a brief explanation of each.

How to Choose Free Bets

It’s important to only choose the best free sports betting offers. A good rule of thumb here is that if an offer looks too good to be true, then it probably is!

Check the terms and conditions of any free bet offer, looking for high minimum odds, low winnings caps and unfavourable wagering. The best betting offers are those that treat the customer fairly and squarely.

Also check out the site offering the deal, making sure it is legitimately licensed and has a decent reputation. All of the betting offers listed on this page are guaranteed to meet the ‘fair and square’ criteria and are offered by safe, secure and reputable online sports betting sites.

What Can I Use Free Bets On?

Usually, you are free to use your free bets on any event or contest that you wish to.

One huge tip here – watch out for an upcoming sporting ‘big one’ such as the Rugby World Cup, the New Zealand Derby or the Cricket World Cup.

Online bookies typically offer the biggest and best betting offers and free bets when these events swing around in order to drum up customer interest.

Some restrictions may apply when you receive your free bet, such as not being able to use the bet on specific markets,  or having your free bet deal tied to specific sports. Such restrictions are rare, but it’s always worth checking your free bet terms and conditions just to make sure.

Common Terms & Conditions of Betting Sign Up Offers

Things would be a lot simpler if betting sign up offers did not come with terms and conditions, but they do so we’ll just have to put up with it! There’s no need to be confused though, as we can offer you detailed explanations of all the most common free bets T&Cs.


Check out: The list of top online gambling NZ to try out the latest pokies.


Free Bets for Existing Customers

While most free bets are new customer betting offers, the best new betting sites do not forget their existing customers for free bets. Some of the most common free bet types offered to existing customers are:

Free Bet Club

A free bet club is a rewards scheme available to all customers who opt in. The bookie will set specific criteria, such as ‘place bets worth NZ$25 in a single week to receive a free NZ$5 free bet’.

If you meet the defined criteria during the set period, then the free bet will be applied to your account.

Loyalty Bonus

Like a free bet club, a loyalty bonus is usually a free bet offer for regular customers.

bet365 is a sportsbook that excels when it comes loyalty bonuses. If you make continued use of their sports betting site, then you may find a loyalty bonus or free bet waiting for you one day when you log in.

Insurance Betting Offer

In betting terms, ‘insurance’ usually applies to accumulator bets.

Bookmaker offers like acca insurance will return your stake should a single leg of your acca bet fail. This money though is returned as a free bet and not withdrawable cash.

Enhanced Odds Offers

New customers typically get the best enhanced odds betting offers, but enhanced prices also crop up for existing customers.

For example, if the All Blacks are playing Australia in rugby, and the odds are 2.0 for an All Blacks win, enhanced odds might boost the price to 4.0 for a New Zealand victory.

If you stake NZ$10 on this deal and the All Blacks win, you’ll get back your NZ$10 stake, your NZ$10 ‘normal’ winnings and NZ$20 in free bets (for your enhanced odds).

Check the terms and conditions of enhanced odds bookies sign up offers to make sure you’ll get back what you’re expecting. Soccer is the most common sport for enhanced odds deals but deals for horse racing, golf betting and other markets pop up occasionally as well.

Free Bets NZ Pros & Cons

Free Bets Positives
They’re free!
You can use winnings from your free bet as a stake for other markets
You can place bets without risk of losing your own money
Free Bets Negatives
Terms and conditions can be difficult to understand
Strict wagering requirements make some free bet deals worthless

Free Bet No Deposit v Regular Free Bets

Free bet no deposit deals may look great on the surface - but they often come with extremely tight terms and conditions. This is understandable, as any bookie giving away no deposit free bets like there’s no tomorrow would soon go out of business!

Regular free bets are usually the better deal as they come with looser terms. They are also much easier to find!

Free Bet Offers v Bonus Offers

Free bet offers and bonus new customer offers are similar but there is a slight difference.

Bonus offers usually have higher value but stricter conditions. For example, it’s almost impossible to find a bonus offer that does not come without wagering requirements. The best free bet offers usually come without strict wagering requirements.

With any deal, the more wagering you have to get through, the less chance you have of coming out of your bonus deal on top.

Free Bet Offers in NZ – Key Takeaways

There is no denying that free bet offers are some of the best sports betting promotions available. They’re simple to use, found in abundance, and enable you to boost your bankroll with a small financial investment.

That’s not to mention that you are given the opportunity to try out new betting strategies and place riskier bets that can potentially be more profitable.

The best free bet offers from NZ bookies are listed on this page. To claim any of these free bets, sign up and follow the simple steps to claim the betting offer. Remember, bookmark this page and keep coming back for all the latest free bet offers!

FAQ


Usually yes, but you will have to meet some specific terms and conditions first. Some bookies will require you to wager your free bet funds a certain amount of times before they can be withdrawn, so make sure to read terms and conditions thoroughly when availing of an offer.

The best free bets deals are listed right here on this page. You can sign up to any of these free bet offers from licensed betting sites and can claim as many as you like overall, but only one per site.

They are, but they are not ‘free money’. If you receive a free bet, you cannot cash it out straight away, as wagering requirements come into play. There are many different types of free bet offer, so make sure you understand the terms and conditions before claiming one.

If a site offers you a free bet, then that free bet usually applies to both desktop sites and betting apps. You can apply for your free bet using either. Sadly, betting app-specific free bets are now a rarity.

If you win using your free sports bet, then your winnings are usually paid as real cash. Note your free bet stake is not returned to you, unlike a bet you place using your own money. Occasionally, free bet winnings will be returned as further free bets, but this is rare.

You can claim as many different free bets as you like from different online betting sites. However, you can only claim a site-specific free bet once. You cannot open two accounts at a site to claim the same offer twice.

No – free bet funds must be wagered and turned into real money before you can withdraw them. If you use a free sports bet on a live in-play market, then you will not be able to use the 'cash out' feature as you typically would on live bets using your own money.

Yes – check the T&Cs so you know the expiry dates of a free bet deal. Once you sign up for a site, you will have a limited time to claim a new customer betting offer, a limited time in which you need to use your free bets, and a limited time to meet wagering requirements.

You can, but no deposit free bets are very hard to find and come with strict wagering conditions. This is understandable if you think about it - as unlimited no deposit free bets would leave a bookmaker seriously out of pocket.

With this type of deal, you get your initial site bet stake back (up to a limit) as a free sports bet if your real-money bet loses. Note that your qualifying bet on this occasion has to use your own money.

Contributors

Contributors

Hi, I'm Dean Ryan

"A passionate sports betting expert and journalist with over 15 years spent in the gambling industry."

Interests
  • Sports Betting Sites
  • Odds Compiling
  • Horse Racing

Reviewer since June 2016

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