Olympics Free Bets 2028

Olympic Free Bets & Betting Offers Explained

As the Olympic torch is lit, bookies launch a host of Games specific promotions to welcome new bettors and reward regulars. 

Here’s a rundown of the most common deals you’ll see during the Games and how they work.

Bet & Get Offers

How it works: Place a qualifying stake (e.g. £10 on the 100m final) and receive a free bet of the same value.

Why it matters: Whether your pick wins or loses, you lock in that extra stake for another Olympic market.

Matched-Deposit Bonuses

How it works: Your first deposit is matched up to a cap (for example, deposit £50, get £50 in free bets).

Keep an eye on: Wagering requirements - You might need to bet your bonus funds a few times before cashing out.

Money-Back Specials

How it works: If your losing bet meets certain criteria (e.g. your swimmer finishes outside the medals), you get your stake back - usually as credit, not cash.

Watch for: Maximum refund limits (for instance, only up to £30).

Enhanced Odds / Price Boosts

How it works: Select Olympic markets - like your favourite sprinter to win gold - are temporarily given better odds ( 1/2 → 1/3).

Pro tip: These one-off boosts often appear around finals; set alerts or bookmark the promos page so you don’t miss them.

Accumulator (“Acca”) Insurance

How it works: Build a multi-leg bet across different events (e.g. men’s 100m, women’s vault, track cycling). If just one leg fails, you get your stake - or an equivalent free bet - back.

Note: Acca insurance deals usually require a minimum number of legs and refunds are usually capped.

Acca Boosts

How it works: Accumulator winnings are boosted (e.g. +10% on your accumulator odds).

Caution: If any single event in your acca loses, you forfeit the entire stake.

Reload Bonuses

How it works: After you’ve used - or lost - your first bonus, you can unlock smaller matches on subsequent deposits (e.g. 50% up to £25).

Tip: These often run on specific days or around high-profile finals, so time your top-ups.

Early Payout Deals

How it works: You’re paid as a winner if your athlete hits a milestone - such as leading by a certain number of points in a basketball game - even if they end up losing.

Benefit: Locks in profit before final results, ideal for favourites expected to maintain a lead.

Free Bet Clubs

How it works: Bet a set amount each week or month on Olympic events and earn a free bet once you hit the target (for example, £100 in wagers = £10 free).

Why join: Rewards consistency and keeps you engaged throughout the fortnight.

How to Claim Olympics Free Bets

Claiming Olympics free bets and betting offers is usually straightforward. 

While each bookmaker’s offer varies slightly, most require you to place a qualifying bet before your free bet funds are unlocked. 

Just follow the steps below:

1. Browse licensed, recommended Olympics betting sites
   Use this page to compare top-rated, fully regulated bookmakers and offered by bookmakers and betting apps offering Olympics promos.
2. Click “Visit Site”
   Head over to your chosen bookmaker’s website.
3. Register your new account
   Tap or click “Join Now,” “Register” or “Sign Up” to begin.
4. Complete your personal details
   Enter your name, address, date of birth and any other required information.
5. Verify your identity
   Upload a valid ID (e.g., driver’s license or passport) so the bookmaker can confirm you’re over 18.
6. Read and accept the terms & conditions
   Make sure you understand any wagering or odds requirements attached to the free bets.
7. Make your first deposit
   Choose a payment method, enter a Olympics promo code if prompted and fund your account.
8. Place your qualifying bet
   Stake the minimum amount at the required odds (often 1/1, 1/2 or higher) on any Olympics market.
9. Receive your free bets
   Once your qualifying bet has settled, check your account for the free bet tokens you can use across Olympics events.

The Most Common T&Cs Attached to Olympics Free Bets

Every free bet offer carries its own set of fine-print rules. 

Below, we'll look at the most common T&Cs clauses you should look out for when claiming Olympics betting offers:

• Minimum Odds Requirements: The lowest price at which your free-bet or bonus stake counts (e.g. “must be at odds of 1/1 or greater”).
• Wagering (Play-Through) Requirements: How many times you must roll over bonus funds before withdrawing winnings (e.g. “5× bonus”).
• Expiry Windows: Timeframe for using free bets or bonus funds (commonly 7–30 days).
• Market & Bet-Type Restrictions: Exclusions such as system bets, multi-legs, or certain prop markets.
• Maximum Payout Caps: Upper limits on winnings derived from free bets or boosted markets (e.g. “max £100 return”).
• Geographic & Currency Limits: Some offers apply only in certain jurisdictions or currencies.

Best Olympics Markets For Your Free Bets

Once you’ve claimed your Olympics free bets, you can put them to work across a variety of markets. 

Here are some of the most popular Wimbledon markets among tennis bettors: 

• Medal Markets: Gold Medal Winner – Back who you think will top the podium. Podium Finish – Bet on someone to finish in the top three, often at better odds.
• Head-to-Head Matchups: Simple two-athlete comparisons - pick who will perform better in qualifiers or heats.
• Event Totals & Over/Unders: Examples include total goals in hockey, combined points in basketball, or time-based markets in swimming and athletics.
• Country Medal Tally: Futures on how many medals a nation will collect overall or in specific sports.
• Mixed Team & Relay Markets: Outrights on team events like relays or mixed doubles brackets.
• Correct-Score & Set Markets (where applicable): Pick exact scores or sets in sports such as volleyball or table tennis.
• In-Play / Live Markets: Bet on ongoing events - look for momentum shifts in final laps, sets, or periods.

Olympics Betting Strategies

Winning at Olympic betting isn’t luck - it’s about picking the sports you know, doing your homework and managing your money. 

Focus on a few key events, look for mispriced athletes, and use small multiples to stretch your bankroll.

Below are three markets where we feel punters have a fighting chance of making a profit.

Athletics: Track and field stars are among the steadiest performers you’ll find. When they stay injury-free, favourites tend to fire, especially in sprints and middle-distance races. Plenty of odds-on shots here — backing proven winners in doubles or multiples can pay off.

Gymnastics: A pillar of the Games, gymnastics spans team competitions, all-around titles, and individual apparatus finals. Nations with deep programs (think the US, China, Russia) often dominate.

• Strategy tip: Focus on apparatus specialists - vault and floor finalists often carry higher difficulty scores and cleaner execution.
• Watch recent World Cup or continental championship results for consistency under pressure.
• In all-around markets, back gymnasts who post balanced scores across bars, beam, floor and vault rather than those who shine in one area.

Swimming: Like athletics, standout swimmers frequently live up to their billing. Many races feature clear favourites whose times make them hard to oppose. If form holds, you can make waves by stringing together men’s and women’s events in multiples—just be mindful of how fatigue and event scheduling can influence heat and final performances.

As with any sports event, there is always a possibility that surprise winners come from nowhere to grab gold at the Olympics. 

Two such surprises were seen at the Tokyo Olympics, one of which was arguably the biggest shock in the history. 

Cyclist, Anna Kiesenhofer, was sent off as a 500/1 no-hoper in the 137km road race, but by winning she showed that there is never any guarantee in the world of sport and sports betting.

At the same games, the Canadian women's football team caused an upset by taking gold ahead of the likes of the USA and Sweden. 

33/1 shots at the start of the tournament, they would overcome the Swedes in the final having seen off the US in the semis.

Olympics Free Bets & Betting Sites: In Summary

Experienced sports betting fans and those trying their luck for the first time have the most comprehensive choices when betting on the 2025 Paris Olympics.

New customers have ample opportunities to take advantage of sign-up betting bonuses, and there are few downsides to availing of these promotions. 

However, reading and understanding the terms and conditions attached to them is important, especially the free bet expiry limits.

All betting sites featured on this page must be fully licensed to be eligible for inclusion. 

Licensing means that the operator has undergone the most stringent regularity testing procedures for fairness and customer safety and are licensed to operate legally.