Matched Free Bets
This is the most common type of free bet and generally applies to new account holders. When a bettor opens a new account, once the registration process is complete, they can then make the first deposit. There is minimum deposit required to bet and this is usually £5. For some bookmakers it can be more. The amount of free bet offered is determined by the initial deposit.
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How a matched free bet works
Simply put : - a customer receives free bets that match the amount of the initial deposit. So a customer opens an account and deposits £50 in their new account. There is usually an upper and lower limit to the value of the free bet in the form of what is matched against a deposit. Most companies that offer this type of free bet put a time limit on when the amount can be used.
If a customer has an account that is not active this type of free bet is offered to encourage the customer so start betting again. A customer may have a zero balance in his account and not bet for a while. He will be contacted by the firm, usually by email. They will say that any deposit up to usually £50 will be matched by the company with the same amount for a free bet.