Beating the bookies is an exciting thought! Imagine if you could work out a situation where you are much more likely to win money, by playing with free bets and offers that are provided by the bookies themselves. While nothing in gambling is guaranteed, you can certainly improve your chances of winning by doing your research and being smart. Part of this research is discovering the best betting offers available at present, as you will find that online bookmakers offer a vast array of free sign-up offers and existing customer promotions to entice players into making more bets.

Let’s take a look at how you can beat the bookies by maximizing betting offers and getting the most out of your bets.

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Understand the terms and conditions of the free bet. 

While this might seem like an obvious statement, many people who are new to online gambling often fall at this hurdle. The vast majority of bookmakers don’t merely hand out free bets without anything in return, and you will usually have to place a qualifying bet to get your money back in the form of a free bet. For instance, Virgin Bet is currently offering £20 in free bets.

However, to qualify for this bet, new customers need to deposit £10 and place a bet on a sportsbook at odds of 1.5 or better. The free bet will be issued once the initial bet is settled, and then must be redeemed within seven days. The small print is where you can often lose out when it comes to free bets, so make sure you fully read up on the terms and conditions to avoid disappointment.

Let a comparison site do the research for you. 

The sheer volume of new signup and existing customer offers can be overwhelming. With so many online betting sites offering sports bets, slots, and traditional casino games, it can be nigh on impossible to know where to begin, and before you know it, you can get sucked in by marketing and lose your focus. You can utilize a website like an odds checker, as they list all of the online betting sites that offer free bets and sign-up offers, and even detail how you can extract the free bet from the site.

As was mentioned in the first point, make sure you read the small print before signing up, as you don’t want to miss out on the free bets. However, if you’re planning to extract free bets, you need to have a decent float of cash available. The vast majority of sites require a qualifying cash bet to extract free bets, so be aware that it will cost you money to get free bets in the first place.

Research form and bet on a sport or game that you understand. 

While it can be fun to take a random punt at an obscure sport in a random country, it’s not likely to make you any money in the long run. Fair enough you might get lucky once or twice, but if you’re looking to make a decent profit from betting online, you should avoid betting on sports and games that you don’t know anything about. For example, when betting on sports, you should understand the rules and the various markets offered by different bookmakers. It would also help if you did some research on the form of the competitors to ensure that your bet is likely to come off.

For instance, if you decide you want to place your free bet on a big upcoming boxing fight, you could use an online resource such as boxrec to discover the fighters’ form and recent history before placing your bet. You will be able to find out what the most likely method of victory is, as well as how long the fight might last by studying the form, which is increasing your chances of winning. If you apply this logic to all sports bets that you place, while you will lose along the way, you’re much more likely to make an overall profit, as you are betting on outcomes that are more likely to happen.

While there isn’t such a thing as a dead cert when it comes to gambling, by conducting research and maximizing sign-up and existing offers, you stand a great chance of beating the bookies and making a profit from your bets in the long run.