Free bets are like gym memberships: everyone gets them at 22Bet, but only some truly optimise them. Let’s ditch the tired longshot tactics and explore unconventional approaches to turn your free bets into a windfall.
Exploit Niche Markets and Prop Bets
Most bettors flock to popular markets like game winners and point spreads. Instead, delve into the lesser-known corners of the sportsbook. Look for niche markets with fewer bets, potentially leading to softer odds.
Picture a free bet on a sport you know well, like handball. While the overall bet volume might be lower, your knowledge could give you an edge in predicting specific events like “most saves by goalkeeper” or “first team to score ten goals.”
Similarly, explore proposition bets (props) that test your sports IQ. Will a specific player score a three-pointer in the first quarter? Will there be a red card in the soccer match? You can take a chance on these quirky props with a free bet and potentially land a big win.
Befriend the “Middle Ground”
Free bets often come with restrictions. You might be unable to parlay them, or minimum odds might apply. So, how do you win big with these limitations? Look for the “middle ground” – bets with decent odds that still offer a suitable payout while staying within the free bet’s constraints.
For example, instead of a single high-risk longshot, consider a parlay of two or three favourites with slightly lower odds (just above even money). If all legs win (each bet in the parlay), you can still score a decent payout while complying with parlay restrictions on your free bet.
This strategy is compelling if you combine it with a first-time deposit bonus matching your deposit with a free bet. Essentially, you’re doubling your potential winnings by strategically using both the bonus and the free bet within their limitations.
Embrace the “Arbitrage”
This strategy requires research and might only be legal in some regions, so proceed cautiously. Arbitrage betting involves exploiting discrepancies in odds offered by different sportsbooks.
Suppose a free bet on Team A to win at Sportsbook A with odds of +200. You then find Sportsbook B offering odds of -180 on Team B to win (the opposite outcome). By placing a calculated bet on Team B at Sportsbook B with your own money, you can guarantee a profit regardless of the game’s outcome.
This strategy takes advantage of the slight difference in odds between the two books. The free bet on Team A covers your potential loss on Team B, and the profit margin, though small, can be amplified when using a free bet. Always check the legality of arbitrage betting in your region before attempting it.
Become a “Bonus Hunter”
Many sportsbooks offer a constant stream of promotions and bonuses. Some involve placing a specific bet type (e.g., parlays) and receiving a free bet in return.
Instead of blindly chasing these promotions, become a “bonus hunter” with a plan. Look for bonuses that complement your existing betting strategy. If you favour parlays, prioritise promotions that reward parlay bets with free bets.
