Ultimate Guide on Free Bets in New ZealandUltimate Guide on Free Bets in New Zealand

Steven D. Thompson

Updated:

You can find heaps of free bets on NZ online betting sites, but finding the best ones can be discouraging. Don't worry — we have compiled a carefully curated list of the best free bet offers on the market, so you only need to choose one. Claim it to get, or read on to learn everything you need to know about free bets.

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Table of Contents

    Free bet bonuses are among the most common promos on New Zealand sports betting sites. Although they're small in size, they are simple to use and rewarding, and you usually get them for registering and making a small first deposit.

    Both the betting site and the punter can benefit from a free bet. Unlike large match deposit offers, free bets are more attractive to most punters as they tend to provide more for less money.

    However, even though it's a bet that requires no or little of your own money to claim, it still comes with various stipulations. Myriad of T&Cs apply, so let's take a closer look at how free bets work, how to find the best ones, what types you can obtain, their pros and cons, and more.

    Find the Best Sports Betting Sites With Free Bet Offers

    Finding the best free bet promotion is not easy. You need to know what constitutes a good free bet bonus — suitable minimum odds and qualifying bet conditions, favourable wagering requirements, when to choose deposit-free bets and when to go for a rewarding no deposit free bet, betting bonuses in general, and more.

    Moreover, you should know how to find the right NZ online bookmaker with a free bet bonus. You mustntify a valid online betting site by checking that it features the following:

    • Good reputation,

    • Proper license,

    • Wide sports coverage,

    • Competitive sports betting odds,

    • Favourable bonus terms,

    Betpack helps with that by giving you all the necessary explanations of these terms and what to look for in a free bet bonus. More importantly, we provide a free bet bonus list that our betting experts specifically created for our readers. They analyse large quantities of quality NZ online betting sites and their free bet promotions and separate only the best ones.

    Free Bets Explained

    A free bet is a type of sports betting site promotion, usually awarded as a welcome bonus for new punters, that provides players with free money they need to use on one or more qualifying bets. It typically comes in the form of a small specific amount, like $10, $20, or $50.

    Players can claim the promo by registering and making a specific minimum deposit, making such promos similar to regular first deposit bonuses. In return, you get free bet credits you can use on qualifying bets with specific odds and a number of selections. You're also often required to wager the free bet winnings a specific number of times before withdrawing the money.

    To help you understand how free bets work, here's an example. An online bookmaker offers you $20 in free bets for placing a $20 real money bet. This means that you're automatically given free bet credits after making the qualifying wager. Then you get the $20 bonus as two $10 free bets. You must use each on a bet slip with two or more selections, with 1.3 odds. If you win the bets, you need to wager the funds 2x before withdrawing them.

    What to Check When Claiming a Free Bet Offer on NZ Bookies

    No free bet offer is entirely free, even if it doesn't require any of your own money to claim. They always come with certain stipulations like a specific qualifying bet, minimum odds, minimum deposit, and more. Many of these conditions are the same as other sports betting offers, so they shouldn't surprise an avid punter.

    Let's take a closer look at the important terms and other stipulations that can help you separate a good free bet bonus from a rip-off.

    Look at the Bonus Terms and Conditions

    Specific T&Cs apply to every free bet offer. To know if the betting site bonus is sweet as, you need to check them. As heaps of T&Cs apply, you need to know which ones matter the most, like the wagering requirements.

    Moreover, it would be best to see how the requirements relate to the bonus size. You'll find many free bets worth $50 or more, but they come with high wagering requirements and complicated qualifying bet stipulations, making them less worthwhile than smaller free bets.

    So, whenever you find a seemingly great free bet sign-up offer, scroll through its main terms to ensure it's worthwhile. You want to see wagering requirements of 5x or lower. Other terms should not be restrictive. For instance, there should be a high max win cap or none at all. Also, there will be a period in which you can use the offer as all bonuses expire after a while, so make sure you either opt for a bonus that lasts long or that you can use in time.

    Bonus terms are some of the primary features we check in a betting site bonus when compiling our lists. That's why all the best bookmakers on the market we recommend have favourable terms, among heaps of other benefits.

    Check the Required Min Deposit

    As mentioned, you'll usually have to make a min deposit to claim the bonus bets. Naturally, this doesn't apply to a no deposit free bet.

    On the other hand, if you're dealing with a deposit free bet offer, you want to get reasonable min deposit requirements. The lower they are, the better. They should be equal to or lower than the actual free bet credits.

    For example, getting $30 in free bets for a $10 min deposit is a sweet offer.

    Look at the Required Minimum Odds

    Claiming the free bet credits doesn't mean you can use them any way you like. In all cases, specific minimum odds T&Cs apply.

    However, the requirements need to be reasonable, and in most instances, they are between 1.5 and 2.0, which should be fine for most punters.

    Most betting sites have systems that don't allow bettors to use free bet credits on wagers with lower odds than what's required, so you don't have to worry about accidentally placing a bet with higher sports betting odds.

    Check the Required Number of Selections

    Minimum odds are a given in most free bets, but some also require placing a certain number of selections to make a qualifying bet.

    Some free bets don't require this, so you can make a single. This is a better option, but even if this condition exists, it won't be a problem as long as the number of selections is low.

    You want it to be three or fewer, as each selection still has to respect the minimum odds requirement.

    Types of Best Free Bet Offers

    If you've never used free bets before, you ought to know that there are several types. We've briefly covered no deposit and deposit free bets, but they deserve further explanations. Plus, there are several other types you should know about. Let's look at the best free bet offers you need to consider.

    Standard Free Bets

    Standard free bet offers are the most straightforward promos of this type. Heaps of online sports betting sites have them, but only on special occasions like:

    • Major sports events like the FIFA World Cup or the T20 World Cup,

    • During holidays like Christmas or New Year.

    The bonus is simple as it's effectively free money. It's not a welcome or deposit bonus, and there aren't many special requirements. The betting site gives it for free, and you can use it in a qualifying bet or multiple bets.

    Matched Free Bet Offers

    You'll find these as welcome bonuses, and they are almost the same as 100% match deposit bonus offers. In essence, you must make a qualifying bet in a specific amount, and the betting site will award you an equal share as free bets.

    For example, the online betting site will give $30 in free bets if you wager $30 of your own money.

    Moreover, these free bets work as multiple bets on many occasions. So if you get $30 in free bets, you might get to use three $10 wagers or two $15 ones.

    Bet X and Get Y in Return

    These types of free bets are similar to match ones, but the amount you get is not the same as the money wagered.

    For instance, you could claim bonuses like these:

    • Bet $10 and get $30 in free bets

    • Bet $10 and get $20 in free bets

    Sweet as free bets of this type always require you to bet less than what you get in return.

    Risk-Free Bets

    A risk-free bet is one of the best free bets a punter could ask for. In essence, you cannot lose, or you'll lose very little with this offer because you're required to place a qualifying bet with your own funds, and if it fails, you'll get a specific free bet in return.

    For example, a betting site might offer risk-free $20 in free bets if you place a $40 wager with three selections of 1.5 odds each.

    A risk-free bet is somewhat similar to a high-percentage cashback promo, but instead of getting betting funds, you get free bets of specific values. The former sounds better, but the latter usually comes with lower wagering requirements. Plus, most cashback promos only cover a portion of the wager, while risk-free bets can equal the amount wagered.

    No Deposit Free Bets

    A no deposit free bet is the same as the standard one we've described, with the main difference being that it typically goes to new players as a welcome bonus. It's also comparable with a no deposit casino bonus.

    The promo is usually small and comes with several stipulations like a maximum win cap, non-returnable free bet stake, minimum odds, wagering requirements, and more.

    Enhanced Odds Free Bets

    Heaps of punters are familiar with enhanced odds offers that give them better odds in return for wagering on specific events or matches.

    A free bet of this type is the same, with the only difference being that you're not getting paid in real money or betting funds but free bets.

    Free Bet With the Bet Credits Stake Not Returned

    Many betting site bonuses come with free bet stakes that are not returned to the punter.

    For instance, if you get a $10 free bet with a non-returnable free bet stake, and you win $50 in total, you'll get $40 in your account as you'll have to forfeit the $10 stake.

    Top 5 Free Bets

    Bookmaker Bonus VIP Program

    Cobra

    100% up to 150$

    Yes

    TonyBet

    100% up to NZ$ 150

    Yes

    QuickWin

    10% up to NZ$ 400

    Yes

    21LuckyBet

    $50 Free Bet

    Yes

    LeoVegas

    $50 Free Bet

    No

    Best Free Bets by Category

    Feature Bookmaker

    Best Wagering

    TonyBet

    Best Odd

    FezBet

    Best Amount

    Cobra

    Best Free Bet

    21LuckyBet

    How to Find the Best Free Bets

    With so many types of offers and free bet terms, it can be tough to get the right one for you. We've prepared a simple four-step guide to help you find a good free bets offer or a hefty free bet deposit bonus.

    • Estimated Time Needed: 00:05
    • Tools Needed: Account
    • Supplies Needed: Time
    Choose an Online Betting Platform From Our List and Create an Account Step 1

    Choose an Online Betting Platform From Our List and Create an Account

    Check our list of free betting sites and choose the one with the free bet sign-up bonus you like the most. Use our link to visit the official site and create your online betting account. Follow the process to the end and provide correct and complete information.

    Pick the Sport You Want to Wager on Step 2

    Pick the Sport You Want to Wager on

    The exact sport you can wager on might not be included in the conditions of the qualifying bet. Consequently, you might be unable to place your first bet on just any sport. That's why you must check on which sports the free bet works. If there are no limitations, all the better.

    Read the Free Bet T&Cs Step 3

    Read the Free Bet T&Cs

    Visit the site's welcome bonuses and promos section and find the free bet offer. Certain T&Cs apply, so read the most important ones. If you're keen on knowing more, check the general bonus terms to ensure there isn't a condition that would limit your betting strategy.

    Claim the Free Bet and Place Your Sports Bets Step 4

    Claim the Free Bet and Place Your Sports Bets

    If everything is alright and you can make the sports bets you want to make with it, go ahead and claim it. Ensure you complete the required conditions, like inputting a bonus code if there is one, using the right deposit methods, or making the required minimum deposit.

    Benefits of Using a Free Bet at NZ Bookmakers

    Free bets are one of the most popular betting site bonuses among punters and, consequently, very common on betting sites in New Zealand.

    However, some punters are on the fence about using them. Let's look at the main benefits of free bets to see what you hope to gain from them.

    Great for Starting Your Experience on the Betting Site

    Provide Players With Added Betting Funds

    Perfect for Trying Out a New Betting Site

    Can Be Beneficial for Existing Customers

    Free bets are simple bonuses, and they are often risk-free. Even when you have to make an accompanying first deposit, this will likely be a small amount, giving you a perfect opportunity to start your betting ventures.

    Most betting bonuses provide you with funds to use for placing wagers, but free bets are one of the few that give you added funds either for free or very little money. This makes themal for making bonus bets.

    Free bets are usually awarded to new customers, making them perfect for punters looking for a different platform to test. If the free bet is risk-free, you have nothing to lose and much to gain.

    Some betting sites give free bets to existing customers as well. This can happen through loyalty programs with free bet prizes, a free bet club that rewards members with weekly free bets or reload bonuses that come in the form of free bets.

    How We Choose the Best Free Bets?

    To find the most rewarding betting bonuses for punters, we check the features of most promos. It's a process we've formed over years of experience reviewing sportsbooks and betting bonuses like free bets. Let's take a closer look at that process.

    1

    Look for the Best Free Bets Promos

    Our first step is to check as many free bet offers as possible. Naturally, we consider reputable bookmakers in New Zealand and some newer ones to see if they deserve a chance. We put together a list of the free bets on offer and started going through them one by one.

    Naturally, we look for red flags from the very start, like high wagering requirements, suspiciously high bonus money amounts, and more. We go through the bonus terms and eliminate the promos with unfavourable terms.

    2

    Check Bookmaker's License and Security

    The New Zealand Gambling Act of 2003 prohibits online gambling only if the site is located in the country. Placing bets on foreign bookmakers is perfectly legal. However, this means that NZ punters are not protected by their country's laws, which is why using licensed and safe platforms is essential.

    This is one of the reasons we always check the licences of the bookmakers that we recommend. They must own a valid permit from a reputable regulatory body like the UK Gambling Commission or the Malta Gaming Authority.

    3

    Register an Account With the Best Sports Betting Sites

    Once we have a list of the leading sportsbooks with rewarding free bets, our experts create accounts.

    It's never enough to merely look at the offers and their terms. We also have to check all of that in practice to ensure everything the site says and promises is correct.

    4

    Claim the Free Bets

    Once we have an account at the bookmaker's site, we can finally claim the free bet offer to see how rewarding it is and take note of how easy it is to do so. The requirements mustn't be complex or expensive.

    For instance, there's no point in getting $30 in free bets if you have to bet $100 first and then complete 10x wagering requirements to claim your free bet winnings.

    5

    Play With the Free Bet Offers

    We play with the free bet in our hands according to bonus terms. As free bets typically have minimum odds and a number of selections you need to include in your bet slip, we do that to see how easy and beneficial it is to play with the free bet.

    When we are done, we consider everything we've learned to see if the promo is suitable for our readers. You will find it in our top list if the free bet checks all the boxes.

    Pros & Cons of Free Bets in New Zealand

    We've already established that using free bets is fun and potentially lucrative. But we've also demonstrated that they can have terms that might limit your experience or winnings. With that in mind, here's a list of all free bets' pros and cons to help you decide whether to use them.

    Pros

    Pros

    • Little or no risk involved
    • Entirely free
    • Betting without using your funds
    • Incredibly common in NZ sportsbooks
    • Possible bet loses recover options
    • Ideal for trying new betting options
    • Great for testing a new bookmaker
    Cons

    Cons

    • Many T&Cs
    • Not always favourable terms
    • Limited markets

    Free Bets vs Cashback Bonus

    Free bets are similar to cashback bonuses, so it's worth comparing the two. If you have doubts about which ones to claim, this should help you.

    Free Bets
    Check icon

    Very common in NZ sportsbooks

    Check icon

    Great for new punters that want welcome bonuses

    Cancel icon

    Not always suitable for existing bettors

    Check icon

    Some free bets recover all bet losses

    Check icon

    Low wagering requirements in most cases

    vs

    Cashback Bonuses
    Check icon

    Many NZ sportsbooks offer them

    Cancel icon

    Not suitable for new punters as most sites offer them to existing customers

    Check icon

    Great for old and loyal bettors

    Cancel icon

    Possible recuperation of your wagers

    Check icon

    Low wagering requirements, but slightly higher than free bets

    Bottom Line

    Free bets are one of the most common betting bonuses at New Zealand online bookmakers. Moreover, they are often counted among the most lucrative ones too. Even though they tend to come with many terms and conditions like minimum odds, a number of selections, and wagering requirements, they can still be very worthwhile to a punter looking for a new sportsbook to join.

    They come in many shapes and sizes, including first deposit-free bets, no deposit free bets, risk-free bonuses, and more. One or more of these are bound to appeal to every punter, beginners and experienced bettors alike.

    Free bets are usually small, but they require little to no investment, making themal for punters looking to try a sportsbook, make additional wagers, or even recuperate losses.

    With heaps of types and bonus terms, it can be easy to get lost in the sea of offers, but this free bet guide should have everything you need to know to learn how these promos work. Most importantly, we have a list of some of the best free bet bonuses in New Zealand, so all you need to do is choose one. You can pick more than one, as that's one of the main benefits of free bets.

    Check out our top list and pick the site and corresponding free bet you like the most to getd. Read the terms, and if everything is sweet as, you can create an account. Follow the requirements to claim the free bet and start placing bets.

    Frequently Asked Questions

    What are free bets?

    Free bets are sports betting bonuses that allow you to place free bets in exchange for registering and completing additional requirements like placing a wager or making a deposit.

    Am I allowed to withdraw free bets?

    No, free bets are only used for betting. However, whatever winnings you obtain from them are withdrawable as long as you complete the wagering requirements that are usually very low with these promos.

    How long are free bets valid?

    It depends on the free bet and the site awarding it, but they will usually last for a few days or a whole week. This information is always available in the free bet terms section, usually written in fine print beneath the offer.

    Which NZ betting sites have free bets?

    Most quality sportsbooks Kiwis can join offer free bets, usually as a welcome offer or first deposit bonus. Check the list on our page to find a free bet you like and can claim today.

    Are free bets actually free?

    It depends on the offer. Some are, but they are never free money. You still have to use them on the site in a bet slip, and you'll only be able to cash out the winnings.

    How many free bet offers can I claim?

    You can claim as many as you want, as long as it's not the same offer on the same sportsbook. All bookies let punters claim a specific free bet promo once. Creating new accounts so you can get them again is not allowed, and it can cost you all of your bonus funds and winnings.

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