The Betsafe sports betting site are offering new members the chance to double their first deposit with up to £/$/€30 in free bets available! The Betsafe brand have been in business for around a decade now and have built an ‘unrivaled reputation’ for safe and honest betting by using a couple of simple yet very effective ground rules. Using Credit Cards to Fund Your Betting Site Account. Using a credit card is one of the most common deposit methods. American Express, MasterCard and Visa are widely accepted by betting sites all over the world, and are a good sign of a betting site’s legitimacy, since major card issuers are usually careful not to conduct business with fly-by-night operations. Bonus Key Qualifying Criteria: Use Promo code: 30f.New customers only, Minimum deposit of £10 using deposit code 30f, A qualifying bet is a ‘real money’ stake of at least £10 placed on any sports market, Minimum odds of 1/2 (1.5), Free bets credited upon qualifying bet settlement and expire after 7 days, Free bet stakes not included in returns, Deposit method and withdrawal restrictions.

£5 betting sites can be categorised two ways; sites which accept £5 deposits and sites which accept £5 bets. This article is designed to look at bookmakers which take £5 deposits from punters.

These days, it’s possible to place bets quickly and easily online, and mostly you can put bets on for as little as £1. Some bookies have also been known to accept even smaller bets which can be as low as just £1, 50p and even 10p.

Best £5 Deposit Betting Sites: Top 10

The following is a list of the best sites which accept £5 deposits:

£5 Betting Sites Compared

There has been a lot of competition in recent years between online bookmakers to reduce the minimum deposit, and some have even made it down to £5. This means you can log onto your account, deposit £5 using your favourite deposit method, and then place a small bet. Casual punters who don’t want to be tempted into wagering large amounts in one go generally favour this type of method, where small amounts are deposited at a time.

Out of all the possible online bookmakers, three stand out above the rest as being the best for depositing small amounts such as only five pounds.

Reviews – Top Bookies For A Fiver

BetVictor – The Best

BetVictor is without a doubt one of the best betting sites around, especailly for football odds, and when it comes to placing smaller bets online they can also be classed in the five pound sites category. You can place a small deposit with BetVictor just as easily as large ones, with the fund source of your choice. The minimum deposit is £5, which actually is just the right amount for the smallest possible amount you can transfer. Under £5 and you can easily leave yourself short if you need to bet again, and above £5 can be too much for punters who don’t want to over-expose themselves. BetVictor supports all the major credit and debit cards, along with PayPal, Skrill, and a variety of other credit sources.

New customers only, 18+, T&C's apply.

Coral – Our Second Choice

Coral is one of the best £5 min deposit bookmakers out there, with thousands of markets available. In addition, with Coral you can bet ‘in play’, which particularly suits punters who only deposit small amounts. Take an example where a football match is in the 70th minute and it’s looking like a draw, but you get the feeling that there might be a last minute goal. By wagering in play you can usually get great odds at this stage at going against a draw. You may not want to commit a large deposit from your bank account, so logging on and quickly depositing a fiver and then placing a bet is a great way to control spending.

With Coral you can do this as many times as you like, and they don’t charge a fee for small deposits. Naturally, if you’re planning a series of bets, then a larger deposit is more preferable, but for ‘spur of the moment’ betting with a quick fiver here and there, it’s good to know you’re well catered for with Coral.

In addition, if you’re out and about, why not take advantage of Coral’s great app, which allows you to deposit money from your usual fund source while on the move. Even if you’re actually at the races, you can log in, deposit a quick fiver, place a bet, and then watch as (hopefully) your chosen horse romps to victory.

You can transfer funds from a fiver upwards from any of your preferred form of payment to your account without fees or charges.

New customers only, 18+, T&C's apply.

William Hill – 3rd Best

There are quite a few bookmakers that actually allow minimum deposits of £5 and it’s almost unfair to pick a 3rd place entry, but if anything William HIll should get third spot on this page.

It’s true that you only get to deposit £5 if you’re using a debit card, but William Hill have a really quality site, and it’s really easy to use. If you’re using a credit card or any other type of deposit methods, you must place a minimum of £10. If you’re used to topping up your betting account by debit card however, this won’t worry you can they’ll accept £5 quite happily. Plus the minimum bet amount is just 3p so should cater for all levels of punters.

If you sign up today and bet £10 you’ll trigger £20 in free bets.

New customers only, 18+, T&C's apply.

Related Reading

Check out the best way to deposit for online betting and find out how to stop your personal details being compromised or your card details being stolen.

We’ve got a great solution to staying safe when betting online – it really is a must read if you want to stay safe when betting online.

If you’re a user of an online sportsbook today, you are sure to have come across a variety of free bet offers. These may be awarded when your bet loses in a certain way, when making a deposit to a site, or as a bonus for simply signing up to a site.

These free bets can come in all shapes and sizes, and to take full advantage, it is good to have a real understanding as to how each of the free bet offers work. In an industry where making a profit can be a tough ask, taking advantage of these free bets can be the difference between beating the sportsbook and losing.

Best Online Sportsbooks with Free Bet Offers

This article is divided into the following sections, detailing exactly how free bets work and explaining the different types of offers you’ll find online:

• How a Free Bet Works: A breakdown of the mechanics of free bets.
• How to Claim Free Bet Offers: Detailing bonus codes and where to find the offers.
• Types of Free Bet Bonuses: A detailed analysis of risk-free bets, free bets, match bets, no deposit offers, and money back offers.

How do free bet bonuses work?

Free Bet offers are unusual in that they are advantageous for both the customer and the sportsbook.

• The customer is more than happy, as they have these free bets to play with, with the potential to earn free money on the back of them.
• The sportsbooks are happy as they provide a great way of attracting new customers to their site – and sportsbooks thrive on customers.

As you’ll read below, free bets can come in a variety of ways. They might be based on making a deposit, or simply placing a bet. Generally, the free bet award will be minus your stake. For example, if you were to place a $100 free bet wager at odds of +200 and it won, you’d be awarded $200, but not receive the stake back as well. Occasionally, you might find a free bet where the stake is included – look out for these, as they can offer far more lucrative rewards.

It always pays to read the terms and conditions of any free bet offers. It’s usual practice to only offer one per household (this is to stop the one gambler in the family opening multiple accounts for every other relative who lives at the same address). Age restrictions will be in place too.

How to claim a free bet no-deposit offer

The way you’ll claim a free bet will change from site to site and be dependent on the promotion. For example, if your free bet is on the back of an initial deposit bonus, the free bet might be allocated to your account immediately.

The same prompt reward might come your way if you’ve won a free bet on the back of a loss. Other times you might have to enter a bonus code to claim your free cash. It’s always a good move to read through those terms and conditions first if you’re not sure – there is nothing more annoying than losing out on a free bet because you didn’t realize you had to enter an advertised bonus code.

Bonus codes will usually come from the site itself, although in certain circumstances, you might find a bonus code offered by a third-party company.

Any time you sign up to a new site (or even better, thinking of signing up to a new site), your first port of call should always be to the ‘Promotions’ page. This is where you’ll find all of the offers available, including the welcome package as well as any ongoing promotions and loyalty schemes.

Types of free bet bonuses

It wasn’t so long ago that free bets were almost unheard of. In the early days of online gambling, customers were simply pleased that online sportsbooks were there. People couldn’t take advantage of the offers because there were none. However, as competition within the industry has grown, sportsbooks have developed a number of ways of attracting new customers with free bet offers.

Here is a detailed rundown of all of the different types of free bets bonuses you can enjoy at an online sportsbook:

Risk-free bets

There is nothing more enjoyable than a risk-free bet. Like many of the offers listed below, these are usually reserved for new customers at a sportsbook. They will require you to make an initial deposit and then place that first wager. If the bet wins its business as usual and you’ve made a fine start with your new account. If the bet loses, the ‘risk free’ part comes in.

At this point, the sportsbook will refund your stake in the form of a free bet. You’re now free to place another bet. Effectively with this type of bonus offer you are freerolling with your first bet.

In most cases, the free bet award will not include your stake if it wins. Check the terms and conditions as there will usually be deadlines for both placing the initial bet and then placing the second bet (if the first one should lose). With generally shorter deadlines, aim to place short term wagers instead of heading to the futures markets.

A good example of a risk-free bet is the one offered by FanDuel Sportsbook, where they’ll give you a free bet of up to $500. If your bet loses, it’s like it never happened.

No deposit offers

No deposit offers are some of the most enjoyable promotions you’ll find online. The idea behind them is that you can bet for free (and potentially make some cash!) and that you’ll enjoy the site so much you’ll stick around. On this basis, you’ll usually find these offers at those sportsbooks that do offer a good service overall.

These no deposit offers are usually on the smaller side of the bonus amounts, maybe in the region of $10 or $20. Unfortunately, it’s not quite as simple as placing the free bonus cash as a wager and withdrawing the winnings. You’ll usually find a play-through requirement with these offers. If you take a $20 no deposit offer with a 15x playthrough requirement, you’ll have to wager a total of $300 to make the cash yours.

At DraftKings Sportsbook you can enjoy a free $25 no deposit bonus – perfect if you want to ‘try before you buy’ and give your account an instant boost.

Matched bet bonuses

Another good bonus variant is the matched bet bonus. Having made your first deposit and placed that first bet, the sportsbook will give you a free bet up to the same amount. This is similar to the risk-free bet in that if your initial bet loses, you’ll have another chance with the free bet. However, this has a distinct advantage, in that if the initial bet wins, you’ll still gain the free bet.

Very similar (again) to the matched bet bonus is the matched deposit bonus. This time the size of the free matched bet is based on the size of your initial deposit (as opposed to the size of the first bet).

In both of the above cases, you might find more stringent playthrough requirements due to the greater generosity of the offer.

William Hill New Jersey operates a scheme along these lines, where once you’ve deposited and placed bets up to the value of $50 or more, they’ll give you a free $50 to play with.

Betting Sites Usa

Money-back free bets

Free Money Betting Sites

One of the most interesting developments in bonuses and promotions is the introduction of money back bets if a wager loses in a certain way. Here’s some good examples of these free bet offers:

• Back a baseball team and they lose in extra innings.
• Bet on a basketball team and they lose in overtime.
• If a bet on a soccer team fails due to a goal being scored after 80 minutes.
• Place a soccer wager on a selected market and have the game finish without a goal.

In all of these cases, your free bet award will be without the initial stake, so you’ll only receive the winning portion should your free bet win.

At some sportsbooks, like FanDuel, you’ll also find insurance bets which work in a similar way. These promotions work with parlays with a minimum number of selections. If one leg of the parlay lets you down, you’ll receive your initial stake back as a free bet.

Many of the above offers (including the overtime in basketball, the extra innings in baseball and the goal scored after the 80^th minute in soccer) are available at BetStars New Jersey.

Other free bet offers

As well as the popular methods employed above, you might also find many other ways of enjoying free bets.

Particular promotions might state that if you wager a certain amount on a given sport during a set time period, you’ll be awarded an additional free bet.

For example, at BetStars Sportsbook if you bet $25 within any given Monday and Sunday, you’ll be awarded a free bet of $5. Another good example is at William Hill, where they’ll refund you 20% of your losses as a free bet on any 4-team losing parlays in baseball. MGM runs a similar promotion, offering you 10% back on any losses during the NBA playoffs.

Loyalty schemes are a good way to enjoy free betting too. Many online sportsbooks offer reward programs, where you’ll earn points every time you place a bet. You’ll be able to turn these points into cash or free bet credits. These loyalty schemes are usually linked into VIP clubs too, which can lead to further benefits – the quicker you earn these points, the larger range of additional benefits will come your way.

Advantages of free bets offers

Obviously, any time you receive a free bet, it will feel like a bonus. However, when you look at it from a numbers point of view, these free bets can make a real difference.

Every time a sportsbook offers odds on an event, they have their own ‘juice’ incorporated into the odds. For example, in a two-way market, you’ll usually find odds of -110 for each side of the market. This effectively means that in a 50/50 bet, you’ll get slightly less than double your money back – this is where the sportsbook takes their cut (this is a necessary evil, as without that cut, sportsbooks wouldn’t exist and none of us would be able to place a wager).

If you incorporate these free bets effectively into your betting strategy, instead of the sportsbooks having the edge, you can turn it around and have the edge yourself. Many of the offers detailed above can effectively double your initial deposit or bet, turning those odds hugely in your favor.

These free bet offers usually come when opening a new account, so can add to the feel-good factor with that account and give you added confidence in your selections too. Knowing, for example, that you have a risk-free bet first up with a new account, you have that element of freedom. If the bet wins, you’re off to flying start at the new sportsbook – and if it loses you’ve got a second bite of the cherry.

Disadvantages of free bets?

It seems strange to talk about disadvantages when it comes to free bets. However, at times you have to be a little careful, especially when around lesser well-known sportsbooks.

For example, you might find a free bet offer where there is a huge playthrough requirement. This could effectively mean that you’ll be tied to placing an impossibly large number of bets (sometimes within a short time scale) to clear the free bet funds. In these instances, the sportsbooks will have more than got their money back through the juice gained by placing all of these additional bets.

Again, always check the terms and conditions when signing up to a new site. A good piece of advice is to stick with the regulated and state-sanctioned sportsbooks. These perfectly legal sportsbooks want to keep their customers happy, so their offers and promotions are geared to give the good sports bettor an increased chance of success.

Rules and regulations with no deposit bonuses

Whenever there is a free bet offer, you’ll usually find a series of rules and regulations around the free bet offer. It’s always handy to know exactly what these are, so head into those terms and conditions again to find out exactly what you need to do – just to ensure you don’t fall foul and lose out. Here are some common rules around free bets:

• The free bets must be placed at a minimum odds level. This will usually be odds of around -200 (or 1.5 in decimal).
• There will be a time limit. Usually, you’ll have a longer time limit to place any qualifying bets, with a short time limit (of possibly just seven days) to place the free bet.
• Free bets usually need to be placed as a straight wager. Parlays might be allowable too, but bets such as round robins (where you can hedge your bets a little) are usually not allowed.
• Free bet offers are usually limited to one per household – so even if you are genuinely opening a new account, the sportsbook might deny the promotion if a family member has already taken it up.
• Many sites will require location verification, ensuring you are indeed betting from within the state/country you say you are betting in. This can be done through using the appropriate settings on your mobile device, or location software added to your desktop/laptop. Ensure you’re the appropriate age too!

Free bets overview and advice

Free Online Betting

With so many sportsbooks bombarding you with free bets and other promotions, it can pay dividends to spend a little bit of time choosing the right one. Head to their promotions page and check out exactly what each site offers. You might want to take advantage of a large risk-free bet or be more drawn to that impressive matched bet bonus. Check out what offers are available on your favorite sports too – there’s no point in joining a site that is geared towards offering NFL promotions, if you’re going to be baseball betting throughout the year (and vice versa).

Choose the right free bet offers and your sportsbook account could enjoy a nice, healthy boost.