With the increase in popularity and simplicity of online betting, choosing where to bet is often more important than what to bet on.
Online sports betting continues to grow as more and more professional and casual punters move online. This creates an exciting battlefield as online bookmakers fight for market share. In order to win your custom and get you to try their sportsbook, you’ll find yourself in a unique position to take advantage of thousands of dollars worth of free bets with the online bookies.
Some of our free bets are so big, casual punters can join an online bookmaker and place a huge free bet (even if you wouldn’t normally bet that much yourself) and enjoy the spoils of punting with some big money.
We’ve answered a lot of the frequently asked questions about online betting, so if you’re new to online betting, we recommend you read our guide to everything you need to know about online betting.
Here’s a summary of the offers available to new members of these bookmakers:
Horse Racing Betting Offers
The best Australian online bookmakers, offering great bonuses and betting on Australian horse racing.
Below we have a better summary of the offers and how to claim and we’ve also given you the full details for the best free bet offer from our most recommended online bookmaker, Luxbet.
Luxbet
Luxbet have really come to the party when offering a great incentive to new players, they’ve given Races.com.au readers the very best deal anywhere on the internet. If you haven’t seen it on our site already, here’s the deal:
Jot this down: Luxbet Free Bet Promotional Code: BONUSBET
If you are new to Luxbet and want to have a bet online, this is THE offer to take. All you need to do is sign up and make a deposit into your new betting account. Use the code (Exclusive to Races.com.au) BONUSBET on the sign up form and you will get a free bet worth up to $400.
How it works: Luxbet gives you a bonus bet valued at equal whatever you deposit (to a maximum of $400).
You can deposit a minimum of $25 to claim this promo, but to get the maximum $400 free we suggest you deposit $400. If you don’t want to put $400 in first up, we recommend the biggest deposit you can because the bonus is based on your first deposit only.
Deposit at least $400 to get the maximum benefit from this promotion!
| You deposit: | Your first bet is: | Your total to bet: |
|---|---|---|
| $25 | $25 | $50 |
| $50 | $50 | $100 |
| $75 | $75 | $150 |
| $100 | $100 | $200 |
| $250 | $250 | $500 |
| $400 | $400 | $800 |
Other Online Bookmaker Free Bet Offers
We’ve dealt with each bookmaker and got the very best deals they have available. We’ve twisted their arms until they gave up the biggest bonuses for our visitors, even bigger than the bonus they offer directly on their own website. We have obtained the very best market offers from each bookmaker exclusively for readers of Races.com.au.
HOT TIP: It’s worth trying them all – You don’t have to deposit and bet at all of them but it is worth having a look. You can open a FREE account at each bookmaker and check out how their website works, how the bet slip looks, what deposit options there are etc. Visit Sportsbet, Luxbet, IASbet, Centrebet, Betfair and Sportingbet.
You might find one that suits you best, but it doesn’t mean you have to miss out on the other free bets – you can still take up the offers from each bookmaker when you are ready – as long as you joined via the links above you should be eligible. Check with each bookmaker when you visit their special offer page via Races.com.au and make sure you take down notes of any instructions or promo codes.
To take advantage of the best sign on bonuses available make sure you click the links on our site because they take you direct to the special exclusive offer pages.
How to get up to $250 free at Sportsbet
Sportsbet‘s offer is our 2nd biggest value bonus and they’re also our most popular bookmaker. The free bet offer is essentially up to $250 cash which is matched based on your first bet. For example if your first bet is $250 then Sportsbet will credit your account immediately with an additional $250. You don’t need any special codes, you just need to click our link below to go through to the exclusive bonus page. Sportsbet actually offer up to $150 free from their own homepage, but we’ve negotiated a 2x better deal for you!
How it works: Sportsbet free bet offer is basically 100% match bonus so you will earn 100% cash back based on your first bet placed (up to $250).
You can deposit a minimum of $25 to start claiming this promo (we suggest at least $250 to get the most out of it). To get the maximum $250 free your first bet must be $250 – shortly after the “$250 free bet” will be entered into your account so you can use it later for other bets.
| You deposit: | Your first bet is: | Your total to bet: |
|---|---|---|
| $25 | $25 | $50 |
| $50 | $50 | $100 |
| $100 | $100 | $200 |
| $250 | $250 (BEST) | $500 |
| $500 | $500 | $750 |
| $1,000 | $1,000 | $1,250 |
Visit the Sportsbet site for an example of how the “average” bet bonus works (there’s a great table). We like this offer because it gives you a chance to use the system and get multiple rewards over time.
How to get $200 free at IASbet
IASbet‘s offer is one of the first we negotiated and still one of the best. A lot of punter’s have taken the offer and done really well out of it. This is a very decent free bet offer – straight up $200 free bet. When you sign up just enter “PAN200″ where it says “Promotional Code” on the signup form.
How it works: IASbet gives you a $200 bonus bet when you deposit $100 or more.
The only catch with this one is you need to put $100 in to start with. But when you consider the $200 free bet and the fact that IAS let’s you bet fractional exotics, have great fixed odds etc, it is well worth it. We definitely recommend that you give IASbet a go.
| You deposit: | Your Bonus is: | Your total to bet: |
|---|---|---|
| $100 | $200 | $300 |
How to get up to $200 free (CAN’T LOSE) bet at Centrebet
Centrebet‘s free bet offer is a little bit different, but still easy. All you have to do is make a deposit and place your first bet. If your first bet doesn’t win you’ll instantly receive a Bonus Bet equal to the same value as your first bet up to $200.
How it works: Centrebet gives you a refund bet up to $200 if your first bet should lose.
You can deposit a minimum of $20 with Centrebet but to claim this promo the minimum first bet is $10 (Then you’ll get a $10 free bet token). To get the maximum $200 free bet refund we suggest you place your first bet to be at least $200. If you can’t afford to put $200 in first up don’t worry, you’ll still be eligible. Just deposit as much as you can because the bonus bet is only based on your first bet placed.
| You first bet: | Your free (Can’t Lose) bet is: | Your total to bet: |
|---|---|---|
| $10 | $10 | $10 |
| $25 | $25 | $25 |
| $50 | $50 | $50 |
| $100 | $100 | $100 |
| $200 (recommended) | $200 | $200 |
How to get up to $100 free at Betfair
Betfair‘s offer is another easy one. It may be the smallest offer, but it’s one of the best, that is because of the way their system works. Betfair is a unique betting platform where you can become the bookmaker. Betfair allows you to back or lay (bet it won’t win) each horse or team etc. For every event, you can bet on either side of the market. This means that Betfair has slightly different (and often better) odds than other bookmakers.
How it works: Betfair gives you a risk-free $100 bet. If you lose, they refund your first bet up to $100.
Join Betfair today to take advantage of their $100 First Bet Refund*. Simply, place your first bet up to $100 on Betfair and if your first bet loses they’ll refund you up to $100! *This offer excludes residents of VIC and SA. Terms and Conditions Apply.
| You deposit: | Your Free Bet is: | Your total to bet: |
|---|---|---|
| $100 (recommended) | $100 | $100 |
And don’t forget: Like anything, terms and conditions are subject to change. Check them out at each bookmaker when you visit.
