The top online bookmakers are always looking for ways to attract new customers and for that reason, most of them offer to new players free bets, sign up or first deposit bonuses. If you want to start betting online, it is important to read the conditions carefully and pick the best offer. Keep on reading and check the most common ways of getting some free money.

Money back specials are a popular type of promotions offered by online betting sites. How does it work? Easy. If a certain event occurs in a match, your losing bets will be refunded. For instance, “bet on Manchester United vs. Arsenal and get your money back if Zlatan Ibrahimovic is the first player to score a goal”. This means that even if the bet is lost (e.g. you bet on Arsenal and Man U. wins), you get your money back if the Swedish footballer was in fact the first to score. PaddyPower have got a huge choice of money back specials available. Have a look at the current promotions.

If you surf the web, you will find enhanced odds promotions. In this case, bookmakers reward all players with additional winnings (in cash or free bets) if they win their bets. Let me put an example: "Golden State Warriors to win over the Cleveland Cavaliers at enhanced odds 5". If you place a 10$ bet on "Warriors win the match" at odds of 1.3 and win, your returns will be higher than 13$ (10$ x 1.3). You will collect 50$. Betfair offer enhanced odds to new customers on a weekly basis.

Risk free bets are often reserved for new customers only, but not always. Online bookmakers give you a chance to wager once without any risk. If you lose your bet, you will be refund (in cash or free bets). This is an incentive to give beginners a boost. It’s pretty simple: make a bet and if you lose you don’t have to worry about it, you still have your stake intact.

Last but not least, almost all betting sites reward new users with a first deposit bonus, for example "100% up to $100". It means that as soon as you will make a first deposit, you will be granted with bonus money to play, up to a certain maximum amount. More information on first deposit bonus here.