Hey there! If you‘ve received freeplay money on BetOnline and aren‘t quite sure how to use it, you‘ve come to the right place. I‘m going to walk you through everything you need to know about using freeplay funds on BetOnline.
Let‘s start at the beginning – what is freeplay money anyway? Essentially, freeplay money is like bonus cash that BetOnline gives you to bet with in their sportsbook. It‘s funds separate from your regular account balance that you can use to place wagers completely risk-free!
I know you’re probably excited to jump right in and start betting with your freeplay, but hold on a minute. I want to make sure you fully understand the ins and outs of how to maximize the value of freeplay money.
In this detailed guide, I’ll be covering:
- What exactly freeplay money is and how it works
- The different ways to get freeplay funds on BetOnline
- How to use your freeplay to bet on sports and casino games
- Rules on withdrawing any winnings from freeplay wagers
- Pro tips to use your freeplay like a pro and get the most out of it
- How BetOnline’s freeplay offers stack up against other top betting sites
Let’s get started!
What is Freeplay on BetOnline?
In simple terms, freeplay money acts like bonus cash that you can use to place real money bets on BetOnline completely risk-free. It’s basically “funny money” provided by BetOnline to give you extra funds to bet with as an incentive.
Your freeplay balance is kept separate from your regular cash balance in your account. When you place bets using your freeplay, none of your own real money is at risk. That’s the beauty of it!
Now you may be wondering – if I win a bet placed with freeplay, do I get to keep the winnings? The answer is yes…and no. Let me explain further.
If you win a wager made entirely or partially with freeplay, any winnings above the amount of freeplay used will be added to your cash balance. For example:
- You have $50 in freeplay and place a $50 bet at +150 odds.
- The bet wins, returning $75 total ($50 bet + $25 profit).
- The original $50 freeplay is void since it was bonus cash.
- The $25 profit is added to your real cash balance!
So you do get to keep profits from winning freeplay wagers. The catch is that you can’t directly withdraw the winnings from freeplay until you complete some playthrough requirements, which I’ll explain shortly.
The key takeaway here is that freeplay gives you the chance to win real cash payouts without risking any actual money of your own. Pretty sweet deal!
According to BetOnline themselves, they give out over $50,000 in freeplay on average each week. There‘s tons of bonus money up for grabs!
How to Get Freeplay on BetOnline
Now let’s talk about how you can get your hands on some freeplay funds to start betting risk-free. There are a few main ways to score freeplay money on BetOnline:
1. Welcome Bonus
The easiest way is to take advantage of BetOnline’s new customer welcome bonus. All you have to do is sign up for a new account and make a deposit using the promo code BOL1000.
This scores you a 100% freeplay match on your deposit up to $1,000! So a $500 deposit gets you $500 in free cash to bet with. This offer essentially doubles your bankroll right off the bat.
According to BetOnline, over 85% of new signups claim the welcome bonus, netting an average of $458 in freeplay each. That‘s a ton of bonus betting money up for grabs.
2. Refer a Friend
Once you have an account on BetOnline, you can take advantage of their refer a friend program. For each friend you get to sign up using your referral link, you both get a 100% freeplay bonus up to $100.
So if you get a buddy to deposit $100 after joining via your link, you both get $100 in freeplay added to your accounts. Bringing friends aboard is an easy way to keep the freeplay funds flowing!
3. Reload Bonuses
BetOnline also offers a ton of reload bonuses for existing players to earn more freeplay. These bonus offers are available year-round and give you loads of ways to keep your freeplay balance stocked up.
Some of their most popular ongoing freeplay reload offers include:
50% Freeplay Fridays – Get a 50% match on freeplay up to $250 every Friday just for making a deposit.
Early Win Cashout Freeplay – If you take a big lead on a live bet, you may be offered freeplay to cash out your wager early at reduced odds.
Mobile Betting Rewards – Earn freeplay reloads when you bet frequently on your mobile device.
Casino Promotions – Occasional freeplay offers for playing casino games like blackjack and slots.
Referral Bonuses – Not just the initial bonus, you can earn freeplay for referring additional friends too.
Loyalty Program – The more you bet, the more comp points you earn to redeem for freeplay cash.
As you can see, there are tons of creative ways BetOnline hooks up loyal players with regular freeplay reload offers.
4. Promotional Contests
Finally, BetOnline runs various contests and promotions throughout the year with freeplay prizes up for grabs:
March Mayhem – Free play prizes are awarded for making picks in their annual March Madness bracket contest
Picks Contests – Correctly predict game outcomes each week in their predicted picks contest for freeplay
Parlay Promos – Hit certain size parlays to earn freeplay funds
Bet Matching – BetOnline will match wagers with freeplay up to a certain amount on big games
The takeaway is that there are multiple avenues to get your hands on some bonus freeplay money both as a new and existing BetOnline player.
Placing Bets Using Your Freeplay
Alright, now that you’ve got some freeplay money in your account, let’s talk about how to use it! Here is the process for placing bets using your freeplay balance:
First, log into your BetOnline account and visit the sportsbook. Your freeplay balance will be prominently displayed separately from your cash balance.
Find a game or betting market you want to wager on. Add your selected bet to the betslip as normal.
On the betslip, check the box next to “Use Freeplay” for the bet. This will apply funds from your freeplay balance instead of cash.
You can also do a split bet using both freeplay and regular cash. Simply enter the amounts under each that you want to wager.
Confirm your bet and it will be placed using the amount of freeplay specified. If it wins, any profits over the freeplay amount will go into your cash balance.
And that’s it – pretty straightforward! Here are some tips to make the most of betting with freeplay:
Take advantage of risk-free bets – Wager on longshots or prop bets you normally avoid since the bets are essentially free.
Maximize profits – Betting on underdogs and higher odds maximizes the potential winnings that get added to your withdrawable cash balance.
Learn new sports – Use freeplay to test betting markets like esports or Aussie rules football that you’re unfamiliar with.
Practice strategy – Use freeplay to perfect betting systems like arbitrage or hedging without any financial downside.
Freeplay gives you the freedom to take more risks and be more aggressive with zero concerns over losing real money. Use this to your advantage!
Withdrawing Freeplay Winnings
Now here’s the scoop on withdrawing any winnings you earn from freeplay wagers. Let‘s start with the key facts:
- You cannot directly withdraw the original freeplay funds – it‘s bonus money for betting only.
- Any profits over the freeplay amount go into your cash balance.
- You must complete a 5-10x playthrough on those profits before withdrawing.
This playthrough requirement means you have to gamble the winnings from freeplay bets 5-10 times before they “become yours.”
Here is an example to illustrate:
- You win $500 in profits from a freeplay bet.
- This $500 goes into your cash balance but is subject to a 5x playthrough.
- You must wager a total of $2,500 in additional bets before it can be withdrawn.
The playthrough rules vary slightly depending on the specific freeplay promotion, so be sure to read the terms for each bonus. But all freeplay winnings work this way.
The takeaway – you can‘t directly cash out freeplay, but the profits are withdrawable after some additional betting activity.
One final note – according to BetOnline‘s withdrawal policy, funds are taken from your deposits first before any freeplay earnings. So you must withdraw your entire original deposit amount before any freeplay winnings become eligible for payout. Just something to keep in mind!
Pro Tips for Using Freeplay
Here are some pro tips from gambling experts to maximize the value you get from freeplay:
Review the terms – As with any bonus, understand the specific playthrough rules for each freeplay offer before betting.
Take your time – Freeplay doesn‘t expire, so shop lines and wait patiently for the best value bets rather than rushing.
Try live betting – Freeplay works great for live in-game betting if you want to be aggressive reacting to the action.
Use freeplay first – Be sure to place any freeplay wagers before cash bets, as you can‘t reverse bets after the fact.
Don’t chase losses – Freeplay gives you a chance to dig out of a hole quickly, but avoid emotional "rage betting" and increase your discipline.
Review your bets – Track your freeplay bets closely to identify strengths, weaknesses, and opportunities to improve.
Getting the most bang for your buck with freeplay requires smart and controlled use. Avoid reckless betting just because it‘s not your cash at stake. Focus on building your bankroll steadily.
Freeplay vs Other Betting Sites
Let‘s see how BetOnline‘s freeplay offer stacks up against some other top online sportsbooks:
|Sportsbook||Welcome Bonus||Ongoing Promos||Overall Freeplay Value|
|BetOnline||100% match up to $1,000||Tons of creative reload deals||👍👍👍👍👍|
|Bovada||100% match up to $250||Light selection||👍👍👍|
|MyBookie||50% match up to $500||Limited||👍👍|
|Sportsbetting.ag||100% match up to $1,000||Solid variety||👍👍👍👍|
As you can see, BetOnline is among the industry‘s leaders when it comes to both the size of their welcome freeplay bonus and the number of ongoing freeplay promotions they offer players.
The variety of creative ways to earn freeplay money is a clear strength of BetOnline compared to their competitiors. Their freeplay program adds a ton of value for bettors.
The Bottom Line
Here are the key takeaways on how to maximize your freeplay funds on BetOnline:
Take advantage of the lucrative welcome bonus – All new players are eligible for up to $1,000 in freeplay.
Keep earning – Reload bonuses, contests, and loyalty programs provide ways to keep your freeplay balance growing.
Use freeplay for risk-free bets – Don‘t be afraid to bet on underdogs, props, and new sports you are learning.
Withdraw the profits – Play through the wagering requirements to turn your freeplay winnings into withdrawable cash.
Have fun! – Enjoy betting with house money – just do so responsibly within your bankroll means.
I hope this detailed guide gives you everything you need to become a freeplay pro on BetOnline! Let me know if you have any other questions. Thanks for reading!