Free Bets & Betting Offers: 50+ Sign-Up Bonuses Compared

You are OK if, currently or in the previous 24 months, you have held any other American Express card, including the British Airways, Marriott and Nectar cards. For clarity, you can still apply for The Platinum Card even if you do not qualify for the bonus.

Are Free Bets Worth It?

For hotel points, we have used our standard valuations (0.5p per Marriott Bonvoy point, 0.33p per Hilton Honors point) We have valued American Express Membership Rewards points at 1p since they transfer 1:1 into airline miles and we are valuing those at 1p Remember that full details on all the cards can be found in our airline and hotel credit cards directory which is updated monthly. You get 50,000 Membership Rewards points (worth £500 as they convert to 50,000 airline miles, assuming 1p per airline mile) when you spend £6,000 in three months. Get 50,000 Membership Rewards points when you spend £6,000 in your first three months Earn 1 Membership Rewards point per £1 spent Points transfer at 1:1 into Avios and Virgin Points You can also convert to other airlines, Eurostar and hotel schemes Two Priority Pass cards, each allowing two people into 1,550 airport lounges Elite status in four major hotel loyalty programmes Digital subscription to The Times and The Sunday Times T&C apply to the bonus and all benefits Representative 685.3% APR variable based on an assumed £1,200 credit limit and £650 annual fee. Interest rate on purchases 29.1% APR variable. You will receive 50,000 American Express Membership Rewards points as a sign-up bonus on The Platinum Card if you spend £6,000 within three months of the date you are approved. You would still benefit from the long list of other benefits.

• Sign up and enter a specific bonus code to get enhanced odds
• For example, get odds of 50/1 for a selected team to win a match
• Maximum stake for the enhanced odds offer is typically £1
• Winnings paid as free bets, subject to wagering requirements
• This offer is often time-limited to the day of a big event
• Normal restrictions on payment methods may apply
• Profit from the enhanced odds is capped at a specific amount

The Platinum Card from American Express comes with an unrivalled list of benefits for the keen traveller.

Your personal travel patterns will determine which of these is the most valuable.

Full comprehensive travel insurance for you, your family and the family of your supplementary cardholder, subject to enrolment Two Priority Pass cards, each of which allows the holder and a guest unlimited free access to 1,550 airport lounges Free pre-booking of selected UK Priority Pass lounges to guarantee entry (eight credits per calendar year, one credit allows pre-booking for one person on one visit) Elite status in four major hotel loyalty schemes:

What to think of when using a free bet?

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Bet £20 Get £20 in Free Bets

It’s time for our annual rank of the best UK travel credit and debit card sign-up bonuses in terms of cold hard cash. The biggest question mark is over the value we apply to the sign-up bonus on each card. For airline miles, we assume they are worth 1p each. Of course, for airlines where short-haul redemptions are bad value, a small amount of miles can be effectively worthless. In some programmes, you would need to already have a decent balance to get full value from the bonus miles. Marriott Bonvoy (Gold), Hilton Honors (Gold), Radisson Rewards (Premium), MeliaRewards (Gold) Access to Eurostar lounges, irrespective of travel class £200 per year to spend in over 170 UK restaurants (credited as £100 per half year) £200 per year to spend in over 1,500 international restaurants (credited as £100 per half year) A digital subscription to The Times and Sunday Times You need a minimum personal income of £35,000 to apply for the card.

• Register and place a £5 bet on any sport at minimum odds of 2.0
• Receive a £20 free bet to use on any in-play football market
• Free bet must be used within 14 days of being issued
• Geographic restrictions apply; check terms for eligibility

You get 30,000 Avios points (worth £300 assuming 1p per Avios) when you spend £6,000 in three months.

Meet the Writer - Frank Monkhouse

A bet on a short-priced selection that meets the minimum odds requirement is typically the sensible approach. You might lose the qualifying stake, but you'll trigger the free bet, which is the actual objective. This is worth stating plainly: a free bet offer should never be the reason you deposit more than you can comfortably afford. The qualifying bet involves real money, and while the free bet represents value, it's not worth overextending yourself to access it. Set a deposit limit, use the offer if it makes sense, and don't let the pursuit of a promotion override sensible bankroll management.

talkSPORT BET - Up to £40 in New Customer Free Bets

If you have a Smarkets or Betfair Exchange account, you can extract guaranteed value from a stake-not-returned free bet by laying the same selection on the exchange. The maths is fiddly to do by hand — use the Free-Bet ROI Calculator to enter your free-bet amount, the back odds at the bookmaker, the lay odds on the exchange and the commission rate. The tool tells you the optimal lay stake and the locked-in cash return either way the race goes (typically 70-80% retention of the headline free-bet value). Gambling should be entertaining and not seen as a way to make money. Never bet more than you can afford to lose. Get 30,000 Avios when you spend £6,000 in your first three months Earn 1.5 Avios per £1 spent Earn 3 Avios per £1 spent with British Airways and British Airways Holidays Receive a Companion Voucher, letting you book two flights for the Avios of one, when you spend £15,000 in a card year A solo

Types of Free Bets Explained

You can transfer them into Avios, Virgin Points or other airlines (usually at 1:1) or into various hotels schemes, into Club Eurostar or use them for shopping vouchers. This is the ONLY personal American Express card where you still qualify for the bonus if you already hold a British Airways American Express card. To qualify for the bonus, you must NOT, currently or in the previous 24 months, have held any other personal American Express card which earns Membership Rewards points. This includes The Platinum Card and Preferred Rewards Gold. You are OK if you had a supplementary card on someone else’s American Express account. traveller can use it for a 50% discount on the Avios for one ticket The voucher is valid in any cabin It can be used on British Airways, Iberia and Aer Lingus T&C apply to the bonus and all benefits Representative 135.7% APR variable based on an assumed £1,200 credit limit and £300 annual fee.

What can you use your Grand National free bets on?

A ten pound free bet on a 1/2 favourite returns only five pounds profit if it wins. The same free bet on an 8/1 shot returns eighty pounds. Obviously the longer-priced selection is less likely to win, but the expected value of the free bet is much higher when used at bigger odds. Horse racing is actually one of the better sports for using free bets precisely because of the range of prices available. A competitive handicap might have runners from 4/1 out to 33/1 — plenty of scope to use a free bet at a price that maximises its expected value.

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Look for selections where you've done your homework and actually think the horse has a chance at its price. A free bet doesn't mean you should abandon your judgement — it means you can afford to take a slightly bigger risk than you might with your own money. A horse you'd normally consider too speculative for a cash bet might be ideal for a free bet. The qualifying bet, the first bet you need to place to get your free bet, should be as straightforward as possible. You're not trying to win big with this bet; you're trying to meet the qualifying criteria with minimum risk. You will receive 30,000 Avios as a sign-up bonus on the British Airways American Express Premium Plus Card if you spend £6,000 within three months of signing up.

Discover Three of the Best Betting Site Offers

The exception is where a bookmaker has a long-standing, well-established offer — but even then, we'd recommend verifying the current terms before signing up. Our individual bookmaker reviews cover more detail on specific offers where we can verify them. A free bet is only as valuable as how you use it. The instinct for most people is to put it on a short-priced favourite, because that feels like the safest way to turn a free bet into real money. In practice, this is usually the worst approach.

Do you get your stake back with a free bet?

Most free bets are "stake not returned" — meaning if your free bet wins, you receive the profit but not the original stake amount. If you place a ten pound free bet on a horse at 2/1 and it wins, you receive twenty pounds (the profit) but not the ten pound stake. With a normal bet, you'd receive thirty pounds. This changes the mathematics of where to place your free bet. Because the stake isn't returned, shorter-priced selections offer poor value for free bets. To qualify for the bonus, you must not have held the British Airways American Express Premium Plus or the free British Airways American Express credit cards in the previous 24 months.

What should you look for when choosing your Grand National free bet?

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