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Best Bookies Free Bets NZ May 2024

Free bets are one of the biggest betting offers betting sites give to new and existing players. Now is the time to take advantage of some great New Zealand free bet offer deals. From extra funds to a risk free bet, no deposit free bets, bonus bets, free bet sign up offers, bet credits, existing customer free bets and more, there are plenty of betting offers and free bets NZ players can trigger with the first deposit with their own money by opening a new betting account today.

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The TAB may have a sports betting monopoly in New Zealand, but Kiwis can (and are legally permitted to) seek the best free bet offers at other international betting sites.

In this guide, we’ll take you through the types of bookmaker free bet offers that are available and point you to current betting offers you can grab with your own money at each betting site you can access across the country. Our free bet offer experts will give you advice on what to look for when choosing a free sports bet and read about the important terms & conditions, wagering requirements and minimum odds associated with your qualifying bets, and whether or not you need to input a bonus code with your first deposit to claim free bet promotions.

Bookies Free Bets NZ

If you’re new to online sports betting, then you might not know too much about free bets or bonus bets. Well, free bets are any type of risk-free option an NZ betting site gives you to place on sports.

There are scores of New Zealand free bets available to players. We’ll go into them in detail further down this guide. The true art of the free bet isn’t just landing one, it’s to find the best free bet offer that’s right for you.

The first step is to look through NZ betting sites with free bets, think about what you want from the deal, and then join your preferred site or sites. From there, you can deploy the best free bets on the bet slip for sports you love and reap the rewards at a much-reduced risk.

Each betting site we promote at Bookies.com provides free sports bet deals in some form or another. However, before we show you the best free bet offers available, let’s take a quick look at the types of betting offers you can expect to find. Remember there is no limit to how many free bets you can claim, except you can only claim one free bet sign up offer from each bookmaker.

👑 MyStake Sportsbook 100% Welcome Bonus Up To $500
👑 TonyBet Sportsbook 100% Welcome Bonus Up to $150
👑 BetWay Free Sports Bet Up To NZ$60
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👑 BetVictor 150% Matched Free Bet Up To $150
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👑 William Hill Bet NZ$10, Get NZ$30 In Free Bets
👑 BetWay Sports Free Sports Bet Up To NZ$60

Types of New Customer Free Bets

Free bet sign up offers come in all shapes and sizes. The point of them, though, is always the same. Bettors can use free bets or bonus bets to place risk-free wagers on sports and chase big wins without staking their own money. Here are the types of free bets and bonus bets NZ players can expect to encounter:

Matched Deposit Bonus

The most common type of free bet is a matched deposit bonus. This is where the sportsbook gives you a percentage of your deposit as free funds to wager on sports. BetVictor, for example, gives players up to $60 in free bet credits when they sign up, deposit, and bet on a sports event at odds of 2.00 or greater. You then get matched deposit free bets to the size of your wager.

Free Sports Bet No Deposit

A no deposit free bet is a lot rarer than a matched deposit bonus, but these types of free bet do exist. With no deposit bets, a sportsbook effectively gives players a risk-free shot at a wager. It might come from winning a competition within the sportsbook, or the sports betting site may wish to incentivise existing players back to their dormant accounts with a no deposit free bet offer.

Bonus Codes for New Zealand Free Bets

Players can use bonus codes to trigger new bets in NZ, either when signing up or when making a deposit. These codes are used to identify which deal you want to trigger. After all, some bookmakers have more than one betting bonus running at the same time.

With William Hill, for example, new players can use the bonus code H30 when signing up to get NZ$30 in free bets when they deposit and bet NZ$10.

Promo Codes for Free Bets NZ

There is no difference between a promo code and a bonus code. They work in the same way, in that they offer players free bets and other perks via a code.

Promo codes are associated with specific promotions that may only last a certain period. For example, you might use a promo code to trigger cricket betting bonuses during the T20 World Cup or the 50-over World Cup. Once the tournament is over, the code expires.

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Risk Free Bets

Risk free bets is a catch-all term for all types of free bet where there is no risk for the bettor. In most cases, this involves free bet credits, tokens or cash that can be used on sporting events. Other risk-free bets include playing predictor games with no entry fee, in which winners earn cash or additional bets to their betting accounts.

Money Back as a Free Bet

A great NZ free bet promo that is often used during big sports events is the Money Back as a Free Bet deal. This deal involves you placing a wager and, if it loses, your stake is refunded as a free bet.

Sportsbooks usually deploy Money Back as a Free Bet offers ahead of major sports events such as the Super Bowl, Champions League games, and major horse races. The incentive is there for bettors to wager on such events because the money back deal acts as an insurance if you lose.

In-Play Free Bet

In-play free bets are ideal for bettors who like to follow all the action live. They work by matching your pre-match bet as a free bet, which you can then use on the live odds during said game.

For example, you might wager $20 on India to beat Australia in a Test match before a ball has been bowled. Once the live odds are active, you get a free bet worth $20 to stake on the game too!

Free Bets Paid as Promotional Odds

Free bets paid as promotional odds offer you the incentive are largely inflated odds on a specific event or outcome if you first place a qualifying bet. For instance, you could be offered 10/1 that the All Blacks will beat Australia in the Bledisloe Cup if you first place a bet on NRL.

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Free Bets for Existing Customers

Existing customers can earn free bets through various means. Bookmakers know they need to keep existing customers sweet, otherwise player will rightly jump ship to another site. Existing customer deals include money back if your horse doesn’t win, free NZ$1 wagers on new sports, and loyalty schemes that reward players relative to their outlay.

Acca Insurance Free Bets

Acca insurance is big business, particularly when it comes to betting on football. It acts as a cushion if one leg of your accumulator fails to win. If this happens, the stake from your acca is refunded as a free bet.

How to find New Free Sports Bet Offers

New free bet offers are emerging all the time as sportsbooks compete with each other to provide the best service. As bettors, this means there’s plenty of choice and you can afford to be picky about which site you eventually join.

There are a few ways to quickly find new sports bet offers, the easiest of which is to check back to Bookies.com on a regular basis and see what’s available. Our experts refresh our list of free bet deals on a regular basis and provide info on how each offer works with the best sports betting NZ sites around.

An alternative way to find new free sports bet offers is to check each sportsbook’s promos page and see what they’re dealing out. But be aware that you won’t get the best deal if you sign up to a bookie just to access the free bet, because in doing so you would be overlooking some great additional incentives found at Bookies.com!

Find the Best Sports Betting Site with Free Bets for You

Choosing your ideal NZ betting site can often come down to the finer details. While there are plenty that offer free bets, players also need to consider the overall betting experience of their proposed site.

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Here are a couple of examples of choosing a betting site based on your preferences:

You may want to:

  • Bet on live tennis
  • Use a free bet
  • Get the best odds
  • Deposit NZ$10

In this instance, you need to find a betting site that offers enhanced tennis odds and live markets from tournaments all over the world. BetVictor does just that. Its enhanced odds feature on tennis is the perfect mechanism for squeezing more value out of your live wagers. Simply deposit $10 and you’ll also get $40 in free bets and $20 in casino credits.

You may want to:

  • Bet and live stream horse racing
  • Use a free bet
  • Bet each way
  • Deposit NZ$35

In this instance, not only do you need to find a betting site for horse racing in NZ, but you also need to access one with racing streams. William Hill does that brilliantly. Players can access live streams for horse racing so long as they wager on the event. Free sports bets can be used for each-way wagers too!

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Bookmakers Free Bets vs. Bonus Offers

Free bets aren’t the only deals you can enjoy at NZ online bookmakers. Players looking for value often turn to free bet offers and forget about other deals that may be available to them. So, how do they stack up against the rest? Let’s find out:

Free Bets vs. Enhanced Odds

Enhanced odds are price boosts bookmakers apply to certain odds in order to make them more appealing to bet on. They’re very different from a free bet and, in fact, you might be able to use your free bet on enhanced odds! Combined, they can generate big profits at low risk.

Free Bets vs. Free Spins

Free spins are a type of free bet that you’ll find at an online casino NZ has to offer. However, they don’t carry a monetary amount like a free bet does. Instead, you might get, say, 50 free spins on specific pokies. Your winnings may be capped, and there might be wagering requirements to fulfil with online casino free spins. Sports bettors get a far better deal than casino players.

Free Bets vs. Cash Back

Sportsbooks can offer cash back on daily, weekly or monthly losses to loyal players who spend big. Cash back is usually a percentage of total losses. That refunded cash may be added to your account as actual cash, free bets, or bet credits. While cash back is a bonus, bettors don’t rely on it like they might free bets.

What to Look for When Choosing Bookies Free Bet Offers? 

There are certain factors that stand out when sifting through good and bad free bet deals. You should therefore think hard about what you want a free bet for before selecting a site to join.

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Here are some things that can help shape your free bet choice:

Size of free bet

Good free bet welcome deals match your first deposit when you join a betting site. The very best ones go beyond that with big free bet offers, such as the NZ$60 in free bets available at BetVictor when you deposit NZ$10. Look for big rewards. If you have to deposit NZ$100 just to get a NZ$10 free bet, the deal is probably not worth it. Ideally the max free bet should be greater than the minimum deposit you need to make, but a matched free bet is the standard. So for example, you should look to get $30 in free bets with a $30 deposit.

Does the free bet cover my sport?

If you want to bet on horse racing but a free bet deal only focuses on online football betting, it’s not much use to you. So, check your free bet works for the sports you want to wager on. You can see which sports qualify for each free bet in the T&Cs.

Are there wagering requirements?

Some free bets require you to re-bet your winnings a number of times before you can withdraw. Free bets with wagering requirements aren’t overly common but if you don’t want to go through these then make sure you find a deal with a betting site that doesn’t include “wagering” or “turnover”.

Is there an odds limit on the free bet?

There may be a minimum odds requirement on your free bet that prevents you placing the wager you want. For example, if you want to bet on a heavy favourite in tennis, but your free bet needs to be at odds of 2.00 or greater, then it’s no use to you.

Can I bet on live odds?

Some free bets won’t allow you to bet on live odds but only pre-match or futures bets. If you want to bet live on sports, look for a site offering an NZ free bet deal that facilitates these options.

Best Betting Sites with Free Bets

The best New Zealand betting sites all offer something unique with their perks and promos for players – and that includes free bets. Of course, no betting site is worthy of your time if it can’t meet the very high criteria set by our reviewers when making their recommendations.

Sites need to provide:

  • Competitive odds across all sports
  • High levels of security and player safety
  • A good range of payment options
  • High quality customer service

Here are the best betting sites with free bets NZ players can access right now:

William Hill

William Hill is a world-leading sportsbook offering NZ players the flexibility to bet on more than 30 sports. The sportsbook currently offers a Bet NZ$10 Get NZ$30 In Free Bets deal for all new players. That’s 300% extra in free bets to place on any sport.

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BetVictor

One of the biggest free bet sign-up deals in NZ, BetVictor offers a 150% matched free bet up to NZ$150 for new players who deposit NZ$100. BetVictor is the home of live sports betting. Its super-fast sportsbook is optimised for fans who need data quickly to place their next wagers.

Betway

The beauty of Betway's free bet deal is in the detail. While most sportsbooks require odds of 2.00 for a qualifying bet, at Betway it’s just 1.75. Get up to NZ$60 matched in free bets when you deposit at least NZ$10 and place your first wager. Remember, lower qualifying odds mean you can bet on a heavier favourite and are more likely to win your bet.

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888Sport

Bettors seeking to get big benefits from a high initial deposit should look no further than 888sport. It offers a 100% Welcome Bonus up to NZ$250. The deposit amount needs to be wagered twice before you get your bonus, and there’s a 5x turnover attached to the free funds. However, it’s not common to get your hands on such a big bonus, so if you’re confident about your bet choices, this could be perfect for you.

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LeoVegas

The LeoVegas sportsbook is ideal for those who want to make quick, simple wagers. The welcome offer is straightforward too: get double your winnings on your first two bets. This is effectively like doubling your odds. While it’s not a free bet offer, it is a chance to earn more profit from a reduced risk.

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Free Bets For Existing Customers

Bookmaker free bet offers should never stop at the sign-up stage. Loyal existing customers deserve free bets too and can thrive by triggering regular promos dished out by their chosen sportsbooks.

There are three common ways in which free bets for existing customers are handed out. Here are the instances in more detail:

  1. Welcome back offers: Sportsbooks will give players who have perhaps not bet at their site for a few months an incentive to return. A free bet is naturally a great opportunity for someone to give the sportsbook another shot.
  2. Tournaments: Players who compete in sportsbook tournaments can often earn free bets as a reward. These tournaments may be betting related (such as a leaderboard for whoever wins the most when betting on the World Cup) or be predictor games where the smartest win free bet prizes.
  3. Big events: Bookmakers will often save their free sports bet deals for major events, such as the Champions League final, the Olympic Games, or the Melbourne Cup.

Remember, keep an eye on the promos tab on your chosen sportsbook and check back when there are big events coming up. You never know when a deal might land!

Bookies Free Bet Offers Terms and Conditions

It’s important to check the terms and conditions of all free bet offers you plan to trigger. Yes, this is the boring part, but not checking the T&Cs can leave you short when withdrawing your winnings. If you fail to meet the terms set out in the free bet deal, the bookie is unlikely to sympathise.

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So, here are the main things to check when looking at free bet T&Cs:

Wagering requirements

This is the most important aspect of any betting free bet offer from NZ betting sites. After all, wagering requirements restrict when you can withdraw your winnings. A wagering requirement stipulates how many times you need to re-bet your free bet, your winnings, or a combination of both, before you can withdraw. For example, if you get a NZ$20 free bet with 3x wagering on the bet amount, you’ll need to stake $60 in total before you can withdraw.

Minimum deposit

Most free bet offers that are linked to an initial deposit require a minimum deposit amount. For a site like LeoVegas , that minimum is just NZ$10. Check what the minimum and maximum free bet is and consider whether your budget allows for that deposit size.

Minimum odds

Your free bets might only be available on wagers above a minimum odds level. This is normal and helps prevent money laundering and fraud. Equally, your qualifying bet that needs to be made to trigger a free bet could also carry a minimum odds stipulation. Always check what the minimum odds are. A price of between 1.50 and 2.00 is standard for most betting offers.

Qualifying sports

Ensure your free bet works on the sport you want to bet on. Most deals cover all sports, but some don’t account for horse racing and greyhounds, while others won’t allow you to bet on live sports with your free bet.

Time limits

Keep an eye on how long you have to use your free bet. For most sites, the time limit is between seven and 30 days. You might also have a time limit on your wagering requirements, so look out for that too.

What Can I Use a Free Sports Bet On?

The beauty of free bets in sports betting is that they can be used on practically anything. Well, that’s the theory at least. There are occasionally some restrictions around which sports you can bet on. Generally, though, a free bet welcome offer will allow you to wager on everything from golf betting and cricket to tennis and darts betting.

The difference, though, comes when bookmakers provide sport-specific free bet promotions that carry free bets. These betting offers are usually focused on major sporting events and competitions. The best sportsbooks offer deals ahead of events like the Cricket World Cup, the start of the Premier League season, and the Australian Open tennis.

You’re unlikely to find specific free bet deals on niche sports. Most free bets will focus on the bigger sporting events. In fact, here are some of the specific free bet offers that become available throughout the year:

Free Football Bets

Free football bets are the most popular type of sport-specific free bet deals. Throughout the year, there may be scores of free bets on football, from World Cup and Champions League offers through to deals on individual matches. Look out particularly for free bets on big Premier League fixtures, including the Manchester derby, Merseyside derby, and the north London derby from the best football betting sites.

Cheltenham Free Bets

The Cheltenham Festival is the World Cup of horse racing: four days of exhilarating national hunt action. It’s the biggest week of the year for some sportsbooks, and punters can’t move for free bets. A site like William Hill might offer Cheltenham free bets on every day of the festival. Welcome offers that include NZ$30 or NZ$40 in free bets are commonplace.

Grand National Free Bets

It’s the biggest horse race in the world, with 40 runners leaping over 30 jumps at Aintree Racecourse. Grand National betting is big business for betting sites, and punters can take advantage by being choosy about which sites they sign up with. 

Bookmakers will offer Grand National free bet welcome deals, as well as extra places and boosted odds. Free bets on the Grand National are perfect for those seeking to back outsiders at big odds without the added risk. Remember, usually only your winnings are returned when you win a free bet (not the value of the stake), so betting high-odds horses on the National is often worth it.

Horse Racing Bookies Free Bets

You might think that outside of Cheltenham and the Grand National sportsbooks cool their enthusiasm for horse racing free bets. Well, you’d be wrong! Many top NZ betting sites deliver horse racing free bet offers throughout the year. 

These can be attached to specific races, such as the Melbourne Cup, Kentucky Derby or the New Zealand Derby. Or, they can be regular free bet deals, such as the ones you can win at William Hill in its Scratch of the Day promo.

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Cricket Free Bets

The cricket betting calendar never ends, and that’s great news for bettors who are seeking cricket free bets. Whether it’s the Ashes or the Cricket World Cup, the IPL or the Hundred, there’s always a cricket match to bet on.

Bookmakers like 888sport may offer cricket free bet options ahead of major events. However, it’s more common for punters to sign up to a sportsbook and use the generic free sports bet for cricket. All our recommended sportsbooks allow punters to use their welcome free bets on cricket markets.

How to Use Bookies Free Bet Offers

Claiming and using your free bet is relatively straightforward, but it’s always worth understanding the usual process for a free bet offer before you dive in. This goes for whether you’re new to online sports betting, or an experienced punter. After all, each sportsbook is different, and each has its own rules for claiming and using a free bet offer that you might not be familiar with.

Here are the steps to take in order to use bookies free bet offers:

Research Free Bets NZ

The first step is to look through the recommended sites for NZ free bets and find the biggest free bet bonus and sportsbook that’s right for you. Consider what you want from bookmaker free bets and how you’re likely to claim free bets from the betting site.

Sign Up

Follow the free bet offer link from our reviews and you’ll be redirected to a sign-up page on your chosen sportsbook. Remember to copy any free bet bonus code that might be required later in the process.

Enter Details

Signing up to a sportsbook requires players to enter their personal details such as: name, DOB, address, and email. You will need to create a username and password and may need to verify your account via email or your phone.

Deposit and Enter Promo Code

Many of the best free bet offers require players to make a qualifying deposit. Double check the T&Cs of your free bet offer to ensure you know the first deposit amount. You might also need to add your promo code at this stage. Go through the deposit process as instructed by the bookmaker.

Make A Qualifying Bet

Once you’ve made a deposit, you’re ready to get betting. However, check if you need to make a qualifying bet before you earn your free bets, or whether your free bets are already credited. If it’s the latter, you’ll see your free bets in your account profile.

If you need to make qualifying bets, make sure you meet the minimum bet level and minimum odds level when placing it. For those accessing the Betway free bet offer, for instance, this involves betting the total value of your first deposit at odds of 1.75 for a single bet, or 1.40 for each way or system bets. Upon qualification, a free bet token to the value of your first deposit (up to NZ$150) will be instantly made available in your account.

Use Your Free Bet Offer

Whether you had your free bets upon sign-up or needed to make a qualifying bet first, you’ll eventually get to a stage where you’re ready to bet for free. To do this, sportsbooks require you to find the wager you want to bet on first. So, take a look through the options available to you and find a bet that works for you. When you click on the odds, there will be a number of options available, depending on your bookmaker. You’ll need to:

  • Enter your stake in the free bets box
  • Enter your stake as normal and tick the ‘free bet’ option
  • Process the bet and then select ‘use free bet’ before confirming the wager

Free Bet Club

Many bookies will offer a free bet club as part of their ongoing free bet promotions for loyal customers. These free bet clubs will have slightly different requirements depending on which betting site you are using. They will however follow a similar structure. These betting offers will require you to place a number of qualifying bets each week. For example a free bet club may require you to place 5 £10 accas at min odds of evens in a 7 day period. Then you will get £20 in free bets the following day. Be sure to check the terms of the free bet club carefully, and make sure you opt in each week if that is required.

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Are Free Bets NZ Legal?

The NZ government only regulates the TAB when it comes to online sports betting, making it illegal for any other bookmaker to operate within the country. However, Kiwis are free (and legally permitted) to test their luck at international sports betting sites and trigger any betting offers and free bet promotions that might be available.

Free bet promotions are created by individual bookmakers that adhere to regulatory and legal standards elsewhere in the world. So, NZ players can be sure they are getting a great deal with free bet offers, so long as they go with a trusted site like the ones we review at Bookies.com.

Bookies Free Bets FAQs

What is a free bet?

A free bet is one of the sports betting promotions where sportsbooks give bettors funds to wager risk-free on sports betting markets. Free bets come in the form of credits or cash, and usually the bettor earns only the winnings (not the stake value) when they win off a free bet.

How to get bookies free bets

You can get bookies free bets by checking out the latest betting offers available at Bookies.com. We review top-rated NZ free bet offers and make it easy for you to click, join a site and trigger a free bet in minutes.

How to get your free bet on William Hill

Click to sign up and deposit at least NZ$10, using the promo code H30 through Bookies.com. Complete your account set-up and then place a minimum $10 qualifying bet on sport, at odds of 1.50 or bigger. You'll then get NZ$30 in free bets credited to your account.

How do I get a free bet with Betway?

The Betway offer is a 100% match on your first deposit up to NZ$150. To get the offer, sign up to the sportsbook through Bookies.com and deposit at least NZ$10. Wager your entire first deposit in a bet at the sportsbook at odds of 1.75 or higher, and your free bet will appear in your account.

How do free bets work?

Free bets work by offering players bonus bets, credits or free bet tokens to wager on sports betting markets. Your free bet is added to your account, and you can use that amount on a bet. If your bet wins, you earn the profit of that free bet as winnings, but your free bet stake isn’t returned.

What is a risk free bet?

A risk-free bet is any bet where you don’t wager your own money on the outcome. They are commonly found as free bet credits or cash, where betting sites reward players with a risk-free wager on sports for customers to use.

Can you withdraw free bet winnings?

Yes. Most free bet offers allow you to withdraw your winnings once the bet has settled. However, some betting apps with free bets apply a wagering or turnover requirement to your winnings. In this instance, you have to re-bet your winnings or the value of the free bet a fixed number of times before you can withdraw.

Are free bets worth it?

Yes. Free bets are one of the best betting offers NZ sports betting sites give out. They grant players access to risk-free betting, which means you can wager on outcomes on betting markets that you might otherwise have thought were too unlikely to win.

What betting sites give free bets without deposit?

Some of the best betting sites offer free bet no deposit welcome bonuses. However, these sports betting bonuses are almost all available to existing players, rather than new customers of top sports betting sites. BetVictor and Betway are two of the best sports betting sites that occasionally offer existing players free sports bet no deposit deals.

Can you cash in free bets?

No. You can only cash in free bets once you’ve placed the bet and earned back winnings from the wager. There may also be wagering requirements on the free bets offer that mean you can only cash out after the free bet stake has been played through a number of times.

Is your free bet stake returned in your free bet winnings when you make a winning bet?

Generally the answer is no. Unlike the qualifying real money bet you will have placed to earn the free bet, the free bet stake is not returned should your free bet win. However, be sure to check the terms of the offer, as some bookmakers may return the free bet stake on top.

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Bookies.com Staff for Bookies.com
Bookies.com Staff